$1,875,000
$320K PRICE DROP

195 Homan Lake Rd Iron River, MI 49935

Estimated payment $11,286/month

Total Views 18,107
4 Beds
2.5 Baths
5,682 Sq Ft
$330 Price per Sq Ft

Highlights

  • Lake Front
  • Guest House
  • Wood Burning Stove
  • Docks
  • Sauna
  • Private Lot

About This Home

Move-In Ready Executive Home on Private Homan Lake! Nestled on 10 serene acres in Iron County, Michigan, this exceptional property offers a rare opportunity to own a piece of Northwoods paradise. The main residence, guest house, attached garage, and detached garage are all beautifully maintained and ready for you to move in. 4 Bedrooms, 2.5 Baths Enjoy the luxury of space and privacy. Chef’s Kitchen- Alder wood cabinets, soapstone countertops, and ample room for entertaining. Engineered elm floors with in-floor heating, vaulted ceilings, and a freestanding Woodstock Soapstone fireplace in the dining area. All-season sunroom with a built-in grill, hood. Living Room Features a handpicked Montana stone fireplace, perfect for cozy evenings. Master Suite shared between two bedrooms, offering a tiled steam shower, soaking tub,double sink. Living quarters above the garage and don't forget the Guest house for extra over flow, one bedroom one bath, sauna. Detached garage has extra storage

Listing Agent

Nicole Hebert

KELLER WILLIAMS CLASSIC REALTY NW License #76597 - 94 Listed on: 09/02/2024

KELLER WILLIAMS CLASSIC REALTY NW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,930

Year Built

  • Built in 2013

Lot Details

  • 10.29 Acre Lot
  • Lake Front
  • The property's road front is unimproved
  • Rural Setting
  • Landscaped
  • Private Lot
  • Secluded Lot
  • Wooded Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 5,682 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Free Standing Fireplace
  • Gas Fireplace
  • Sauna
  • Home Security System
  • Property Views

Kitchen

  • Built-In Self-Cleaning Double Oven
  • Indoor Grill
  • Dishwasher

Flooring

  • Wood
  • Radiant Floor
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • West Iron County Middle School
  • West Iron County High School

Utilities

  • Forced Air Zoned Heating System
  • Heating System Uses Propane
  • Drilled Well
  • Propane Water Heater
  • Septic Tank
  • Phone Available

Additional Features

  • Docks
  • Guest House

Community Details

  • Homan Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 004-167-001-20

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,930

Year Built

Built in 2013

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size: 739x
  • Road Frontage Type: City Street, Highway
  • Road Surface Type: Unimproved
  • Water Body Name: HOMAN
  • Ownership: Fee Simple
  • Subdivision Name: Homan Lake
  • Directions: From Iron River, W on US2 to left on Smoky Lake Rd. - follow to Homan Lake Dr on right, to property on left. NO SIGNS
  • Above Grade Finished Sq Ft: 4090.0
  • Architectural Style: One and One Half Story
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • Year Built: 2013
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Built-In Oven, Double Oven, Dryer, Dishwasher, Indoor Grill, Propane Water Heater, Refrigerator, Some Commercial Grade, Self Cleaning Oven, Washer, Exhaust Fan
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Free Standing, Gas, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Tile, Wood
  • Interior Amenities: Additional Living Quarters, Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Bath in Primary Bedroom, Main Level Primary, Sauna, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior Features

  • Lot Features: Lake Front, Private, Rural Lot, Secluded, Wooded
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Shoreline - Rocky, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Dock, Landscaping, Paved Driveway
  • Foundation Details: Slab
  • Other Structures: Guest House
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Detached, Garage, Two Car Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Main Level
  • Security: Security System
  • Heating: Forced Air, Propane, Radiant Floor, Zoned
  • Heating Yn: Yes
  • Sewer: County Septic Maintenance Program - No, Septic Tank
  • Utilities: Phone Available, Septic Available
  • Water Source: Drilled Well

Schools

  • High School: IR West Iron County
  • Middle Or Junior School: IR West Iron County

Lot Info

  • Lot Size Sq Ft: 448232.0
  • Parcel #: 004-167-001-20
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 10930.0
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 -- $476,460 $476,460 $0
2024 $6,895 $580,670 $580,670 $0
2023 $6,364 $555,800 $555,800 $0
2022 $6,061 $382,700 $382,700 $0
2021 $10,102 $379,400 $379,400 $0
2020 $5,814 $371,000 $371,000 $0
2019 -- $399,200 $399,200 $0
2018 -- $346,700 $0 $0
2016 -- $337,600 $0 $0
2015 $292,800 $334,900 $0 $0
2014 $292,800 $290,500 $0 $0
2013 $292,800 $292,800 $0 $0
2012 -- $181,100 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2025 04/21/25 Price Changed $1,875,000 -14.6% $465 / Sq Ft
09/02/2024 09/02/24 For Sale $2,195,000 -- $545 / Sq Ft
Source: Greater Northwoods MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $4,000,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 No Value Available
Source: Public Records

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  • 195 Homan Lake Rd, Iron River, MI 49935

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    • 3.5 Baths
    • 4,031 Sq Ft
    • 195 Homan Lake Rd
    • Iron River, MI

    Move-in ready and waiting for you, this executive home on 10 acres is situated on the private, serene Homan Lake in Iron County, Michigan. The moment you arrive, you’ll never want to leave. The property is beautifully landscaped, with recently epoxied garage floors and freshly stained buildings. Step inside to discover engineered elm floors with in-floor heating, extending even to the attached

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Source: Greater Northwoods MLS

MLS Number: 208855

Greater Northwoods MLS

APN: 004-167-001-20

Michigan Iron County Iron River 49935

195 Homan Lake Rd, Iron River, MI

This home is located at 195 Homan Lake Rd, Iron River, MI 49935 and is currently priced at $1,875,000, approximately $329 per square foot. This property was built in 2013. 195 Homan Lake Rd is a home with nearby schools including Stambaugh Elementary School, West Iron County Middle School, and West Iron County High School.

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.

Greater Northwoods MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Listing Agent
Nicole Hebert
Section Image
KELLER WILLIAMS CLASSIC REALTY NW
(906) 339-3544