About This Home

This 4-bedroom, 2-bathroom single family at 506 Prospect Street in Lake City, MI is listed for $239,900 ($196 per sqft). Built in 1974, the home offers 1,221 sqft of living space on a 0.23 acres lot.

Key Features

  • Built in 1974
  • 0.23 acre lot

Property Details

1 story
1 full, 1 half
1974
Listing Description

Well-maintained 4-bedroom, 1.5-bath ranch home situated on a large double corner lot in a desirable Lake City neighborhood! Enjoy the convenience of in-town living just a short walk from beautiful Lake Missaukee's quarter-mile sandy beach, pickleball, tennis and basketball courts, skateboard park, library, downtown shopping, dining, and the beloved Tasty Treat.

The large front and side yards provide plenty of room to enjoy the outdoors. A fire pit and campfire area on the west side of the garage are perfect for evening gatherings, while the cozy patio between the home and detached garage creates an inviting space for entertaining, summer barbecues, morning coffee, or relaxing with family and friends.

Located on a quiet street across from a church, this home also features a fenced backyard and a 28' x 24' detached garage with workshop, providing excellent storage and workspace. Recent updates include a mudroom closet off the front entry, refreshed kitchen cabinets with a stylish backsplash, completely remodeled full and half bathrooms, new lamin

ate flooring, updated carpeting, fresh paint throughout, updated light fixtures, added gutters, and a newer furnace with central air conditioning. The functional floor plan offers four bedrooms and one-and-a-half baths, while the full unfinished basement provides excellent storage and future finishing potential. Conveniently located just one block from the elementary school and four blocks from downtown, this move-in-ready home offers comfort, convenience, and small-town charm in one exceptional package.

Monthly Cost Estimate

$1,283/mo

20% down · 6.5% · 30 years

Principal$173
Interest$1,040
Insurance$70

Estimates only. Actual payments may vary.

Location

506 Prospect Street

Lake City, MI 49651

Features & Amenities

Interior Features

Foyer EntranceWalk-In Closet(s)Formal Dining RoomDrywall

Exterior Features

PatioSidewalkFenced YardCountryside ViewCovered PorchLandscapedGutters

Property Details

Construction

Frame

Pool Features

PorchPatio

Appliances

RefrigeratorOven/RangeDishwasherMicrowaveWasherDryerBlindsDrapesCurtain RodsCeiling FanElectric Water HeaterSmoke Alarms(s)

Questions & Answers

This 4-bedroom, 2-bathroom single family at 506 Prospect Street is listed at $239,900 ($196/sqft). The estimated monthly payment is $1,283 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1974, 0.23 acre lot. Interior Features: Foyer Entrance, Walk-In Closet(s), Formal Dining Room. Exterior Features: Patio, Sidewalk, Fenced Yard.

This property is listed by Tamara McLeod Helsel and can be reached at 2319206422.

TH

Tamara McLeod Helsel

Agent at City2Shore Real Estate Northern Michigan

(231) 920-6422

Listed by City2Shore Real Estate Northern Michigan · View on Broker Site

MLS# 1947299· Source: listhub· 9 days on market

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

506 Prospect Street, Lake City, MI 49651

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