Acreage, Lake Access, Garage
Walk to Sand Lake, Buildable Second Lot Included — $145,000
6
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 7 | 0.8-acre double lot, walk to Sand Lake, RV hookup, buildable vacant lot adjacent |
| Condition | 25% | 5 | No system dates given; forced air and block crawl noted; no major red flags described |
| Price / Sq Ft | 15% | 8 | Listing $138/sqft vs zip median $217/sqft — 36% below; 4 comps, directional only |
| Price vs. Market | 5% | 6 | $145K vs $199,900 median — roughly 27% below zip median |
| Market Conditions | 5% | 6 | DOM 40 days, sale-to-list 102.1% competitive but 37.5% price drops signal mixed market |
The price is where to start. At $138 per square foot, this house comes in 36% below the zip code median and about $55,000 under the area's median sale price. For a small house on a double lot with a lake a short walk away, that gap is the story.
The house itself is a 1977 three-bedroom, one-bath sitting on 0.8 acres split across two parcels. At 1,052 square feet it runs small, but the layout puts the primary bedroom on the main floor with a barrier-free bathroom attached, and the two upstairs bedrooms share a half bath. Forced air heat, block crawl space foundation, no system dates provided in the listing. The condition score reflects that uncertainty more than any documented problem. What you get is a house that needs to be looked at in person to know where you stand.
What you also get is the second lot, which is where the math gets interesting. It is buildable. That means a garage, a workshop, or a separate structure depending on what the county allows. The RV hookup and campfire ring already sitting on the property suggest the family was using this as a retreat, and the setup lends itself to that. A place to pull in a trailer, a fire ring, some trees around you, and Sand Lake a short walk out the front. Tippy Dam is a quick drive. Lake Michigan is 25 minutes.
The house has been a family getaway that stopped getting used. That usually means deferred attention, so go in expecting to find things. The listing gives nothing on mechanicals or when anything was last touched, which is a real gap at any price.
What the price makes possible is buying in at a level where the second lot alone holds long-term value, and where you have room to absorb what the inspection turns up without the whole thing falling apart financially. That is the case for looking hard at this one.
