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8558 Monterey Dr, Evart, MI, 49631

1beds
1baths
400sqft
$355,000
$888price/sqft
$2,253/moest. monthly cost
$90,120/yrincome needed

About This Home

If there was ever a riverfront property begging to be developed, this is the one. 40 acres and over 1000 feet of frontage on the Mighty Muskegon River, and this is not your steep-bank, or floodplain frontage either...come walk acre after acre of gorgeous riverfront, thick woods, and rolling hills. Criss-crossed with trails old and new, and with a creek and gorgeous ravine area in the mix, this property has character galore. A small cottage, a big new pole barn and storage/shop area are a great start to your plans. Multiple frontages make potential plans closer to reality. Come and see the sweat and love the owner has poured into this land, set up your tour!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

6/10
Evart Middle SchoolGrades 5-85.0 mi
3/10
Evart High SchoolGrades 9-125.7 mi
5/10
Evart Elementary SchoolGrades PK-45.0 mi

Construction

Condition

  • Year built: 1950

Materials

  • Construction materials: Wood Siding

Type & Style

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

Interior

Appliances

  • Laundry features: None

Basement

  • Basement: Slab

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 1

Heating

  • Heating features: Wood

Interior Area

  • Total structure area: 400
  • Total interior livable area: 400 sqft

Property

Details

  • Parcel number: 671602001601

Features

  • Stories: 1
  • On waterfront: Yes
  • Waterfront features: River
  • Waterbody name: Muskegon River

Lot

  • Lot size: 39.95 Acres
  • Lot size dimensions: Irregular

Parking

  • Total spaces: 6
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 6
  • Covered spaces: 6

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
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Lightning
Strong Wind
Hail
Inland Flooding
Tornado

FEMA Declared Disasters in Osceola County and Michigan

Severe Ice Storm
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 $1,795$21,540
Home Insurance *$213$2,556
Property Taxes $57$684
Electricity $188$2,259
Total$2,253$27,036
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$77,245/yr
40% on housing$67,590/yr
45% on housing$60,080/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: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 4.0%
4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$888This listing

vs Other Active Listings

Avg $/sqft

ZIP 49631$134
Osceola County$190

vs Homes Sold Last Month

Median $/sqft

ZIP 49631
Osceola County$152

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)

No zestimate history available

Price History

DateEventPrice
2026-02-21Price change$395,000
2025-10-08Price change$432,000
2025-07-12Listed for sale$465,000

For Sale by Agent

AgentJoseph McNally
BrokerageRE/MAX TOGETHER

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