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About This Home

This 3-bedroom, 2-bathroom single family at 602 S King Street in Lake City, MI is listed for $499,900 ($361 per sqft). Built in 2026, the home offers 1,384 sqft of living space on a 0.34 acres lot.

Agent 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.

Key Features

  • Built in 2026
  • 0.34 acre lot
  • 2 stories
  • 1 parking spaces
  • Waterfront

Property Details

2 stories
2 full
1 space
2026

Amenities

WaterfrontViewBasement

Monthly Cost Estimate

$2,674/mo

20% down · 6.5% · 30 years

Principal$362
Interest$2,166
Insurance$146

Estimates only. Actual payments may vary.

Location

602 S King Street

Lake City, MI 49651

Features & Amenities

Interior Features

OtherVaulted Ceilings

Exterior Features

VinylOut Building

Property Details

Views

Water

Parking

None

Heating

Forced Air

Appliances

DryerRangeRefrigerator

Questions & Answers

This 3-bedroom, 2-bathroom single family at 602 S King Street is listed at $499,900 ($361/sqft). The estimated monthly payment is $2,166 based on 20% down at 6.5% interest.

Key features include: Built in 2026, 0.34 acre lot, 2 stories, 1 parking spaces, Waterfront. Interior Features: Other, Vaulted Ceilings. Exterior Features: Vinyl, Out Building.

This property is listed by Justin Lewis and can be reached at 2319207579 or justinlewisrealestate@gmail.com.

JL

Justin Lewis

Agent at Five Star Real Estate (Lake City)

(231) 920-7579

Listed by Five Star Real Estate (Lake City) · View on Broker Site

MLS# 1944272· Source: listhub· Updated 35 days ago

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.

602 S King Street, Lake City, MI 49651

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