$560,000
SOLD MAY 14, 2025

7251 Carlton Cove Carp Lake, MI 49718

8 Beds
5.5 Baths
4,916 Sq Ft
0.58 Acres

Recently Sold

$114 Per Sq Ft

5% Below List Price

234 Days on Market

Highlights

  • 151 Feet of Waterfront
  • First Floor Utility Room
  • Detached Garage
  • Pellston Elementary School Rated 9+
  • Wood Frame Window
  • Living Room

About This Home

As of May 2025

Discover the unique investment opportunity at 7251, 7274 Carlton Cove Road, Carp Lake, MI. Listed at $590,000, this property spans 4.35 acres and offers 151 feet of waterfront on Paradise Lake. The total living space is 4,916 sq ft, including a primary residence of 1,344 sq ft with 2 bedrooms, 1.5 baths, a renovated kitchen with hardwood floors, a wood-burning fireplace, and a new roof installed in 2021. Additionally, there are four cabins: Cabin A (1,008 sq ft) with 2 bedrooms and a screened porch, Cabin B (1,056 sq ft) and Cabin C (432 sq ft) which share a screened porch, and Cabin D (1,076 sq ft) with 2 bedrooms. Each cabin features a full kitchen, individual water heaters, and forced air heating. All buildings boast aluminum siding, wood trim, asphalt shingle roofing, and knotty pine interiors. Located just 6 miles south of Mackinaw City near Pellston Regional Airport, this property is perfect for those looking to start a mini-resort or maintain a private large family compound. The setting is ideal for personal enjoyment or as a lucrative rental business.

Last Agent to Sell the Property

Jack Van Treese

Jack Van Treese & Assoc.. Listed on: 09/22/2024

Co-Listed By

Christopher Skrobeck

Van Treese Management LLC

Last Buyer's Agent

Jack Van Treese

Jack Van Treese & Assoc.. Listed on: 09/22/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,844

Lot Details

  • 151 Feet of Waterfront
  • Property is zoned Resort/Commerical

Parking

  • Detached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 4,916 Sq Ft Home
  • 1-Story Property
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Water Views

Bedrooms and Bathrooms

  • 8 Bedrooms

Utilities

  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 03-06-11-351-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,844

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 09/22/2024
  • Section: 11
  • Second Address Number: 7251 & 7274
  • Directions: US 31 N to Gill road take a right then take a left on paradise trail take a right onto Carlton road proceed 1/4 of a mile house will be on the left of road and cottages will be on the right facing carp/paradise lake
  • Price per Sq Ft: 113.91
  • OFFICELIST_STATE: MI
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 4916
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: Main
  • Total Rooms: 18
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Main
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 4916
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 8
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash, Andersen

Exterior Features

  • Construction: Wood Frame/Site Built, One Story
  • Lake: Paradise/Carp
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 151
  • Waterfront Water Access: Water Front
  • Water View: Yes
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

  • Garage Carport: Garage-Detached

Utilities

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

Schools

  • School District: MacKinaw City
  • School District: Mackinaw City

Lot Info

  • Zoning: Resort/Commerical

Tax Info

  • Assessor Parcel Number: 03-06-11-351-007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2024
Closed on
May 21, 2025
Sold by
Clear Jack
Bought by
Morse Richard and Harvey-Morse Ordel J
Seller's Agent
Jack Van Treese
Jack Van Treese & Assoc..
Buyer's Agent
Jack Van Treese
Jack Van Treese & Assoc..
List Price
$590,000
Sold Price
$560,000
Premium/Discount to List
-$30,000
-5.08%
Views
241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-55.36%
Original Mortgage
$356,250
Outstanding Balance
$355,935
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$136,271

Purchase Details

Listed on
Sep 22, 2024
Closed on
May 12, 2025
Sold by
Kolpacki Barbara
Bought by
Morse Richard and Harvey-Morse Ordel J
Seller's Agent
Jack Van Treese
Jack Van Treese & Assoc..
Buyer's Agent
Jack Van Treese
Jack Van Treese & Assoc..
List Price
$590,000
Sold Price
$560,000
Premium/Discount to List
-$30,000
-5.08%
Views
241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Outstanding Balance
$355,935
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$136,271
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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $475,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $356,250 New Conventional
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 Sold $560,000 -5.1% $114 / Sq Ft
09/22/2024 09/22/24 For Sale $590,000 -- $120 / 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
2024 $5,844 $227,500 $227,500 $0
2023 $5,615 $215,400 $215,400 $0
2022 $5,615 $181,200 $181,200 $0
2021 $5,721 $162,800 $162,800 $0
2020 $5,606 $148,800 $148,800 $0
2019 -- $140,300 $140,300 $0
2018 -- $111,600 $111,600 $0
2017 -- $120,400 $120,400 $0
2016 -- $124,300 $124,300 $0
2015 -- $116,800 $0 $0
2014 -- $105,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 474972

Northern Michigan MLS

APN: 03-06-11-351-007