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Sold for $375,000
  • $375,000

    500 Lakeshore Dr, Ontonagon, MI 49953

    3beds
    3,016sqft
    Single Family Residence
    Built in 1942
    4.44 Acres Lot
    $387,700 Zestimate®
    $124/sqft
    $2,980 Estimated rent

    Home value

    $387,700

    Estimated sales range

    Not available

    $2,980/mo

    Zestimate® history
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    What's special

    Beachfront propertyWonderful lake superior viewsHardwood floorsSouth facing sunroomPicturesque landscapeLaundry chuteOpen stairway
    BEAUTIFUL BEACHFRONT PROPERTY, The Gorman estate at 471 and 500 Lakeshore Dr is nestled in the heart of a picturesque landscape. The home is host to 3 bedrooms, 2 full and 1 half bath with a formal dining room and living room that offer wonderful Lake Superior views. There is a south facing sunroom with bountiful natural light. The centrally located open stairway leads to the second floor where you will find 3 bedrooms and a library. Main bedroom and Library have beautiful hardwood floors. The other 2 bedrooms are on the opposite side of the home with a second full bathroom in between. Fireplaces in Living Room and 2nd level library. Laundry chute from 2nd level to basement. The basement walks out to the back yard via a one stall garage. Basement has a laundry room, workshop, exercise room, sauna and hot tub area. . BONUS! Across Lakeshore Dr., included with property is Beach house with 400’ of incredible, level sandy Lake Superior frontage.

    Zillow last checked:

    Listing updated:

    Listed by:

    LAURIE CUMMINGS 920-538-0074,

    FIRST WEBER - BESSEMER,

    TAMMY KAURANEN 906-285-2618,

    FIRST WEBER - BESSEMER

    Bought with:

    LAURIE CUMMINGS, 47722 - 94

    FIRST WEBER - BESSEMER

    Source: GNMLS,MLS#: 211061MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Second
    • Dimensions: 13x16
    Bedroom
    • Level: Second
    • Dimensions: 12x13
    Bedroom
    • Level: Second
    • Dimensions: 11x13
    Bathroom
    • Level: Second
    Bathroom
    • Level: First
    Bathroom
    • Level: Second
    Dining room
    • Level: First
    • Dimensions: 16x13
    Entry foyer
    • Level: First
    • Dimensions: 12x9
    Exercise room
    • Level: Basement
    • Dimensions: 9x9
    Kitchen
    • Level: First
    • Dimensions: 14x14
    Laundry
    • Level: Basement
    • Dimensions: 14x21
    Library
    • Level: Second
    • Dimensions: 17x17
    Living room
    • Level: First
    • Dimensions: 21x16
    Sunroom
    • Level: First
    • Dimensions: 13x14
    Workshop
    • Level: Basement
    • Dimensions: 20x15
    Heating
    • Forced Air, Natural Gas
    Appliances
    • Included: Dryer, Electric Oven, Electric Range, Gas Water Heater, Refrigerator, Washer
    • Laundry: Washer Hookup, In Basement
    Features
    • Hot Tub/Spa, Bath in Primary Bedroom, Sauna
    • Flooring: Carpet, Ceramic Tile, Vinyl, Wood
    • Basement: Exterior Entry,Full,Interior Entry,Other
    • Attic: Scuttle
    • Number of fireplaces: 2
    • Fireplace features: Multiple
    Interior area
    • Total structure area: 3,016
    • Total interior livable area: 3,016 sqft
    • Finished area above ground: 1,941
    • Finished area below ground: 1,075

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached, Detached, Garage
    • Has attached garage: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Has spa: Yes
    • Spa features: Hot Tub
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Shoreline - Sand, Lake Front
    • Body of water: SUPERIOR
    • Frontage type: Lakefront
    • Frontage length: 400,400
    Lot
    • Size: 4.44 Acres
    • Features: Lake Front, Level, Views
    Details
    • Additional structures: Guest House
    • Parcel number: 4155101520, 4155101530
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Two Story
    • Property subtype: Single Family Residence
    Materials
    • Frame, Vinyl Siding
    • Foundation: Block
    • Roof: Composition,Shingle
    Condition
    • Year built: 1942

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Ontonagon

    Financial & listing details

    • Price per square foot: $124/sqft
    • Tax assessed value: $239,900
    • Annual tax amount: $3,385
    • Date on market: 3/24/2025
    • Ownership: Trust
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/15/2025Sold$375,000-16.5%$124/sqft
    Source: GNMLS #211061 Report a problem
    8/8/2025Pending sale$449,000$149/sqft
    Source: Upper Peninsula AOR #50169516 Report a problem
    7/24/2025Contingent$449,000$149/sqft
    Source: GNMLS #211061 Report a problem
    7/6/2025Price change$449,000-10%$149/sqft
    Source: Upper Peninsula AOR #50169516 Report a problem
    6/11/2025Price change$499,000-9.1%$165/sqft
    Source: GNMLS #211061 Report a problem
    4/29/2025Price change$549,000-8.5%$182/sqft
    Source: GNMLS #211061 Report a problem
    3/24/2025Listed for sale$600,000+525%$199/sqft
    Source: GNMLS #211061 Report a problem
    11/1/1995Sold$96,000$32/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,577 +6.4%$119,950 +10.9%
    2024$2,422 +5.5%$108,150 +35.5%
    2023$2,296 +1.9%$79,800 +13.8%
    2022$2,253 $70,150 +12.8%
    2021-- $62,200 +11.5%
    2020-- $55,800 +2.4%
    2019-- $54,500 +4.1%
    2018-- $52,350 +6.4%
    2017-- $49,200 +3.6%
    2016-- $47,500 +5.8%
    2015-- $44,900
    2014-- $44,900 -1.6%
    2013-- $45,650 -13.2%
    2012-- $52,600 -4.9%
    2011-- $55,300
    Find assessor info on the county website

    Neighborhood: 49953

    Nearby schools

    GreatSchools rating
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