UNDER CONTRACT
$220K PRICE DROP
8924 Cherry Ave Rapid City, MI 49676
Estimated payment $16,974/month
Total Views
8,014
5
Beds
6
Baths
3,220
Sq Ft
$925
Price per Sq Ft
Highlights
- Private Waterfront
- Deeded Waterfront Access Rights
- Sandy Beach
- Elk Rapids High School Rated A-
- Private Dock
- Deck
About This Home
Welcome to lake living at its absolute finest. This 5 bed/6 bath home has been completely reimagined and remodeled down to the studs, with no detail overlooked. Set on a stunningly landscaped double parcel offering 150 feet of private frontage on the sparkling waters of Elk Lake, this property delivers exceptional privacy, space, and panoramic water views in one of Northern Michigan’s most sought-after locations. The home’s newly constructed interior pairs modern finishes with warm, neutral tones, creating a refined yet relaxed atmosphere throughout. Expansive windows frame the turquoise waters of Elk Lake, flooding the living spaces with natural light. The layout is equally suited to quiet everyday living or entertaining on a larger scale, with five well-appointed bedrooms, six baths, and laundry on both the main and lower levels, offering room for everyone. Outside, the sprawling lakefront lot offers both peace and beauty, featuring lush gardens, mature trees, and plenty of open space to enjoy long summer days. But the true highlight? Direct access to the Elk River Chain of Lakes- boat from your backyard to the famous Caribbean-blue waters of Torch Lake! Whether you're seeking a year-round residence or the ultimate Northern Michigan getaway, this fully rebuilt lakefront home blends luxury, location, and livability like few others. All just minutes from the charming Village of Elk Rapids and a short drive to Traverse City.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,219
Year Built
- Built in 1979
Lot Details
- 2.26 Acre Lot
- Lot Dimensions are 665x152x652x150
- Private Waterfront
- 150 Feet of Waterfront
- Sandy Beach
- Landscaped
- Level Lot
- Sprinkler System
- Cleared Lot
- The community has rules related to zoning restrictions
Home Design
- Contemporary Architecture
- Raised Ranch Architecture
- Brick Exterior Construction
- Frame Construction
- Asphalt Roof
- Wood Siding
Interior Spaces
- 3,220 Sq Ft Home
- Wet Bar
- Bookcases
- Ceiling Fan
- Gas Fireplace
- Bay Window
- Mud Room
- Great Room
- Water Views
Kitchen
- Oven or Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Basement Windows
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Private Driveway
Outdoor Features
- Deeded Waterfront Access Rights
- Property is near a lake
- Private Dock
- Deck
- Covered Patio or Porch
Schools
- Lakeland Elementary School
- Cherryland Middle School
- Elk Rapids High School
Utilities
- Forced Air Heating and Cooling System
- Well
- Natural Gas Water Heater
- Cable TV Available
Community Details
- Water Sports
Map
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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 | $30 | $437,500 | $0 | $0 |
| 2024 | $30 | $412,500 | $0 | $0 |
| 2023 | $6,230 | $345,000 | $0 | $0 |
| 2022 | $7,963 | $609,600 | $0 | $0 |
| 2021 | $7,636 | $585,100 | $0 | $0 |
| 2020 | $7,220 | $548,000 | $0 | $0 |
| 2019 | $7,536 | $485,500 | $0 | $0 |
| 2018 | $7,560 | $473,000 | $0 | $0 |
| 2017 | $7,432 | $482,900 | $0 | $0 |
| 2016 | $5,186 | $449,100 | $0 | $0 |
| 2015 | -- | $433,000 | $0 | $0 |
| 2014 | -- | $406,200 | $0 | $0 |
| 2013 | -- | $393,000 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | Price Changed | $2,980,000 | -6.9% | $925 / Sq Ft |
| 06/18/2025 06/18/25 | For Sale | $3,200,000 | +128.6% | $994 / Sq Ft |
| 04/01/2024 04/01/24 | Sold | $1,400,000 | 0.0% | $372 / Sq Ft |
| 03/03/2024 03/03/24 | For Sale | $1,400,000 | -- | $372 / Sq Ft |
Source: Northern Great Lakes REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,400,000 | Attorneys Title Agcy Llc | |
| Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Similar Homes in Rapid City, MI
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1935328
APN: 05-12-314-044-00
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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