Sold for $450,000

$450,000

7840 Twin Lakes Rd, Toivola, MI 49965

3beds

1,400sqft

Single Family Residence

Built in 2007

1.3 Acres Lot

$443,200 Zestimate^®

$321/sqft

$1,980 Estimated rent

Home value

$443,200

$421,000 - $465,000

$1,980/mo

Zestimate^® history

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$1,980/mo

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$3,015/mo

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$3,015/mo

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What's special

Gas fireplaceBarrel saunaCrystal-clear spring-fed waterHigh-efficiency natural gas heatOpen floor planPrivate double lotGradually sloping shoreline

Twin Lakes Lakefront Home – Enjoy nearly 200 feet of private, level frontage on beautiful Lake Gerald, one of the most peaceful lakes in the Twin Lakes chain. Crystal-clear, spring-fed water, a gradually sloping shoreline, and excellent fishing make this an ideal getaway. This custom-built 3-bedroom, 2-bath home (2007) features an open floor plan, gas fireplace, central air, high-efficiency natural gas heat, and a wraparound deck with panoramic lake views. The private double lot offers room to relax or expand, while the 30' × 42' pole barn with electricity and concrete floor provides outstanding storage for boats, ATVs, snowmobiles, and more. Unwind in the barrel sauna after a day on the lake or trails. Offered furnished, including extra equipment in the pole barn. Minutes from golf, trails, the Porcupine Mountains, and all the recreation the Keweenaw has to offer. Turnkey and ready to enjoy! **12 HOUR NOTICE REQUIRED ON ALL SHOWINGS** Pre-Approved Buyers Only

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Bedroom 1

Level: Entry
Area: 168
Dimensions: 14 x 12

Bedroom 2

Level: Entry
Area: 140
Dimensions: 14 x 10

Bedroom 3

Level: Entry
Area: 110
Dimensions: 10 x 11

Bathroom 1

Level: Entry

Bathroom 2

Level: Entry

Great room

Level: Entry
Area: 560
Dimensions: 20 x 28

Heating

Forced Air, Propane

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
Laundry: Entry

Features

Basement: Crawl Space
Number of fireplaces: 1
Fireplace features: Gas, Great Room

Interior area

Total structure area: 1,400
Total interior livable area: 1,400 sqft
Finished area above ground: 1,400
Finished area below ground: 0

Property

Features

Levels: One
Stories: 1
Patio & porch: Deck
On waterfront: Yes
Waterfront features: All Sports Lake, Lake Front, Waterfront
Body of water: Lake Gerald of Twin Lakes
Frontage length: 195

Lot

Size: 1.3 Acres
Dimensions: 56628

Details

Additional structures: Pole Barn
Parcel number: 00516402565
Special conditions: Private

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Vinyl Siding

Condition

Year built: 2007

Utilities & green energy

Sewer: Septic Tank
Water: Private Well

Community & HOA

Community

Subdivision: N/A

HOA

Has HOA: No

Location

Region: Toivola

Financial & listing details

Price per square foot: $321/sqft
Tax assessed value: $319,218
Annual tax amount: $4,550
Date on market: 6/26/2026
Cumulative days on market: 29 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Road surface type: Gravel

Price history

Date	Event	Price
8/19/2026	Sold	$450,000-5.3%$321/sqft
Source: MiRealSource #50212945 Report a problem
7/25/2026	Pending sale	$475,000$339/sqft
Source: MiRealSource #50212945 Report a problem
7/10/2026	Price change	$475,000-4%$339/sqft
Source: MiRealSource #50212945 Report a problem
6/26/2026	Listed for sale	$495,000+10.2%$354/sqft
Source: MiRealSource #50212945 Report a problem
11/6/2022	Listing removed	--
Source: Owner Report a problem
8/6/2022	Listed for sale	$449,000$321/sqft
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,216 +5%	$159,609 +9.1%
2024	$3,063	$146,288 +15.2%
2023	--	$126,951 +11.7%
2022	--	$113,631 -1.5%
2021	--	$115,388 -1.9%
2020	--	$117,635 -11.5%
2019	--	$132,887 +7.7%
2018	--	$123,357 +5.7%
2017	--	$116,679 +2.1%
2016	--	$114,279 -1.9%
2015	--	$116,445 +2.3%
2014	--	$113,824 +1.8%
2013	--	$111,811
2012	--	$111,811 +2%
2011	--	$109,655 -1.2%
2010	--	$111,026