NOT LISTED FOR SALE

8160 Cairn Hwy Elk Rapids, MI 49629

Estimated Value: $1,211,840

4 Beds
5.5 Baths
4,615 Sq Ft
$263/Sq Ft Est. Value

Last Sold June 06, 2024

Last sale price $850,000 $184 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $7,277/month

401 Days on Market

Highlights

  • Spa
  • Second Garage
  • Colonial Architecture
  • Elk Rapids High School Rated A-
  • RV or Boat Parking
  • Countryside Views

About This Home

As of June 2024

INVESTMENT RESIDENTIAL PROPERTY – Located just two miles from ELK RAPIDS with views of ELK LAKE. Incredible opportunity to work where you live! Formally used as a Bed & Breakfast and is now used as a Short-Term Rental. Home is move-in-ready, as it is sold fully furnished. Hardwood flooring, open kitchen, gas fireplace, sunroom, main floor master, beautiful staircase, large covered front porch and more. This Colonial Style home boasts 4 bedrooms all with private baths and a non-conforming private 5th bedroom/bathroom in the lower. Attached 2-car garage and additional detached garage with extra living space plus additional storage. Large yard with countryside views and inviting paved circular driveway. Ample space in lower level for entertaining. A large, detached garage. This home offers so many opportunities for the creative minded person. Elegance, charm, comfort…the perfect combination! Currently being run as an income property - NOW TAKING RESERVATIONS FOR THE 2024 SEASON!

Last Agent to Sell the Property

Dennis Irelan

Lakeside Properties Real Estate License #6502393037 Listed on: 04/23/2023

Co-Listed By

Darci Springborn

REO - Elk Rapids-101308 License #6502411784

Last Buyer's Agent

Molly Buttleman

@properties Christie's Int'l License #6501374903

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,223

Year Built

  • Built in 1984

Lot Details

  • 1.83 Acre Lot
  • Lot Dimensions are 120x184x120x360x93x149
  • The community has rules related to zoning restrictions

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 4,615 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Countryside Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • Second Garage
  • Garage Door Opener
  • RV or Boat Parking

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Rain Gutters
  • Porch

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • Natural Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • Metes And Bounds Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,223

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Colonial
  • Estimated Year Built: 1984
  • Construction: Frame
  • Section Number: 15
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1984

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Hot Tub, Freezer, Exhaust Fan, Blinds, Drapes, Curtain Rods, Ceiling Fan, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Jetted Tub, Foyer Entrance, Walk-In Closet(s), Pantry, Granite Bath Tops, Formal Dining Room
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 11.6x16.8
  • Bedroom 2: Dimensions: 12x16.5
  • Bedroom 3: Dimensions: 10x11
  • Bedroom 4: Dimensions: 9.8x11
  • Total Bathrooms: 5.5
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 12x11.5
  • Kitchen: Dimensions: 12x11
  • Living Room: Dimensions: 21x13
  • Estimated Above Ground Finished Sq Ft: 3242
  • Estimated Below Grade Finished Sq Ft: 1372
  • Price Per Sq Ft: 184.18
  • Range: R 9W
  • Total Finished Sf Apx: 4615

Exterior Features

  • Additional Buildings: Secondary Garage(s)
  • Exterior Features: Deck, Patio, Countryside View, Porch, RV Parking, Gutters
  • Exterior Finish: Vinyl
  • Foundation: Poured Concrete, Full Finished
  • Number Of Acres: 1.83
  • Road: Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 4
  • Primary Garage: Attached, Detached, Door Opener, Paved Driveway, Finished Rooms

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Hot Water, Baseboard, Ductless A/C
  • Laundry: Dimensions: 7.7x5, On Level: Main Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, WiFi

Association/Amenities

  • Development Name: Metes and Bounds

Schools

  • School District: Elk Rapids Schools

Lot Info

  • Lot Dimensions: 120x184x120x360x93x149
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Elk Rapids Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2023
Closed on
May 31, 2024
Sold by
Grasshopper Ventures Llc
Bought by
Peacock Michael
Seller's Agent
Dennis Irelan
Lakeside Properties Real Estate
Buyer's Agent
Molly Buttleman
@properties Christie's Int'l
List Price
$1,150,000
Sold Price
$850,000
Premium/Discount to List
-$300,000
-26.09%
Views
311
Current Estimated Value
$1,211,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,840
Avg. Annual Appreciation
30.23%
Original Mortgage
$637,500
Outstanding Balance
$629,753
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$574,879

