Pending

Price cut: $29.1K (8/27)

$249,900

9523-25 Terry St, Lake, MI 48632

4beds

1,084sqft

$1,757/mo

Get pre-qualified

Single Family Residence

Built in 1920

0.28 Acres Lot

$-- Zestimate^®

$231/sqft

$-- HOA

What's special

New dock

Seller is motivated this is a great deal for the savvy shopper, it is a waterfront BOGO or 2fer. Two cottages on the beach each with rental history. This property has a great peninsula view of Perch Lake with over 200ft of waterfrontage. Both have had recent updates including a new deck, flooring, kitchen and shower in the larger cabin, the smaller cabin has central air and a fireplace Both have spectacular views with walls of windows facing the lake. Step out onto the sandy beach ready for swimming or onto the new dock and and take your boat out. One for you and one for a friend or stay in one rent the other or rent both, the options are endless. Great recreation area with a short walk to Lake Station for ice cream or a trip to the General Store. The Pere Marquette rail to trail is a 1/4 mile away for all season hiking, biking or snowmobiling

267 days
85
3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 4

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Microwave, Oven, Range, Refrigerator
Laundry: None

Features

Eat-in Kitchen
Flooring: Carpet, Laminate, Linoleum
Basement: Crawl Space,Slab
Number of fireplaces: 1
Fireplace features: Living Room

Interior area

Total structure area: 1,084
Total interior livable area: 1,084 sqft

Property

Accessibility

Accessibility features: Accessible Approach with Ramp, Covered Entrance, Accessible Entrance

Features

Stories: 1
On waterfront: Yes
Waterfront features: Lake
Body of water: Perch Lake

Lot

Size: 0.28 Acres
Dimensions: 27 x 157 x 11 x 44 x 53 x 80 x 15
Features: Level, Cul-De-Sac

Details

Parcel number: 01325901003

Construction

Type & style

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

Materials

Aluminum Siding, Wood Siding
Roof: Asphalt

Condition

New construction: No
Year built: 1920

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected

Community & HOA

Location

Region: Lake

Financial & listing details

Price per square foot: $231/sqft
Tax assessed value: $87,200
Annual tax amount: $2,760
Date on market: 1/23/2026
Listing terms: Cash,Conventional
Electric utility on property: Yes
Road surface type: Unimproved

Estimated market value

Not available

Estimated sales range

Not available

$1,450/mo

Price history

Date	Event	Price
10/15/2026	Pending sale	$249,900$231/sqft
Source: MichRIC #26002792 Report a problem
9/6/2026	Contingent	$249,900$231/sqft
Source: MichRIC #26002792 Report a problem
8/27/2026	Price change	$249,900-10.4%$231/sqft
Source: MichRIC #26002792 Report a problem
8/7/2026	Price change	$279,000-7%$257/sqft
Source: MichRIC #26002792 Report a problem
8/1/2026	Listed for sale	$299,900-7.7%$277/sqft
Source: MichRIC #26002792 Report a problem
1/23/2026	Listed for sale	$325,000$300/sqft
Source: MichRIC #26002792 Report a problem
12/31/2025	Listing removed	$325,000$300/sqft
Source: MichRIC #25031836 Report a problem
7/1/2025	Listed for sale	$325,000+62.6%$300/sqft
Source: MichRIC #25031836 Report a problem
1/5/2023	Listing removed	--
Source: MichRIC #22021982 Report a problem
10/3/2022	Listed for sale	$199,900$184/sqft
Source: MichRIC #22021982 Report a problem
8/1/2022	Pending sale	$199,900$184/sqft
Source: MichRIC #22021982 Report a problem
7/26/2022	Price change	$199,900-11.2%$184/sqft
Source: MichRIC #22021982 Report a problem
6/3/2022	Listed for sale	$225,000$208/sqft
Source: MichRIC #22021982 Report a problem