Skip main navigation
For sale
    • $1,100,000

    7489 Terrace Ave, Elk Rapids, MI 49629

    3beds
    1,320sqft
    : 
    $7,373/mo
    Get pre-qualified
    Single Family Residence
    Built in 1920
    3,484 Square Feet Lot
    $1,013,200 Zestimate®
    $833/sqft
    $-- HOA

    What's special

    40 Feet of frontage on Elk Lake. This 3bd/2ba home is located just minutes away from the Harbor Town of Elk Rapids. Close to shopping and dining and the beaches of Lake Michigan. Take off on your boat and explore the entire Chain of Lakes including Lake Skegemog and Torch Lake. Up North Living at it finest!
    20 days
    |
    1,584
    |
    73
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    James Garrow 231-322-6000,

    Bayside Real Estate 231-322-6000

    Source: NGLRMLS,MLS#: 1949025MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Rooms
      • Room types: Great Room
      Primary bedroom
      • Level: Upper
      • Area: 132.25
      • Dimensions: 11.5 x 11.5
      Bedroom 2
      • Level: Upper
      • Area: 97.75
      • Dimensions: 11.5 x 8.5
      Bedroom 3
      • Level: Upper
      • Area: 161
      • Dimensions: 11.5 x 14
      Primary bathroom
      • Features: Shared
      Dining room
      • Level: Main
      • Length: 12.5
      Kitchen
      • Level: Main
      • Width: 13.5
      Living room
      • Level: Main
      • Area: 379.5
      • Dimensions: 23 x 16.5
      Heating
      • Forced Air, Natural Gas, Fireplace(s)
      Appliances
      • Included: None
      • Laundry: Main Level
      Features
      • Solid Surface Counters, Cable TV, High Speed Internet
      • Flooring: Carpet, Other, Tile, Wood, Vinyl
      • Basement: Full,Walk-Out Access,Unfinished
      • Has fireplace: Yes
      Interior area
      • Total structure area: 1,320
      • Total interior livable area: 1,320 sqft
      • Finished area above ground: 1,320
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Parking features: None, Concrete
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One and One Half
      • Stories: 1
      • Patio & porch: Deck
      • Has view: Yes
      • View description: Water
      • Water view: Water
      • Waterfront features: Inland Lake, All Sports, Sandy Bottom
      • Body of water: Elk Lake
      • Frontage type: Waterfront
      • Frontage length: 40
      Lot
      • Size: 3,484 Square Feet
      • Dimensions: 41 x 98 x 40 x 94
      • Features: Wooded, Sloped, Metes and Bounds
      Details
      • Additional structures: None
      • Parcel number: 050647501300
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame, Vinyl Siding, Brick
      • Foundation: Block, Stone
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Private

      Community & HOA

      Community
      • Features: None
      • Subdivision: None
      HOA
      • Services included: None
      Location
      • Region: Elk Rapids

      Financial & listing details

      • Price per square foot: $833/sqft
      • Tax assessed value: $144,488
      • Annual tax amount: $4,234
      • Price range: $1.1M - $1.1M
      • Date on market: 8/7/2026
      • Cumulative days on market: 20 days
      • Listing agreement: Exclusive Right Sell
      • Listing terms: Conventional,Cash
      • Ownership type: Private Owner
      • Road surface type: Concrete

        Estimated market value

        $1,013,200

        $963,000 - $1.06M

        $1,735/mo

        Price history

        DateEventPrice
        8/7/2026Listed for sale$1,100,000$833/sqft
        Source: NGLRMLS #1949025 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,234 +48.9%$264,800 +10.6%
        2024$2,843 +6.8%$239,400 +19.6%
        2023$2,661 $200,100 +31.3%
        2022-- $152,400 +7%
        2021-- $142,400 +4.5%
        2020-- $136,300 +14.4%
        2017$2,430 $119,100 +5.2%
        2016-- $113,200 +3.3%
        2015-- $109,600 -3.4%
        2014-- $113,500 +1.7%
        2013-- $111,600 -1.2%
        2011-- $113,000 -8%
        2010-- $122,800
        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.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 49629

        Getting around

        10 / 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.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby zip codes

              Other Rapid City Topics

                Search
                Updates
                Favorites
                Plan
                Inbox