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For sale
  • $499,900

    602 S King St, Lake City, MI 49651

    3beds
    1,384sqft
    : 
    $3,304/mo
    Get pre-qualified
    Single Family Residence
    Built in 2026
    0.34 Acres Lot
    $492,500 Zestimate®
    $361/sqft
    $-- HOA

    What's special

    Welcome to one of the most unique opportunities in Lake City. This newly built 3-bedroom, 2-bath home offers the perfect blend of modern construction and flexible use, all within walking distance to Miltner Park and the beautiful shoreline of Lake Missaukee. Whether you are looking for a full-time residence, vacation getaway, or investment property, this home was thoughtfully designed to meet a variety of needs. Built with short-term rental potential in mind, the layout allows for easy conversion into a duplex, featuring separate heating units for each side. This creates an ideal setup for generating income while maintaining privacy and comfort. Inside, you’ll find warm pine tongue-and-groove finishes throughout, paired with high ceilings in the bedrooms that give the home an open, inviting feel. The upstairs windows provide a peaceful view overlooking the lake, adding to the overall Northern Michigan charm. Step outside and enjoy a level of privacy rarely found this close to town, enhanced by a city-approved variance for the fenced yard. Just a short walk brings you to the heart of the community, where you can enjoy beach days, local events, and everything that makes Lake City special. Known for its all-sports lake and hosting one of the most celebrated Fourth of July events in Northern Michigan, this area continues to draw attention from both homeowners and investors alike. With fewer than five homes built after 2020 having sold in Lake City, opportunities like this are incredibly limited. Located on Lakeshore Drive, an area that has consistently shown strong value growth, this property represents not only a place to live or vacation, but a smart long-term investment in a thriving market.
    88 days
    |
    837
    |
    22
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    Zillow last checked:

    Listing updated:

    Listed by:

    Justin Lewis 231-920-7579,

    Five Star Real Estate (Lake City) 231-920-7579

    Source: NGLRMLS,MLS#: 1944272MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 2
      Primary bedroom
      • Area: 292.5
      • Dimensions: 19.5 x 15
      Primary bathroom
      • Features: Shared
      Kitchen
      • Area: 42
      • Dimensions: 7 x 6
      Living room
      • Area: 155.25
      • Dimensions: 13.5 x 11.5
      Heating
      • Forced Air, Natural Gas
      Appliances
      • Included: Refrigerator, Oven/Range, Washer, Dryer, Other
      • Laundry: Upper Level
      Features
      • Other, Vaulted Ceiling(s)
      • Has fireplace: Yes
      • Fireplace features: Stove
      Interior area
      • Total structure area: 1,384
      • Total interior livable area: 1,384 sqft
      • Finished area above ground: 1,384
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: None, Gravel, Dirt
      Accessibility
      • Accessibility features: Covered Entrance
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Other
      • Has view: Yes
      • View description: Water
      • Water view: Water
      Lot
      • Size: 0.34 Acres
      • Dimensions: 100 x 148
      • Features: Other, Metes and Bounds
      Details
      • Additional structures: None
      • Parcel number: #05135100405
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame, Vinyl Siding
      • Foundation: Slab
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 2026

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: None
      • Subdivision: Langley Add
      HOA
      • Services included: None
      Location
      • Region: Lake City

      Financial & listing details

      • Price per square foot: $361/sqft
      • Tax assessed value: $142,363
      • Price range: $499.9K - $499.9K
      • Date on market: 4/27/2026
      • Cumulative days on market: 89 days
      • Listing agreement: Exclusive Right Sell
      • Listing terms: Conventional,Cash,FHA,MSHDA,USDA Loan,VA Loan,1031 Exchange,New Construction
      • Ownership type: Private Owner
      • Road surface type: Asphalt

        Estimated market value

        $492,500

        $468,000 - $517,000

        $2,458/mo

        Price history

        DateEventPrice
        4/27/2026Listed for sale$499,900$361/sqft
        Source: NGLRMLS #1944272 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 49651

        Getting around

        21 / 100
        Car-Dependent
        31 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Lake City Area School District

        Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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