For sale

$349,900

5040 Hemingway Lake Rd, Otter Lake, MI 48464

3beds

3,300sqft

$2,343/mo

Get pre-qualified

Single Family Residence

Built in 2005

8 Acres Lot

$343,300 Zestimate^®

$106/sqft

$-- HOA

What's special

Beautiful custom-built log home nestled on 8 private acres with a pond and a peaceful country setting. This unique 4-bedroom, 2.5-bath home offers approximately 2,300 sq. ft. plus an impressive 1,000 sq. ft. finished walkout basement. Soaring ceilings, a large deck overlooking the property, and quality custom features throughout give this home a warm, inviting feel. The spacious layout offers plenty of room for family and entertaining, while the walkout basement provides additional living and recreation space. Enjoy the privacy, wildlife and natural beauty that come with this exceptional 8-acre property. A truly special log home with the space, setting and character you've been looking for.

24 days
1,471
126

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Primary bedroom

Level: Entry
Area: 150
Dimensions: 10 X 15

Bedroom

Level: Second
Area: 391
Dimensions: 17 X 23

Bedroom

Level: Second
Area: 252
Dimensions: 14 X 18

Bedroom

Level: Basement
Area: 132
Dimensions: 11 X 12

Primary bathroom

Level: Entry
Area: 90
Dimensions: 9 X 10

Other

Level: Second
Area: 63
Dimensions: 7 X 9

Other

Level: Entry
Area: 56
Dimensions: 7 X 8

Dining room

Level: Entry
Area: 156
Dimensions: 12 X 13

Family room

Level: Basement
Area: 480
Dimensions: 20 X 24

Kitchen

Level: Entry
Area: 143
Dimensions: 11 X 13

Laundry

Level: Entry
Area: 49
Dimensions: 7 X 7

Living room

Level: Entry
Area: 462
Dimensions: 21 X 22

Sitting room

Level: Second
Area: 120
Dimensions: 8 X 15

Heating

Forced Air, High Efficiency Sealed Combustion, Natural Gas

Appliances

Included: Dishwasher, Dryer, Free Standing Electric Range, Free Standing Refrigerator, Microwave, Washer
Laundry: Laundry Room

Features

Basement: Full,Partially Finished,Walk Out Access
Has fireplace: Yes
Fireplace features: Living Room

Interior area

Total interior livable area: 3,300 sqft
Finished area above ground: 2,300
Finished area below ground: 1,000

Property

Parking

Total spaces: 2
Parking features: Two Car Garage, Attached, Workshop In Garage
Attached garage spaces: 2

Features

Levels: One And One Half
Stories: 1.5
Entry location: GroundLevel
Patio & porch: Deck, Porch
Pool features: Above Ground
Waterfront features: Pond

Lot

Size: 8 Acres
Dimensions: 344 x 577 x 641 x 658

Details

Parcel number: 01300801250
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Cape Cod
Property subtype: Single Family Residence

Materials

Log, Wood Siding
Foundation: Basement, Poured
Roof: Metal

Condition

New construction: No
Year built: 2005

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

HOA

Has HOA: No

Location

Region: Otter Lake

Financial & listing details

Price per square foot: $106/sqft
Tax assessed value: $91,038
Annual tax amount: $2,170
Date on market: 10/1/2026
Cumulative days on market: 25 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA,Usda Loan,Va Loan

Estimated market value

$343,300

$326,000 - $360,000

$3,257/mo

Price history

Date	Event	Price
10/1/2026	Listed for sale	$349,900+79.4%$106/sqft
Source: Realcomp II #20261079546 Report a problem
10/24/2008	Sold	$195,000$59/sqft
Source: MiRealSource #20267075 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$2,069 +1530.7%	$174,500 +5.4%
2025	$127 -93.5%	$165,600 +6.6%
2024	$1,944 +5.1%	$155,300 +10%
2023	$1,849 +9.1%	$141,200 +8.1%
2022	$1,695 +0.9%	$130,600 +4.7%
2021	$1,681	$124,700 +19.2%
2020	--	$104,600 +17.7%
2018	$1,746 -2.3%	$88,900 +0.5%
2017	$1,787	$88,500 +7.5%
2016	--	$82,300
2015	--	--
2014	--	$76,300 +14.1%
2013	--	$66,900 -2.9%
2012	--	$68,900 -18.3%
2011	--	$84,300 +15%
2010	--	$73,300 -11.4%
2009	--	$82,700 -20.3%
2008	--	$103,700 +9%
2007	--	$95,100 +18.1%
2006	--	$80,500 +200.4%
2005	--	$26,800
2004	--	$26,800 +3.9%
2003	--	$25,800 +8.4%
2002	--	$23,800 +6.3%
2001	--	$22,400