Incredible Waterfront Opportunity on Paradise Lake - Two Cottages + 40 Acres!
Embrace lakeside living with this unique waterfront package on Paradise Lake! Featuring 50 feet of pristine frontage, this is the perfect UP NORTH location to call home. This rare offering includes a cozy 2-bedroom cottage and a spacious 3-bedroom cottage with full basement. The lake frontage is ideal for fishing, boating, and swimming. The 40 acres across the road provide possibilities for a pole barn, extra parking, hunting, or recreation. Includes your very own paved boat launch!
Close to Mackinaw City with easy access from I-75. Enjoy peaceful Paradise Lake while staying connected to northern Michigan attractions.
Both cottages need TLC and are sold AS IS condition, furnished less excluded items.
Contingent
$465,000
15785 Paradise Lake Rd, Carp Lake, MI 49718
5beds
1,487sqft
Single Family Residence
Built in ----
40 Acres Lot
$462,500 Zestimate®
$313/sqft
$-- HOA
What's special
Paved boat launch
- 20 days |
- 737 |
- 58 |
Zillow last checked:
Listing updated:
Listed by:
Craig R. Wilson 231.548.9336,
Coldwell Banker Fairbairn Realty 231-548-9336
Source: WWMLS,MLS#: 201841767
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, None, See Remarks
Appliances
- Included: Range/Oven, Refrigerator, Microwave, Dishwasher
- Laundry: None
Features
- Ceiling Fan(s)
- Windows: Blinds
- Basement: Full,Walk-Out Access
Interior area
- Total structure area: 1,487
- Total interior livable area: 1,487 sqft
- Finished area above ground: 1,487
Property
Features
- Patio & porch: Deck
- On waterfront: Yes
- Body of water: Paradise Lake
- Frontage type: All-Sport
Lot
- Size: 40 Acres
- Dimensions: Appro x 40. acres
Details
- Parcel number: 030P0100000600, 07100; 0300110001000
- Zoning: Lk & Str, Ag
- Special conditions: Trust
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Foundation: Basement, Slab
Condition
- Fixer
Utilities & green energy
- Sewer: Septic Tank
Community & HOA
Community
- Subdivision: T38N,R3W
Location
- Region: Carp Lake
Financial & listing details
- Price per square foot: $313/sqft
- Tax assessed value: $177,000
- Annual tax amount: $1,472
- Date on market: 7/29/2026
- Listing terms: Cash,Conventional Mortgage
- Road surface type: Dirt, Maintained
Estimated market value
Zestimate®
$462,500
Estimated sales range
$439,000 - $486,000
Rent Zestimate®
$2,094/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Contingent | $465,000$313/sqft |
Source: | ||
| 7/29/2026 | Listed for sale | $465,000$313/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,472 +10.3% | $88,500 +1.1% |
| 2024 | $1,334 +3.8% | $87,500 +31% |
| 2023 | $1,286 -2.1% | $66,800 +3.1% |
| 2022 | $1,314 | $64,800 +41.5% |
| 2021 | -- | $45,800 +2.5% |
| 2020 | -- | $44,700 -4.1% |
| 2019 | -- | $46,600 +2.6% |
| 2018 | -- | $45,400 -13.2% |
| 2017 | -- | $52,300 |
| 2016 | -- | $52,300 +2.3% |
| 2015 | -- | $51,100 +18.3% |
| 2014 | -- | $43,200 |
| 2012 | -- | $43,200 |
| 2011 | -- | $43,200 |
| 2010 | -- | $43,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 49718
Nearby schools
GreatSchools rating
- 9/10Pellston Elementary SchoolGrades: PK-5Distance: 9.9 mi
- 5/10Pellston Middle/High SchoolGrades: 6-12Distance: 9.9 mi
Schools provided by the listing agent
- Elementary: Pellston
- High: Pellston
Source: WWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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