Active

Price cut: $34.9K (10/1)

$665,000

12632 Blue Lagoon Rd, Shelbyville, MI 49344

4beds

1,808sqft

$4,719/mo

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Single Family Residence

Built in 1976

0.44 Acres Lot

$637,900 Zestimate^®

$368/sqft

$44/mo HOA

What's special

Additional parkingPermanent dockUpdated she-shedGenerator hookupDirect private water access

Welcome to Gun Lake waterfront living at 12632 Blue Lagoon! Now offered at an improved price, this 4-bedroom, 2-bath home features 113' of Gun Lake frontage, direct private water access, approx. 12' swimming depth, permanent dock and easy access to the open lake. Situated across 3 lots with 3 outbuildings, including a detached 2-stall garage with updated she-shed, plus additional parking and generator hookup. NOT located in a FEMA-designated Special Flood Hazard Area. Ask about special financing opportunities through a preferred lending partner, including potential reduced-rate options and seller concessions, subject to qualification. Minutes from Bay Pointe Inn, Sand Bar & Grille, Judd's and more. Your Gun Lake lifestyle awaits!

45 days
725
24

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 4

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer, Water Softener Owned
Laundry: Common Area, Main Level, Sink

Features

Center Island
Basement: Crawl Space
Number of fireplaces: 1

Interior area

Total structure area: 1,808
Total interior livable area: 1,808 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: Garage Door Opener, Detached
Garage spaces: 2

Features

Stories: 1
Exterior features: Other
On waterfront: Yes
Waterfront features: Channel, Lake
Body of water: Gun Lake

Lot

Size: 0.44 Acres

Details

Additional structures: Gazebo, Shed(s)
Parcel number: 1109509900

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Vinyl Siding
Roof: Composition

Condition

New construction: No
Year built: 1976

Utilities & green energy

Sewer: Public Sewer
Water: Well
Utilities for property: Natural Gas Connected

Community & HOA

HOA

Has HOA: Yes
Amenities included: Other
Services included: Other, Snow Removal
HOA fee: $525 annually

Location

Region: Shelbyville

Financial & listing details

Price per square foot: $368/sqft
Tax assessed value: $155,827
Annual tax amount: $3,689
Date on market: 8/19/2026
Listing terms: Cash,FHA,VA Loan,MSHDA,Conventional

Estimated market value

$637,900

$606,000 - $670,000

$2,084/mo

Price history

Date	Event	Price
10/1/2026	Price change	$665,000-5%$368/sqft
Source: MichRIC #26043689 Report a problem
8/31/2026	Price change	$699,900-2.8%$387/sqft
Source: MichRIC #26043689 Report a problem
8/19/2026	Listed for sale	$719,900+220%$398/sqft
Source: MichRIC #26043689 Report a problem
7/18/2013	Sold	$225,000-16.7%$124/sqft
Source: MichRIC #12053831 Report a problem
3/23/2012	Listed for sale	$270,000$149/sqft
Source: MILLER REAL ESTATE #12014933 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$301,400 +7.4%
2024	--	$280,600 +20.3%
2023	--	$233,200 +23.5%
2022	--	$188,900 +13.7%
2021	--	$166,100
2020	--	$166,100 +9.4%
2019	$5,047	$151,800 +5.6%
2018	$5,047	$143,700
2017	--	$143,700 +21.6%
2016	--	$118,200 -0.3%
2015	--	$118,600
2014	--	$118,600 +3.9%
2012	--	$114,200 -0.7%
2011	--	$115,000 -3.7%
2010	--	$119,400 -7.9%
2009	--	$129,600 -7.8%
2008	--	$140,600 +1.2%
2007	--	$139,000 +3.8%
2006	--	$133,900 -2%
2005	--	$136,700
2004	--	$136,700 +26.3%
2003	--	$108,200