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For sale
    • $340,000

    7160 Cherry Ave, Kewadin, MI 49648

    3beds
    1,616sqft
    : 
    $2,215/mo
    Get pre-qualified
    Single Family Residence
    Built in 1935
    0.49 Acres Lot
    $327,200 Zestimate®
    $210/sqft
    $-- HOA

    What's special

    Freshly renovated home
    Northern Michigan retreat with exceptional short-term rental potential just minutes from Elk Lake and Torch Lake access and the charm of Elk Rapids This inviting home offers the ideal blend of comfort, location, and year-round lifestyle appeal—perfect for vacationers, investors, or those seeking a personal getaway with income upside. Guests and owners alike will love the freshly renovated home and its proximity to multiple township parks featuring pickleball, tennis, and basketball courts—creating a built-in recreational experience that drives rental demand. Spend your days boating on Elk or Torch Lake, enjoying nearby public access points, or the easy jaunt into Elk Rapids for dining, shopping, and waterfront sunsets over Grand Traverse Bay. The home itself is designed for relaxation and functionality, offering flexible living spaces ideal for hosting groups, weekend travelers, or extended stays. Outdoor areas provide the perfect setting for entertaining, unwinding after a day on the water, or gathering around a fire under Northern Michigan skies. With its prime location near Elk Rapids, Torch Lake, Elk Lake and Grand Traverse Bay maximizing strong vacation appeal, and access to some of the region’s most sought-after amenities, this property presents a rare opportunity to own a lifestyle-driven home with no limitations on potential short-term rental or income.
    13 days
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    1,075
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    48
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    Zillow last checked:

    Listing updated:

    Listed by:

    Christian Nelson 231-264-5400,

    REMAX Of Elk Rapids 231-264-5400

    Source: NGLRMLS,MLS#: 1947912MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 1
      Primary bedroom
      • Level: Main
      • Dimensions: 12.83 x 11.42
      Bedroom 2
      • Level: Upper
      • Dimensions: 18.75 x 10.67
      Bedroom 3
      • Level: Lower
      • Dimensions: 8.08 x 7.92
      Primary bathroom
      • Features: Private
      Dining room
      • Level: Main
      • Length: 11.58
      Family room
      • Level: Lower
      • Dimensions: 18.83 x 13.5
      Kitchen
      • Level: Main
      • Dimensions: 19.83 x 11.58
      Living room
      • Level: Main
      • Dimensions: 23.25 x 17.25
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Ductless, Electric
      Appliances
      • Included: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Electric Water Heater
      • Laundry: Main Level
      Features
      • Walk-In Closet(s), Granite Counters, Solid Surface Counters, Ceiling Fan(s)
      • Flooring: Laminate, Luxury Vinyl Plank, Tile, Carpet
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 1,616
      • Total interior livable area: 1,616 sqft
      • Finished area above ground: 1,300
      • Finished area below ground: 316
      Video & virtual tour

      Property

      Parking
      • Parking features: None, Gravel
      Accessibility
      • Accessibility features: Accessible Full Bath
      Features
      • Levels: One and One Half
      • Stories: 1
      • Patio & porch: Deck, Multi-Level Decking, Porch
      • Waterfront features: Near Pub.Access w/in 500'
      Lot
      • Size: 0.49 Acres
      • Dimensions: 132 x 114
      • Features: Level
      Details
      • Additional structures: Shed(s)
      • Parcel number: 051283500100
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame, Vinyl Siding, Stone
      • Foundation: Block, Poured Concrete
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1935
      • Major remodel year: 2025

      Utilities & green energy

      • Sewer: Private Sewer
      • Water: Private

      Community & HOA

      Community
      • Features: None
      • Subdivision: No Bad Days Condominium
      HOA
      • Services included: None
      Location
      • Region: Kewadin

      Financial & listing details

      • Price per square foot: $210/sqft
      • Tax assessed value: $128,200
      • Annual tax amount: $1,309
      • Price range: $340K - $340K
      • Date on market: 7/13/2026
      • Cumulative days on market: 406 days
      • Listing agreement: Exclusive Right Sell
      • Listing terms: Conventional,Cash
      • Ownership type: Private Owner
      • Road surface type: Asphalt

