Magician Lake Property in Sister Lakes — Turnkey Lakefront Opportunity
Offered at $749,900
50755 W. Bay Rd., Dowagiac, MI 49047
Welcome to a truly special turnkey lakefront property located on the channel of desirable Magician Lake in the Sister Lakes area. This rare offering includes two fully equipped buildings on one parcel, providing exceptional flexibility for entertaining and hosting guests all included in the asking price.
Property Highlights
• 83 feet of private channel frontage with direct access to Magician Lake
• Additional 60 feet of private main-lake frontage just down the street
• Shallow sandy beach exclusive to homeowners on the block
• Dock accommodates 2–3 boats plus 2 WaveRunners simultaneously
• New driveway with parking for up to 8 vehicles
• New well installed
• New lakeside composite deck
• Lakeside fire pit area
• Professionally landscaped grounds
• Low property taxes
• Can be sold fully turnkey, including furnishings
Each building features its own:
• Furnace & central air conditioning
• Washer/dryer combo
• Hot water tank
• Electrical panel
Main Home
• Approx. 1,000 sq ft
• 2 bedrooms + loft
• 2 full bathrooms
• Fully renovated down to the studs (4½ years ago)
• New roof (2½ years ago)
• HVAC, electrical, and hot water tank updated during renovation
Custom Finished Pole Barn (1,600 sq ft | Built 2½ Years Ago)
Beautifully designed with driftwood accents throughout:
• Kitchen, family room, bathroom, bar, and game area. Ideal for entertaining
• Upper level includes a spacious family room with sectional seating & TV plus two additional rooms
• 12’ x 7’ overhead garage door opens directly to a lakeside patio, creating seamless indoor-outdoor living
Enjoy swimming and fishing right from your private dock, along with access to a private sandy beach on the main lake, available exclusively to homeowners on this street. A rare and highly sought-after amenity.
Optional Equipment Available Separately
• 2024 Bennington LX Sport pontoon (55 hours)
• Two 2023 WaveRunners (18 hours each)
• Two boat lifts
A unique, move-in-ready lake property offering space, flexibility, and the ultimate Sister Lakes lifestyle.
For sale by owner
$749,900
50755 W Bay Rd, Dowagiac, MI 49047
2beds
2,600sqft
Est.:
SingleFamily
Built in 1950
5,810 Square Feet Lot
$-- Zestimate®
$288/sqft
$25/mo HOA
What's special
Professionally landscaped groundsNew lakeside composite deckLakeside fire pit area
- 3 days |
- 491 |
- 23 |
Listed by:
Property Owner (708) 846-9090
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced air, Electric, Gas
Cooling
- Central
Appliances
- Included: Dryer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Linoleum / Vinyl
- Basement: None
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,600 sqft
Property
Parking
- Total spaces: 8
Features
- Exterior features: Vinyl
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 5,810 Square Feet
Details
- Parcel number: 1413026001001
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1950
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $25 monthly
Location
- Region: Dowagiac
Financial & listing details
- Price per square foot: $288/sqft
- Tax assessed value: $283,000
- Annual tax amount: $5,625
- Date on market: 2/28/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,421/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/28/2026 | Listed for sale | $749,900$288/sqft |
Source: Owner Report a problem | ||
| 9/19/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/17/2025 | Price change | $749,900-8.5%$288/sqft |
Source: Owner Report a problem | ||
| 7/3/2025 | Listed for sale | $819,900+412.4%$315/sqft |
Source: Owner Report a problem | ||
| 7/17/2007 | Sold | $160,000$62/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,625 +30.1% | $141,500 +5% |
| 2024 | $4,325 +7.4% | $134,700 +35.4% |
| 2023 | $4,029 | $99,500 +7.7% |
| 2022 | -- | $92,400 -16.4% |
| 2021 | $4,554 +19% | $110,500 +8% |
| 2020 | $3,827 | $102,300 +14% |
| 2019 | $3,827 +330.4% | $89,700 +2% |
| 2018 | $889 +2.1% | $87,900 -0.7% |
| 2017 | $871 +0.9% | $88,500 -3.7% |
| 2016 | $863 | $91,900 -0.1% |
| 2015 | -- | $92,000 +5.1% |
| 2011 | -- | $87,500 -7.4% |
| 2010 | -- | $94,500 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,143/mo
Principal & interest
$3518
Property taxes
$600
HOA Fees
$25
Climate risks
Neighborhood: 49047
Nearby schools
GreatSchools rating
- 3/10Sister Lakes Elementary SchoolGrades: K-5Distance: 2.1 mi
- 6/10Dowagiac Middle SchoolGrades: 6-8Distance: 7.6 mi
- 7/10Union High SchoolGrades: 9-12Distance: 5.8 mi








