new - 1 day on rocket

693 N W Torch Lake Dr, Kewadin, MI, 49648

$4,495,000

4 Bedrooms
3 Full Baths, 1 Partial
3,850 SqFt
$1,168/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingBlacktop, Attached
Attached Garage3 spaces
Year Built2024
HeatingNatural Gas, Forced Air
CoolingNatural Gas, Central Air
WaterfrontAll Sports
FireplaceGas
MLS #1922918
Lot Size1.42 Acres
StatusActive
(New)

About 693 N W Torch Lake Dr

Remarkable opportunity to build a new home on world reknown Torch Lake with J. Peterson Homes, Northern Michigan’s finest custom homebuilder. The spacious walkout site is adjacent to some of the finest estates on Torch Lake. Lot offers a gentle slope from the road to the home and a large lakeside yard leading to the shoreline with rare existing BOATHOUSE ready for the lake toys. The Visbeen Architects designed home offers a 3 car garage with future bedroom and living area above, large open main floor, office, main level patio and primary suite with volume ceilings. The lower level features an open great room and game area, exercise room, 3 bedrooms and two full baths. Floorplans, specification sheet and allowances available upon request.

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Story
  • Year Built: 2024
  • Living Area: 3,850 SqFt

Listing Office:

  • Office Name: J. Peterson Realty
  • Listing Agent: Joel Peterson

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Interior: Den/Study
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: All Sports
  • Exterior: Landscaped, Cement Board

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Blacktop, Attached

Lot Features

Lot Information:

  • Lot: Sloped
  • Lot Size: 1.42 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Natural Gas, Central Air

School Info

Assigned Schools Information:

  • Elk Rapids High School, Public District Grades 9-12
  • Cherryland Middle School, Public District Grades 6-8
  • Lakeland Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: US 31 to McLachlan Rd to West Torch Lake Drive. North to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,495,000
  • Price Per SqFt: $1,168/SqFt

Tax Information:

  • Annual Amount: $4,652
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$215K

Med. Price/SqFt

$157

Avg. Days On Market

15

# of Sold Homes

4

693 N W Torch Lake Dr vs Kewadin

1 DAY ON ROCKET

-14 Days

$4,495,000

+$4.2M More

$1,168/SqFt

+$1K More

KEY TAKEAWAY

This property is $4.2M more than the Median Sold Price and $1K/SqFt more than other homes in Kewadin, MI.

Based on homes sold in April 2024

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1922918

Listing Office:

  • Office Name: J. Peterson Realty
  • Listing Agent: Joel Peterson

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: 6/1/2024, 8:20:35 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
2020$4,652 -
2019$4,652$327,300
2018$4,586$325,300
2017$4,429$319,000

History based on county public records data.

Payment Calculator

$22.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.5K

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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.

Elementary School

school-card-donut-6231481
7
/10
  • Lakeland Elementary School

  • 616 Buckley St

  • 9.31 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6231482
7
/10
  • Cherryland Middle School

  • 707 E 3rd St

  • 9.47 miles

  • Public District Grades 6-8

High School

school-card-donut-6231483
9
/10
  • Elk Rapids High School

  • 308 Meguzee Pt

  • 9.64 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,512. Most Kewadin, MI residents have annual incomes between $35k-100k. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 693 N W Torch Lake Dr

What is the listing price of this property?

The listing price of 693 N W Torch Lake Dr property is $4,495,000.

What type of property is this?

The property 693 N W Torch Lake Dr is a house located in Kewadin, Michigan, 49648.

Is this property for sale now?

Active Listing: 693 N W Torch Lake Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 693 N W Torch Lake Dr are:
Lakeland Elementary School: GreatSchools Rating 7/10
Cherryland Middle School: GreatSchools Rating 7/10
Elk Rapids High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,652 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 693 N W Torch Lake Dr has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 693 N W Torch Lake Dr is 3,850 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 693 N W Torch Lake Dr is 2024.
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Rocket HomesMichiganAntrim CountyKewadin49648693 N W Torch Lake Dr

This home is located at 693 N W Torch Lake Dr in Kewadin, MI and zip code 49648. This 3,850 square foot home, which was built in 2024, sits on a 1.42 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 31, 2024 and is currently priced at $4,495,000.

Over 0 listings were sold over their listed price in April 2024 in Kewadin, MI. In the same period over 0 listings were sold below the listed price and 4 listings were sold for the listed price. The inventory of homes for sale in Kewadin, MI between March 2024 and April 2024 increased by 88.9%. In April 2024 median list price was $215,000 and the average listing age was 15 days.

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

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