$459,000
$40K PRICE DROP

402 S Division St Bellaire, MI 49615

Estimated payment $3,063/month

Total Views 27,891
3 Beds
1.5 Baths
1,700 Sq Ft
$270 Price per Sq Ft

Highlights

  • Countryside Views
  • Covered Patio or Porch
  • 2 Car Attached Garage
  • Ranch Style House
  • Fireplace
  • Forced Air Heating and Cooling System

About This Home

This three bedroom/two bath home sits on 12 undeveloped acres inside the Village of Bellaire, zoned RESIDENTIAL-IMPROVED, which opens the door for many possibilities! The home itself can be used for full-time residence or for short- or long-term rental income. New concrete floor in the garage and back patio. What about a business that utilizes the home for employee housing? Or, a day care facility that can utilize the many acres for playing? How about a store for hot tubs? A mini-golf park? Or, storage units, restaurant, driving range, gym, or retail outlets? What does Bellaire need? How about splitting the 12-acres into an additional five parcels to build homes? Or, dividing the property so multiple small homes can be constructed utilizing the front home as an office during construction? This property extends from M-88 back to the walking path (abandoned railroad) that wraps behind Holiday Acres, heads to the baseball fields, and flows through the town of Bellaire in the other direction.

Listing Agent

Jeanette Gillespie

Coldwell Banker Schmidt-Bellai License #6501410795 Listed on: 06/26/2025

Coldwell Banker Schmidt-Bellai

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,717

Year Built

  • Built in 1965

Lot Details

  • 12 Acre Lot
  • Level Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • Fireplace
  • Countryside Views
  • Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • Metes And Bounds Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,717

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1965
  • Construction: Brick, Timber Frame
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1965

Interior Features

  • Appliances Equipment: Oven/Range, Dishwasher, Microwave, Dryer
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 12x12
  • Total Bathrooms: 1.5
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 10x9
  • Living Room: Dimensions: 20x12
  • Range: R 7W
  • Total Finished Sf Apx: 1700

Exterior Features

  • Exterior Features: Countryside View, Covered Porch
  • Exterior Finish: Wood
  • Foundation: Full, Walkout
  • Number Of Acres: 12
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Concrete, Gravel
  • Garage Capacity: 2
  • Primary Garage: Attached

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Main Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV
  • Water: Municipal

Association/Amenities

  • Development Name: Metes and Bounds

Lot Info

  • Land Features: Level
  • Lot Dimensions: Irregular
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds, Splits Available
  • Zoning Use Restrictions: Residential, Commercial

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Bellaire Public Schools

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $7,717 $138,100 $0 $0
2024 $67 $136,400 $0 $0
2023 $2,867 $120,100 $0 $0
2022 $3,185 $77,500 $0 $0
2021 $2,218 $73,200 $0 $0
2020 $1,154 $61,200 $0 $0
2019 $2,957 $56,400 $0 $0
2018 $2,887 $57,100 $0 $0
2017 $2,828 $51,100 $0 $0
2016 $2,498 $49,300 $0 $0
2015 -- $54,400 $0 $0
2014 -- $65,500 $0 $0
2013 -- $78,300 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2025 10/24/25 Price Changed $459,000 -4.2% $270 / Sq Ft
09/02/2025 09/02/25 Price Changed $479,000 -4.0% $282 / Sq Ft
06/26/2025 06/26/25 For Sale $499,000 +42.6% $294 / Sq Ft
12/19/2023 12/19/23 Sold $350,000 0.0% $206 / Sq Ft View Prior Sale
12/19/2023 12/19/23 For Sale $350,000 +337.5% $206 / Sq Ft
10/15/2023 10/15/23 Pending -- -- --
11/26/2012 11/26/12 Sold $80,000 -57.9% $47 / Sq Ft View Prior Sale
08/29/2012 08/29/12 Pending -- -- --
04/24/2007 04/24/07 For Sale $189,900 -- $112 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Deed $350,000 Corporate Settlement Solutions
Deed $80,000 --
Source: Public Records

About the Listing Agent

Jeanette Gillespie

Coldwell Banker Schmidt-Bellai

(231) 261-7732

Section Image

If you’re looking for a real estate agent who listens, responds quickly, and handles every detail with care, you’ve found your match. I’m passionate about helping buyers and sellers navigate every step of their real estate journey with confidence and clarity.

Originally from West Michigan, I was always drawn to the beauty and lifestyle of Northern Michigan—and I’m proud to now call Bellaire home. Whether it’s lakefront living, a cozy village home, or a private wooded getaway, I love

Jeanette's Other Listings

  • 7449 Cancilla Weeman Rd, Bellaire, MI 49615

    $750,000

    • 5,000 Sq Ft
    • 7449 Cancilla Weeman Rd
    • Bellaire, MI

    Impressive 5,000 sq. ft. pole barn on 1.5 acres, featuring 16’ ceilings and exceptional craftsmanship throughout. Designed for versatility, this building offers four 14’ x 14’ overhead doors - each bay is equipped with sloped floor drains to prevent standing water. The southwest side is already plumbed for a future bathroom and laundry area, while the covered porch offers excellent potential for

    Jeanette Gillespie Coldwell Banker Schmidt-Bellai

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  • Lot 70 N Klaffen Strasse, Bellaire, MI 49615

    $7,100

    • Land
    • 0.35 Acre
    • $20,286 per Acre
    • Lot 70 N Klaffen Strasse
    • Bellaire, MI

    Beautifully wooded lot in the heart of Schuss Mountain. Enjoy all the benefits of being close to skiing, golfing, boating, mountain biking at Glacial Hills, and exploring at Grass River Natural Area. Nearby water ways include Lake Bellaire, Intermediate Lake, Grass River, and of course Torch Lake! Only a short drive to the towns of Bellaire, Traverse City, and Charlevoix!

