3 months on rocket

461 5th St, Manistee, MI, 49660

$729,900

Home List Price

$8,668*

Closing Credit

6 Bedrooms
6 Full Baths, 1 Partial
4,170 SqFt
$175/SqFt
House
Schools Nearby

Location

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461 5th St, Manistee$729,900

Buyer Closing Credits

$8,668*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Parking Pad
Year Built1874
HeatingHot Water
CoolingWall Unit(s), None
BasementYes
FireplaceWood Burning, Other
MLS #278081
Lot Size0.60 Acres
StatusActive

About 461 5th St

Step back into the Gilded Age with this gorgeous, Victorian home built in the 1870's. Beautifully updated with all of the modern conveniences you desire while maintaining the integrity and style of yesteryear! AMAZING OPPORTUNITY to jump into the ever-growing B&B business (currently licened & transferable) or simply enjoy living in this Grand Victorian masterpiece. The Chandelier Inn is a turnkey home in the heart of Manistee, Michigan that has been meticulously restored and is ready to serve your guests. Similar B&Bs in Northern Michigan are going for upwards of 1 Million+. A blank slate to grow. The baseline is set and the calendar is filling through the summer! YOU HAVE FOUND A DEAL HERE! This magnificent home sits on an oversized lushly landscaped lot in the vacation center of downtown Manistee. The vintage charm is evident in the exquisite details throughout the home. Three large gathering rooms on the main level as well as a 1st floor bedroom, laundry, and butler's pantry. Four more spacious bedrooms greet you on the upper level, each with its own full bath. Bright and airy owner's quarters just down the hall are also accessible by a separate staircase from the spacious kitchen. Extraordinary built-ins and original woodwork appeal throughout the home. The moldings, light fixtures, stained glass, and corbels all add to the character and beauty. Plenty of space for multi-family or in-law living as well. In a prime location that's only walking distance to schools, church, Downtown Manistee, and the gorgeous beaches of Lake Michigan. Here it's always a vacation! Built and once owned by local Lumber Baron's in the 1870s during the height of the lumber "gold rush" in Manistee, each room has a rare design of inlaid cherry, oak, maple, and walnut. The house has been carefully restored to preserve its unique character and charm. Stained glass windows, intricate woodwork and abundant built-ins take you back in time while strolling through this masterful work of art! The library features original parquet flooring and gorgeous built-ins. Each unique room tells its own fascinating story. The separate maid's quarters offer privacy and functionality, leading down to the freshly updated chef's kitchen with a huge walk-in pantry, a Butler's pantry, and a 1st-floor laundry area. Custom lighting throughout the home completed by Bohnet's Lighting takes you back in time, with crystal sconces and chandeliers throughout. The home also includes 3 enterprise access points for multi-guest Wi-Fi, 3 external and 3 internal cameras w/ DVR recording set up and monitor in maids quarters, large 3-canister NuAqua whole house water filtration system at the meter and a deluxe RO water filtration system at the kitchen sink. Outside the newly restored covered, wrap-around porch greets you with blush kisses of love and beauty, to relax and enjoy your coffee or wine upon year-round under the floral chandeliers. Bask in the gardens, take in the lush landscaping and serene sitting areas. Golf courses, public beaches and a riverwalk are minutes away. Tour the lighthouse, historical museum or Center for Arts and grab a piece of this delightful small town. Kayaking and sand dune central for the summer! Booking up for Summer now, this is the perfect time of year to transition into the B&B business. Move right in and hit the ground running! You'll adore all of the elegance and storybook charm "The Chandelier" has to offer. Make this amazing piece of history your own, today! FINANCIALS NOT AVAILABLE (business was just started within the year since renovations were finished). Please request "Exhibit A" for all current rates, reserved and remaining items. All showings require 24-48 hours notice, please. Thank you!

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1874
  • Living Area: 4,170 SqFt

Listing Office:

  • Office Name: Five Star Real Estate - Lansing
  • Office Phone: (616) 531-0028
  • Listing Agent: Amber Redman

Interior Features

Interior Information:

  • Appliances: Microwave, Range Hood, Stainless Steel Appliance(s), Washer/Dryer Stacked, Refrigerator, Gas Range, Dishwasher
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Bookcases, Built-in Features, Entrance Foyer, Granite Counters, High Ceilings, In-Law Floorplan, Kitchen Island, Laminate Counters, Natural Woodwork, Pantry, Primary Downstairs, Recessed Lighting, Soaking Tub, Storage, Tray Ceiling(s), Walk-In Closet(s)
  • Fireplace: Wood Burning, Other

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Garden, Lighting, Rain Gutters, Storage

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, Parking Pad

Lot Features

Lot Information:

  • Lot: Garden, Landscaped, Native Plants, Views, Corner Lot
  • Lot Size: 0.60 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: Wall Unit(s), None

School Info

Assigned Schools Information:

  • John F. Kennedy Elementary School, Public District Grades 4-6

Other

Directions Information:

  • Directions: US 31 to Fifth Street. Home on corner of Fifth and Pine

Price Information

Listing Price Info

Price Summary:

  • List Price: $729,900
  • Price Per SqFt: $175/SqFt
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Housing Market Comparison

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

Med. Sold Price

$229.3K

Med. Price/SqFt

$153

Avg. Days On Market

134

# of Sold Homes

6

461 5th St vs Manistee

108 DAYS ON ROCKET

-26 Days

$729,900

+$500.5K More

$175/SqFt

+$22 More

KEY TAKEAWAY

This property is $500.5K more than the Median Sold Price and $22/SqFt more than other homes in Manistee, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Lansing Association of REALTORS®
  • MLS Number: #278081

Listing Office:

  • Office Name: Five Star Real Estate - Lansing
  • Office Phone: (616) 531-0028
  • Listing Agent: Amber Redman

IDX Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. 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, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

Copyright © 2024 Greater Lansing Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 12:50:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - $133,200
2020 - $135,000
2019 - $124,900
2018 - $135,700
2017 - $126,400

History based on county public records data.

Payment Calculator

$3,710

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,255

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.

Middle School

school-card-donut-2836648
4
/10
  • John F. Kennedy Elementary School

  • 550 Maple St

  • 0.19 miles

  • Public District Grades 4-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,000. Typical income of Manistee, MI residents is between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 461 5th St

What is the listing price of this property?

The listing price of 461 5th St property is $729,900.

What type of property is this?

The property 461 5th St is a house located in Manistee, Michigan, 49660.

Is this property for sale now?

Active Listing: 461 5th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 461 5th St are:
John F. Kennedy Elementary School: GreatSchools Rating 4/10

How many bedrooms and bathrooms does this property have?

The property at 461 5th St has 6 bedrooms and 6 full and 1 half bathrooms.

What is the square footage of this property?

The property 461 5th St is 4,170 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 461 5th St is 1874.

Rocket HomesMichiganManistee CountyManistee49660461 5th St

This home is located at 461 5th St in Manistee, MI and zip code 49660. This 4,170 square foot home, which was built in 1874, sits on a 0.60 acre lot. Features: 6 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since January 11, 2024 and is currently priced at $729,900.

Over 0 listings were sold over their listed price in March 2024 in Manistee, MI. In the same period over 3 listings were sold below the listed price and 3 listings were sold for the listed price. Between February 2024 and March 2024, Manistee, MI real estate market has seen increase in the number of listings by 3.6%. Listings spent 134 days on the market in March 2024, and had a median list price of $229,350 during the same period.

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

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