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Sold for $3,000,000
  • $3,000,000

    106 Oak St, Elk Rapids, MI 49629

    6beds
    5,259sqft
    Single Family Residence
    Built in 1900
    0.68 Acres Lot
    $3,138,900 Zestimate®
    $570/sqft
    $4,544 Estimated rent

    Home value

    $3,138,900

    Estimated sales range

    Not available

    $4,544/mo

    Zestimate® history
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    What's special

    Private dockKirkstone countertopsPrivate mother-in-law apartmentScreened-in gazeboStone fire pitsLush gardensPrivate point
    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 chef’s 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Drew Reynolds Cell:571-331-2084,

    Century 21 Northland-Elk Rapids 231-264-4500

    Bought with:

    Non Member Office

    All Non Member Activity

    Source: NGLRMLS,MLS#: 1930891MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 7
    • Full bathrooms: 6
    • 1/2 bathrooms: 2
    • Main level bathrooms: 4
    Rooms
    • Room types: Dining Room, Great Room
    Primary bedroom
    • Level: Upper
    • Dimensions: 26.42 x 25.83
    Bedroom 2
    • Level: Upper
    • Area: 262
    • Dimensions: 12 x 21.83
    Bedroom 3
    • Level: Upper
    • Dimensions: 18.33 x 11.25
    Bedroom 4
    • Level: Upper
    • Dimensions: 12.67 x 13.5
    Primary bathroom
    • Features: Private
    Dining room
    • Level: Main
    • Dimensions: 13.25 x 21.33
    Family room
    • Level: Main
    • Dimensions: 17 x 13.25
    Kitchen
    • Level: Main
    • Dimensions: 12.42 x 25.17
    Living room
    • Level: Main
    • Dimensions: 20.5 x 34.42
    Heating
    • Forced Air, Hot Water, Heat Pump, Radiant Floor, Natural Gas, Fireplace(s)
    Cooling
    • Central Air, Zoned, Electric
    Appliances
    • Included: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Freezer, Oven, Cooktop, Exhaust Fan, Electric Water Heater, Gas Water Heater, Humidifier
    • Laundry: Upper Level
    Features
    • Bookcases, Entrance Foyer, Walk-In Closet(s), Pantry, Granite Counters, Solid Surface Counters, Kitchen Island, Mud Room, Den/Study, Beamed Ceilings, Drywall, Ceiling Fan(s), Cable TV, High Speed Internet, WiFi, In-Law Floorplan
    • Flooring: Wood, Carpet
    • Windows: Bay Window(s), Blinds, Curtain Rods
    • Basement: Crawl Space
    • Has fireplace: Yes
    • Fireplace features: Insert, Wood Burning
    Interior area
    • Total structure area: 5,259
    • Total interior livable area: 5,259 sqft
    • Finished area above ground: 5,259
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage Door Opener, Heated Garage, Concrete Floors, Concrete, Private
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: Main Floor Access
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Patio, Covered, Porch
    • Exterior features: Sprinkler System, Balcony, Garden, Rain Gutters, Dock
    • Fencing: Fenced
    • Has view: Yes
    • View description: Bay
    • Has water view: Yes
    • Water view: Bay
    • Waterfront features: Great Lake
    • Body of water: Lake Michigan
    • Frontage type: Waterfront
    • Frontage length: 350
    Lot
    • Size: 0.68 Acres
    • Dimensions: 346' x 255' x 237'
    • Features: Corner Lot, Level, Landscaped, Metes and Bounds
    Details
    • Additional structures: Shed(s), Guest House
    • Parcel number: 054302000400
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Craftsman
    • Property subtype: Single Family Residence
    Materials
    • Frame, Wood Siding, Shingle Siding, Other
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1900
    • Major remodel year: 1995

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: None
    • Security: Security System, Smoke Detector(s)
    • Subdivision: N/A
    HOA
    • Services included: None
    Location
    • Region: Elk Rapids

    Financial & listing details

    • Price per square foot: $570/sqft
    • Tax assessed value: $487,482
    • Annual tax amount: $24,765
    • Price range: $3M - $3M
    • Date on market: 2/17/2025
    • Cumulative days on market: 333 days
    • Listing agreement: Exclusive Right Sell
    • Listing terms: Conventional,Cash
    • Ownership type: Private Owner
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    1/16/2026Sold$3,000,000-9.1%$570/sqft
    Source: NGLRMLS #1930891 Report a problem
    11/25/2025Price change$3,300,000-12%$627/sqft
    Source: NGLRMLS #1930891 Report a problem
    9/29/2025Price change$3,750,000-10.7%$713/sqft
    Source: NGLRMLS #1930891 Report a problem
    2/17/2025Listed for sale$4,199,000$798/sqft
    Source: NGLRMLS #1930891 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$24,765 +5.4%$1,146,700 +15.9%
    2024$23,494 +5.8%$989,400 +17.6%
    2023$22,217 $841,300 +34.5%
    2022-- $625,400 +3.6%
    2021-- $603,700 +3.2%
    2020-- $584,800 +14.7%
    2017$11,890 $509,800 +5.2%
    2016-- $484,500 +0.1%
    2015-- $484,000 +0.7%
    2014-- $480,800 +2.9%
    2013-- $467,100 +1%
    2011-- $462,300 -5.9%
    2010-- $491,400
    Find assessor info on the county website

    Neighborhood: 49629

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Elk Rapids Schools

    Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Sell for more on Zillow
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    $3,138,900
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    $3,201,678