    Jeanette Gillespie Coldwell Banker Schmidt-Bellai

    Section Image
  • 8975 S East Torch Lake Dr, Alden, MI 49612

    $775,000 Under Contract

    • 3 Beds
    • 2 Baths
    • 2,386 Sq Ft
    • 8975 S East Torch Lake Dr
    • Alden, MI

    Discover the perfect blend of comfort, privacy, and Up North adventure with this beautiful 3-bedroom, 2-bath home on 7 wooded acres—just 0.37 miles from Torch Lake with deeded access, a shared dock, and the potential of your very own boat slip. To ensure continued lake access, Seller is offering a $6,000 concession to cover three years of in/out marina service should a slip not be immediately

    Jeanette Gillespie Coldwell Banker Schmidt-Bellai

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  • 2076 West St, Central Lake, MI 49622

    $159,900 Under Contract

    • 2 Beds
    • 1 Bath
    • 1,158 Sq Ft
    • 2076 West St
    • Central Lake, MI

    Located in the Village of Central Lake, this 2-bed/1-bath home sits on 2-1/2 lots—south to the fence line and roughly a half-lot to the north—providing generous space for recreation or a garden plus a backyard shed. The unfinished basement is a great place for storage! Close to local favorites like Mammoth Distilling, Bachmann’s Store, and Adams Madams; Thurston Park offers a playground, swim

    Jeanette Gillespie Coldwell Banker Schmidt-Bellai

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  • 000 Seneca St, Bellaire, MI 49615

    $100,000 Sold Jul 16, 2025

    • Land
    • 9,147 Sq Ft Lot
    • 000 Seneca St
    • Bellaire, MI

    50 Feet of private waterfront property on pristine Intermediate River with 100 feet of road frontage, in the heart of Bellaire, Michigan, is ready for a new owner! This parcel is located just north and across from the public launch and is a short walk into Bellaire! Store your boat in town on your own personal dock (could be a great amenity to an Airbnb/VRBO) so it’s always ready for a cruise

    Jeanette Gillespie Coldwell Banker Schmidt-Bellai

  • VL Briar Ln Unit 4, Forest Home Township, MI 49615

    $350,000 Sold May 23, 2025

    • Land
    • 2.45 Acre Lot
    • VL Briar Ln
    • Unit 4
    • Forest Home Township, MI

    160 Feet of private frontage on Lake Bellaire is ready for someone’s dream home! Get ready for a summer full of swimming, sailing, fishing, tubing, water skiing, and boating! A raised dirt drive was constructed in the 1960’s that extends to approximately 50 feet from the water’s edge on this beautifully wooded lot of almost 2.5 acres. Lake Bellaire is part of the Lower Chain of Lakes – cruise on

    Jeanette Gillespie Coldwell Banker Schmidt-Bellai

  • 000 Par-King Dr, Bellaire, MI 49615

    $12,000 Sold Sep 05, 2025

    • Land
    • 0.46 Acre Lot
    • 000 Par-King Dr
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    A beautiful half acre parcel on a quiet road is ready for new owners! Ownership comes with access to the private Beach Club on Lake Bellaire which hosts a beautiful beach, playground, and clubhouse. And if that isn't enough, owners also have access to the outdoor pool at Pinebrook, tennis courts, and Pinebrook clubhouse! WOW - that's a lot of amenities with this property! Bellaire is home to

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  • VL Clam Lake Rd, Forest Home Township, MI 49615

    $600,000 Sold Jan 24, 2025

    • Land
    • 0.69 Acre Lot
    • VL Clam Lake Rd
    • Forest Home Township, MI

    Experience lake front living with 100 feet of private frontage on Clam Lake. When you’re ready for some time on the lake you have direct access for water skiing, tubing, swimming, and fishing. You can cruise over to the prestigious blue and turquoise waters of Torch Lake, or meander down Grass River into Lake Bellaire! Think of the possibilities with a custom home built exactly the way you want

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  • VL Raptor Run Unit 202, Kearney Township, MI 49615

    $8,500 Sold Aug 29, 2025

    • Land
    • 0.50 Acre Lot
    • VL Raptor Run
    • Unit 202
    • Kearney Township, MI

    This parcel soaks up the views from hole #5 at the renowned Hawk's Eye Golf Course at Shanty Creek Resort. Golf skills can also be challenged at Cedar River, The Legend, Schuss Mountain, or the Summit Golf Courses! This parcel is cleared and ready to build! Schuss Mountain is just down the street for some amazing skiing, the Village of Bellaire is a short 10 minutes away, and trails and lakes are

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Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1935675

Northern Great Lakes REALTORS® MLS

APN: 05-41-030-017-00