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4050 E Walker Rd, Harrisville, MI, 48740

5beds
2baths
2,223sqft
$499,700
$225price/sqft
$3,340/moest. monthly cost
$133,600/yrincome needed

About This Home

48+ acre mixed use farm with three (3) ponds...The historic farmhouse features many upgrades/updates including substantial addition with Family room, new roof plus $50K solar power system in 2024 (no more big utility bills). Home overlooks extra-large and deep (17') main pond. The property has nearly 40 acres of farm-land ready for crops, there are many commercial size outbuildings for any type of business use. Price includes allowance to complete remaining drywall work. Farm is conveniently located just minutes from everything... shopping, schools, beaches...you name it! Be sure to view virtual tour to appreciate this property and then come see this exceptional offering.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

4/10
Alcona Elementary SchoolGrades K-52.5 mi
6/10

Construction

Condition

  • Year built: 1939

Materials

  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Farmhouse
  • Property subType: Farm

Interior

Appliances

  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Michigan Basement

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bedrooms: 2

Features

  • Finished area below ground: 0

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 2,223
  • Total interior livable area: 2,223 sqft

Property

Details

  • Parcel number: 06000920000502

Features

  • Stories: 2
  • On waterfront: Yes
  • Waterfront features: Pond
  • Waterbody name: 2 Ponds

Lot

  • Lot size: 48.18 Acres
  • Lot size dimensions: irregular

Parking

  • Total spaces: 20
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 20
  • Covered spaces: 20

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

  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Lightning
Cold Wave
Inland Flooding
Strong Wind
Tsunami

FEMA Declared Disasters in Alcona 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 $2,526$30,312
Home Insurance *$235$2,820
Property Taxes $337$4,044
Electricity $242$2,909
Total$3,340$40,080
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$114,514/yr
40% on housing$100,200/yr
45% on housing$89,066/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: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: -1.6%
-1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$225This listing

vs Other Active Listings

Avg $/sqft

ZIP 48740$86
Alcona County$130

vs Homes Sold Last Month

Median $/sqft

ZIP 48740
Alcona County$138

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
2026-07-28Listed for sale$499,700

For Sale by Agent

AgentMatthew Burt
BrokerageDream Quest Realty Team

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