NOT LISTED FOR SALE

5542 Lower Shore Dr Harbor Springs, MI 49740

Estimated Value: $1,824,000 - $4,078,000

4 Beds
3.5 Baths
5,475 Sq Ft
$580/Sq Ft Est. Value

Last Sold April 04, 2022

Last sale price $2,625,000 $479 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $20,593/month

10 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Wood Flooring
  • First Floor Utility Room
  • Deck
  • Main Floor Primary Bedroom
  • 3 Car Attached Garage

About This Home

As of April 2022

A first time offering, this uniquely buffed Lake Michigan home is barely unwrapped from its recent completion. It is located just minutes from the family-friendly downtown Harbor Springs, the house sits privately along the idyll that is Lower Shore Drive. This is a forever home, a place in which to relax and repair from the rigors of life; a place to be with friends and family, generating memories. That was the intent with which it was built, designed by, River West Designs, with a meticulous eye to optimize space, light and views using beautifully harmonious, natural materials of exacting quality that dovetail seamlessly in terms of texture and tone, this 4-5 bedroom, 3.5-bath home provides 5474 sq.ft. of truly serene living space. The main level features and open floor plan including a large master-suite with enchanting views of the water; a gourmet custom kitchen where you can cook and linger in comfort around the double islands and designer appliances; a great room overlooking an expanse of ever changing waterscape with a two-sided fireplace; a fabulous home gym and a first floor laundry room. The upper level consists of 3 large bedrooms all of which have alluring and beguiling views of the beach, the Great Lake and horizon. 2 full baths, an office (or additional bedroom), and a reflective reading area at the top of the stairs. Linked to the house is a full triple garage embracing space for a collectible car, which the house seems to invite. The property lot measures 100’ along the shore, and its Southwest orientation means that you will never tire of watching the sunset over Lake Michigan. The beach side deck, accessed by newly placed oversize stone steps is almost hypnotic! With its extra wide, 1500+ sq.ft. of covered, wrap-round porch with overtures from a bygone era, this is truly an opportunity to own what is an absolutely superbly crafted home, with extraordinarily loving neighbors, in one of the most sought after resort areas in Northern Michigan.

Last Agent to Sell the Property

Andrew Bowman

Gaslight Group Properties Listed on: 07/05/2020

Last Buyer's Agent

Andrew Bowman

Gaslight Group Properties Listed on: 07/05/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,479

Year Built

  • Built in 2019

Lot Details

  • 0.82 Acre Lot
  • Lot Dimensions are 100 x 364 x 98 x 358
  • 100 Feet of Waterfront

Parking

  • 3 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 5,475 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring
  • Water Views

Kitchen

  • Range
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 16-12-31-426-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,479

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2019
  • Lvt Date: 04/05/2022
  • Section: 31
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2019

Interior Features

  • Features: Cable, Ceiling Fans, Deck, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Mini Blinds, Range, Refrigerator, Trash Compactor, Washer, Wood Floors
  • Total Finished Sq Ft: 5475
  • Master Bedroom: Dimensions: 16.5 x 18, On Level: Main
  • Bedroom 2: Dimensions: 21.3 x 16.11, On Level: Upper
  • Bedroom 3: Dimensions: 15.5 x 15.1, On Level: Upper
  • Bedroom 4: Dimensions: 16 x 17.2, On Level: Upper
  • Total Rooms: 13
  • Basement: Crawl, Block
  • Dining Room: Dimensions: 18 x 18, On Level: Main
  • Kitchen: Dimensions: 18 x 18, On Level: Main
  • Family Room: Dimensions: 24 x 15.7, On Level: Main
  • Living Room: Dimensions: 16 x 25.9, On Level: Main
  • Above Grade Finished Sq Ft: 5475
  • Bathroom 1: Dimensions: 18 x 10.9, On Level: Main
  • Bathroom 2: Dimensions: 14 x 13.1, On Level: Upper
  • Number Of Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Rooms 1: Dimensions: 18.4 x 16.61/2 Gym, On Level: Main
  • Rooms 2: Dimensions: 13.6 x 11.5 Office, On Level: Upper
  • Windows: Andersen

