16043 Wagner Rd, Empire, MI, 49630
About This Home
Nestled on the tranquil north shore of pristine Pearl Lake, this charming 4-bedroom, 2-bath Cape Cod offers an exceptional combination of waterfront beauty and peaceful Northern Michigan living. With approximately 7 acres and 600 feet of natural frontage featuring a sandy and gravel lake bottom, the property provides an ideal setting for swimming, kayaking, fishing, or simply enjoying the crystal-clear waters. A welcoming covered front porch spans the entire length of the home, creating the perfect place to relax and take in the surrounding scenery, while a spacious rear patio offers additional outdoor entertaining space. The home also overlooks a picturesque natural pond, attracting abundant wildlife. Completing the offering is a detached 2-car garage and a setting that blends privacy, recreation, and timeless Up North charm. Adjacent 80-acre waterfront parcel on Brooks Lake is also available, offering a rare opportunity to create an extraordinary Northern Michigan estate encompassing acreage, multiple lakes, and exceptional privacy.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1997
Materials
- Roof: Asphalt
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subType: Single Family Residence,Modular
Interior
Appliances
- Appliances included: Refrigerator,Oven/Range,Washer,Dryer
- Laundry features: Main Level
Basement
- Basement: Crawl Space
Bedroom2
- Level: Main
- Area: 117
Bedroom3
- Level: Upper
- Area: 285
Bedroom4
- Level: Upper
- Area: 285
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Dining Room
- Level: Main
- Area: 182
Features
- Mud Room,Drywall
- Flooring: Carpet,Vinyl
- Fireplace features: None
- Finished area below ground: 2,197
- Finished area above ground: 0
Heating
- Heating features: Forced Air,Propane
Interior Area
- Total structure area: 2,197
- Total interior livable area: 2,197 sqft
Kitchen
- Level: Main
- Area: 143
Living Room
- Level: Main
- Area: 247
Master Bathroom
- Features: Private
Master Bedroom
- Level: Main
- Area: 168
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 0100500400
- Zoning description: Residential
- Special condition: Estate
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Patio,Covered
- Has view: Yes
- View description: Water
- Water view: Water
- On waterfront: Yes
- Waterfront features: Inland Lake,All Sports,Gradual Slope to Water,Vegetation to Water Edge,Lake,Sandy Shoreline
- Waterbody name: Pearl Lake
- Frontage type: Waterfront
- Frontage length: 600
Lot
- Lot size: 7 Acres
- Features: Some Lowland Areas,Sloped,Metes and Bounds
- Lot size dimensions: irregular
Parking
- Total spaces: 2
- Parking features: Attached,Concrete Floors,Gravel
- Has garage: Yes
- Attached garage spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Cold Wave
- Inland Flooding
- Lightning
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Benzie County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,514 | $42,168 |
| Home Insurance * | $170 | $2,040 |
| Property Taxes | $290 | $3,480 |
| Electricity | $239 | $2,875 |
| Total | $4,213 | $50,556 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-03 | Price change | $2,095,000 |
| 2026-07-03 | Listed for sale | $695,000 |
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