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511 N Lake Dr, Caledonia, MI, 49316

5beds
5baths
5,879sqft
$3,650,000
$621price/sqft
$24,621/moest. monthly cost
$984,840/yrincome needed

About This Home

Welcome to lakefront living on Green Lake in Caledonia--a premier 309-acre all-sports lake where refined luxury meets effortless waterfront living. This recently built, custom-designed estate showcases impeccable craftsmanship and elevated finishes, with panoramic water views creating a stunning backdrop from nearly every room. Designed for both elevated entertaining and everyday comfort, the home features expansive living spaces, a chef's kitchen, and seamless indoor-outdoor flow to a screened porch and outdoor entertaining area complete with a kitchen--perfect for hosting along the water. The primary suite offers a true retreat with sweeping lake views, while every space throughout reflects thoughtful design and a high level of finish. Outside, enjoy everything Green Lake has to offer--from boating and paddleboarding to peaceful mornings and unforgettable sunsets--all just minutes from conveniences. This is a truly exceptional lakefront property. Built with exceptional craftsmanship and designed for year-round luxury, this home features an engineered foundation with 87 pilings extending 83 feet to bedrock, heated main-level floors, soaring ceilings, a heated 3-stall garage with epoxy flooring, and a screened porch with retractable screens and heaters for all-season lakefront enjoyment. Premium finishes include a 50-year white cedar shake roof, custom-stained Alaskan cedar and Hardie Board siding, Hickory V3 flooring, soapstone countertops, a Cyprus wood ceiling in the sunroom, and heated marble bathroom floors. Advanced mechanical systems include a whole-home generator, dual furnaces and A/C units, a four-zone climate system, and a fireplace designed for both gas and wood-burning use--blending luxury, comfort, and lasting quality throughout.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

9/10
Paris Ridge ElementaryGrades K-40.9 mi
9/10
7/10
Caledonia High SchoolGrades 9-124.7 mi

Construction

Condition

  • Year built: 2023

Materials

  • Roof: Wood
  • Construction materials: HardiPlank Type,Stone,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary,Mid-Century Modern
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Bar Fridge,Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Washer,Water Softener Owned
  • Laundry features: Laundry Room,Main Level,Upper Level

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Ceiling Fan(s),Wet Bar,Center Island,Pantry
  • Window features: Screens,Window Treatments
  • Flooring: Stone,Tile,Wood
  • Number of fireplaces: 2
  • Fireplace features: Gas Log,Living Room,Recreation Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 5,879
  • Total interior livable area: 5,879 sqft

Property

Accessibility

  • Accessibility features: 36 Inch Entrance Door,36' or + Hallway,Low Threshold Shower

Details

  • Parcel number: 1313007301
  • Zoning description: res

Features

  • Stories: 2
  • Patio & porch: Scrn Porch
  • On waterfront: Yes
  • Waterfront features: Lake
  • Waterbody name: Green Lake

Lot

  • Lot size: 0.58 Acres
  • Features: Cul-De-Sac
  • Lot size dimensions: irreg

Parking

  • Total spaces: 3
  • Parking features: Garage Faces Side,Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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

  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Cold Wave
Hail
Tornado
Winter Weather
Tsunami

FEMA Declared Disasters in Allegan 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 $18,456$221,472
Home Insurance *$1,051$12,612
Property Taxes $4,473$53,676
Electricity $641$7,695
Total$24,621$295,452
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$844,148/yr
40% on housing$738,630/yr
45% on housing$656,560/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: 18.9%
18.9%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$621This listing

vs Other Active Listings

Avg $/sqft

ZIP 49316$208
Allegan County$257

vs Homes Sold Last Month

Median $/sqft

ZIP 49316$225
Allegan County$217

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
2026-08-05Price change$3,495,000
2026-06-29Listed for sale$3,650,000
2026-06-29Listing removed$3,999,900
2026-05-28Listed for sale$3,999,900

For Sale by Agent

AgentLori A Grysen
BrokerageFive Star Real Estate (Grandv)

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