1486 S Lakeshore Drive Lake City, MI $ 2,650,000
1486 S Lakeshore Drive
$ 2,650,000
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1486 S Lakeshore Drive

Lake City, MI, 49651
$ 2,650,000
Bedrooms3 Baths2.0 Sq 1,800

Monthly Estimate*

$ 18,303

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Single Family Home for sale in Lake City, MI

for $2,650,000 with 3 bedrooms and 2 full baths. This 1,800 square foot home was built in 1974 on a lot size of 2.11.

Located on Lake Missaukee’s “Gold Coast,” known for spectacular sunsets and sandy shoreline, this rare 2.11-acre lakefront property boasts 151 feet of sandy shoreline and lake frontage. The large, private, level parcel features a deep sandy beach, sandy bottom lake, mature maple trees, towering CCC pines, established landscaping, underground sprinklers, and a fenced perimeter. A short, level walk from the home leads directly to the beach. A hidden gem for sure. The brick home includes three bedrooms, two enclosed sunrooms, a beach room, large living room, two bathrooms, a natural gas fireplace, and air conditioning. An attached one-stall garage plus two exterior garages-including a heated 24x24 brick garage and 24x36 garage-provide abundant space for vehicles, boats, lake gear, and storage. The combination of acreage, frontage, sandy beach, privacy, mature trees, spectacular sunsets, and level shoreline is hard to find on Lake Missaukee. Enjoy peaceful lakefront living with easy access to Cadillac and Traverse City, along with restaurants, shopping, golf, wineries, breweries, and Northern Michigan recreation. Mackinaw City, Mackinac Island, and the Upper Peninsula are also within convenient reach. This property truly checks the boxes for those seeking a premium Northern Michigan lakefront property, with room to enjoy the lakefront lifestyle today and flexibility for future use. A rare opportunity to own a truly exceptional piece of Lake Missaukee waterfront.

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Single Family Active

Price

$ 2,650,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 14,441

Style

Ranch

Lot Size

2.11

Year Built

1974

Town/City

Lake City

County/Region

Missaukee

MLS | Web ID

20261080531

Features
Interior
Interior Amenities EntranceFoyer
Fireplace Features Gas LivingRoom
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 1800.0
Half Baths 0
Total Bedrooms 3
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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General
Sewer PublicSewer
Heating Baseboard ForcedAir NaturalGas
Cooling CentralAir
Possession Negotiable
Appliances Dishwasher Disposal Dryer ElectricCooktop FreeStandingElectricOven FreeStandingRefrigerator Microwave RangeHood SelfCleaningOven Washer
Garage Spaces 6.0
Architectural Style Ranch
Pool Features None
Construction Materials Brick
Pets Allowed No
Year Built 1974
Levels One
Property Subtype SingleFamilyResidence
County Missaukee
New Construction N
Property Type Residential
HOA N
Attached Garage Y
Subdivision Name SOUTH SHORE - LAKE CITY
Garage Y/N Y
Total Rooms 9
Full Baths 2
Status Active
Directions From W Houghton Lake Rd drive south on Main/M66/M55. The property is located on the right.
City LakeCityCity_Missaukee
Disclosures NoRestrictions TaxesNotHomesteadExempt
Entry Location GroundLevelwSteps
Senior Community Y/N N
High School District LakeCity
MLS Area Area57081LakeTwp
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 14441.14
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 270384
Expected Active Date 2026-10-05
Legal Description LOT 13 EXC BEG AT SW COR LOT 13 N 55 DEG 22'26 E 71.68 FT S 64 DEG 38'18 E 259.21 FT S 67 DEG 53'17 E 310.05 FT S 22 DEG 37' W 65.01 FT N 66 DEG 00'04 W 608.32 FT TO POB. SOUTH SHORE PLAT.
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Exterior
Exterior Amenities Barbecue
Parking Features SixorMoreCarGarage Attached ElectricityinGarage HeatedGarage GarageDoorOpener ParkingPad WorkshopInGarage
Lot Features Level WaterView Wooded
Water Source Public
Foundation Details CrawlSpace
Spa N
Lot Dimensions 151 x 608.32
Lot Size Acres 2.11
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1486
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* Excluded Features
List By
Steve Koleno

Listing Agent

Beycome Brokerage Realty Llc

Broker

(804) 656-5007

Phone

Affordability Calculator

$19,506
Per Month
94%
6%
0%
Monthly Principal & Interest
$18,303
Monthly Property Taxes
$1,203
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4909407 Elementary School
4909402 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/5/2026$2,650,000 Listed Price

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1486 S Lakeshore Drive, Lake City, MI, 49651 is a Single Family Home for sale at $2,650,000 with 1,800 sqft and a lot size of 2.11. 1486 S Lakeshore Drive has 3 bedrooms, 2.0 baths, and was built in 1974. The property's zip code is 49651 which is in Lake City, MI