Price Reduction - Water Views
Address
602 S King Street, Lake City, MI
Price
$ 479,900
Property Attributes
  • MLS#1944272
  • TypeSingle Family
  • Listing Status Active
  • CountyMISSAUKEE
  • CityLake City
  • AreaMissaukee
  • NeighborhoodCity of Lake City
  • Zip49651
  • Style
  • Year Built2026
  • Price$ 479,900
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1384
  • Lot Size0.34 Acres
Data Source:
Northern Great Lakes REALTORS® MLS (NGLRMLS)
Property Description

Welcome to one of the most unique opportunities in Lake City. This newly built 3-bedroom, 2-bath home offers the perfect blend of modern construction and flexible use, all within walking distance to Miltner Park and the beautiful shoreline of Lake Missaukee. Whether you are looking for a full-time residence, vacation getaway, or investment property, this home was thoughtfully designed to meet a variety of needs. Built with short-term rental potential in mind, the layout allows for easy conversion into a duplex, featuring separate heating units for each side. This creates an ideal setup for generating income while maintaining privacy and comfort. Inside, you’ll find warm pine tongue-and-groove finishes throughout, paired with high ceilings in the bedrooms that give the home an open, inviting feel. The upstairs windows provide a peaceful view overlooking the lake, adding to the overall Northern Michigan charm. Step outside and enjoy a level of privacy rarely found this close to town, enhanced by a city-approved variance for the fenced yard. Just a short walk brings you to the heart of the community, where you can enjoy beach days, local events, and everything that makes Lake City special. Known for its all-sports lake and hosting one of the most celebrated Fourth of July events in Northern Michigan, this area continues to draw attention from both homeowners and investors alike. With fewer than five homes built after 2020 having sold in Lake City, opportunities like this are incredibly limited. Located on Lakeshore Drive, an area that has consistently shown strong value growth, this property represents not only a place to live or vacation, but a smart long-term investment in a thriving market.

Price History
4/27/2026 Listed $499,900
9/2/2026 5$479,900

General Features

Sewer Public Sewer
Heating Forced Air,Natural Gas
Possession Close Of Escrow
Roof Asphalt
Appliances Refrigerator,Oven/Range,Washer,Dryer,Other
Association Fee Includes None
Construction Materials Frame,Vinyl Siding
Pets Allowed false
Year Built 2026
View Water
Stories Count 2
Township City of Lake City
Levels Two
Property Subtype Single Family Residence
Community Features None
Accessibility Covered Entrance
Assoc Fee Paid Per Annually
County Missaukee
New Construction No
Property Type Residential
Attached Garage No
Subdivision Name Langley Add
Garage Y/N No
Other Structures None
Full Baths 2
Status Active
Directions House is located just in front of the fire department. As you are leaving lake city. Take a left on 1st street and then a right on king street. House will be located on the right with a Large brown f
City Lake City
High School District Lake City Area School District
Zoning Description Residential
Lot Size Units Acres
Lot Size Square Feet 14810.4
Carport Y/N No
Home Warranty Y/N No
Lease Renewal Y/N No
Lease Considered Y/N No
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Lake City Area School District
Elementary School District Lake City Area School District
Tax Assessed Value 142363
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description LOTS 6 & 11 & N 1/2 OF LOTS 7 & 10 BLK A. LANGLEY'S ADD. SPLIT/COMBINED ON 05/17/2021 FROM 051-351-004-00;
Freehold VOW,BBO,IDX

Interior Features

Interior Amenities Other,Vaulted Ceiling(s)
Fireplace Features Stove
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N Yes
Above Grade Finished Area 1384
Laundry Features Upper Level
Total Bedrooms 3
Main Level Bathrooms 2
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
Primary Bathroom Features Shared
Kitchen Area 42
Kitchen Length 7
Kitchen Width 6
Living Room Length 13
Living Room Width 11
Primary Bedroom Length 19
Primary Bedroom Width 15

Exterior Features

Exterior Amenities Other
Parking Features Gravel,Dirt,None
Lot Features Other,Metes and Bounds
Water Source Public
Lot Size Area 0.34
Foundation Details Slab
Number of Buildings 1
Spa No
Lot Dimensions 100x148
Lot Size Acres 0.34
Road Surface Type Asphalt
Waterfront Y/N No
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 49651

Price
AVG $370K
$480K
Year Built
AVG 1982
2026
Visits
AVG 119
168
Data Provided by Inside Real Estate®

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