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Off market
  • $378,300

    305 Lake St, Elk Rapids, MI 49629

    2beds
    672sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $378,300 Zestimate®
    $563/sqft
    $1,988 Estimated rent

    Home value

    $378,300

    $340,000 - $424,000

    $1,988/mo

    Zestimate® history
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    What's special

    KITCHEN + LIVING ROOM: The kitchen and living room have an open concept. The kitchen is outfitted with all the essentials to make your stay comfortable. The living room has a sofa, two accent chairs, a Smart TV, and gas fireplace. BEDROOM 1: The first bedroom has a queen bed, side-tables, two lamps, closet, and a view to the lake. BEDROOM 2: The second bedroom has two twin beds, a side table, lamp, and clothing rack. BATHROOM: The bathroom contains a subway tiled shower, hexagon tiled floor, Carrera marble vanity, toilet, and a stacked washer and dryer. The washer and dryer are there for your convenience, so feel free to use them as needed during your stay. 1. Lease Term & Structure Lease is for a fixed term of nine (9) months, beginning September 3, 2026 and ending May 31, 2027. This is not a month-to-month tenancy. The total rent for the full lease term is $18,000, which reflects a blended rate incorporating both peak-season and off-season rental value. Rent is structured as equal monthly payments of $2,000 for convenience, but Tenant agrees the full lease amount is owed for the entire term regardless of occupancy. 2. Rent & Fees Rent of $2,000 is due on the 3rd of each month. A late fee of $50 applies if rent is not received by the 5th. Security deposit required and returned per state law (minus damages beyond normal wear). 3. Early Termination Tenant acknowledges that monthly rent is a prorated amount based on a full-term commitment. If Tenant vacates or terminates the lease prior to May 31, 2027, Tenant remains responsible for the unpaid balance of the total lease amount ($18,000). Landlord will make reasonable efforts to re-rent the property. If a replacement tenant is secured, Tenant is responsible for any difference in rent and any costs associated with re-leasing. Alternatively, Tenant may request early termination subject to Landlord approval and payment of a $4,000 early termination fee (equivalent to two months' rent), plus any unpaid rent through the date a replacement tenant is secured. 4. Occupancy Only the named tenants may reside in the home. Guests may stay up to 14 cumulative days per month unless approved in writing. No subletting or short-term rentals (including Airbnb) without written permission. 5. Smoking & Behavior No smoking or vaping inside the home. No illegal substances on the property. Tenants must comply with reasonable quiet hours, typically 11 PM to 6 AM. 6. Maintenance Responsibilities Tenant must: Keep the property clean and sanitary. Promptly report maintenance issues. Landlord must: Maintain major systems (HVAC, plumbing, electrical). Handle structural repairs. Provide working smoke and CO detectors. 7. Utilities Landlord pays for all utilities. 8. Alterations No painting, changes, or permanent alterations. No hanging pictures or TV mounts. 9. Safety Requirements Tenant may not disable or remove smoke/CO detectors. Notify landlord immediately if alarms malfunction or there are safety concerns. 10. Entry Landlord will provide 24-hour notice before entering for inspections or repairs unless there is an emergency. 11. Move-Out Lease ends May 31, 2027 unless otherwise agreed in writing. Property must be left clean and in similar condition as at move-in (normal wear excepted).

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Hardwood, Tile
    • Furnished: Yes
    Interior area
    • Total interior livable area: 672 sqft

    Property

    Parking
    • Details: Contact manager
    Features
    • Exterior features: Heating system: Forced Air, Utilities included in rent
    Details
    • Parcel number: 054322502910

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Community
    • Deposit fee: $2,000
    Location
    • Region: Elk Rapids

    Financial & listing details

    • Price per square foot: $563/sqft
    • Tax assessed value: $163,400
    • Annual tax amount: $3,234
    • Date on market: 5/5/2026
    • Date available: 09/03/2026
    • Lease term: 1 Year

    Price history

    DateEventPrice
    5/14/2026Listing removed$2,000$3/sqft
    Source: Zillow Rentals Report a problem
    5/5/2026Listed for rent$2,000+11.1%$3/sqft
    Source: Zillow Rentals Report a problem
    4/13/2026Listing removed$1,800$3/sqft
    Source: Zillow Rentals Report a problem
    1/30/2026Listed for rent$1,800$3/sqft
    Source: Zillow Rentals Report a problem
    9/19/2017Sold$206,000$307/sqft
    Source: NGLRMLS #1837553 Report a problem
    9/15/2017Pending sale$206,000$307/sqft
    Source: Coldwell Banker Schmidt, Realtors #1837553 Report a problem
    8/24/2017Listed for sale$206,000$307/sqft
    Source: Coldwell Banker Schmidt-402 #1837553 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,234 +5.4%$81,700 -0.8%
    2024$3,068 +5.8%$82,400 +34.4%
    2023$2,901 $61,300 +9.5%
    2022-- $56,000 -12.8%
    2021-- $64,200 +15.3%
    2020-- $55,700 +12.3%
    2017$1,202 $49,600 -4.1%
    2016-- $51,700 +4%
    2015-- $49,700 +0.2%
    2014-- $49,600 +16.2%
    2013-- $42,700 -1.4%
    2011-- $43,300 -5.3%
    2010-- $45,700
    Find assessor info on the county website

    Neighborhood: 49629

    Nearby schools

    GreatSchools rating
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