NOT LISTED FOR SALE

5655 Bayshore Dr Ellsworth, MI 49729

Estimated Value: $1,452,649

5 Beds
4.5 Baths
2,891 Sq Ft
$502/Sq Ft Est. Value

Last Sold May 21, 2024

Last sale price $1,300,000 $450 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,960/month

45 Days on Market

Highlights

  • 181 Feet of Waterfront
  • Deck
  • Main Floor Primary Bedroom
  • Docks
  • Cathedral Ceiling
  • First Floor Utility Room

About This Home

As of May 2024

Available for the very first time this magnificent cottage on an estate sized parcel with sunset views over Lake Michigan hits the core of what makes the western shore in Northern Michigan the premier family beach destination of the Great Lakes region. At 1.6 acres and 181 feet of pristine frontage this property is all about the sun, the sand, and creating memories with loved ones framed against the ever-changing landscape that the lake and shoreline provides. The interior of this sprawling family complex is a perfect blend of classic cottage with some mid-century tones but boasts a modern floor plan featuring dual primary suites as well as dual bunk rooms and lots of great open space to suit multi-generational needs under one roof. In addition to the main house there is a paddle board storage area off the deck with an unbelievable second story annex above that these owners have affectionally dubbed "The Treehouse", an elevated suite perched above the lake reserved for those special (or sometimes not as special) guests. There’s even room for expansion here with a large unheated room above the garage and a bathroom to service your own private tennis court. This is a special place in a special location perfect for executing that Family Cottage Plan you have been day dreaming about, so leave the traffic and strip malls behind and get to the beach, you won't regret connecting with Lake Michigan and the nature that surrounds it and if you really need the commerce 5655 Bayshore Drive is conveniently located between Petoskey and Traverse City, making both Little Traverse Bay and Grand Traverse Bay easily accessible. Replication costs for this size structure on a site like this would cost a fortune and is a 2–3-year process so get here for summer 2024! Easy occupancy and easy living.... Lake Michigan is waiting for you.

Last Agent to Sell the Property

Michael MacCarthy

Gaslight Group Properties Listed on: 04/06/2024

Last Buyer's Agent

Michael MacCarthy

Gaslight Group Properties Listed on: 04/06/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41

Lot Details

  • Lot Dimensions are 181 x 465 x 505 x 150
  • 181 Feet of Waterfront

HOA Fees

  • $58 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,891 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Family Room on Second Floor
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Water Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Detached Carport Space

Outdoor Features

  • Docks
  • Deck

Utilities

  • Heating System Uses Propane
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 05-14-635-021-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$41

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 04/06/2024
  • Section: 1
  • Second Address Number: 5655
  • Directions: 31 South to Old Dixie Hwy left on Jeffers Lane turn right on Bayshore Drive, 7th driveway on the waterside.
  • Price per Sq Ft: 449.67
  • OFFICELIST_STATE: MI
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cathedral Ceilings, Ceiling Fans, Deck, Dishwasher, Dock, Dryer, Range, Refrigerator, Washer
  • Total Finished Sq Ft: 2891
  • Master Bedroom: Dimensions: 14' 5 x 19' 5, On Level: Main
  • Bedroom 2: Dimensions: 12' 10 x 16' 10, On Level: Upper
  • Bedroom 3: Dimensions: 14' 3 x 14' 8, On Level: Main
  • Bedroom 4: Dimensions: 13' 2 x 9' 7, On Level: Main
  • Total Rooms: 12
  • Dining Room: Dimensions: 16' 1 x 11' 2, On Level: Main
  • Kitchen: Dimensions: 13' 4 x 16' 10, On Level: Main
  • Family Room: Dimensions: 21' 10 x 27' 10, On Level: Upper
  • Living Room: Dimensions: 19' 7 x 13' 9, On Level: Main
  • Above Grade Finished Sq Ft: 2891
  • Bathroom 1: Dimensions: 9' 8 x 11' 2, On Level: Main
  • Bathroom 2: Dimensions: 9' 10 x 8' 6, On Level: Upper
  • Number Of Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Rooms 1: Dimensions: 13' 2 x 9' 7, On Level: Main
  • Rooms 2: Dimensions: 14' 3 x 14' 6, On Level: Upper

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Michigan
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 181
  • Waterfront Water Access: Water Front
  • Water View: Yes
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

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

Utilities

  • Heat Type: LP Gas
  • Sewer: Septic
  • Water: Well

Condo/Co-op/Association

  • Association: Yes
  • Fees: 700

Schools

  • School District: Ellsworth
  • School District: Ellsworth

Lot Info

  • Estimated Lot Dimensions: 181 x 465 x 505 x 150
  • Zoning: Res

Tax Info

  • Assessor Parcel Number: 05-14-635-021-00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $1,300,000 +4.0% $450 / Sq Ft
04/06/2024 04/06/24 For Sale $1,250,000 -- $432 / 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 $41 $630,900 $0 $0
2024 $41 $587,500 $0 $0
2023 $4,010 $520,200 $0 $0
2022 $7,437 $435,800 $0 $0
2021 $6,867 $383,500 $0 $0
2020 $7,014 $366,400 $0 $0
2019 $6,775 $329,000 $0 $0
2018 $6,623 $326,300 $0 $0
2017 $6,062 $317,100 $0 $0
2016 $3,357 $287,500 $0 $0
2015 -- $296,300 $0 $0
2014 -- $338,200 $0 $0
2013 -- $311,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 473409

Northern Michigan MLS

APN: 05-14-635-021-00