$319,000
SOLD JUL 28, 2025

16640 Letteau Rd Bear Lake, MI 49614

2 Beds
1 Bath
1,500 Sq Ft
28.73 Acres

Recently Sold

$213 Per Sq Ft

6% Below List Price

37 Days on Market

Highlights

  • Barn
  • Home fronts a pond
  • Countryside Views
  • Stables
  • 28.73 Acre Lot
  • Wood Burning Stove

About This Home

As of July 2025

Own 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

Barbara Hood

REO-TCRandolph-233022 Listed on: 06/12/2025

REO-TCRandolph-233022

Last Buyer's Agent

Barbara Hood

REO-TCRandolph-233022 Listed on: 06/12/2025

REO-TCRandolph-233022

Home Details

Home Type

  • Single Family

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

Home Details

Home Type

Single Family

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Farm House, 1 Story
  • Estimated Year Built: 1919
  • Construction: Frame
  • Principal Residence: Yes
  • Univs Design Barrier Free: Grab Bars
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1919

Interior Features

  • Appliances Equipment: Refrigerator, Dishwasher, Microwave, Electric Water Heater
  • Interior Amenities: Built-In Bookcase, Mud Room
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 17.2x10.2, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 12.4x11.9, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 9.11x7.1, On Level: Main Floor, Flooring: Vinyl
  • Kitchen: Dimensions: 9.11x10.11, On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 15.5x13.8, On Level: Main Floor, Flooring: Carpet
  • Other Room: Dimensions: 13.7x19., On Level: Main Floor, Flooring: Laminate
  • Range: R 15W
  • Total Finished Sf Apx: 1500

Exterior Features

  • Additional Buildings: Barn(s), Stable
  • Exterior Features: Countryside View, Seasonal View, Porch
  • Exterior Finish: Aluminum, Vinyl
  • Foundation: Partial, Michigan Basement, Crawl Space, Poured Concrete
  • Number Of Acres: 28.73
  • Road: Public Maintained, Gravel
  • Roof: Metal/Steel
  • Water Features: Pond

Garage/Parking

  • Driveway: Gravel, Dirt
  • Garage Capacity: 4
  • Primary Garage: Detached, Carport

Utilities

  • Heating Cooling Types: Hot Water, Baseboard, Zoned/Dual, External Wood Burner
  • Laundry: Dimensions: 13.10x7.3, On Level: Main Floor, Flooring: Vinyl
  • Sewer: Private Septic, Mound System, Pump Back
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Lot Info

  • Percent Open: 80
  • Land Features: Previously Farmed, Farm, Level, Rolling
  • Lot Dimensions: 946 x 1323
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Percent Tillable: 80
  • Zoning Use Restrictions: Agricultural, Horses Allowed, Agricultural Res

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 615
  • Winter Taxes: 187

MLS Schools

  • School District: Bear Lake School District

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
Current Estimated Value
$319,552
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

Source: Public Records

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 $633 $98,900 $0 $0
2024 $6 $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

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1935005

Northern Great Lakes REALTORS® MLS

APN: 12-018-275-01