Experience an extraordinary waterfront estate on beautiful Elk Lake, where luxury, recreation, and timeless craftsmanship come together in one truly remarkable offering. Set on nearly 3 acres, this fully furnished retreat features a stunning 4-bedroom, 3-bath main residence and an equally impressive 1-bedroom, 1-bath guest house with a spacious loft currently configured as a non-conforming bedroom—ideal for hosting family and friends. Both homes showcase beautiful stone fireplaces, beautifully updated kitchens and baths with granite countertops, and quality finishes throughout. The main home offers dual laundry area and a spacious game room designed for year-round entertainment, while the guest house includes its own laundry and an attached one-car garage for added comfort and privacy. Step outside and embrace the coveted Elk Lake lifestyle with a private dock, sand volleyball court, and an expansive garage with a dedicated storage room for all your recreational equipment and seasonal toys. End each day with breathtaking west-facing sunsets reflecting across the crystal-clear waters of Elk Lake—one of Northern Michigan's most cherished waterfront experiences—creating a spectacular backdrop for unforgettable evenings with family and friends. Whether you're gathering generations of family, entertaining guests, or simply enjoying the serenity of Northern Michigan, this exceptional estate delivers a rare blend of luxury, comfort, and waterfront living on one of the region's most sought-after lakes—an opportunity that is seldom available and truly difficult to replicate.
For sale
$3,200,000
8143 Drake Ln, Williamsburg, MI 49690
7beds
4baths
4,875sqft
Multi Family
Built in 1971
-- sqft lot
$2,995,500 Zestimate®
$656/sqft
$208/mo HOA
What's special
Private dockBeautiful stone fireplacesSpacious loftQuality finishes throughoutSand volleyball courtDual laundry area
- 16 days |
- 1,577 |
- 81 |
Zillow last checked:
Listing updated:
Listed by:
Lynne Moon Cell:231-218-6667,
REO-TCRandolph-233022 231-946-4040
Source: NGLRMLS,MLS#: 1947571
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Rooms
- Room types: Great Room, Game Room, Workshop
Heating
- Forced Air, Propane, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan, Propane Water Heater
- Laundry: Laundry Hook-up
Features
- Cathedral Ceiling(s), Walk-In Closet(s), Storage, Beamed Ceilings, Solarium/Sun Room, Kitchen Island, Pantry, Entrance Foyer, Loft, Solid Surface Counters, Granite Counters, Granite Bath Tops, Drywall, Paneling, Ceiling Fan(s), WiFi
- Flooring: Hardwood
- Windows: Blinds, Drapes, Curtain Rods
- Basement: Crawl Space
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 4,875
- Total interior livable area: 4,875 sqft
Video & virtual tour
Property
Parking
- Parking features: Two Car, Detached, Other
Accessibility
- Accessibility features: Main Floor Access, Covered Entrance, Low Threshold Shower, Raised Toilet
Features
- Levels: Two,One
- Stories: 2
- Patio & porch: Deck, Patio, Multi-Level Decking, Porch, Screened, Covered
- Exterior features: Dock
- Has spa: Yes
- Has view: Yes
- View description: Countryside View, Water
- Water view: Water
- Waterfront features: Inland Lake, Lake, All Sports, Deeded Easement, Available for Purchase, Sandy Bottom, Vegetation to Water Edge, Gradual Slope to Water
- Body of water: Elk Lake
- Frontage type: Waterfront
- Frontage length: 135
Lot
- Size: 2.93 Acres
- Dimensions: 700 x 140
Details
- Additional structures: Other
- Parcel number: 1312302800
- Zoning description: Residential,Deed Restrictions
- Wooded area: 60
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch,Lodge,Cottage
- Property subtype: Multi Family
Materials
- Frame, Wood Siding, Shingle Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Green energy
- Energy efficient items: Not Applicable
- Water conservation: Not Applicable
Community & HOA
Community
- Features: None
- Security: Smoke Detector(s)
- Subdivision: N/A
HOA
- HOA fee: $2,500 annually
Location
- Region: Williamsburg
Financial & listing details
- Price per square foot: $656/sqft
- Tax assessed value: $574,000
- Annual tax amount: $18,133
- Price range: $3.2M - $3.2M
- Date on market: 7/3/2026
- Cumulative days on market: 17 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Lease term: Not For Lease
- Road surface type: Gravel, Dirt
Estimated market value
$2,995,500
$2.85M - $3.15M
$5,342/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2026 | Listed for sale | $3,200,000+498.1%$656/sqft |
Source:  NGLRMLS #1947571 Report a problem | ||
| 6/27/1997 | Sold | $535,000$110/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,133 +4.8% | $1,015,100 +5.7% |
| 2024 | $17,296 +6.3% | $960,600 +30.3% |
| 2023 | $16,277 +2.9% | $737,100 +22% |
| 2022 | $15,810 +5.1% | $604,000 +7.7% |
| 2021 | $15,045 -2.4% | $560,700 +4.7% |
| 2020 | $15,423 | $535,300 +5.4% |
| 2019 | $15,423 +2.1% | $507,800 +1.6% |
| 2018 | $15,104 | $499,900 +5.7% |
| 2017 | -- | $472,900 +1.1% |
| 2016 | -- | $467,800 +9.5% |
| 2014 | -- | $427,300 -2.8% |
| 2012 | -- | $439,500 -4% |
| 2011 | -- | $458,000 +0% |
| 2010 | -- | $457,900 -6.8% |
| 2009 | -- | $491,100 -2% |
| 2008 | -- | $501,000 +0.9% |
| 2007 | -- | $496,480 +7.9% |
| 2005 | -- | $460,300 +0.9% |
| 2004 | -- | $456,200 +6.5% |
| 2003 | -- | $428,200 +16.4% |
| 2002 | -- | $367,850 +11.8% |
| 2001 | -- | $328,880 +14.8% |
| 2000 | -- | $286,470 |
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.Climate risks
Neighborhood: 49690
Nearby schools
GreatSchools rating
- NAMill Creek Elementary SchoolGrades: PK-5Distance: 2.6 mi
- 8/10Cherryland Middle SchoolGrades: 6-8Distance: 6.5 mi
- 10/10Elk Rapids High SchoolGrades: 9-12Distance: 6.4 mi
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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