Upper Peninsula lakefront living awaits with this nicely updated cottage on beautiful Lost Lake in Alger County. The property features nearly 11 wooded, surveyed acres, along with lake frontage, offering a peaceful and private setting. The cottage sits right at the water’s edge with beautiful lake views, where you’ll regularly see swans, loons, ducks, and geese, and there's very little boat traffic thanks to the lake’s semi-private nature and lack of public access. A portion of the lake abuts the Hiawatha National Forest. Fishing opportunities include pike, bass, and panfish. A waterfront deck and newer dock provide the perfect place to relax and enjoy the setting. The property also includes a detached garage with workshop space, an additional storage garage, and a shed, providing ample room for tools and toys. Inside, the home features a wonderful primary suite with a private bath and office, along with a cozy kitchen and dining area that opens into the living room with a wood stove. Upstairs are two additional rooms, one currently used as a bedroom and the other as an office that could easily serve as a third bedroom. The propane forced-air furnace is just weeks old, providing excellent efficiency and peace of mind. Additional features include a drilled well, line electric, and laundry. The owners have lived on the property year-round, as have many neighboring residents who work together to maintain and plow the private road to the county-maintained road. Located with convenient access and just a short drive from Munising, this is a peaceful, year-round waterfront retreat on a quality lake that can be enjoyed for many years to come. All offers due June 2nd.
Sold for $383,012
$383,012
N3876 S Lost Lake Rd, Wetmore, MI 49895
2beds
1,361sqft
Single Family Residence
Built in 1977
11 Acres Lot
$383,600 Zestimate®
$281/sqft
$1,737 Estimated rent
Home value
$383,600
Estimated sales range
Not available
$1,737/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
BOB SULLIVAN,
NORTHERN MICHIGAN LAND BROKERS
Bought with:
AMY SCHIEDING, 6502376536
RE/MAX SUPERIORLAND
Source: MiRealSource,MLS#: 50207989
Originating MLS: Upper Peninsula Assoc of Realtors
Originating MLS: Upper Peninsula Assoc of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 1
Bedroom 1
- Level: Main
- Area: 182
- Dimensions: 13 x 14
Bedroom 2
- Level: Upper
- Area: 117
- Dimensions: 9 x 13
Bathroom 1
- Level: Main
- Area: 66
- Dimensions: 11 x 6
Bathroom 2
- Level: Main
- Area: 54
- Dimensions: 6 x 9
Dining room
- Level: Main
- Area: 80
- Dimensions: 8 x 10
Kitchen
- Level: Main
- Area: 88
- Dimensions: 8 x 11
Living room
- Level: Main
- Area: 266
- Dimensions: 19 x 14
Office
- Level: Upper
- Area: 126
- Dimensions: 9 x 14
Heating
- Forced Air, Propane, Wood
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dryer, Refrigerator, Washer, Water Heater
- Laundry: Main Level
Features
- None
- Basement: Block,Crawl Space
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,361
- Total interior livable area: 1,361 sqft
- Finished area above ground: 1,361
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Deck
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Lake Front, Waterfront, Interior Lake
- Body of water: Lost Lake
- Frontage length: 50
Lot
- Size: 11 Acres
Details
- Additional structures: Shed(s), Garage(s)
- Parcel number: 00636501550 and 01551
- Zoning: Lake Shore and River 1
- Zoning description: Other
- Special conditions: Private,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Wood Siding
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Septic Tank
- Water: Private Well
- Utilities for property: Electricity Connected, Propane, Propane Tank Leased
Community & neighborhood
Location
- Region: Wetmore
- Subdivision: Na
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Sold | $383,012+6.4%$281/sqft |
Source:  MiRealSource #50207989 Report a problem | ||
| 6/3/2026 | Pending sale | $360,000$265/sqft |
Source: MiRealSource #50207989 Report a problem | ||
| 5/18/2026 | Price change | $360,000+24.2%$265/sqft |
Source: MiRealSource #50207989 Report a problem | ||
| 10/3/2022 | Listed for sale | $289,900$213/sqft |
Source:  Upper Peninsula AOR #50090310 Report a problem | ||
| 10/3/2022 | Pending sale | $289,900$213/sqft |
Source: Upper Peninsula AOR #50090310 Report a problem | ||
| 9/16/2022 | Listed for sale | $289,900$213/sqft |
Source: Upper Peninsula AOR #50090310 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,952 +4.9% | $140,400 +10.5% |
| 2024 | $2,813 +64.2% | $127,100 +16.9% |
| 2023 | $1,713 +2.2% | $108,700 +22.3% |
| 2022 | $1,675 -0.6% | $88,900 +5.3% |
| 2021 | $1,686 +8.8% | $84,400 +7.1% |
| 2020 | $1,549 +4.6% | $78,800 +14% |
| 2019 | $1,481 +15.8% | $69,100 -12.1% |
| 2018 | $1,278 -36.2% | $78,600 +6.9% |
| 2017 | $2,004 | $73,500 |
| 2016 | $2,004 | $73,500 |
| 2015 | $2,004 -14.2% | $73,500 |
| 2014 | $2,336 +1.8% | $73,500 +1.5% |
| 2013 | $2,295 | $72,400 +5.8% |
| 2012 | -- | $68,400 -3.5% |
| 2011 | $2,201 +0.6% | $70,900 |
| 2010 | $2,189 | $70,900 |
Find assessor info on the county website
Neighborhood: 49895
Nearby schools
GreatSchools rating
- 6/10William G. Mather Elementary SchoolGrades: PK-5Distance: 7.8 mi
- 5/10Munising High And Middle SchoolGrades: 6-12Distance: 8.4 mi
Schools provided by the listing agent
- District: Munising Public Schools
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Michigan
- Alger County
- Wetmore
- 49895
- N3876 S Lost Lake Rd
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