Discover a unique investment opportunity on this private island overlooking Reibeck Lake. While some work may be required, the potential returns make it a worthwhile endeavor. This rustic cottage, set in a secluded environment, offers waterfront access connecting to Mead and Turner on a vast 120-acre property for fishing and relaxation. Additional features include a private dock, two sheds for convenient storage, and the property is being sold completely furnished. The turnkey cottage combines rustic charm with modern comforts, making it an inviting retreat. Whether for personal enjoyment or as an Airbnb investment, the property strikes a perfect balance between accessibility and seclusion. Uncover the hidden potential of this one-of-a-kind island oasis, call today!
Sold
$65,000
7592 Hakes Rd, Reading, MI 49274
3beds
1,120sqft
Single Family Residence
Built in 1900
1.61 Acres Lot
$118,700 Zestimate®
$58/sqft
$1,432 Estimated rent
Home value
$118,700
$81,000 - $166,000
$1,432/mo
Zestimate® history
Owner options
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$1,432/mo
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$1,432/mo
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$327/mo
Est. payment
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$327/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Mary Playford 517-849-7622,
Playford Real Estate
Bought with:
Samantha Moore, 6501451119
Playford Real Estate
Source: MichRIC,MLS#: 24002416
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Primary bathroom
- Level: Main
Family room
- Level: Main
Kitchen
- Level: Main
Heating
- Baseboard
Appliances
- Included: Microwave, Oven, Refrigerator
- Laundry: None
Features
- Flooring: Carpet
- Windows: Replacement, Garden Window
- Basement: Crawl Space
- Has fireplace: No
- Fireplace features: Family Room, Wood Burning
Interior area
- Total structure area: 1,120
- Total interior livable area: 1,120 sqft
Property
Features
- Stories: 1
- On waterfront: Yes
- Waterfront features: Lake
- Body of water: Riebeck Lake
Lot
- Size: 1.61 Acres
- Features: Recreational, Wooded, Rolling Hills, Shrubs/Hedges
Details
- Parcel number: 30100314000053174 & 30100314000043174
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Available, Cable Available, Phone Connected
Community & HOA
Location
- Region: Reading
Financial & listing details
- Price per square foot: $58/sqft
- Tax assessed value: $11,500
- Annual tax amount: $126
- Date on market: 1/9/2024
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Unimproved
Price history
| Date | Event | Price |
|---|---|---|
| 3/14/2024 | Sold | $65,000-10.8%$58/sqft |
Source:  MichRIC #24002416 Report a problem | ||
| 2/25/2024 | Pending sale | $72,900$65/sqft |
Source: MichRIC #24002416 Report a problem | ||
| 1/9/2024 | Listed for sale | $72,900+21.7%$65/sqft |
Source: MichRIC #24002416 Report a problem | ||
| 5/27/2022 | Listing removed | -- |
Source:  MiRealSource #70201470 Report a problem | ||
| 3/10/2022 | Pending sale | $59,900$53/sqft |
Source: MichRIC #21026766 Report a problem | ||
| 8/18/2021 | Listed for sale | $59,900$53/sqft |
Source: MichRIC #21026766 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $525 +3.8% | $14,600 +21.7% |
| 2024 | $506 -42.6% | $12,000 +4.3% |
| 2023 | $882 | $11,500 -66.6% |
| 2022 | -- | $34,400 +1.5% |
| 2021 | $864 +2.8% | $33,900 +2.1% |
| 2020 | $841 +1.3% | $33,200 +8.9% |
| 2019 | $830 +5.9% | $30,500 +8.5% |
| 2018 | $784 +0.7% | $28,100 -0.7% |
| 2017 | $779 +291.5% | $28,300 |
| 2016 | $199 | $28,300 |
| 2015 | $199 +3.2% | $28,300 +1% |
| 2013 | $193 +2.4% | $28,020 +2% |
| 2012 | $188 +1.7% | $27,480 -3.7% |
| 2011 | $185 +1.7% | $28,550 +7.7% |
| 2010 | $182 | $26,520 |
Find assessor info on the county website
Neighborhood: 49274
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Nearby schools
GreatSchools rating
- 6/10Reynolds Elementary SchoolGrades: K-6Distance: 3.9 mi
- 5/10Reading High SchoolGrades: 7-12Distance: 3.7 mi
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Estimated market value
$118,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$118,700
- Michigan
- Hillsdale County
- Reading
- 49274
- 7592 Hakes Rd
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