Possibly a once in a lifetime opportunity to own this mid-century mod cottage located in the coveted Rex Terrace Association on Elk Lake. The rich history of this land began in the early 1900s and has been enjoyed by families for multiple generations. This was originally built as a a year-round caretakes home and continues to be one of very few that are used year round. This home sits perched on a hilltop, across from the shared recreational area and overlooking the courts; a space which can NEVER be built on, which means your panoramic view of Elk Lake can never be developed. The home has a modern, open feeling with beamed ceilings and stone fireplace. Brand new roof, Pella Windows and Sliders have been installed, as well as the exterior of the home has new stain and trim. There's a drive-under attached 2-car garage and a 28x48 pole building with 220amp service. The ammennities the Association offers to all of its owners and guests include 1800 ft of shared, private Elk Lake frontage, boat docking, club house, sun deck, tennis and pickleball court, laundry and play house. Plus there are trails throughout for a leisurely stroll. This home has never been on the open market and it is RARE that any homes ever are. Rex Terrace is a timeless Northern Michigan gem, that you have an opportunity to continue to cherish and enjoy for years and generations to come.
Sold for $800,000
$800,000
13628 Rex Terrace Rd, Rapid City, MI 49676
4beds
2,837sqft
Single Family Residence
Built in 1962
0.66 Acres Lot
$985,800 Zestimate®
$282/sqft
$2,829 Estimated rent
Home value
$985,800
$887,000 - $1.12M
$2,829/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Kellie Sergent Cell:231-499-1814,
Century 21 Northland-Elk Rapids 231-264-4500
Bought with:
Linda Schaub, 6501290614
REO-TCRandolph-233022
Source: NGLRMLS,MLS#: 1923903
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Great Room
Primary bedroom
- Level: Main
- Area: 286
- Dimensions: 22 x 13
Bedroom 2
- Level: Upper
- Area: 154
- Dimensions: 11 x 14
Bedroom 3
- Level: Upper
- Area: 224
- Dimensions: 16 x 14
Bedroom 4
- Level: Upper
- Area: 154
- Dimensions: 11 x 14
Primary bathroom
- Features: Private
Dining room
- Level: Main
- Area: 230
- Dimensions: 10 x 23
Kitchen
- Level: Main
- Area: 306
- Dimensions: 17 x 18
Living room
- Level: Main
- Area: 440
- Dimensions: 20 x 22
Heating
- Hot Water, Oil, Fireplace(s)
Cooling
- Zoned
Appliances
- Included: Refrigerator, Oven/Range, Dishwasher, Water Softener Owned, Washer, Dryer, Oven, Cooktop, Exhaust Fan
- Laundry: Lower Level
Features
- Cathedral Ceiling(s), Bookcases, Kitchen Island, Mud Room, Den/Study, Beamed Ceilings, Ceiling Fan(s)
- Flooring: Laminate, Carpet
- Windows: Bay Window(s), Blinds
- Basement: Full,Crawl Space,Daylight,Exterior Entry,Unfinished
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,837
- Total interior livable area: 2,837 sqft
- Finished area above ground: 2,837
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Drive Under/Built-In, Paved, Concrete Floors, Asphalt
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Approach with Ramp, Grip-Accessible Features
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Tennis Court(s), Garden, Rain Gutters
- Has view: Yes
- View description: Countryside View, Seasonal View, Water
- Water view: Water
- Waterfront features: All Sports, Lake
- Body of water: Elk Lake
- Frontage length: 1800
Lot
- Size: 0.66 Acres
- Dimensions: 158 x 181
- Features: Cleared, Wooded, Level, Rolling Slope, Landscaped
Details
- Additional structures: Pole Building(s)
- Parcel number: 051273000700
- Zoning description: Residential,Deed Restrictions,Building-Use Restrictions
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage,Raised Ranch
- Property subtype: Single Family Residence
Materials
- Frame, Stone, Rough-Sawn
- Roof: Membrane
Condition
- New construction: No
- Year built: 1962
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Community & HOA
Community
- Features: Community Dock, Clubhouse, Tennis Court(s), Lake Privileges, Park, Pets Allowed, Common Area, Trails
- Security: Smoke Detector(s)
- Subdivision: Rex Terrace
HOA
- Services included: Trash, Maintenance Grounds
- HOA fee: $1,000 annually
Location
- Region: Rapid City
Financial & listing details
- Price per square foot: $282/sqft
- Tax assessed value: $796,200
- Annual tax amount: $4,703
- Price range: $800K - $800K
- Date on market: 6/24/2024
- Cumulative days on market: 53 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
Price history
| Date | Event | Price |
|---|---|---|
| 8/16/2024 | Sold | $800,000-3%$282/sqft |
Source:  NGLRMLS #1923903 Report a problem | ||
| 7/29/2024 | Pending sale | $825,000$291/sqft |
Source: NGLRMLS #1923903 Report a problem | ||
| 7/11/2024 | Price change | $825,000-5.7%$291/sqft |
Source: NGLRMLS #1923903 Report a problem | ||
| 6/24/2024 | Listed for sale | $875,000$308/sqft |
Source: NGLRMLS #1923903 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,703 +6.1% | $398,100 +0.1% |
| 2024 | $4,432 +6.8% | $397,700 +26.1% |
| 2023 | $4,148 | $315,300 +27.3% |
| 2022 | -- | $247,700 +5.5% |
| 2021 | -- | $234,800 +1.6% |
| 2020 | -- | $231,000 +18.2% |
| 2017 | $3,909 | $195,400 -0.5% |
| 2016 | -- | $196,400 -0.8% |
| 2015 | -- | $198,000 +9.9% |
| 2014 | -- | $180,200 +10.3% |
| 2013 | -- | $163,400 +1.4% |
| 2011 | -- | $161,200 -1.8% |
| 2010 | -- | $164,150 |
Find assessor info on the county website
Neighborhood: 49676
Nearby homes
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Nearby schools
GreatSchools rating
- 8/10Lakeland Elementary SchoolGrades: PK-5Distance: 3.3 mi
- 8/10Cherryland Middle SchoolGrades: 6-8Distance: 3.1 mi
- 10/10Elk Rapids High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Lakeland Elementary School
- Middle: Cherryland Middle School
- High: Elk Rapids High School
- 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.
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- Michigan
- Antrim County
- Rapid City
- 49676
- 13628 Rex Terrace Rd
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