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For sale
    • Price cut: $205K (7/12)
    $2,695,000

    8431 Drake Ln, Williamsburg, MI 49690

    4beds
    3,340sqft
    : 
    $17,795/mo
    Get pre-qualified
    Single Family Residence
    Built in 1995
    1.15 Acres Lot
    $2,520,300 Zestimate®
    $807/sqft
    $-- HOA

    What's special

    Gorgeous stone fireplaceMature hardwoodsIsland with bar seatingScreened porchSpacious great roomInviting waterfront homeAbundant natural light
    128’ OF ELK LAKE FRONTAGE ON DESIRABLE SKEGEMOG POINT. Welcome to your own piece of northern Michigan paradise in a premier Elk Lake location. Set on 1.15 peaceful acres with mature hardwoods, this inviting waterfront home captures the very best of relaxed northern Michigan living. The spacious great room features warm wood ceilings, a gorgeous stone fireplace, expansive picture windows, abundant natural light, and a welcoming “up north” feel. The gourmet kitchen offers colorful custom cabinetry, stainless appliances, an island with bar seating, and beautiful flow to the dining area with views of the private frontage. Designed for gathering, the home offers 4 bedrooms, 3 ½ baths, and over 3,340 square feet of living space, plus a generous family room with fireplace, custom bookshelves, and a wall of windows. The screened porch is sure to become a favorite spot for lively game nights, morning coffee, or quiet afternoons with a book. Step outside to the deck for summer barbecues while listening to the waves along the shoreline, then end the day around the firepit roasting marshmallows and sharing stories under the stars. Additional highlights include a 2-car detached garage with shop space and an unfinished upper level ready for storage, a hobby room, studio, or future finishing plans. The home also features a Generac whole-house generator, main-floor laundry and a partially finished lower level. This exceptional four-season location offers all the best of northern Michigan. Cruise the miles of Elk Lake shoreline, head to Lake Skegemog for a day of fishing, head to Torch Lake for dinner or ice cream, or boat into the charming Village of Elk Rapids. Privacy, frontage, location, and lifestyle come together beautifully here — a picture-perfect setting for making a lifetime of cherished lake memories.
    79 days
    |
    1,760
    |
    93
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Donald Fedrigon Cell:231-218-8400,

    REMAX Of Elk Rapids 231-264-5400

    Source: NGLRMLS,MLS#: 1944779MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 1
      • 3/4 bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bathrooms: 3
      • Main level bedrooms: 1
      Rooms
      • Room types: Great Room, Workshop
      Primary bedroom
      • Level: Main
      • Area: 210
      • Dimensions: 15 x 14
      Bedroom 2
      • Level: Upper
      • Area: 240
      • Dimensions: 16 x 15
      Bedroom 3
      • Level: Upper
      • Area: 156
      • Dimensions: 13 x 12
      Bedroom 4
      • Level: Upper
      • Area: 210
      • Dimensions: 15 x 14
      Primary bathroom
      • Features: Private
      Dining room
      • Level: Main
      Family room
      • Level: Main
      • Area: 276
      • Dimensions: 23 x 12
      Kitchen
      • Level: Main
      • Area: 196
      • Dimensions: 14 x 14
      Living room
      • Level: Main
      • Area: 351
      • Dimensions: 27 x 13
      Heating
      • Hot Water, Propane, Fireplace(s)
      Appliances
      • Included: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer
      • Laundry: Main Level
      Features
      • Walk-In Closet(s), Kitchen Island, Ceiling Fan(s), Cable TV, High Speed Internet
      • Flooring: Carpet, Wood
      • Basement: Full,Finished Rooms
      • Has fireplace: Yes
      • Fireplace features: Gas
      Interior area
      • Total structure area: 3,340
      • Total interior livable area: 3,340 sqft
      • Finished area above ground: 3,140
      • Finished area below ground: 200
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached, Gravel
      • Garage spaces: 2
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Screened
      • On waterfront: Yes
      • Waterfront features: Inland Lake, All Sports, Sandy Bottom
      • Body of water: Elk Lake
      • Frontage type: Waterfront
      • Frontage length: 128
      Lot
      • Size: 1.15 Acres
      • Features: Wooded, Level, Metes and Bounds
      Details
      • Additional structures: Workshop
      • Parcel number: 281312302135
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Craftsman
      • Property subtype: Single Family Residence
      Materials
      • Frame, Wood Siding
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1995

      Utilities & green energy

      • Sewer: Private Sewer
      • Water: Private

      Community & HOA

      Community
      • Features: None
      • Subdivision: Metes & Bounds
      HOA
      • Services included: None
      Location
      • Region: Williamsburg

      Financial & listing details

      • Price per square foot: $807/sqft
      • Tax assessed value: $425,048
      • Annual tax amount: $17,969
      • Price range: $2.7M - $2.7M
      • Date on market: 5/7/2026
      • Cumulative days on market: 79 days
      • Listing agreement: Exclusive Right Sell
      • Listing terms: Conventional,Cash
      • Ownership type: Private Owner
      • Road surface type: Gravel

        Estimated market value

        $2,520,300

        $2.39M - $2.65M

        $6,340/mo

        Price history

        DateEventPrice
        7/12/2026Price change$2,695,000-7.1%$807/sqft
        Source: NGLRMLS #1944779 Report a problem
        5/7/2026Listed for sale$2,900,000+311.3%$868/sqft
        Source: NGLRMLS #1944779 Report a problem
        2/28/2000Sold$705,000$211/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$17,475 +4.8%$720,500 +5.7%
        2024$16,669 +6.3%$681,400 +30.6%
        2023$15,686 +2.9%$521,800 +22.2%
        2022$15,237 +5.1%$427,000 +7.7%
        2021$14,499 -2.4%$396,300 +4.8%
        2020$14,863 $378,200 +5.5%
        2019$14,863 +2.1%$358,600 +2.3%
        2018$14,556 $350,500 -0.7%
        2017-- $353,000 +1.4%
        2016-- $348,000 +6.8%
        2014-- $325,900 -3.7%
        2012-- $338,300 -3.7%
        2011-- $351,300 +0%
        2010-- $351,200 -9.4%
        2009-- $387,800 -7.5%
        2008-- $419,300 +0.7%
        2007-- $416,210 +7.2%
        2005-- $388,150 +0.5%
        2004-- $386,240 +6.6%
        2003-- $362,370 +16.8%
        2002-- $310,200 +3.9%
        2001-- $298,690 +32%
        2000-- $226,360
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 49690

        Getting around

        0 / 100
        Car-Dependent
        21 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: Cherryland Middle School
        • High: Elk Rapids High School
        • 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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