Active

$550,000

5088 Monroe Rd, Lakeview, MI 48850

3beds

2,128sqft

$3,828/mo

Get pre-qualified

Single Family Residence

Built in 1900

78 Acres Lot

$535,900 Zestimate^®

$258/sqft

$-- HOA

What's special

Farm house

Sportsman's Paradise, This farm is hitting the market for the first time ever. Check out this farm house with 4 outbuildings, 78 acres and over 600' of private frontage on Black Lake. House and buildings are in need of repair, but seems to be salvageable, does have a 5" well and updated septic. Acreage is diverse with approximately 30 acres tillable, Swails and low lands. Lake front is park like setting, would make a great building site or great recreation area . Black lake is private lake with great fishing, and this area is know for its great hunting. Set up your private showings today

7 days
500
32

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 1

Heating

None

Appliances

Laundry: Main Level

Features

Flooring: Wood
Basement: Michigan Basement
Has fireplace: No

Interior area

Total structure area: 2,128
Total interior livable area: 2,128 sqft
Finished area below ground: 0

Property

Features

Stories: 2
On waterfront: Yes
Waterfront features: Lake
Body of water: Black Lake

Lot

Size: 78 Acres
Dimensions: 1020 x 2640 x 1320 x 2340 x 300 x 300
Features: Tillable, Wooded

Details

Additional structures: Shed(s), Barn(s)
Parcel number: 5416019001800, 5416019001001
Zoning description: 401 res

Construction

Type & style

Home type: SingleFamily
Architectural style: Farmhouse
Property subtype: Single Family Residence

Materials

Vinyl Siding
Roof: Metal

Condition

New construction: No
Year built: 1900

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

Location

Region: Lakeview

Financial & listing details

Price per square foot: $258/sqft
Tax assessed value: $78,573
Annual tax amount: $1,891
Date on market: 9/21/2026
Listing terms: Cash,Conventional

Estimated market value

$535,900

$509,000 - $563,000

$1,924/mo

Price history

Date	Event	Price
9/21/2026	Listed for sale	$550,000$258/sqft
Source: MichRIC #26050320 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,015 +582.6%	$71,500 +6.1%
2024	$149	$67,400 +13.3%
2023	--	$59,500 +26.3%
2022	--	$47,100 +1.7%
2021	--	$46,300 +47.5%
2020	--	$31,400 +10.2%
2019	--	$28,500 +14.9%
2018	--	$24,800 +2.9%
2017	--	$24,100 +6.2%
2016	--	$22,700 +19.5%
2014	--	$19,000 -8.7%
2013	--	$20,800 +1%
2012	--	$20,600 -5.5%
2011	--	$21,800