Purchase Details

Closed on
Dec 23, 2021
Sold by
Drous Deborah A and Drous Mark L
Bought by
Grasshopper Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 24, 2014
Closed on
Mar 23, 2015
Sold by
Helen R Perez Revocable Trust
Bought by
Drous Deborah A and Blackmore Mark L
Seller's Agent
Mary Boyce
Coldwell Banker Schmidt-Elk Ra
Buyer's Agent
Dennis Irelan
Lakeside Properties Real Estate
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.25%

Purchase Details

Closed on
Feb 8, 1999
Bought by
Perez Helen R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Peacock Michael $850,000 Chicago Title/Mi
Grasshopper Ventures Llc $875,000 None Listed On Document
Drous Deborah A $325,000 None Available
Perez Helen R $256,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peacock Michael $637,500
Previous Owner Grasshopper Ventures Llc $875,000
Closed Grasshopper Ventures Llc $875,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 Sold $850,000 -4.5% $184 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
09/20/2023 09/20/23 Price Changed $890,000 -10.8% $193 / Sq Ft
08/17/2023 08/17/23 Price Changed $998,000 -13.2% $216 / Sq Ft
04/23/2023 04/23/23 For Sale $1,150,000 +253.8% $249 / Sq Ft
03/23/2015 03/23/15 Sold $325,000 0.0% $72 / Sq Ft
03/23/2015 03/23/15 Sold $325,000 -7.1% $81 / Sq Ft
03/08/2015 03/08/15 Pending -- -- --
03/02/2015 03/02/15 Pending -- -- --
07/24/2014 07/24/14 For Sale $349,900 -6.7% $87 / Sq Ft
04/25/2014 04/25/14 For Sale $374,900 -- $83 / Sq Ft
Source: Northern Great Lakes REALTORS® 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 $10,223 $289,800 $0 $0
2024 $75 $283,700 $0 $0
2023 $7,156 $289,200 $0 $0
2022 $9,459 $199,400 $0 $0
2021 $7,384 $190,500 $0 $0
2020 $7,115 $197,300 $0 $0
2019 $7,207 $196,100 $0 $0
2018 $7,042 $178,200 $0 $0
2017 $6,912 $178,200 $0 $0
2016 $5,798 $168,800 $0 $0
2015 -- $166,400 $0 $0
2014 -- $149,800 $0 $0
2013 -- $120,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dennis Irelan

    Seller's Agent in 2024

    Dennis Irelan

    Lakeside Properties Real Estate

    (231) 883-5020

    170 Total Sales

    Dennis Irelan
    Section Image
  • Darci Springborn

    Seller Co-Listing Agent in 2024

    Darci Springborn

    Real Estate One

    (231) 590-8321

    160 Total Sales

    Darci Springborn
    Section Image
  • Molly Buttleman

    Buyer's Agent in 2024

    Molly Buttleman

    @properties Christie's Int'l

    (231) 463-6969

    192 Total Sales

    Molly Buttleman
    Section Image

  • G

    Seller's Agent in 2015

    Gregg Smith

    Coldwell Banker Woodland Schmidt Saugatuck

    Section Image

  • M

    Seller's Agent in 2015

    Mary Boyce

    Coldwell Banker Schmidt-Elk Ra

    Section Image

  • W

    Seller Co-Listing Agent in 2015

    William Edwardson

    Lakeside Properties Real Estate

See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1910265

Northern Great Lakes REALTORS® MLS

APN: 05-06-015-018-10

Michigan Antrim County Elk Rapids 49629

8160 Cairn Hwy, Elk Rapids, MI

This home is located at 8160 Cairn Hwy, Elk Rapids, MI 49629 since 23 April 2023 and is currently estimated at $1,211,840, approximately $262 per square foot. This property was built in 1984. 8160 Cairn Hwy is a home located in Antrim County with nearby schools including Elk Rapids 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.

Northern Great Lakes REALTORS® MLS 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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