1 month on rocket

11425 W Ludington Dr, Lake, MI, 48632

$650,000

Home List Price

$7,719*

Closing Credit

8 Bedrooms
1 Full Bath
1,508 SqFt
$431/SqFt
House
Schools Nearby

Location

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11425 W Ludington Dr, Lake$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGravel, Detached
Year Built1940
HeatingPropane, Forced Air, Wall Furnace
CoolingGas, Central Air, Wall Unit(s)
WaterfrontNone, Waterfront
FireplaceNone
MLS #1920525
Lot Size44.00 Acres
StatusActive

About 11425 W Ludington Dr

If you are looking for a property that will generate income where you can live as well, then the possibilities are ENDLESS with this turn key home/business. High visibility with great location just west of Farwell on US 10/Ludington drive in western Clare County. For more information on this property, and to view additional photos, please refer to commercial listing MLS 1910141, 11425 W Ludington Drive, Lake MI. The Rails to Trails runs through the property, so there is all kinds of foot/biking traffic as well. This 44 acre property is currently used as a campground, with 84 total camp sites; 66 of the sites have access to utilities. There is a total gross building area of 13,104 SF, with 2,704 sq ft of that designated to the Pavilion which includes bathrooms and a kitchen area. Also included in the gross building area is a 1508 sq ft home/bunk house that could service grounds keeper or owners. There is an additional 2200 sq ft storage barn, as well as several other smaller buildings, totaling 5 in all. Also on the property is a large 30x60 3ft to 9ft deep inground heated pool with updates done in 2022 with new cover. Think Big! Other possible uses for this property could be an Event Venue, some type of outdoor restaurant-BBQ, or Food Truck site. Additional rustic camping sites or Yurts could possibly be added.

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Year Built: 1940
  • Living Area: 1,508 SqFt

Listing Office:

  • Office Name: CENTURY 21 SIGNATURE REALTY - CLARE
  • Listing Agent: Lori Gamble

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range
  • Interior: Other, Drywall, Paneling
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Waterfront: None, Waterfront
  • Exterior: In Ground Pool, Sidewalk, Countryside View, Other, Porch, Aluminum, Wood

Parking Information:

  • Attached Garage: No
  • Parking: Gravel, Detached

Lot Features

Lot Information:

  • Lot: Cleared, Level
  • Lot Size: 44.00 Acres

Utilities

Utilities Information:

  • Heating: Propane, Forced Air, Wall Furnace
  • Cooling: Gas, Central Air, Wall Unit(s)

Other

Directions Information:

  • Directions: Heading west through Lake on Ludington Drive, property located on the south side of road past west of Partridge Avenue.

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
  • Price Per SqFt: $431/SqFt
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Housing Market Comparison

See how this home compares to others in Lake, MI.

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Lake, MI

City

Med. Sold Price

$124.5K

Med. Price/SqFt

$111

Avg. Days On Market

93

# of Sold Homes

5

11425 W Ludington Dr vs Lake

32 DAYS ON ROCKET

-61 Days

$650,000

+$525.4K More

$431/SqFt

+$319 More

KEY TAKEAWAY

This property is $525.4K more than the Median Sold Price and $319/SqFt more than other homes in Lake, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CMIAR
  • MLS Number: #1920525

Listing Office:

  • Office Name: CENTURY 21 SIGNATURE REALTY - CLARE
  • Listing Agent: Lori Gamble

Copyright © 2024 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 4:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1384339
3
/10

  • Barryton Elementary School

  • 19701 30th Ave

  • 9.33 miles

  • Public District Grades PK-4

school-card-donut-1384340
7
/10

  • Evart Elementary School

  • 515 N Cedar St

  • 9.70 miles

  • Public District Grades PK-4

school-card-donut-1384341
2
/10

  • Farwell Elementary School

  • 268 E Ohio St

  • 10.95 miles

  • Public Magnet Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,204. Residents of Lake, MI typically earn less than $35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 11425 W Ludington Dr

What is the listing price of this property?

The listing price of 11425 W Ludington Dr property is $650,000.

What type of property is this?

The property 11425 W Ludington Dr is a house located in Lake, Michigan, 48632.

Is this property for sale now?

Active Listing: 11425 W Ludington Dr is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 11425 W Ludington Dr has 8 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 11425 W Ludington Dr is 1,508 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 11425 W Ludington Dr is 1940.

Rocket Homes›Michigan›Clare County›Lake›48632›11425 W Ludington Dr

This home is located at 11425 W Ludington Dr in Lake, MI and zip code 48632. This 1,508 square foot home, which was built in 1940, sits on a 44.00 acre lot. Features: 8 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $650,000.

Lake, MI housing market in March 2024 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 3 sold below. The inventory of homes for sale in Lake, MI between February 2024 and March 2024 increased by 8.3%. The median list price of listings available in March 2024 was $124,550, while the average time on the real estate market was 93 days.

From Rocket Homes Real Estate and based on county public records data.

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