# 506 Prospect Street, Lake City, MI 49651

> **TL;DR:** 4bd/2ba single family, $239,900 ($196/sqft), built 1974, 1,221 sqft. Est. $1,283/mo. Listed 9 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $239,900 |
| Price/sqft | $196 |
| Bedrooms | 4 |
| Bathrooms | 1 full, 1 half |
| Square Feet | 1,221 |
| Year Built | 1974 |
| Lot Size | 10,019 sqft (0.23 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 9 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,213 |
| Estimated Insurance | $70 |
| **Total** | **$1,283** |

## Property Highlights

- Built in 1974
- 0.23 acre lot

## Description

### Agent 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 laminate 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.

## Location

- **Address:** 506 Prospect Street, Lake City, MI 49651
- **County:** Missaukee
- **Coordinates:** 44.332866, -85.210014
- **Google Maps:** https://www.google.com/maps?q=44.332866,-85.210014

## Virtual Tour & Media

- **Video Tour:** https://montage-media.aryeo.com/sites/rqlxvwvq/unbranded

## Listing Agent

- **Name:** Tamara McLeod Helsel
- **Brokerage:** City2Shore Real Estate Northern Michigan
- **Phone:** 2319206422

## Primary Photo

![506 Prospect Street - Primary Photo](http://lh.rdcpix.com/b852240b7e83b2913ebcf91d5ce06a6cl-f3979535204r.jpg)

*55 total photos available on [listing page](https://www.propertysimple.ai/listing/506-prospect-street-lake-city-mi-49651-1947299)*

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**MLS#:** 1947299 | **Updated:** 2026-08-02
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/506-prospect-street-lake-city-mi-49651-1947299)

---

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