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Michigan
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 100
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

  • Garage Carport: Garage-Attached
  • Gar Car Capacity: Three

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: Septic
  • Water: Well
  • Water Heater: Electric, Natural Gas

Schools

  • School District: Harbor Springs

Lot Info

  • Estimated Lot Dimensions: 100 x 364 x 98 x 358
  • Estimated Number of Acres: 0.82
  • Lot: y
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 16-12-31-426-011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2025
Sold by
Smorch Michael
Bought by
Eger Laura Trust
Current Estimated Value
$3,175,701

Purchase Details

Listed on
Jul 5, 2020
Closed on
Mar 23, 2022
Sold by
Mansberger Kirk M and Mansberger Kathryn A
Bought by
Smorch Michael and Smorch Nancy
Seller's Agent
Andrew Bowman
Gaslight Group Properties
Buyer's Agent
Andrew Bowman
Gaslight Group Properties
List Price
$2,675,000
Sold Price
$2,625,000
Premium/Discount to List
-$50,000
-1.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%
Original Mortgage
$2,172,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2020
Sold by
Abraham Robert
Bought by
Mansberger Kirk M and Mansberger Kathryn A

Purchase Details

Closed on
Nov 5, 2019
Sold by
Mansberger Kirk M
Bought by
Mansberger Kirk M and Mansberger Kathryn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 5, 2015
Closed on
May 7, 2018
Sold by
Lower Shore Drive Llc
Bought by
Mansberger Kirk M and Mansberger Kathryn A
Seller's Agent
Beverly Ironside
Ironside Real Estate & Developement
Buyer's Agent
Carol Fay
Coldwell Banker Schmidt - Petoskey
List Price
$748,000
Sold Price
$605,000
Premium/Discount to List
-$143,000
-19.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.46%
Original Mortgage
$484,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2013
Sold by
Ironside Charles I and Charles I Ironside Trust Uad M
Bought by
Lower Shore Dr Llc

Purchase Details

Closed on
Apr 2, 2007
Sold by
Ironside Charles I
Bought by
Ironside Charles I Trust

Purchase Details

Closed on
Mar 26, 2007
Bought by
Ironside Charles I and Ironside Nancy S
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Eger Laura Trust -- --
Smorch Michael -- --
Mansberger Kirk M -- --
Mansberger Kirk M -- --
Mansberger Kirk M -- --
Lower Shore Dr Llc -- --
Lower Shore Dr Llc -- --
Wiethorn Lawrence $350,000 --
Ironside Charles I Trust -- --
Ironside Charles I -- --
Ironside Charles I -- --
Ironside Charles I -- --
Ironside Charles I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smorch Michael $2,172,000
Previous Owner Mansberger Kirk M $450,000
Previous Owner Mansberger Kirk M $129,000
Previous Owner Mansberger Kirk M $300,000
Previous Owner Mansberger Kirk M $175,000
Previous Owner Mansberger Kirk M $300,000
Previous Owner Mansberger Kirk M $484,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2022 04/04/22 Sold $2,625,000 -1.9% $479 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/05/2020 07/05/20 For Sale $2,675,000 +342.1% $489 / Sq Ft
05/07/2018 05/07/18 Sold $605,000 -19.1% $352 / Sq Ft
03/06/2018 03/06/18 Pending -- -- --
11/05/2015 11/05/15 For Sale $748,000 -- $435 / Sq Ft
Source: Northern Michigan 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 $39,479 $1,247,300 $1,247,300 $0
2024 $39,479 $1,218,500 $1,218,500 $0
2023 $13,404 $1,004,600 $1,004,600 $0
2022 $13,404 $854,500 $854,500 $0
2021 $12,884 $764,400 $764,400 $0
2020 $12,675 $643,500 $643,500 $0
2019 -- $353,600 $353,600 $0
2018 -- $273,800 $273,800 $0
2017 -- $299,200 $299,200 $0
2016 -- $250,700 $250,700 $0
2015 -- $250,900 $0 $0
2014 -- $244,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 467746

Northern Michigan MLS

APN: 16-12-31-426-011