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7355 Webbs Shore Dr, Gregory, MI, 48137

2beds
2baths
940sqft
$429,000
$456price/sqft
$3,072/moest. monthly cost
$122,880/yrincome needed

About This Home

Enjoy lake living on beautiful all sports North Lake. This charming two story seasonal cottage features 2 bedrooms and 1.5 bathrooms. Immediate occupancy means you can start enjoying the lake right away. Large sliding glass doors on both levels frame expansive lake views and make the water feel like an extension of the home. Recent improvements include a new well (July 2026), a new roof (2022), and a freshly painted deck. The sale also includes two additional lots, providing dedicated parking, extra outdoor space, and added flexibility, all features that are hard to find on North Lake. Whether you're spending the day boating, fishing, swimming, or simply enjoying sunsets over the lake, this cottage offers the perfect place to experience everything North Lake has to offer. Conveniently located near Inverness Country Club and an easy drive to Chelsea, Dexter, Ann Arbor, and Jackson.

Getting Around

9
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

10/10
Beach Middle SchoolGrades 6-85.2 mi
9/10
Chelsea High SchoolGrades 9-125.6 mi

Construction

Condition

  • Year built: 1940

Materials

  • Roof: Shingle
  • Construction materials: Aluminum Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Bar Fridge,Dishwasher,Microwave,Oven,Refrigerator
  • Laundry features: None

Basement

  • Basement: Crawl Space

Bathroom1

  • Level: Upper
  • Area: 12462
  • Dimensions: 93.00 x 134.00

Bedrooms & Bathrooms

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

Dining Area

  • Level: Main
  • Area: 138920
  • Dimensions: 1510.00 x 92.00

Features

  • Eat-in Kitchen
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: None
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 940
  • Total interior livable area: 940 sqft

Kitchen

  • Level: Main
  • Area: 1276
  • Dimensions: 11.00 x 116.00

Living Room

  • Level: Main
  • Area: 21412
  • Dimensions: 202.00 x 106.00

Master Bedroom

  • Level: Upper
  • Area: 17098
  • Dimensions: 103.00 x 166.00

Property

Details

  • Parcel number: D0418179009

Features

  • Stories: 2
  • On waterfront: Yes
  • Waterfront features: Lake
  • Waterbody name: North Lake

Lot

  • Lot size: 0.29 Acres
  • Lot size dimensions: irregular

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
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Strong Wind
Tornado
Hail
Ice Storm
Lightning
Winter Weather

FEMA Declared Disasters in Washtenaw 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 $2,169$26,028
Home Insurance *$194$2,328
Property Taxes $521$6,252
Electricity $188$2,259
Total$3,072$36,864
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$105,325/yr
40% on housing$92,160/yr
45% on housing$81,920/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: 12.2%
12.2%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$456This listing

vs Other Active Listings

Avg $/sqft

ZIP 48137$262
Washtenaw County$227

vs Homes Sold Last Month

Median $/sqft

ZIP 48137$200
Washtenaw County$214

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
2026-08-03Listed for sale$429,000

For Sale by Agent

AgentAshley Smith
BrokerageKeller Williams Ann Arbor Mrkt

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