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602 King Street S, Lake City, MI 49651

$499,900.00
  • 602 King Street S, Lake City, MI 49651 Main Photo

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New to the Market New
BEDS3 BATHS2 SQUARE FEET1,384 MLS#1944272
STATUSNew PROPERTY TYPEResidential - Single Family SUBDIVISIONMI SCHOOLLake City Area School District

Property Description

Welcome to one of the most unique opportunities in Lake City. This newly built 3-bedroom, 2-bath home offers the perfect blend of modern construction and flexible use, all within walking distance to Miltner Park and the beautiful shoreline of Lake Missaukee. Whether you are looking for a full-time residence, vacation getaway, or investment property, this home was thoughtfully designed to meet a variety of needs. Built with short-term rental potential in mind, the layout allows for easy conversion into a duplex, featuring separate heating units for each side. This creates an ideal setup for generating income while maintaining privacy and comfort. Inside, youâ??ll find warm pine tongue-and-groove finishes throughout, paired with high ceilings in the bedrooms that give the home an open, inviting feel. The upstairs windows provide a peaceful view overlooking the lake, adding to the overall Northern Michigan charm. Step outside and enjoy a level of privacy rarely found this close to town, enhanced by a city-approved variance for the fenced yard. Just a short walk brings you to the heart of the community, where you can enjoy beach days, local events, and everything that makes Lake City special. Known for its all-sports lake and hosting one of the most celebrated Fourth of July events in Northern Michigan, this area continues to draw attention from both homeowners and investors alike. With fewer than five homes built after 2020 having sold in Lake City, opportunities like this are incredibly limited. Located on Lakeshore Drive, an area that has consistently shown strong value growth, this property represents not only a place to live or vacation, but a smart long-term investment in a thriving market.

Property Features

Property Type: Residential - Single Family
Basement: Slab
Home Style: 2 Story, 2 Story
Lot Size: 0.34 Acres
Roof Type: Asphalt
Year Built: 2026

Feature Descriptions

Above Ground Finished SQFT: 1384
Appliance(s)/Equipment: Refrigerator, Oven/Range, Washer, Dryer
Construction: Frame
Heating/Cooling: Forced Air
Heating/Cooling Source: Natural Gas
Interior: Other, Vaulted Ceilings
Lot: Metes and Bounds
Lot Dimensions: 100x148
Outbuilding(s): Yes
Road: Blacktop
Sewer: Municipal
Water: Municipal
Water Features: Water View
Waterfront Type: No

Room Sizes

Primary Bedroom: 19'6x15'
Kitchen: 7x6
Living Room: 13'6x11'6

Local Schools

School District: Lake City Area School District

Listed By / Shown By

Listed By

Agency Name: Five Star Real Estate (Lake City)
Agency Phone: 231-920-7579

Shown By

Agency Title: Remerica Real Estate
Agency Phone: 734-459-4500

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Estimated Payment

$ 2,055.08 per month $1,909.28 Principal & Interest $0.00 Property Tax (data not provided by mls) $145.80 Homeowner's Insurance

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