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2671 N Peterson Dr, Sanford, MI, 48657

2beds
2baths
1,344sqft
$195,000
$145price/sqft
$1,499/moest. monthly cost
$59,960/yrincome needed

About This Home

Welcome to this well-maintained 1,344-square-foot ranch, located just across the street from the recently restored Sanford Lake that includes deeded lake access! Offering 2 spacious bedrooms and 2 full bathrooms, the home features generous closet space, abundant kitchen storage, and a comfortable, open layout. Major updates were completed in 2022, including new flooring, fresh paint, a new metal roof, furnace, central A/C, and water heater, making it truly move-in ready. Enjoy the peaceful backyard that borders state land. This home was originally a 3-bedroom home, with the existing header and electrical remaining in place, this would be an easy job to convert the home back to its original floor plan if desired. Any special assessment associated with the property should be verified with the Four Lakes Task Force. Come check it out today!

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

6/10
5/10

Construction

Condition

  • Year built: 1986

Materials

  • Construction materials: Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Range/Oven,Refrigerator,Washer,Gas Water Heater

Basement

  • Basement: Block,Crawl Space

Bathroom1

  • Level: Main

Bathroom2

  • Level: Main

Bedroom1

  • Level: Main
  • Area: 182

Bedroom2

  • Level: Main
  • Area: 264

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Dining Room

  • Level: Main
  • Area: 117

Features

  • Number of fireplaces: 1
  • Fireplace features: Natural Fireplace
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,344

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,344
  • Total interior livable area: 1,344 sqft

Kitchen

  • Level: Main
  • Area: 169

Living Room

  • Level: Main
  • Area: 273

Property

Details

  • Parcel number: 08172150002000
  • Special condition: Private

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck,Porch
  • Waterfront features: All Sports Lake,Lake/River Access,Beach Access,Interior Lake
  • Waterbody name: Sanford Lake
  • Frontage type: Road
  • Frontage length: 120

Lot

  • Lot size: 0.33 Acres
  • Features: Large Lot - 65+ Ft.,Wooded,Subdivision
  • Lot size dimensions: 120 x 120

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
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Strong Wind
Winter Weather
Hail
Lightning
Tornado

FEMA Declared Disasters in Midland 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 $986$11,832
Home Insurance *$100$1,200
Property Taxes $225$2,700
Electricity $188$2,259
Total$1,499$17,988
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$51,394/yr
40% on housing$44,970/yr
45% on housing$39,973/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: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$145This listing

vs Other Active Listings

Avg $/sqft

ZIP 48657$136
Midland County$155

vs Homes Sold Last Month

Median $/sqft

ZIP 48657$166
Midland County$140

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
2026-08-07Listed for sale$195,000
2026-08-07Contingent$195,000
2026-07-31Listed for sale$195,000
2023-09-26Sold$166,000
2023-08-17Pending sale$160,000
2023-08-11Listed for sale$160,000
2022-10-28Sold$135,000
2022-09-09Contingent$130,000
2022-09-08Listed for sale$130,000
2019-04-02Sold$88,000
2019-02-15Pending sale$90,000
2019-01-29Listed for sale$90,000
2019-01-17Pending sale$90,000
2018-11-09Listed for sale$90,000
2018-11-08Pending sale$90,000
2018-10-09Price change$90,000
2018-09-06Price change$95,000
2018-08-06Listed for sale$100,000
2007-03-08Sold$76,000

For Sale by Agent

AgentZachary Schultz
BrokerageJPAR - Great Lakes Bay Region

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