        Estimated market value

        $327,200

        $311,000 - $344,000

        $2,336/mo

        Price history

        DateEventPrice
        7/13/2026Listed for sale$340,000$210/sqft
        Source: NGLRMLS #1947912 Report a problem
        7/13/2026Listing removed$340,000$210/sqft
        Source: NGLRMLS #1943691 Report a problem
        6/27/2026Price change$340,000-4.2%$210/sqft
        Source: NGLRMLS #1943691 Report a problem
        5/26/2026Price change$355,000-1.1%$220/sqft
        Source: NGLRMLS #1943691 Report a problem
        4/12/2026Listed for sale$359,000$222/sqft
        Source: NGLRMLS #1943691 Report a problem
        4/11/2026Listing removed$359,000$222/sqft
        Source: NGLRMLS #1941162 Report a problem
        12/15/2025Listed for sale$359,000$222/sqft
        Source: NGLRMLS #1941162 Report a problem
        12/14/2025Listing removed$359,000$222/sqft
        Source: NGLRMLS #1935144 Report a problem
        8/24/2025Price change$359,000-1.4%$222/sqft
        Source: NGLRMLS #1935144 Report a problem
        7/23/2025Price change$364,000-1.4%$225/sqft
        Source: NGLRMLS #1935144 Report a problem
        6/14/2025Listed for sale$369,000+89.2%$228/sqft
        Source: NGLRMLS #1935144 Report a problem
        1/17/2025Sold$195,000-12.9%$121/sqft
        Source: NGLRMLS #1925121 Report a problem
        11/8/2024Price change$224,000-1.5%$139/sqft
        Source: NGLRMLS #1925121 Report a problem
        11/4/2024Price change$227,500-5.2%$141/sqft
        Source: NGLRMLS #1925121 Report a problem
        8/29/2024Price change$239,900-3.1%$148/sqft
        Source: NGLRMLS #1925121 Report a problem
        7/24/2024Listed for sale$247,500-1%$153/sqft
        Source: NGLRMLS #1925121 Report a problem
        7/22/2024Listing removed--
        Source: NGLRMLS #1917321 Report a problem
        5/7/2024Price change$249,900-7.1%$155/sqft
        Source: NGLRMLS #1917321 Report a problem
        4/17/2024Price change$269,000-3.9%$166/sqft
        Source: NGLRMLS #1917321 Report a problem
        4/3/2024Price change$279,900-3.4%$173/sqft
        Source: NGLRMLS #1917321 Report a problem
        3/15/2024Price change$289,900-3.3%$179/sqft
        Source: NGLRMLS #1917321 Report a problem
        11/3/2023Listed for sale$299,900+165.4%$186/sqft
        Source: NGLRMLS #1917321 Report a problem
        4/13/2015Sold$113,000-13%$70/sqft
        Source: Public Record Report a problem
        2/11/2013Listing removed$129,900$80/sqft
        Source: SKI AND SHORE REAL ESTATE #1738679 Report a problem
        8/15/2012Listed for sale$129,900+44.5%$80/sqft
        Source: SKI AND SHORE REAL ESTATE #1738679 Report a problem
        6/15/2012Listing removed$89,900$56/sqft
        Source: Keller Williams - Greater Grand Traverse #1734154 Report a problem
        3/23/2012Listed for sale$89,900$56/sqft
        Source: Keller Williams - Greater Grand Traverse #1734154 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,309 +6.1%$119,600 +6.2%
        2024$1,233 +6.8%$112,600 +31.9%
        2023$1,154 $85,400 +10.2%
        2022-- $77,500 +13.3%
        2021-- $68,400 -1.4%
        2020-- $69,400 +26.9%
        2017$1,088 $54,700 +14.7%
        2016-- $47,700 +1.9%
        2015-- $46,800 -7.9%
        2014-- $50,800 +7.6%
        2013-- $47,200 -3.1%
        2011-- $48,700 -0.5%
        2010-- $48,950
        Find assessor info on the county website

        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.
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        Climate risks

        Neighborhood: 49648

        Getting around

        12 / 100
        Car-Dependent
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Elk Rapids Schools

        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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