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4845 Lake Pleasant Rd, North Branch, MI, 48461

2beds
1baths
1,056sqft
$480,000
$455price/sqft
$3,270/moest. monthly cost
$130,800/yrincome needed

About This Home

Strategic 18.15-Acre Multi-Parcel Estate: Residential & Agricultural Opportunity Explore the vast potential of this dual-parcel property in North Branch. With over 648 feet of paved road frontage, this site offers high visibility for commercial ventures and extensive acreage for agricultural production. The Parcels: Residential Parcel (0.92 Acres): Features a 1,056 sq. ft. mobile home built in 1975 with 3 bedrooms and 1 bathroom. Ideal for an owner-operator or on-site management. Agricultural Parcel (17.23 Acres): A sprawling production landscape designed for high-yield operations. Property Infrastructure & Features: Established Production Site: Includes 5 gutter greenhouses and 6 hoop houses. Functional Buildings: Equipped with a large pole barn, a detached garage, and an on-site office/trailer unit. Water Resources: Includes a private pond and approximately 17 acres of irrigated fields, perfect for nurseries, specialty crops, or sustainable farming. Strategic Investment: Zoned residential with significant agricultural and commercial potential. Note: The property is being sold as-is for the land and standing structures. buyer and buyer agent to Verify property records. *Seller is a Licensed Real Estate Agent in the State of Michigan.

Getting Around

9
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

8/10
5/10
Ruth Fox Middle SchoolGrades 5-83.6 mi
7/10
North Branch High SchoolGrades 9-123.5 mi

Construction

Condition

  • Year built: 1975

Materials

  • Foundation: Slab
  • Construction materials: Metal Siding

Type & Style

  • Home type: MobileManufactured
  • Property subType: Farm,Manufactured Home

Interior

Bathroom1

  • Level: First

Bedroom1

  • Level: First

Bedroom2

  • Level: First
  • Area: 0

Bedrooms & Bathrooms

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

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,056

Heating

  • Heating features: Forced Air,Radiator,Zoned,Natural Gas

Interior Area

  • Total structure area: 1,056
  • Total interior livable area: 1,056 sqft

Property

Details

  • Parcel number: 01602800610 / 0160280090
  • Zoning: Premier 18.15-Acre Multi-Parcel Estate: 0.92 ac Residential & 17.23 ac Agricultural
  • Special condition: Private

Features

  • Levels: One
  • Stories: 1
  • Frontage type: Road
  • Frontage length: 648

Lot

  • Lot size: 18.15 Acres
  • Lot size dimensions: 790614

Parking

  • Total spaces: 2
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
  • Strong Wind
    Strong WindRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Inland Flooding
Lightning
Tornado

FEMA Declared Disasters in Lapeer 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 $2,427$29,124
Home Insurance *$331$3,972
Property Taxes $324$3,888
Electricity $188$2,259
Total$3,270$39,240
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$112,114/yr
40% on housing$98,100/yr
45% on housing$87,200/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: 7.5%
7.5%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: -2.2%
-2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$455This listing

vs Other Active Listings

Avg $/sqft

ZIP 48461$137
Lapeer County$219

vs Homes Sold Last Month

Median $/sqft

ZIP 48461$141
Lapeer County$193

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$480,000
2026-08-01Listing removed$490,000
2026-07-30Price change$490,000
2026-03-23Price change$495,000
2026-01-29Listed for sale$498,000
2021-01-27Sold$325,000
2020-01-27Listing removed$358,000
2019-01-26Price change$358,000
2018-08-21Listed for sale$369,000

For Sale by Agent

AgentAndy Karana
BrokerageCommunity Choice Realty Inc.

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