$549,000
$76K PRICE DROP

7481 Five Lakes Dr Farwell, MI 48622

Estimated payment $3,002/month

Total Views 3,019
6 Beds
3 Baths
3,390 Sq Ft
$162 Price per Sq Ft

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

Motivated Sellers ready for their next chapter can be your gain...Nestled on Five Lakes in Clare County, this stunning residence offers a spacious interior, complete with six bedrooms and three full bathrooms. Residents can unwind on the private beach or picnic area, taking in the picturesque views of All sports Five Lakes. The property spans three lots, featuring a path to the water. Manicured grounds showcase a serene pond with waterfall, vibrant lilacs, raised beds and pear tree. Warm weather nights can be savored on the expansive cement patio area or stay cool inside with the Central Air Conditioning. This home is energy efficient with low utility bills. The kitchen is a true showstopper, boasting handmade Amish cabinetry with soft-close drawers and doors.GE gas range with air fry functionality and other features. LG range hood and fan. Frigidaire Gallery side-by-side refrigerator and freezer with built-in water and ice maker. Newly installed GE dishwasher. Samsung front-loading washer and dryer with accompanying pedestal drawers. Heavy-duty outdoor dining table with 8 matching chairs. Electric fireplace paired with matching shelves. Basement bedrooms feature egress windows and ample closet space. Additional highlights include an attached garage and cement driveway. All Three lots are adjoining.

Listing Agent

Shannon Chrisman

HOMEWATERS - Gladwin License #CGBOR-6501424545 Listed on: 07/06/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2016

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 217x173x409x150

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Additional Features

  • Basement

Community Details

  • Five Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 015-260-290-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5

Year Built

Built in 2016

Lot Details

0

HOA Fees

$11 per month

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 5758.58
  • Total Tax Year: 2024
  • Year Built: 2016
  • Mail City: Farwell
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Yes
  • Bedrooms: 6
  • Bedroom 1: Dimensions: 15 x 10
  • Bedroom 2: Dimensions: 11 x 11
  • Bedroom 3: Dimensions: 12 x 11
  • Bedroom 4: Dimensions: 12 x 10
  • Bedroom 5: Dimensions: 10 x 13
  • Bedroom 6: Dimensions: 12 x 12
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Bathroom 1: On Level: Basement
  • Bathroom 2: On Level: Main
  • Bathroom 3: On Level: Main
  • Dining Room: Dimensions: 9 x 18
  • Kitchen: Dimensions: 14 x 18
  • Below Grade Sq Ft: 1890
  • Finished Below Grade Sq Ft: 1890
  • Above Grade Finished Sq Ft: 1500
  • Total Finished Sq Ft: 3390

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Basement
  • Frontage: 217
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Private Well
  • Cooling: Central A/C

Condo/Co-op/Association

  • HOA Fees: 130
  • HOA Fee Frequency: Yearly
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 015-260-290-00
  • Lot Dimensions: 217x173x409x150
  • Acreage: 1
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2025, Amount: $1,428.20
  • Winter Tax: Year: 2024, Amount: $4,330.38
  • Taxable Value: 134207
  • Total Tax: Year: 2024, Amount: $5,758.58
  • SEV Year: 2025

MLS Schools

  • School District: Farwell Area Schools

Map

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
08/09/2025 08/09/25 Price Changed $549,000 -3.5% $162 / Sq Ft
07/28/2025 07/28/25 Price Changed $569,000 -1.7% $168 / Sq Ft
07/18/2025 07/18/25 Price Changed $579,000 -3.3% $171 / Sq Ft
07/11/2025 07/11/25 Price Changed $599,000 -4.2% $177 / Sq Ft
07/06/2025 07/06/25 For Sale $625,000 -- $184 / Sq Ft
Source: Clare Gladwin Board of REALTORS®

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Source: Clare Gladwin Board of REALTORS®

MLS Number: 50180770

Clare Gladwin Board of REALTORS®

APN: 18-015-260-298-00

Michigan Clare County Farwell 48622

7481 Five Lakes Dr, Farwell, MI

This home is located at 7481 Five Lakes Dr, Farwell, MI 48622 and is currently priced at $549,000, approximately $161 per square foot. This property was built in 2016. 7481 Five Lakes Dr is a home located in Clare County with nearby schools including Farwell High School.

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.

Clare Gladwin Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Listing Agent
Shannon Chrisman
Section Image
HOMEWATERS - Gladwin
(989) 502-0866