16640 Letteau Rd Bear Lake, MI 49614
2
Beds
1
Bath
1,500
Sq Ft
28.73
Acres
Highlights
- Barn
- Home fronts a pond
- Countryside Views
- Stables
- 28.73 Acre Lot
- Wood Burning Stove
About This Home
As of July 2025Own a piece of Michigan's heritage! Centennial farm located just 3.5 miles E of LK Michigan in scenic Arcadia-Bear Lake region. Beautiful countryside views, 28 acres of fertile crop fields, hay meadows, pasture, & 3 spring fed ponds. Timber barn in very good condition, large garage w loft, several outbuildings, 1500+ sq ft welcoming farm house mostly updated in late 80/90s. ALL on a quiet road boosting spectacular westerly sunsets & breezy winds. Many updates over the years & operated as primarily a horse/cattle farm; new septic system installed Aug 2024, new mechanicals (boiler system) in spring of 2024. Make the dream of HOMESTEADING yours!
Last Agent to Sell the Property
REO-TCRandolph-233022 License #6506043558 Listed on: 06/12/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $833
Year Built
- Built in 1919
Lot Details
- 28.73 Acre Lot
- Lot Dimensions are 946 x 1323
- Home fronts a pond
- Level Lot
- The community has rules related to zoning restrictions
Property Views
- Countryside Views
- Seasonal Views
Home Design
- Farmhouse Style Home
- Poured Concrete
- Frame Construction
- Metal Roof
- Vinyl Siding
Interior Spaces
- 1,500 Sq Ft Home
- 1-Story Property
- Bookcases
- Wood Burning Stove
- Mud Room
Kitchen
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Basement
- Michigan Basement
- Partial Basement
- Crawl Space
Parking
- 4 Car Detached Garage
- Carport
- Gravel Driveway
Outdoor Features
- Property is near a pond
- Porch
Farming
- Barn
- Farm
Horse Facilities and Amenities
- Stables
Utilities
- Zoned Heating and Cooling
- Baseboard Heating
- Well
- Electric Water Heater
- Mound Septic
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 6, 2011
Sold by
Reed Lawrence and Reed Joyce
Bought by
Reed Barry L
Similar Homes in Bear Lake, MI
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2025 07/28/25 | Sold | $319,000 | -5.9% | $213 / Sq Ft |
| 07/19/2025 07/19/25 | Pending | -- | -- | -- |
| 06/12/2025 06/12/25 | For Sale | $339,000 | -- | $226 / Sq Ft |
Source: Northern Great Lakes REALTORS® MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $833 | $98,900 | $0 | $0 |
| 2024 | $615 | $87,300 | $0 | $0 |
| 2023 | $588 | $74,700 | $0 | $0 |
| 2022 | $720 | $63,400 | $25,400 | $38,000 |
| 2021 | $702 | $60,800 | $26,300 | $34,500 |
| 2020 | $691 | $61,500 | $25,500 | $36,000 |
| 2019 | $674 | $60,200 | $24,600 | $35,600 |
| 2018 | $664 | $58,400 | $23,000 | $35,400 |
| 2017 | $662 | $59,600 | $23,500 | $36,100 |
| 2016 | $526 | $53,200 | $22,800 | $30,400 |
| 2015 | -- | $53,800 | $22,800 | $31,000 |
| 2014 | -- | $56,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Barbara Hood
Seller's Agent in 2025
Barbara Hood
Real Estate One
(231) 342-7499
61 Total Sales
Map
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1935005
APN: 12-018-275-01
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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