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Sold for $500,000
  • $500,000

    27996 Barneys Lake Rd N, Beaver Island, MI 49782

    6beds
    2,048sqft
    Single Family Residence, Apartment
    Built in 1990
    -- sqft lot
    $523,600 Zestimate®
    $244/sqft
    $3,358 Estimated rent

    Home value

    $523,600

    $450,000 - $602,000

    $3,358/mo

    Zestimate® history
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    What's special

    Offering a picturesque farmhouse plus a 2226 sq ft. barn with 2 apartments over commercial space on 60 acres of fields and woodlands.This incredible property is located on Barney's Lake Rd, just 5 minutes from town. The Big House has 6 bedrooms and 4 full bathrooms. It was once run as a bed and breakfast called Lazy K Farms. Built with craftsmanship throughout, this home has many amenities - wood floors, wood burning stove, in floor heat (electric boiler installed in 2023, and wood boiler as an additional option), multiple outbuildings, wrap around deck, corral fencing, and an outbuilding for horses. The barn has 2 studio apartments upstairs. New windows installed in the apartments in 2024. The main floor of this building was used as a grooming/kennel at one time. It is still set up like a commercial space. In floor heating is also available in the barn with an exterior wood boiler. There is a stall and storage on the west side of the building that was once used for horses. The potential for this property is really limitless. The 40 acres to the east could be easily sold for $160,000. Sandhill cranes, deer, turkeys and other wildlife are seen daily. Clear open fields would also provide an exceptional view of the starry skies. This is a special property. Don't miss your opportunity to see this one! The Big House is vacant and awaiting your arrival. The apartment currently has tenants. Floor plans are available! *Buyer to verify measurements.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sheri Richards 231-675-6717,

    Five Star Real Estate 231-778-1200

    Bought with:

    . Showing Time

    NGLRMLS RETS

    Source: NGLRMLS,MLS#: 1930424MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 1
    • 3/4 bathrooms: 3
    • Main level bathrooms: 2
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Main
    • Area: 220
    • Dimensions: 11 x 20
    Bedroom 2
    • Level: Upper
    • Dimensions: 11.42 x 23
    Bedroom 3
    • Level: Upper
    • Dimensions: 9.92 x 24
    Bedroom 4
    • Level: Lower
    • Area: 208
    • Dimensions: 13 x 16
    Primary bathroom
    • Features: Private
    Dining room
    • Dimensions: 0 x 0
    Family room
    • Level: Lower
    • Dimensions: 16.67 x 26.33
    Kitchen
    • Level: Main
    • Dimensions: 11.67 x 18
    Living room
    • Level: Main
    • Area: 526.5
    • Dimensions: 19.5 x 27
    Heating
    • Baseboard, External Wood Burner, Wood
    Cooling
    • Electric, Multi Units
    Appliances
    • Included: Refrigerator, Oven/Range, Microwave, Washer, Dryer, Freezer, Electric Water Heater
    • Laundry: Main Level
    Features
    • Beamed Ceilings, Vaulted Ceiling(s), Drywall, Ceiling Fan(s), DSL, WiFi
    • Flooring: Wood, None, Tile, Carpet
    • Windows: Bay Window(s)
    • Basement: Daylight,Finished Rooms,Egress Windows,Finished
    • Has fireplace: Yes
    • Fireplace features: Wood Burning, Stove
    Interior area
    • Total structure area: 2,048
    • Total interior livable area: 2,048 sqft
    • Finished area above ground: 2,048
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Detached, Gravel, Circular Driveway, Private
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Exterior features: Kennel, Dog Pen
    • Waterfront features: None
    Lot
    • Size: 60 Acres
    • Dimensions: 1300 x 2600 x 650
    • Features: Previously Farmed, Cleared, Wooded, Some Lowland Areas, Level, Metes and Bounds, Split Possible
    Details
    • Additional structures: Shed(s)
    • Parcel number: 01223300820
    • Zoning description: Agricultural,Horses Allowed,Rental History,Outbuildings Allowed
    • Wooded area: 35
    • Horses can be raised: Yes
    • Horse amenities: Stable(s)

    Construction

    Type & style
    • Home type: Apartment
    • Architectural style: Apartment,Farm House
    • Property subtype: Single Family Residence, Apartment
    Materials
    • Frame, Wood Siding, Shingle Siding
    • Foundation: Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1990
    • Major remodel year: 2009

    Utilities & green energy

    • Sewer: Private Sewer
    • Water: Private
    Green energy
    • Energy efficient items: Not Applicable
    • Water conservation: Not Applicable

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Community
    • Community features: None
    Location
    • Region: Beaver Island
    • Subdivision: n/a

    HOA & financial

    HOA
    • Services included: None

    Other

    Other facts
    • Listing agreement: Exclusive Right Sell
    • Price range: $500K - $500K
    • Listing terms: Conventional,Cash,FHA
    • Ownership type: Private Owner
    • Road surface type: Gravel

    Price history

    DateEventPrice
    12/23/2025Sold$500,000-16%$244/sqft
    Source: NGLRMLS #1930424 Report a problem
    11/19/2025Pending sale$595,000$291/sqft
    Source: NGLRMLS #1930424 Report a problem
    10/20/2025Listed for sale$595,000$291/sqft
    Source: NGLRMLS #1930424 Report a problem
    10/9/2025Pending sale$595,000$291/sqft
    Source: NGLRMLS #1930424 Report a problem
    10/3/2025Price change$595,000-7.8%$291/sqft
    Source: NGLRMLS #1930424 Report a problem
    4/6/2025Price change$645,000-7.2%$315/sqft
    Source: NGLRMLS #1930424 Report a problem
    5/27/2024Price change$695,000-7.3%$339/sqft
    Source: Northern Michigan MLS #473560 Report a problem
    4/23/2024Listed for sale$750,000$366/sqft
    Source: Northern Michigan MLS #473560 Report a problem
    12/3/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    10/1/2022Listed for rent$895
    Source: Zillow Rental Manager Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,865 +31.2%$269,000 +7.6%
    2024$9,045 +5.9%$249,900 +27.6%
    2023$8,538 $195,900 +6.9%
    2022-- $183,200 +8.4%
    2021-- $169,000 +0.7%
    2020-- $167,900 +2.1%
    2019-- $164,400 +5.6%
    2018-- $155,700
    2017-- $155,700 +1%
    2016-- $154,200 +6%
    2015-- $145,500 +11.3%
    2014-- $130,700 -7%
    2013-- $140,500 -15.1%
    2012-- $165,440 +2.7%
    2011-- $161,091
    2010-- --

    Find assessor info on the county website

    Neighborhood: 49782

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Beaver Island Community School

    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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