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Sold for $460,000
  • $460,000

    5550 N Lake Shore Dr, Harbor Springs, MI 49740

    3beds
    2,450sqft
    Single Family Residence
    Built in 1986
    -- sqft lot
    $466,500 Zestimate®
    $188/sqft
    $5,075 Estimated rent

    Home value

    $466,500

    $378,000 - $578,000

    $5,075/mo

    Zestimate® history
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    What's special

    Nestled along the iconic Tunnel of Trees, just 1.5 miles south of Cross Village and the sparkling shores of Lake Michigan sits a truly unique property waiting for its next chapter. 5550 N Lake Shore Drive isn't just a house; it's a story etched in wood, stone, and the very bones of its being. This isn't your typical cookie-cutter home; this is a legacy built by the Rose family in the mid-1980s on nearly 20 acres of secluded, wooded land. And if these walls could talk, oh, the tales they would tell The building's robust construction was so evident that even the inspector jokingly asked if it was designed to house elephants, immediately signaling the substantial nature of the place. It is a testament to a bygone era of craftsmanship. The Roses, prominent in the demolition, salvage, and antique business, left their mark on this home with treasures reclaimed from forgotten structures. Imagine the stories behind the exquisite doors, the grand staircases, the intricate trim and woodwork, the flooring beneath your feet to the glow of the antique lighting fixtures, each piece a relic of Saginaw and Northern Michigan history. A massive 40x60 pole barn adds further potential to this already remarkable property. In addition, enjoy Lake Michigan public beach access at a nearby nature preserve. This home, a diamond in the rough, possesses a character and charm that simply cannot be replicated. It’s a place where history resonates in every corner, waiting for a new owner to breathe fresh life into its storied past. With some vision and thoughtful updating, this remarkable residence at 5550 N Lake Shore Drive will truly shine.

    Zillow last checked:

    Source: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate,MLS#: 475776

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 1
    • 1/2 bathrooms: 2
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 2,450
    • Total interior livable area: 2,450 sqft

    Property

    Details
    • Parcel number: 050805200006

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1986
    • Major remodel year: 1986

    Utilities & green energy

    • Utilities for property: Water Connected, Sewer Connected, Garbage

    Community & HOA

    Location
    • Region: Harbor Springs

    Financial & listing details

    • Price per square foot: $188/sqft
    • Tax assessed value: $249,400
    • Date on market: 2/9/2025
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    8/8/2025Sold$460,000-20%$188/sqft
    Source: Public Record Report a problem
    3/26/2025Price change$575,000-17.9%$235/sqft
    Source: Northern Michigan MLS #475776 Report a problem
    2/8/2025Listed for sale$700,000$286/sqft
    Source: Northern Michigan MLS #475776 Report a problem
    2/3/2025Listing removed$700,000$286/sqft
    Source: Northern Michigan MLS #474732 Report a problem
    12/31/2024Price change$700,000-15.2%$286/sqft
    Source: Northern Michigan MLS #474732 Report a problem
    8/26/2024Listed for sale$825,000$337/sqft
    Source: Northern Michigan MLS #474732 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2021-- $124,700 +4.5%
    2020-- $119,300 +6.2%
    2019-- $112,300 +8.4%
    2018-- $103,600 +1.7%
    2017-- $101,900 +13.3%
    2016-- $89,900 -0.3%
    2015-- $90,200 +10.8%
    2014-- $81,400 +0.6%
    2013-- $80,900 -11.9%
    2012-- $91,800 -6%
    2011-- $97,700 -11.1%
    2010-- $109,900
    Find assessor info on the county website

    Neighborhood: 49740

    Nearby schools

    GreatSchools rating
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