195 Homan Lake Road Iron River, MI $ 1,950,000
195 Homan Lake Road
$ 1,950,000
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195 Homan Lake Road

Iron River, MI, 49935
$ 1,950,000
Bedrooms5 Baths3.1 Sq 4,031

Monthly Estimate*

$ 12,165

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Single Family Home for sale in Iron River, MI

for $1,950,000 with 5 bedrooms and 3 full baths, 1 half bath. This 4,031 square foot home was built in 2013 on a lot size of 10.29.

Move-in ready and waiting for you, this executive home on 10 acres is situated on the private, serene Homan Lake in Iron County, Michigan. The moment you arrive, you’ll never want to leave. The property is beautifully landscaped, with recently epoxied garage floors and freshly stained buildings. Step inside to discover engineered elm floors with in-floor heating, extending even to the attached garage. The open-concept layout features a chef’s kitchen with soapstone countertops, Alder wood cabinets, and vaulted ceilings that flood the space with natural light. Entertain guests in the dining area, complete with a freestanding Woodstock Soapstone fireplace, or relax in the all-season sunroom, which boasts a built-in grill, hood, and stunning lake views. The living room offers another cozy retreat with a handpicked Montana stone fireplace. The main home includes four bedrooms and 2.5 baths, with a master bath shared by two bedrooms, featuring a tiled steam shower, soaking tub, and double sinks. Upstairs, includes 2 more bedrooms and a bath with a balcony with views of the outdoors and lake. Main-floor living is made easy with a laundry room attached to the garage and plenty of storage throughout the property Additional living quarters above the attached garage provide a bedroom, bath for overflow of guests. The 1590+ sq ft guest house adds even more versatility with one bedroom, one bath, a sauna, kitchen, living area, and a family entertaining space. Outside, a retractable electric/remote awning provides shade on hot days, while wood soffits and gutters add to the home’s charm. The extra detached garage includes upstairs storage accessible by stairs. The waterfront features a beautiful landscaped firepit area and a 72-foot aluminum dock, making it easy to enjoy the tranquil beauty of Homan Lake, which has a max depth of 37 feet. This private lake setting offers the peacefulness of the Northwoods while still being close to other rivers, lakes, and streams. Most furnishings and all appliances in both the main house and guest house are included, and both homes are equipped with security systems for added peace of mind. Located on a private road, this property is a true retreat, ready for you to move in and enjoy.

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Single Family Active

Price

$ 1,950,000

Bedrooms

5

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 10,930

Style

Conventional Frame,Log Home

Lot Size

10.29

Year Built

2013

Town/City

Iron River

County/Region

Iron

MLS | Web ID

50154234

Features
Interior
Interior Amenities 9 ft + Ceilings Cathedral/Vaulted Ceiling Ceramic Floors Furnished Hardwood Floors Interior Balcony Spa/Jetted Tub Security System Walk-In Closet Spa/Sauna
Dining Room Level Main
Basement None (Basement)
Bedroom 3 Level Second
Bedroom 1 Level Main
Bedroom 2 Level Main
Beds 5
Fireplace? Yes
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General
Heating Forced Air Radiant Radiant Floor
Kitchen Level Main
Cooling None
Possession Negotiable (Possession)
Fireplaces Free Standing Fireplace Gas Fireplace LivRoom Fireplace Wood Burning
Garage Attached Garage Detached Garage Electric in Garage Gar Door Opener Heated Garage
Zoning Residential Residential
Water Private Well
Appliances Dishwasher Disposal Dryer Microwave Range/Oven Refrigerator Washer
Status Active Active
Full Baths 3
Half Baths 1
Bathrooms 4
Year Built 2013
Parking Garage
Subdivision . MI
Water Heater Propane Hot Water
Style Conventional Frame Log Home
County Iron
Class RESIDENTIAL
Type Single Family
Ownership Private
Municipality Iron River Twp
New Construction Y/N No
Electric 200+ Amp Service
Sale/Rent For Sale
Status Detail 0
Utilities Cable Not Available Electricity Connected Natural Gas Not Available Phone Available Phone Connected
Green Features Appliances HVAC Lighting Windows
Structure Style 2 Story
Area Iron River Twp (36009)
Primary City Iron River
Directions From Iron River W on US2 to left on Smoky Lake Rd turn right on Homan Lake Rd to property on the left - there are two black gates at the driveway. NO SIGNS
City Iron River
School District West Iron County School District
Financial Terms Cash Conventional FHA
Legal Description 823-170 676-22 633-422 565-346 564-218 440-34 423-326 417-52 LOT 20 HOMAN LAKE SEC 17 T43N R36W
DOM 461
Postal Code 49935
Price Per Sq Ft Total AG 483.75
Public Remarks Move-in ready and waiting for you this executive home on 10 acres is situated on the private serene Homan Lake in Iron County Michigan. The moment you arrive
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Exterior
Exterior Log Wood
Exterior Amenities Deck Patio Sidewalks
Frontage 739
Body of Water Homan Lake
Lot Size Area 10.29
Pool (Y/N) No
Lot Dimensions 739 xirreg
OUT BUILDINGS Guest House Second Garage
Water Features Dock/Pier Facility Interior Lake Lake Frontage Water View Waterfront No Wake Lake
Roads City/County Country Gravel Private Road Year Round Private no association
Waterfront Y/N Yes
Frontage Type Water
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* Excluded Features
List By
NICOLE HEBERT

Listing Agent

Keller Williams Classic Realty Nw

Broker

nikkih@kw.com

Email

Affordability Calculator

$13,076
Per Month
93%
7%
0%
Monthly Principal & Interest
$12,165
Monthly Property Taxes
$911
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3701578 Elementary School
3701583 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/21/2025$1,875,000 -14.58% Price Down
9/4/2024$2,195,000 Listed Price

Map


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195 Homan Lake Road, Iron River, MI, 49935 is a Single Family Home for sale at $1,950,000 with 4,031 sqft and a lot size of 10.29. 195 Homan Lake Road has 5 bedrooms, 3.1 baths, and was built in 2013. The property's zip code is 49935 which is in Iron River, MI