About This Home

This 3-bedroom, 2-bathroom single family at 10887 3rd Street in Stanwood, MI is listed for $189,000 ($135 per sqft). Built in 1976, the home offers 1,404 sqft of living space on a 0.17 acres lot.

Key Features

  • Built in 1976
  • 0.17 acre lot
  • 2 stories
  • Waterfront

Property Details

2 stories
1 full, 1 half
1-car garage
1976

Amenities

Waterfront
Listing Description

Opportunity in Canadian Lakes! This 3 bedroom, 2 bath home sits in a prime location just steps from the Main Lake, offering access to one of the most desirable areas in Canadian Lakes. The home is being listed well under fair market value due to a known foundation issue that has caused sinking in the dining area.

This is not a cosmetic project and likely not a traditional financing situation. Buyers should be prepared for repairs and are encouraged to do their due diligence. That said, the upside is easy to see. The home sits on a nice lot with a quiet backyard, attached garage, and an excellent location near the lake. For the right buyer - contractor, investor, flipper, or someone looking for a project with real potential - this could be a strong opportunity to build equity in a highly sought-after community.

Monthly Cost Estimate

$1,909/mo

20% down · 6.5% · 30 years

Principal$137
Interest$819
Insurance$55
HOA$898

Estimates only. Actual payments may vary.

Location

10887 3rd Street

Stanwood, MI 49346

Features & Amenities

Interior Features

Broadband

Property Details

Construction

Vinyl Siding

Outdoor Features

PorchDeck

Parking

GarageOpen

Heating

BaseboardHot Water(Heating)

Appliances

OvenRangeRefrigerator

Questions & Answers

This 3-bedroom, 2-bathroom single family at 10887 3rd Street is listed at $189,000 ($135/sqft). The estimated monthly payment is $1,909 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $898/month.

Key features include: Built in 1976, 0.17 acre lot, 2 stories, Waterfront. Interior Features: Broadband.

This property is listed by Chris Jane.

CJ

Chris Jane

Agent at Chris Jane Sells Houses

Listed by Chris Jane Sells Houses · Broker phone: 231-250-0884 · View on Broker Site

MLS# 26037623· Source: Michigan Regional Information Center, LLC.· 101 days on PropertySimple

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

10887 3rd Street, Stanwood, MI 49346

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