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100 Michigan Ave #355, Charlevoix, MI, 49720

2beds
2baths
887sqft
$795,000
$896price/sqft
$4,994/moest. monthly cost
$199,760/yrincome needed

About This Home

Spacious 2-bedroom waterfront condominium overlooking the beautiful shores of Round Lake, located on the north side of Charlevoix just steps from downtown. Enjoy million-dollar views at a fraction of the price from this prime location, within walking distance to shopping, restaurants, beaches, and the iconic Charlevoix Lighthouse—perfect for taking in breathtaking Northern Michigan sunsets and the famous Round Lake Harbor and Downtown Marina are just steps away. This fully furnished unit offers strong rental history and year-round appeal. As part of the Edgewater Inn condominium association, owners and guests enjoy access to an indoor and outdoor pool, hot tub, sauna, fitness room, and on-site shared laundry facilities. Northern Michigan’s top ski resorts are approximately 30 minutes away, and Petoskey is just a short drive north. An ideal waterfront getaway, investment property, or both. Call today to schedule your private showing.

Getting Around

67
WalkingSomewhat Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

6/10
9/10
Charlevoix High SchoolGrades 7-122.6 mi

Construction

Materials

  • Construction materials: Wood Frame/Site Built

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Heating

  • Heating features: Natural Gas

Interior Area

  • Total interior livable area: 887 sqft

Property

Features

  • On waterfront: Yes
  • Waterfront features: Waterfront

Parking

  • Parking features: Other

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 WaveRelatively High
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Lightning
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 $4,019$48,228
Home Insurance *$231$2,772
Property Taxes $556$6,672
Electricity $188$2,259
Total$4,994$59,928
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$171,222/yr
40% on housing$149,820/yr
45% on housing$133,173/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

$896This listing

vs Other Active Listings

Avg $/sqft

ZIP 49720$276
Charlevoix County$282

vs Homes Sold Last Month

Median $/sqft

ZIP 49720
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
2026-02-20Listed for sale$795,000

For Sale by Agent

AgentAusten Lobenherz
BrokerageBerkshire Hathaway HomeServices Real Estate

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