About This Home

This 3-bedroom, 4-bathroom single family at 5451 Lakeshore Drive in Eagle River, MI is listed for $980,000 ($165 per sqft). Built in 1998, the home offers 5,955 sqft of living space on a 7.33 acres lot.

Key Features

  • Built in 1998
  • 7.33 acre lot
  • 2 stories
  • Fireplace
  • Waterfront

Property Details

2 stories
2 full, 2 half
1998

Amenities

FireplaceWaterfront
Listing Description

This high end lake home sits on an estimated 7.33 acre parcel along Lake Superior in Eagle River, with 193 feet of sugar sand frontage. The shoreline here allows you to walk for about 1.5 miles in either direction, and property turnover on this three mile section of sandy beach is infrequent.

The water is very wadable with a slow, gradual drop off, and the sunsets are exceptional. The home is positioned on Lakeshore Drive, a private road with no public access. The current owner is a year round resident, as are several others who share road access.

*** Inside, the home features a vaulted living room ceiling, strong natural light throughout from extensive glass, oak trim, doors, and floors, and a wood fired fireplace. The primary suite is on the second level and includes a jacuzzi tub in the bath, a walk in closet, and its own walk out lakeside balcony.

The main level offers a full bath and two guest bedrooms, and the lower level provides direct access to the garage, a laundry room, and a home office. *** The septic system has been replaced recently. Furniture may be negotiated separately from the house.

Seller would entertain seller financing on up to $350,000 of the purchase price to a qualified buyer. The parcel is believed to be within a critical dune area, so further development could be restricted. ***For recreation, the property includes a heated pool with a sauna, half bath, and wood fired fireplace all in the same room.

A boat launch and ATV trail are both a manageable distance away, and the sought after Fitzgerald's restaurant is a short drive from the home. This is one of the nicest beaches in the Keweenaw you can buy into. Virtual 3-D tour and video tours are available.

Monthly Cost Estimate

$5,241/mo

20% down · 6.5% · 30 years

Principal$709
Interest$4,247
Insurance$286

Estimates only. Actual payments may vary.

Location

5451 Lakeshore Drive

Eagle River, MI 49950

Features & Amenities

Interior Features

9 ft + CeilingsCathedral/Vaulted CeilingHardwood FloorsIndoor PoolWalk-In ClosetSpa/Sauna

Exterior Features

DeckPatioSwimming Pool

Property Details

Outdoor Features

DeckPatio

Parking

Garage

Heating

Baseboard

Cooling

Ceiling Fan(s)

Appliances

DishwasherDryerMicrowaveRange/OvenRefrigeratorWasher

Questions & Answers

This 3-bedroom, 4-bathroom single family at 5451 Lakeshore Drive is listed at $980,000 ($165/sqft). The estimated monthly payment is $5,241 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1998, 7.33 acre lot, 2 stories, Fireplace, Waterfront. Interior Features: 9 ft + Ceilings, Cathedral/Vaulted Ceiling, Hardwood Floors. Exterior Features: Deck, Patio, Swimming Pool.

This property is listed by ADAM TAIVALKOSKI and can be reached at 9063691489.

AT

ADAM TAIVALKOSKI

Agent at SAVU REALTY

(906) 369-1489

Listed by SAVU REALTY · Broker phone: 9063691489 · View on Broker Site

MLS# 50214494· Source: Upper Peninsula Association of Realtors· 76 days on PropertySimple

Copyright © 2026 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5451 Lakeshore Drive, Eagle River, MI 49950

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