7457 Cairn Hwy Elk Rapids, MI 49629
Estimated payment $2,331/month
Highlights
- Sandy Beach
- Public Water Access
- Porch
- Elk Rapids High School Rated A-
- Ranch Style House
- 1 Car Attached Garage
About This Home
Looking for the perfect vacation getaway, family home, or income-producing short-term rental investment with almost all 5 STAR reviews? Welcome to 7457 Cairn Highway- updated throughout in 2022, beautifully maintained 3-bedroom, 2-bath home in one of Northern Michigan’s most sought-after lakefront communities. Location is everything, and this property is ideally situated just 500 feet from public access to stunning Elk Lake perfect for paddleboarding or kayaking. No permit is required for short-term rentals in this township, offering excellent potential for immediate rental income. Inside, you'll find a warm, inviting layout featuring a bright and spacious main level and a fully finished lower-level with bedroom, bathroom and rec area ideal for entertaining or extra guest space. The home offers comfortable bedrooms, updated bathrooms, and plenty of natural light throughout. Enjoy being just minutes from Torch Lake, downtown Elk Rapids, and an easy drive to Traverse City, making it a central hub for year-round fun from boating and hiking to wineries and festivals. Don’t miss this rare opportunity to own a flexible-use property in a prime location, whether you’re investing, vacationing, or planting roots in Northern Michigan! Furnishings are negotiable and rental revenue information available upon request. NEW GUTTERS installed August 2025.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,622
Year Built
- Built in 1959
Lot Details
- 3,049 Sq Ft Lot
- Lot Dimensions are 41x79
- Sandy Beach
- Level Lot
- Cleared Lot
- The community has rules related to zoning restrictions
Home Design
- Ranch Style House
- Fire Rated Drywall
- Frame Construction
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,464 Sq Ft Home
- Basement Fills Entire Space Under The House
Kitchen
- Oven or Range
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Parking
- 1 Car Attached Garage
- Gravel Driveway
Outdoor Features
- Public Water Access
- Property is near a lake
- Porch
Utilities
- Forced Air Heating and Cooling System
- Well
- Cable TV Available
Community Details
Overview
- Maple Harbor Community
Recreation
- Water Sports
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,622 | $101,500 | $0 | $0 |
| 2024 | $22 | $88,400 | $0 | $0 |
| 2023 | $2,136 | $65,100 | $0 | $0 |
| 2022 | $746 | $45,400 | $0 | $0 |
| 2021 | $2,657 | $41,900 | $0 | $0 |
| 2020 | $2,105 | $43,800 | $0 | $0 |
| 2019 | $2,177 | $45,700 | $0 | $0 |
| 2018 | $2,095 | $43,900 | $0 | $0 |
| 2017 | $675 | $43,900 | $0 | $0 |
| 2016 | $481 | $41,700 | $0 | $0 |
| 2015 | -- | $41,200 | $0 | $0 |
| 2014 | -- | $37,100 | $0 | $0 |
| 2013 | -- | $29,900 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/18/2025 07/18/25 | Price Changed | $399,900 | -2.4% | $273 / Sq Ft | |
| 06/30/2025 06/30/25 | For Sale | $409,900 | +28.5% | $280 / Sq Ft | |
| 09/23/2022 09/23/22 | Sold | $319,000 | -0.3% | $218 / Sq Ft | View Prior Sale |
| 09/23/2022 09/23/22 | Sold | $320,000 | +6.7% | $219 / Sq Ft | View Prior Sale |
| 09/19/2022 09/19/22 | For Sale | $299,900 | 0.0% | $205 / Sq Ft | |
| 09/01/2022 09/01/22 | Pending | -- | -- | -- | |
| 08/24/2022 08/24/22 | For Sale | $299,900 | +11.5% | $205 / Sq Ft | |
| 06/01/2022 06/01/22 | Sold | $269,000 | -6.9% | $184 / Sq Ft | View Prior Sale |
| 04/15/2022 04/15/22 | For Sale | $289,000 | +144.9% | $197 / Sq Ft | |
| 02/20/2022 02/20/22 | Sold | $118,000 | -15.7% | $137 / Sq Ft | View Prior Sale |
| 08/04/2021 08/04/21 | For Sale | $139,900 | -- | $162 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $319,000 | Riverside Title | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $239,250 | New Conventional |
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1935839
APN: 05-06-475-034-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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