$1,150,000
$50K PRICE DROP

50286 E Lake Shore Dr Dowagiac, MI 49047

Estimated payment $7,233/month

Total Views 14,890
4 Beds
2 Baths
2,021 Sq Ft
$569 Price per Sq Ft

Highlights

  • 60 Feet of Waterfront
  • Family Room with Fireplace
  • Screened Porch
  • Contemporary Architecture
  • Wood Flooring
  • 3 Car Detached Garage

About This Home

If you've been searching for a place where you can truly enjoy lake life, this move-in ready home on 528 acre, Spring-Fed, All Sport, Magician Lake's East Shore is one worth seeing.

This 4-bedroom, 2-bathroom home is situated in Rainbow Park, a sought-after location known for its optimal sun exposure and breathtaking west-facing sunsets, this is one of the best spots on Magician Lake in the heart of the Sister Lakes Resort area.

Designed for comfort, entertainment, and effortless lakefront living, the home features a spacious main-level living room with hardwood floors and a wood-burning fireplace, creating a warm and inviting space for gatherings. North and Madison designers, Chicago, have reimagined every room with new textures & finishes The primary bedroom overlooks the lake and opens to a private screened porch, perfect for enjoying peaceful mornings or unwinding after a day on the water.

With 60 feet of sandy lake frontage, the property provides direct access to the new pier (2024) makes lake access simple and convenient. The modern kitchen is equipped with KitchenAid stainless steel appliances, granite countertops, tile flooring, a beverage refrigerator, and ample counter space and storage, offering a stylish and functional space for everyday living and entertaining.

The walk-out lower level expands the living space and leads to a stamped concrete patio, seamlessly blending indoor and outdoor areas. A large back lot with a detached 3-car garage provides ample storage for vehicles, boats, and lake gear, ensuring convenience year-round.

Whether you're spending the day on the water, enjoying fresh local produce from nearby farmers' markets, visiting a craft brewery, or grabbing a bite at one of the area's popular restaurants, this home offers both a private retreat and easy access to the best of Sister Lakes living. Call for a showing today.

Listing Agent

Thomas Hickey III

Cressy & Everett Real Estate License #6501382653 Listed on: 03/11/2025

Cressy & Everett Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,179

Year Built

  • Built in 1974

Lot Details

  • 0.42 Acre Lot
  • 60 Feet of Waterfront
  • Shrub

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick or Stone Mason
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof
  • Stone

Interior Spaces

  • 2,021 Sq Ft Home
  • 1-Story Property
  • Bar Fridge
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Window Screens
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Sump Pump

Outdoor Features

  • Water Access
  • Patio

Schools

  • Sister Lakes Elementary School
  • Dowagiac Middle School
  • Dowagiac Middle High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Rainbow Park Subdivision

Recreation

  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,179

Year Built

Built in 1974

Lot Details

0

Parking

3

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Contemporary
  • Stories: 1
  • Year Built: 1974
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 60 X 155/ 60 x 150
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 2021.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 12179.0
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 2.0
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Waterfront Options:Water Frontage3: 60.0
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: Yes
  • Heat Type:Radiant: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Location Property Info:Subdivision2: Rainbow Park
  • Roofing:Shingle: Yes
  • Substructure:Walk Out: Yes
  • Water Heater:Electric3: Yes
  • Roofing:Asphalt2: Yes
  • General Property Info:SqFt Above Grade: 1250.0
  • Additional Items:Sump Pump: Yes
  • Laundry Features Lower Level: Yes
  • General Property Info Elementary School2: Sister Lakes Elementary School
  • General Property Info High School: Dowagiac Middle School
  • General Property Info Middle School2: Dowagiac Middle School
  • General Property Info Garage YN: Yes
  • Architectural Style:Contemporary: Yes
  • Flooring:Wood Floor: Yes
  • Flooring:Carpet Floor: Yes
  • Flooring:Tile Floor: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Broadband, Garage Door Opener, Eat-in Kitchen
  • Fireplace Features: Family Room, Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Walk-Out Access
  • LivingArea: 2021.0
  • Window Features: Screens, Window Treatments
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Family: Yes
  • Fireplace:Wood Burning: Yes
  • Appliances:Bar Fridge: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Construction Materials: Stone
  • Exterior Features: Scrn Porch
  • List Price: 1150000.0
  • Lot Features: Recreational
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Roof: Asphalt, Composition, Shingle
  • Water Body Name: Magician Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Stone: Yes
  • Exterior Features:Scrn Porch: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Radiant
  • Heating: Yes
  • Laundry Features: Lower Level
  • Sewer: Public
  • Utilities: Natural Gas Available, Cable Available, Natural Gas Connected, Cable Connected
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes

Schools

  • Elementary School: Sister Lakes Elementary School
  • High School: Dowagiac Middle School
  • Middle/Junior School: Dowagiac Middle School

Lot Info

  • Lot Size Acres: 0.42
  • Lot Size Area: 0.42
  • Lot Dimensions: 60 X 155/ 60 x 150
  • Lot Size Sq Ft: 18295.0

Tax Info

  • Tax Annual Amount: 12179.0
  • 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 $11,481 $402,300 $402,300 $0
2024 $2,789 $371,300 $371,300 $0
2023 $2,660 $343,200 $0 $0
2022 $2,533 $272,700 $0 $0
2021 $10,236 $261,800 $0 $0
2020 $2,430 $253,100 $0 $0
2019 $9,992 $222,300 $0 $0
2018 $2,242 $208,700 $0 $0
2017 $2,219 $210,100 $0 $0
2016 $2,199 $223,800 $0 $0
2015 -- $209,000 $0 $0
2011 -- $221,900 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 Price Changed $1,150,000 -4.2% $569 / Sq Ft
03/11/2025 03/11/25 For Sale $1,200,000 0.0% $594 / Sq Ft
12/16/2024 12/16/24 Off Market $1,200,000 -- --
10/21/2024 10/21/24 For Sale $1,200,000 +93.5% $594 / Sq Ft
05/25/2018 05/25/18 Sold $620,000 -11.4% $263 / Sq Ft
05/08/2018 05/08/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $699,900 -- $297 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $620,000 Meridian Title Corp
Warranty Deed $569,000 Bell Title
Warranty Deed $550,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $417,000 No Value Available
Previous Owner $145,200 Credit Line Revolving
Previous Owner $440,000 No Value Available
Previous Owner $35,000 Credit Line Revolving
Source: Public Records

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Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24055319

Southwestern Michigan Association of REALTORS®

APN: 14-130-305-027-00