LAKE HOUSE ON WALLACE!!!, WITH 229 FEET OF PRIVATE SHORELINE. Welcome to this stunning lakefront chalet, offering 229 feet of private frontage on all-sports Big Norway Lake. Tucked away on 1.12 wooded acres, this home is the perfect escape for those seeking peace, privacy, and year-round outdoor enjoyment. Inside, the main level features approximately 1,300 square feet of open-concept living, with a spacious kitchen and large island that flows seamlessly into the dining area and vaulted-ceiling great room. A beautiful split-stone wood-burning fireplace anchors the space, while floor-to-ceiling windows provide sweeping views of the lake and surrounding nature. A first-floor bedroom offers main-level living, and a flexible front room serves well as a foyer, office, or cozy sitting area. Upstairs, a large open loft provides a private suite complete with an en suite bath and a serene reading nook overlooking the water—perfect for relaxing or working from home with a view. The fully finished walk-out basement adds an additional 700 square feet of living space, ideal for a family room, game area, or guest quarters. Just outside, a spacious patio invites you to enjoy lakeside evenings, summer BBQs, and quiet mornings surrounded by nature. Comfort is ensured in every season with a ductless mini-split system for efficient heating and cooling, a wood stove, and electric baseboard heat. Andersen windows and extra insulation contribute to the home's energy efficiency, while a whole-house Generac generator and security system provide peace of mind. The property also includes a two-car garage for storing vehicles, boats, or recreational gear, and high-speed wireless internet from ISP Management keeps you connected whether you're working remotely or streaming by the fire.
Sold for $390,000
$390,000
8046 Wallace Dr, Lake, MI 48632
2beds
2,000sqft
Single Family Residence
Built in 2007
1.12 Acres Lot
$-- Zestimate®
$195/sqft
$1,942 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,942/mo
Zestimate® history
Owner options
List your home for rent
$1,942/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,942/mo
Rent Zestimate®
Refinance and save
$2,503/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,503/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Wooded acresLarge islandFully finished walk-out basementLarge open loftFirst-floor bedroomExtra insulationElectric baseboard heat
Zillow last checked:
Listing updated:
Listed by:
Andrew Granger,
CUMMINGS REALTY
Bought with:
Betsy Kirkby, 6506047778
ERA Greater North Properties
Source: MiRealSource,MLS#: 50176319
Originating MLS: Clare Gladwin Board of REALTORS
Originating MLS: Clare Gladwin Board of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
Rooms
- Room types: Entry, Master Bathroom, Basement Full Bath, Bathroom, Master Bedroom
Bedroom 1
- Level: Upper
- Area: 228
- Dimensions: 19 x 12
Bedroom 2
- Area: 132
- Dimensions: 12 x 11
Bathroom 1
- Level: Main
Bathroom 2
- Level: Upper
Bathroom 3
- Level: Lower
Heating
- Baseboard, Electric, Propane, Wood, Forced Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Range/Oven, Washer, Water Softener Owned, Electric Water Heater
Features
- High Ceilings, Sump Pump
- Basement: Finished,Full,Exterior Entry,Walk-Out Access,Concrete,Sump Pump
- Number of fireplaces: 1
- Fireplace features: Great Room
Interior area
- Total structure area: 2,252
- Total interior livable area: 2,000 sqft
- Finished area above ground: 1,300
- Finished area below ground: 700
Property
Parking
- Total spaces: 3
- Parking features: 3 or More Spaces, Detached
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Balcony
- Has view: Yes
- View description: Water, Lake, Rural View
- Has water view: Yes
- Water view: Water,Lake
- Waterfront features: All Sports Lake, Waterfront
- Body of water: Big Norway Lake
- Frontage length: 210
Lot
- Size: 1.12 Acres
- Dimensions: 217 x 335
- Features: Deep Lot - 150+ Ft., Large Lot - 65+ Ft., Dead End, Rural, Irregular Lot, Bluff
Details
- Additional structures: Shed(s), Garage(s)
- Parcel number: 00900230018
- Zoning description: Residential
- Special conditions: Private
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Chalet
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Shingle Siding
- Foundation: Basement, Concrete Perimeter
Condition
- New construction: No
- Year built: 2007
Utilities & green energy
- Sewer: Septic Tank
- Water: Private Well
Community & HOA
Community
- Features: Beach Area, Boat Dock
- Subdivision: Freeman Twp
HOA
- Has HOA: No
- Amenities included: Playground
Location
- Region: Lake
Financial & listing details
- Price per square foot: $195/sqft
- Tax assessed value: $289,122
- Annual tax amount: $2,818
- Date on market: 5/29/2025
- Cumulative days on market: 86 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2025 | Sold | $390,000-1.3%$195/sqft |
Source:  MiRealSource #50176319 Report a problem | ||
| 7/31/2025 | Pending sale | $395,000$198/sqft |
Source: MiRealSource #50176319 Report a problem | ||
| 6/27/2025 | Price change | $395,000-4.1%$198/sqft |
Source: MiRealSource #50176319 Report a problem | ||
| 5/29/2025 | Listed for sale | $412,000$206/sqft |
Source: MiRealSource #50176319 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,510 | $144,561 +16.8% |
| 2023 | -- | $123,754 +0.7% |
| 2022 | -- | $122,903 +15.8% |
| 2021 | -- | $106,120 +0.1% |
| 2020 | -- | $105,972 +6.1% |
| 2019 | -- | $99,885 -2.1% |
| 2018 | -- | $102,067 +2.3% |
| 2017 | -- | $99,799 +10.5% |
| 2016 | -- | $90,295 +11% |
| 2015 | -- | $81,365 -22.8% |
| 2014 | -- | $105,400 +10.1% |
| 2013 | -- | $95,700 |
Find assessor info on the county website
Neighborhood: 48632
Nearby homes
- $243,200-- bd-- ba-- sqft8046 Wallace Dr, Lake, MI 48632Off Market
- $346,4002 bd3 ba1.4k sqft8058 Wallace Dr, Lake, MI 48632Off Market
- $66,0000.71 AcresV/l 8046 Wallace Dr, Lake, MI 48632Sold
- $419,9004 bd2 ba3.7k sqft748 Connie Dr, Lake, MI 48632Off Market
- $39,310-- bd-- ba-- sqft8037 Wallace Dr, Lake, MI 48632Off Market
- $250,0002 bd2 ba1.3k sqft651 Connie Dr, Lake, MI 48632Sold
- $252,200-- bd-- ba-- sqft655 Connie Dr, Lake, MI 48632Off Market
- $230,500-- bd-- ba-- sqft671 Connie Dr, Lake, MI 48632Off Market
Nearby schools
GreatSchools rating
- 4/10Farwell Elementary SchoolGrades: PK-3Distance: 12 mi
- 7/10Farwell High SchoolGrades: 8-12Distance: 12.1 mi
- 4/10Farwell Middle SchoolGrades: 4-7Distance: 12.1 mi
Schools provided by the listing agent
- District: Farwell Area Schools
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Michigan
- Clare County
- Lake
- 48632
- 8046 Wallace Dr
Nearby cities
Nearby zip codes
Other Lake Topics
