3520 W Lake Drive
Sears, MI, 49679 $ 439,730
Bedrooms3 Baths3.0 Sq 2,565 Monthly Estimate*
$ 2,777
for $439,730 with 3 bedrooms and 3 full baths. This 2,565 square foot home was built in 2000 on a lot size of 0.48.
Experience refined waterfront living on the peaceful shores of Lake Malloy, where thoughtful design, modern efficiency, and breathtaking views come together in perfect harmony. Completely remodeled from top to bottom, this exceptional walkout ranch offers over 130 feet of pristine frontage and a rare gently sloping yard that leads seamlessly to the water's edge. Every inch of this home has been thoughtfully reimagined, creating a truly move-in-ready experience. The stunning new kitchen features quartz countertops, stainless steel appliances, custom cabinetry, and a bright open layout that flows effortlessly into the living area. Skylights fill the home with natural light, while a cozy fireplace creates the perfect gathering space for family and friends. The main-floor primary suite offers a private retreat complete with a beautifully updated bath and walk-in shower. New flooring, fixtures, paint, bathrooms, and finishes throughout reflect a level of care and design that is immediately apparent upon entering. Beyond its beauty, this home delivers something increasingly difficult to find--exceptional energy efficiency and remarkably affordable ownership costs. With a new HVAC system, central air, updated mechanicals, reverse osmosis system, newer well, and extensive improvements throughout, utility expenses average less than $200 per month, allowing you to enjoy lakefront living without the burden of excessive operating costs. The walkout lower level is designed for entertaining and relaxation, featuring recessed lighting, a custom-built bar, and direct access to extensive decking and patio spaces overlooking the lake. Whether hosting summer gatherings, enjoying morning coffee, or taking in spectacular sunsets, every space has been designed to embrace the waterfront lifestyle. Outside, the expansive yard offers a rare combination of usable lakefront space and easy water access. Known for its excellent fishing, peaceful atmosphere, and ideal pontoon boating, Lake Malloy remains one of Northern Michigan's hidden treasures. For buyers seeking a fully updated ranch home, low-maintenance ownership, outstanding energy efficiency, and an exceptional lakefront setting, this property represents a rare opportunity to have it all. Completely remodeled. Energy efficient. Move-in ready. Lakefront living redefined.
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FeaturesGeneralSewer Septic Tank
Heating Forced Air
Cooling Central Air
Possession Close Plus 30 Days
Roof Composition
HOA Fee 250.0
Garage Spaces 2.0
Association Fee Includes Other
Architectural Style Ranch
Construction Materials Vinyl Siding
Exclusions Direct TV does not stay with property
Year Built 2000
Stories Count 1
Township Orient Twp
Property Subtype Single Family Residence
Tax Year 2026
Waterfront Features Lake
Assoc Fee Paid Per Annually
County Osceola
New Construction N
Property Type Residential
HOA Y
Attached Garage Y
Garage Y/N Y
Total Rooms 7
Full Baths 3
Status Active
Directions From Reed City east on US-10 south on 50th Ave east on 3 Mile Rd north on 40th Ave east on W Gate Dr north on W Lake Dr
City Sears
Body of Water Lake Maloy
High School District Evart
Lot Size Units Acres
Lot Size Square Feet 20909.0
Carport Y/N N
Listing Terms Cash FHA VA Loan MSHDA Conventional
Land Lease Y/N N
Tax Annual Amount 3098.23
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 104477
Legal Description See Agent Remarks
Senior Community None
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InteriorBasement Daylight Full Walk-Out Access
Total Fireplaces 1
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 0
Laundry Features Laundry Room Main Level
Total Bedrooms 3
Below Grade Finished Area 1080.0
Main Level Bedrooms 2
Total Baths 3
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ExteriorParking Features Attached
Lot Features Recreational
Water Source Well
Lot Size Area 0.48
Spa N
Building Area Total 1283.0
Lot Dimensions Irregular
Lot Size Acres 0.48
Waterfront Y/N Y
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
Dock True
Private Frontage True
View True
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* Excluded FeaturesList ByResults Real Estate LlcBroker
triciawirthrealtor@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,777
- Monthly Property Taxes
- $258
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 Sears, MI
Average List Price $572,359
Percent of Sale Price 30%
About Sears, MI 1,355 Population
1% Since 2002
$ 39,289 Median Income
45.02 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
250589 Elementary School
249301 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/29/2026 | $239,730 | | Listed Price |