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26930 S Arm Rd #22-23, Beaver Island, MI, 49782

2beds
2baths
1,150sqft
$445,000
$387price/sqft
$2,860/moest. monthly cost
$114,400/yrincome needed

About This Home

This lakefront home has its Cables’ Bay frontage on East Side Drive, but the driveway into it starts on South Arm Road. It is on (has) Lot 22 and 23 of the Cable Bay Plat which are straight East of the center of the South Arm of Lake Geneserath. The Lots have just about 2 Acres of Land with 120.1 feet of Lake Michigan frontage. The house sits back off East Side Drive with an open area between it and the lake shore. It is far enough off the road to not hear cars going by. It also has a wonderful view of the Big Lake from the front deck and great room. There is one bedroom on the main floor, a large full bath that has a separate shower and a claw foot bathtub. Also on the main level is an open kitchen and dining area, the rest of this great room is living room area. A wide staircase takes you up to an open loft/bedroom area (which can easily be made into a private bedroom). There is a half bath on this upper level. This “Loft” area has a beautiful view of Lake Michigan with the all glass eastern wall of the house – through the Cathedral Ceiling front main level. There is a wide deck on the lakeside of the home and a small deck with access on the north side. Between the South Arm Road and the house is a beautiful stand of primarily Sugar Maple trees. The home was built with a high quality metal roof that is still like new. The owner recently erected a metal Quonset 1.5 car garage behind the house. The House is 33ft. by 26 ft. (858’) with an additional 292 sq. ft. of finished floor area in the loft bedroom – according to the original owner/builder. It would cost you over $600,000 to buy this lot and build this home with its driveway and all systems today. The Cable Bay Plat owners have two lots for use by all owners that provides access to Lake Geneserath and a sand swimming beach just 1200 feet up East Side Drive. The boat launch on the North Arm of Lake Geneserath is just one mile up the road. Asking price is $445,000.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

6/10

Construction

Condition

  • Year built: 2003

Materials

  • Construction materials: Wood Frame/Site Built

Type & Style

  • Home type: SingleFamily

Interior

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Heating

  • Heating features: LP Gas

Interior Area

  • Total interior livable area: 1,150 sqft

Property

Features

  • Levels: Two Or More
  • On waterfront: Yes
  • Waterfront features: Waterfront

Lot

  • Lot size: 1.90 Acres

Parking

  • Parking features: Detached Garage
  • Has garage: Yes
  • Covered spaces: 1.5

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

  • Cold Wave
    Cold WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Tsunami

FEMA Declared Disasters in Charlevoix 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 $2,250$27,000
Home Insurance *$111$1,332
Property Taxes $311$3,732
Electricity $188$2,259
Total$2,860$34,320
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$98,057/yr
40% on housing$85,800/yr
45% on housing$76,266/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: 5.9%
5.9%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.4%
0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$387This listing

vs Other Active Listings

Avg $/sqft

ZIP 49782$228
Charlevoix County$286

vs Homes Sold Last Month

Median $/sqft

ZIP 49782
Charlevoix County$293

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
2025-10-02Listed for sale$445,000

For Sale by Agent

AgentEd Wojan
BrokerageEd Wojan Realty

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