Want a lake property but don't want to be right on top of your neighbors? This is your place! You would have to look long and hard to find such a stunning, peaceful and tranquil setting that this meticulously maintained home has to offer. The surprising bonus is that it is located on one of Chelsea's best kept secrets: all-sports South Lake! Includes 2 lots and it is in the award winning Chelsea School District! You are just 10 minutes from downtown Chelsea yet you will think you are way up north. Over 2000 S. F. of living area including the finished walk-out lower level. 2 bedrooms on the main floor with a non-conforming 3rd BR in the lower level. Small ''cottage'' near waterfront. House, cottage and 2 car garage painted last August.Remodeled primary bedroom and living room. Living room has beautiful fireplace (gas), vaulted ceiling, ceiling fans and Berber carpet. Upper and lower level decks recently painted. Three season sunroom and an enclosed work shop. Newer Anderson windows on the first floor. Newer stainless steel kitchen appliances, dryer and brand new washer. Fiber high speed Internet. Roof recently treated with Vital Shield. Two car garage built in 2008. Gas forced air furnace and central air. Whole house Generac generator. Bathrooms remodeled. Gorgeous mature and extensive landscaping/gardens. South Lake is a 197 acre spring fed lake that's 85 feet deep. It borders both Pinckney and Waterloo state recreation areas. There is abundant wildlife including Sandhill cranes, Eagles and Osprey. South Lake also connects to Snyder and Eagle Lakes. Just a mile to the Border to Border paved biking trails and 3 miles to the DTE mountain bike trails (22 miles of trails!). Don't miss this rare opportunity that you are sure to love!
Sold for $569,000
$569,000
4998 S Lake Dr, Chelsea, MI 48118
2beds
2,048sqft
Single Family Residence
Built in 1968
0.33 Acres Lot
$524,900 Zestimate®
$278/sqft
$2,242 Estimated rent
Home value
$524,900
$457,000 - $598,000
$2,242/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Jeffery M Willis 248-425-9676,
Coldwell Banker Town & Country
Bought with:
Marygrace Liparoto, 6506044642
RE/MAX Home Sale Services
Source: Realcomp II,MLS#: 20240090931
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Level: Entry
- Area: 216
- Dimensions: 12 x 18
Bedroom
- Level: Entry
- Area: 130
- Dimensions: 10 x 13
Other
- Level: Entry
Other
- Level: Lower
Family room
- Level: Lower
- Area: 88
- Dimensions: 8 x 11
Flex room
- Level: Entry
- Area: 132
- Dimensions: 11 x 12
Kitchen
- Level: Entry
- Area: 130
- Dimensions: 10 x 13
Laundry
- Level: Lower
- Area: 84
- Dimensions: 7 x 12
Living room
- Level: Entry
- Area: 338
- Dimensions: 13 x 26
Other
- Level: Lower
- Area: 225
- Dimensions: 9 x 25
Other
- Level: Basement
- Area: 98
- Dimensions: 7 x 14
Other
- Level: Lower
- Area: 330
- Dimensions: 15 x 22
Heating
- Forced Air, Natural Gas
Cooling
- Ceiling Fans, Central Air
Appliances
- Included: Dishwasher, Dryer, Free Standing Electric Oven, Free Standing Refrigerator, Microwave, Washer
Features
- High Speed Internet
- Basement: Finished
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total interior livable area: 2,048 sqft
- Finished area above ground: 1,228
- Finished area below ground: 820
Property
Parking
- Total spaces: 2
- Parking features: Two Car Garage, Detached
- Garage spaces: 2
Accessibility
- Accessibility features: Standby Generator
Features
- Levels: Two
- Stories: 2
- Entry location: GroundLevel
- Patio & porch: Deck, Porch
- Pool features: None
- On waterfront: Yes
- Waterfront features: All Sports Lake, Beach Access, Lake Front, Lake Privileges, Private Water Frontage, Waterfront
- Body of water: South Lake
Lot
- Size: 0.33 Acres
- Dimensions: 65.00 x 120.00
- Features: Irregular Lot
Details
- Additional structures: Outbuildings Allowed, Sheds
- Parcel number: E00516116001
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Raised Ranch
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Basement, Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1968
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: SOUTH LAKE DEEP WATER SUB
HOA
- Has HOA: No
Location
- Region: Chelsea
Financial & listing details
- Price per square foot: $278/sqft
- Tax assessed value: $114,354
- Annual tax amount: $4,261
- Date on market: 12/11/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Exclusions: Exclusion(s) Do Not Exist
Price history
| Date | Event | Price |
|---|---|---|
| 12/30/2024 | Sold | $569,000+0.5%$278/sqft |
Source:  Realcomp II #20240090931 Report a problem | ||
| 7/17/2024 | Sold | $566,000+4.8%$276/sqft |
Source:  MichRIC #24032150 Report a problem | ||
| 7/1/2024 | Pending sale | $540,000$264/sqft |
Source: MichRIC #24032150 Report a problem | ||
| 6/28/2024 | Listed for sale | $540,000$264/sqft |
Source: MichRIC #24032150 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,162 | $35,300 -5.4% |
| 2024 | -- | $37,300 +8.7% |
| 2023 | -- | $34,300 +0.6% |
| 2022 | -- | $34,100 +0.3% |
| 2021 | -- | $34,000 +4.6% |
| 2020 | $1,008 | $32,500 |
| 2019 | -- | $32,500 +2.8% |
| 2018 | -- | $31,600 |
| 2017 | -- | $31,600 +27.7% |
| 2016 | -- | $24,750 +0.3% |
| 2015 | -- | $24,676 +3.2% |
| 2014 | -- | $23,906 |
| 2013 | -- | $23,906 +2.4% |
| 2012 | -- | $23,346 +2.7% |
| 2011 | -- | $22,733 +1.7% |
| 2010 | -- | $22,353 -0.3% |
| 2009 | -- | $22,421 +4.4% |
| 2008 | -- | $21,477 +2.3% |
| 2007 | -- | $20,995 -7.9% |
| 2005 | -- | $22,800 +16.3% |
| 2004 | -- | $19,600 +0.5% |
| 2003 | -- | $19,500 +4.8% |
| 2002 | $341 +3.7% | $18,600 +10.7% |
| 2001 | $329 | $16,800 |
| 2000 | -- | $16,800 +5.7% |
| 1999 | $304 | $15,900 |
Find assessor info on the county website
Neighborhood: 48118
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Nearby schools
GreatSchools rating
- NANorth Creek Elementary SchoolGrades: PK-2Distance: 5.5 mi
- 10/10Beach Middle SchoolGrades: 6-8Distance: 6.3 mi
- 9/10Chelsea High SchoolGrades: 9-12Distance: 6.9 mi
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Estimated market value
$524,900
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Estimated market value
$524,900
- Michigan
- Washtenaw County
- Chelsea
- 48118
- 4998 S Lake Dr
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