NOT LISTED FOR SALE

5322 N Wayne Ave Pentwater, MI 49449

Estimated Value: $480,000 - $648,000

3 Beds
2 Baths
1,575 Sq Ft
$345/Sq Ft Est. Value

Sale Details

Date Sold: February 9, 2024

Last sale price $550,000 $349 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,955 / mo

172 Days on Market

Highlights

  • Private Waterfront
  • Hilly Lot
  • 2 Car Attached Garage
  • 63.45 Acre Lot
  • Wooded Lot
  • Laundry Room

About This Home

As of February 2024

In the heart of the Pentwater recreational area sets this singular opportunity to own this rare find. Nearly 65 acres of gorgeous wooded rolling land, set on over 1000 feet of stunning Pentwater River frontage, and over 1000 feet of bonus frontage on Lambricks creek, all lying a mile from Pentwater, and a 5 minute drive from the shores of Lake Michigan. A sturdy 3 bedroom 2 1/2 bath home with a roomy attached garage and sizable wrap around deck sits on a bluff above the water, waiting for it's new owner to make it their own. Solid outbuildings provide storage and cover for toys and tools, and an enormous front yard leads you down to a kayak and canoe portage at the rivers edge. Drop into the water and paddle and fish your way into Pentwater Lake, or continue on into Lake Michigan! A small home in the front of the parcel generates monthly rental income, and this unique location offers numerous income and investment opportunities. This property must be seen to appreciate, call today to set up your personal tour!

Last Agent to Sell the Property

Joe McNally

RE/MAX TOGETHER License #6502393305 Listed on: 07/24/2023

RE/MAX TOGETHER

Last Buyer's Agent

Bryana Paseka

Five Star Real Estate License #6501406252

Five Star Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,231

Year Built

  • Built in 1988

Lot Details

  • 63.45 Acre Lot
  • Private Waterfront
  • 1,000 Feet of Waterfront
  • River Front
  • Lot Has A Rolling Slope
  • Hilly Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 1,575 Sq Ft Home
  • 1-Story Property
  • Water Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Water Access

Utilities

  • Heating System Uses Propane
  • Hot Water Heating System
  • Well
  • Septic Tank
  • Septic System

Community Details

  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,231

Year Built

Built in 1988

Lot Details

63.45 Acres

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1988
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 349.21
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: Irregular
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1575.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 7231.0
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Heat Source:Propane: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Waterfront Options:Water Frontage3: 1000.0
  • Lot Description:Rolling Hills: Yes
  • Heat Type:Hot Water: Yes
  • Substructure:Slab: Yes
  • Roofing:Asphalt2: Yes
  • General Property Info:SqFt Above Grade: 1575.0
  • Laundry Features Laundry Room: Yes
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Slab
  • LivingArea: 1575.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Brick
  • List Price: 550000.0
  • Lot Features: Recreational, Wooded, Rolling Hills
  • Roof: Asphalt
  • Water Body Name: Pentwater River
  • Waterfront Features: River
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Hot Water
  • Heating: Yes
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:View: Yes

Lot Info

  • Lot Size Acres: 63.45
  • Lot Size Area: 63.45
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 2763882.0

Tax Info

  • Tax Annual Amount: 7231.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2024
Sold by
Porter Gavin L and Haley May
Bought by
Porter Gavin L and Porter Haley May
Current Estimated Value
$543,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,440
Interest Rate
6.93%
Mortgage Type
VA

Purchase Details

Listed on
Jul 24, 2023
Closed on
Feb 8, 2024
Sold by
Babbin Kathleen R
Bought by
Porter Gavin L
Seller's Agent
Joe McNally
RE/MAX TOGETHER
Buyer's Agent
Bryana Paseka
Five Star Real Estate
List Price
$700,000
Sold Price
$550,000
Premium/Discount to List
-$150,000
-21.43%
Views
340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.58%
Original Mortgage
$550,000
Interest Rate
6.62%
Mortgage Type
VA

Purchase Details

Closed on
Sep 1, 2018
Sold by
Colletet Brett M
Bought by
Babbin John and Babbin Kathleen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Porter Gavin L -- Mortgage Connect
Porter Gavin L -- Mortgage Connect
Porter Gavin L $550,000 Attorney Only
Porter Gavin L $550,000 Sun Title
Babbin John -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Porter Gavin L $547,440
Previous Owner Porter Gavin L $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2024 02/09/24 Sold $550,000 0.0% $349 / Sq Ft
01/04/2024 01/04/24 Pending -- -- --
10/31/2023 10/31/23 Price Changed $550,000 -21.4% $349 / Sq Ft
07/24/2023 07/24/23 For Sale $700,000 0.0% $444 / Sq Ft
07/19/2023 07/19/23 Pending -- -- --
07/16/2023 07/16/23 For Sale $700,000 -- $444 / Sq Ft
Source: MichRIC

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 $360 $273,900 $273,900 $0
2024 $3,251 $234,100 $234,100 $0
2023 $3,045 $190,700 $190,700 $0
2022 $3,045 $180,400 $0 $0
2021 $2,970 $172,000 $172,000 $0
2020 $1,218 $158,400 $158,400 $0
2019 $1,197 $142,300 $0 $0
2018 $2,773 $126,600 $0 $0
2017 $2,773 $124,800 $0 $0
2016 -- $114,600 $0 $0
2013 -- $112,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joe McNally

    Seller's Agent in 2024

    Joe McNally

    RE/MAX Michigan

    (616) 307-3026

    646 Total Sales

    Joe McNally
    Section Image

  • B

    Buyer's Agent in 2024

    Bryana Paseka

    Five Star Real Estate

    (231) 557-8193

    49 Total Sales

    Bryana Paseka
    Section Image
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Map

Source: MichRIC

MLS Number: 23025217

MichRIC

APN: 002-031-100-06

Michigan Oceana County Pentwater 49449

5322 N Wayne Ave, Pentwater, MI

Not Listed for Sale

Detached

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MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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