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7423 Old Lantern Dr SE, Caledonia, MI, 49316

5beds
4baths
4,384sqft
$717,000
$164price/sqft
$5,447/moest. monthly cost
$217,880/yrincome needed

About This Home

Experience exceptional living with breathtaking sunset views overlooking the golf course and pond from this meticulously maintained and thoughtfully updated 5-bedroom, 3.5-bath home. Perfectly positioned to capture panoramic views of the 17th hole, this home offers a stunning backdrop from dawn to dusk, with walls of windows filling the interior with abundant natural light. Brazilian cherry hardwood floors span the main level, where soaring vaulted ceilings and a dramatic double staircase create a grand first impression. Designed for both everyday living and entertaining, the main floor features a spacious kitchen, formal dining room, private office, reading room, laundry room, and convenient half bath. Step outside to the expansive deck with maintenance-free aluminum railings--an ideal place to relax and take in the spectacular sunset views over the water and fairway. Upstairs, you'll find four bedrooms, including a generous primary ensuite with large double closets and an updated bath featuring quartz countertops. The newly finished daylight lower level expands your living space with a family room, rec room, additional bedroom with walk-in closet, full bath, and abundant storage. Pride of ownership shines throughout with numerous updates, including several newer Jeld-Wen windows and a furnace and A/C just 3 years old, roof was replaced in 2015. Additional highlights include a large 3-stall garage and exceptional storage and underground sprinkling. A rare opportunity to enjoy elegant, move-in ready living paired with unforgettable golf course sunsets. Seller is a licensed Associate Broker in the State of Michigan.

Getting Around

22
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

9/10
Explorer ElementaryGrades K-51.2 mi
5/10
East Kentwood High SchoolGrades 10-121.3 mi

Construction

Condition

  • Year built: 1996

Materials

  • Roof: Composition
  • Construction materials: Brick,Vinyl Siding,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Built-In Electric Oven,Cooktop,Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Washer
  • Laundry features: Laundry Room,Main Level

Basement

  • Has basement: Yes
  • Basement: Daylight,Full

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Center Island,Eat-in Kitchen,Pantry
  • Window features: Window Treatments
  • Flooring: Ceramic Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air,SEER 13 or Greater

Interior Area

  • Total structure area: 3,234
  • Total interior livable area: 4,384 sqft

Property

Accessibility

  • Accessibility features: Covered Entrance

Details

  • Parcel number: 412208429011
  • Zoning description: Residential

Features

  • Stories: 2
  • Waterfront features: Pond

Lot

  • Lot size: 0.32 Acres
  • Features: Golf Community,Shrubs/Hedges
  • Lot size dimensions: 100' x 140'

Parking

  • Total spaces: 3
  • Parking features: Garage Faces Side,Garage Door Opener,Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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

  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Heat Wave
Winter Weather

FEMA Declared Disasters in Kent County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $3,625$43,500
Home Insurance *$206$2,472
Property Taxes $1,138$13,656
Electricity $478$5,738
Total$5,447$65,364
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$186,754/yr
40% on housing$163,410/yr
45% on housing$145,253/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

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.

Insurance Growth Rate5-year average: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$164This listing

vs Other Active Listings

Avg $/sqft

ZIP 49316$215
Kent County$197

vs Homes Sold Last Month

Median $/sqft

ZIP 49316$225
Kent County$201

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

DateEventPrice
2026-05-07Listed for sale$735,000
2026-05-02Pending sale$735,000
2026-04-30Listed for sale$735,000
2015-08-28Sold$250,054
2015-05-29Price change$248,900
2015-05-06Listed for sale$261,900
2014-10-06Sold$284,000
2011-12-19Sold$6,250
1997-05-27Sold$298,000

For Sale by Agent

AgentAnne S Espinoza
BrokerageGreenridge Realty (Kentwood)

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