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26950 & 26881 E Grosse Point Shrs, Hancock, MI, 49930

1beds
1baths
672sqft
$279,000
$415price/sqft
$1,967/moest. monthly cost
$78,680/yrincome needed

About This Home

Charming and thoughtfully designed, this one bedroom, one bath cabin on East Grosse Point Shores Road offers a unique opportunity with an additional waterfront parcel on beautiful Portage Lake located approximately 400 feet west across the road. Built in 2021, the cabin features modern construction with well and septic installed during the build, making it an ideal year-round getaway, vacation rental, or recreational retreat. Though compact in size, the cabin has a warm and inviting atmosphere with tongue-and-groove pine paneling, an open-concept layout, and a cozy propane fireplace. Additional amenities include a 3/4 bath, washer and dryer, and efficient use of space throughout. The property is currently being utilized as a successful vacation rental. Included with the sale is a separate wooded waterfront parcel offering approximately 266 feet of frontage on Portage Lake. A trail has already been established to the shoreline, and the seller has begun clearing an area suitable for a picnic spot or lakeside gathering area. The waterfront parcel offers excellent potential for recreation and future possibilities, though buyers should note that a wetland delineation may be required and a conventional septic system is considered unlikely for that parcel. Whether you are looking for a cozy Northwoods escape, an income-producing rental, or a property with waterfront potential, this offering provides a rare combination of comfort, privacy, and access to one of the area’s most desirable lakes. Buyer is encouraged to do their due diligence on waterfront parcel. Seller is a licensed Real Estate Broker in the State of Michigan.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 2021

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Microwave,Range/Oven,Refrigerator,Washer,Water Heater,Tankless Water Heater
  • Laundry features: First Floor Laundry

Basement

  • Basement: Concrete,Crawl Space

Bathroom1

  • Level: First

Bedroom1

  • Level: First
  • Area: 128

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Window features: Window Treatments
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 672

Heating & Cooling

  • Heating features: Space Heater,Propane
  • Cooling features: None

Interior Area

  • Total structure area: 672
  • Total interior livable area: 672 sqft

Kitchen

  • Level: First
  • Area: 128

Living Room

  • Level: First
  • Area: 256

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 01420100251
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Porch
  • Has view: Yes
  • View description: Canal
  • Has water view: Yes
  • Water view: Canal
  • On waterfront: Yes
  • Waterfront features: All Sports Lake,Canal Front,Creek/Stream/Brook,Lake Front,Waterfront
  • Waterbody name: Portage canal
  • Frontage type: Road
  • Frontage length: 132

Lot

  • Lot size: 0.76 Acres
  • Features: Wooded
  • Lot size dimensions: lengthy 2 parcels

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
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Cold Wave
Hail
Inland Flooding
Lightning
Tsunami

FEMA Declared Disasters in Houghton 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 $1,410$16,920
Home Insurance *$107$1,284
Property Taxes $262$3,144
Electricity $188$2,259
Total$1,967$23,604
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$67,440/yr
40% on housing$59,010/yr
45% on housing$52,453/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: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$415This listing

vs Other Active Listings

Avg $/sqft

ZIP 49930$139
Houghton County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 49930$174
Houghton County$106

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
2026-07-15Price change$279,000
2026-06-10Price change$297,000
2026-06-01Price change$309,000
2026-05-20Listed for sale$324,000

For Sale by Agent

AgentMARK COON
BrokerageRE/MAX DOUGLASS R.E.-H

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