506 Prospect Street
Lake City, Michigan 49651
4
Bed
1.5
Bath
1,221Sqft
0.23Acre(Lot)
Well-maintained 4-bedroom, 1.5-bath ranch home situated on a large double corner lot in a desirable Lake City neighborhood! Enjoy the convenience of in-town living just a short walk from beautiful Lake Missaukee's quarter-mile sandy beach, pickleball, tennis and basketball courts, skateboard park, library, downtown shopping, dining, and the beloved Tasty Treat. The large front and side yards provide plenty of room to enjoy the outdoors. A fire pit and campfire area on the west side of the garage are perfect for evening gatherings, while the cozy patio between the home and detached garage creates an inviting space for entertaining, summer barbecues, morning coffee, or relaxing with family and friends. Located on a quiet street across from a church, this home also features a fenced backyard
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 4Bathroom Information
Total Baths: 1.5 Full Baths: 1 Half Baths: 1 -
Room Information
Total Rooms: 10 Porches: Patio,PorchInterior Features
Egress Window(s),Other Basement Description: Daylight,Interior Entry,Unfinished Appliances: Dishwasher,Dryer,Microwave,Oven,Range/Stove,Refrigerator,Washer -
Heating & Cooling
Cooling: Ceiling Fan(s),Central Air Heating: Forced Air Heating Fuel: Natural GasWater Heater
Electric
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Building Information
Year Built: 1974 Building Stories: 1 Story Foundation/Basement: Basement Architecture: Ranch -
Exterior Features
Fenced Construction: Aluminum -
Utility Features
Sewer: Shared Septic (Common) -
Water
Public (Municipal) Water Heat: Electric
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Lot Information
Lot Size: 0.23 Lot Dimensions: 100 x 100 Lot Features: Corner Lot -
Property Information
SQ ft: 1221 Subdivision: Reeder's 3rd Addition Financing: Cash,Conventional,FHA,USDA Loan (Rural Dev),VA
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Listing Price Information
Original List Price: $239,900 -
Listing Information
Possession: Negotiable Legal Description: LOTS 1 & 16 BLK 15 D REEDER'S THIRD ADD.
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Tax Information
Annual Tax: $2,153 Parcel Number: 05123500100 -
Possession
Negotiable -
Legal Information
Legal Description: Section: LOTS 1 & 16 BLK 15 D REEDER'S THIRD ADD.
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Virtual Tour
Parking Information
Has Garage: Yes Garage Size: 2 Car Garage: 28x24 Garage Description: Detached
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School Information
School District: Lake City -
Utility Information
Water: Public (Municipal) Sewer: Shared Septic (Common)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4690 E Houghton Lake Road, Lake City, MI, 49651 | $575,000 | 4 | 4 | 3,610 | 3,610 SqFt |
| 7051 N 7 Mile Road, Lake City, MI, 49651 | $479,900 | 3 | 4 | 3,292 | 3,292 SqFt |
| 180 E Sanborn Road, Lake City, MI, 49651 | $273,900 | 3 | 3 | 1,344 | 1,344 SqFt |
| 229 E Houghton Lake Road , Lake City, MI, 49651 | $175,000 | 3 | 2 | 1,655 | 1,655 SqFt |
| 2561 E Johnson Road , Lake City, MI, 49651 | $265,000 | 3 | 1 | 1,300 | 1,300 SqFt |
| 4933 E Johnson Road , Lake City, MI, 49651 | $85,000 | 2 | 1 | 768 | 768 SqFt |
| 1404 S Taxiway Delta, Lake City, MI, 49651 | $150,000 | 2 | 2 | 1,216 | 1,216 SqFt |
| 1404 S Taxiway Delta , Lake City, MI, 49651 | $150,000 | 2 | 2 | 1,216 | 1,216 SqFt |
| 5070 W Sanborn Road, Lake City, MI, 49651 | $699,000 | 3 | 1 | 1,092 | 1,092 SqFt |
| 602 S King Street , Lake City, MI, 49651 | $499,900 | 3 | 2 | 1,384 | 1,384 SqFt |
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ByOwner last updated this listing 07/05/2026 @ 15:12
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