Escape to this completely off-grid sanctuary on 5 wooded acres along the shores of private Horseshoe Lake! A lush, flat lawn leads right to the water's edge, offering stunning views and privacy, and easy access for kayaking and outstanding fishing. Fully self-sufficient, the property features a solar system , an owned propane tank, generac generator , a drilled well, and a septic system. Enjoy the outdoors from the spacious deck , plus an attached, oversized 2-car garage and a handy storage shed. Inside, enjoy peace of mind with newer updates including a roof, modern flooring, fresh countertops, and updated appliances. The main floor features a primary bedroom suite, a second bedroom, a cozy wood stove, and convenient first-floor laundry. The walkout basement adds a full bathroom and two additional bedrooms, plus a family room that can easily be converted into a fifth bedroom. Current owner lives here year round. Embrace self-sustained nature living in this spectacular, move-in-ready waterfront home!
For sale
Price cut: $20K (6/23)
$399,900
5152 Floating Bear Rd, Republic, MI 49879
4beds
2,728sqft
Single Family Residence
Built in 2003
5 Acres Lot
$393,000 Zestimate®
$147/sqft
$-- HOA
What's special
Solar systemWalkout basementHandy storage shedPrimary bedroom suiteStunning views and privacyFresh countertopsCozy wood stove
- 115 days
- 1,468
- 123
Zillow last checked:
Listing updated:
Listed by:
DYLAN WILLEY 906-362-1688,
COLDWELL BANKER SCHMIDT REALTORS 906-225-5992
Source: MiRealSource,MLS#: 50208486
Originating MLS: Upper Peninsula Assoc of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Laundry, Master Bedroom, Living Room, Sun/Florida Room, Basement Full Bath
Primary bedroom
- Level: First
Bedroom 1
- Level: First
- Area: 154
- Dimensions: 14 x 11
Bedroom 2
- Level: First
- Area: 238
- Dimensions: 17 x 14
Bedroom 3
- Level: Basement
- Area: 120
- Dimensions: 12 x 10
Bedroom 4
- Level: Basement
- Area: 154
- Dimensions: 14 x 11
Bathroom 1
- Level: First
Bathroom 2
- Level: First
Bathroom 3
- Level: Basement
Dining room
- Level: First
- Area: 90
- Dimensions: 10 x 9
Family room
- Level: Basement
- Area: 272
- Dimensions: 17 x 16
Kitchen
- Level: First
- Area: 110
- Dimensions: 11 x 10
Living room
- Level: First
- Area: 378
- Dimensions: 21 x 18
Heating
- Forced Air, Propane, Wood
Cooling
- Ceiling Fan(s)
Appliances
- Included: Dryer, Microwave, Range/Oven, Refrigerator, Washer, Gas Water Heater
- Laundry: First Floor Laundry
Features
- None
- Basement: Full
- Number of fireplaces: 1
- Fireplace features: Wood Burning Stove
Interior area
- Total structure area: 2,930
- Total interior livable area: 2,728 sqft
- Finished area above ground: 1,652
- Finished area below ground: 1,076
Property
Parking
- Total spaces: 2
- Parking features: Garage, Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Waterfront, Interior Lake
- Body of water: Horseshoe Lake
- Frontage length: 692
Lot
- Size: 5 Acres
- Dimensions: 692 x 300 x 627 x
- Features: Deep Lot - 150+ Ft., Large Lot - 65+ Ft., Wooded
Details
- Additional structures: Shed(s), Garage(s)
- Parcel number: 521231200710
- Zoning: RP - Resource Production
- Special conditions: Private,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Conventional Frame
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Basement
Condition
- Year built: 2003
Utilities & green energy
- Electric: 200+ Amp Service, Generator, Photovoltaics Seller Owned
- Sewer: Septic Tank
- Water: Drilled Well
- Utilities for property: Propane Tank Owned
Green energy
- Energy generation: Solar
Community & HOA
Community
- Subdivision: N/A
HOA
- Has HOA: No
Location
- Region: Republic
Financial & listing details
- Price per square foot: $147/sqft
- Tax assessed value: $343,600
- Annual tax amount: $4,319
- Date on market: 5/21/2026
- Cumulative days on market: 117 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan,USDA Loan
Estimated market value
$393,000
$373,000 - $413,000
$3,212/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Price change | $399,900-4.8%$147/sqft |
Source: | ||
| 5/21/2026 | Listed for sale | $419,900+13.8%$154/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/26/2013 | Listing removed | $369,000$135/sqft |
Source: Owner Report a problem | ||
| 2/27/2013 | Listed for sale | $369,000+72%$135/sqft |
Source: Owner Report a problem | ||
| 6/19/2009 | Sold | $214,505$79/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,319 +6.8% | $171,800 +13.9% |
| 2024 | $4,044 +124.9% | $150,900 +12.2% |
| 2023 | $1,798 -32.1% | $134,500 +3.1% |
| 2022 | $2,648 | $130,400 -9.1% |
| 2021 | -- | $143,500 +45.7% |
| 2019 | $2,879 | $98,500 -9.8% |
| 2018 | -- | $109,200 +0.6% |
| 2017 | -- | $108,550 -9.3% |
| 2016 | -- | $119,650 |
| 2015 | -- | $119,650 +17.8% |
| 2014 | -- | $101,550 +4.2% |
| 2012 | -- | $97,500 -4.7% |
| 2011 | -- | $102,300 |
| 2010 | -- | $102,300 |
Find assessor info on the county website
Monthly payment
Est. payment






