106 Oak
Elk Rapids, MI, 49629 $ 3,300,000
Bedrooms6 Baths6.2 Sq 5,259 Monthly Estimate*
$ 20,588
for $3,300,000 with 6 bedrooms and 6 full baths, 2 half baths. This 5,259 square foot home was built in 1900 on a lot size of 0.68.
Indulge in the pinnacle of waterfront living with this exquisite Lake Michigan estate, boasting over 350 feet of pristine shoreline and breathtaking sunset views. Perfectly positioned on a private point, just four blocks from charming downtown Elk Rapids. This magnificent 5-bedroom, 6.5-bathroom home is a masterclass in timeless elegance and modern luxury. The opulent primary suite features a private balcony with sweeping lake views, while all en-suite bedrooms offer heated flooring for ultimate comfort. Multiple living spaces cater to both relaxation and grand entertaining. At the heart of the home lies a chefâs dream kitchen, outfitted with a Viking gas range, brand-new Sub-Zero refrigerator, Kirkstone countertops, and custom cherry cabinetry. Additional highlights include a stately library, and a private mother-in-law apartment with an en-suite bedroom, office, and kitchenette. Step outside to discover a lakeside paradise. A private dock and stone launch ramp provide seamless access to the water, while an expansive deck, screened-in gazebo, and stone fire pits set the stage for unforgettable outdoor moments. Stroll along professionally landscaped stone pathways that wind through lush gardens and multiple patio spaces. The oversized two-car garage adds convenience, while the extensive outdoor spaces cater to recreation and relaxation alike. Meticulously maintained and thoughtfully upgraded, this estate has served as both a cherished family home and a popular Bed & Breakfast. Recent enhancements include a new roof, furnace, central A/C, Sub-Zero refrigerator, exterior staining, and expanded deck and patio areas. Offering privacy, panoramic views, and an array of luxurious amenities, this one-of-a-kind property is perfect as a year-round residence, an exclusive lakeside getaway, or a turnkey investment opportunity. Seller is open to working with any buyer interested in continuing the Bed & Breakfast operation.
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Single Family Active2 Story,In-Law Suite or Apartment,Craftsman
FeaturesInteriorInterior Amenities Built-In Bookcase Bay Window(s) Foyer Entrance Walk-In Closet(s) Pantry Granite Kitchen Tops Solid Surface Counters Island Kitchen Mud Room Formal Dining Room Great Room Den/Study Beamed Ceilings Dry
Basement Crawl Space
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GeneralRoof Asphalt
Zoning Residential
Sewer Municipal
Construction Frame
HOA Fee Includes None
School District Elk Rapids Schools
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ExteriorBody of Water Lake Michigan
Waterfront 350
Garage Capacity 2
Water Features Priv Frontage (Wtr Side) Private Dock Great Lake
Land Features Corner Lot Level
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* Excluded FeaturesList ByCentury 21 Northland-Elk RapidsBroker
Affordability Calculator
- Monthly Principal & Interest
- $20,588
- Monthly Property Taxes
- --
- 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.
Learn more about how to save NearbySingle family listings in Elk Rapids, MI
Average List Price $897,843
Percent of Sale Price 73%
About Elk Rapids, MI 1,610 Population
-4% Since 2002
$ 59,909 Median Income
53.35 Median Age
17% Households with Children
Trends Information provided by ATTOM Data Solutions.
2034079 Elementary School
2034321 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/25/2025 | $3,300,000 | -12.00% | Price Down |
| 9/29/2025 | $3,750,000 | -10.69% | Price Down |
| 2/17/2025 | $4,199,000 | | Listed Price |