Own a piece of Bellaire history with this lovely 8.73 acre parcel, known for over a century as Terrace Villa. With 690’ of frontage on Shanty Creek, the 2 BR 1BA home is less than .4 mile from Grass River, 1.5 miles from the Lake Bellaire public access, & under 10 minutes to Shanty Creek Resort. Once popular as a trout pond, the water flows freely now & you might still catch a brook trout. Originally built in 1888, and updated over the years, it retains its historic charm with a wraparound porch, detailed woodwork, and multiple parlors, while being equipped with modern comforts. The property once hosted several log cabins along the shore; today, cabin # 1 remains as a nod to the past resort style. With more than 8 acres, there is ample room to recreate a cozy resort or simply enjoy the privacy & natural beauty. Inside, a spacious foyer with wood floors leads to welcoming living spaces featuring custom trim, wood floors, and a wood-burning soapstone stove. Large windows provide serene views of the creek and grounds and multiple doors lead to the porch. The main floor includes one of two bedrooms & an updated bath with custom tile, heated floors, tile shower, and a vanity made from an antique dresser. The kitchen offers generous storage, a built-in banquette, and stone chimney accents. There is plenty of space if you wish to make updates. A full-length enclosed back porch overlooks the creek & a deck outside also overlooks the creek. The Michigan basement, with original stone foundation & abundant storage, includes the washer/dryer connections. Outside, you’ll find a storage shed & one of the original guest cabins. Select furnishings and antiques may be available. The property is just minutes from town and within an hour of Traverse City, Petoskey, & Gaylord. This is a rare opportunity to steward a beloved landmark into its next chapter—bring your ideas and rediscover the spirit of Northern Michigan.
For sale
$335,000
5349 Grass River Rd, Bellaire, MI 49615
2beds
1,582sqft
Est.:
Single Family Residence
Built in 1888
8.73 Acres Lot
$209,000 Zestimate®
$212/sqft
$-- HOA
What's special
Stone chimney accentsModern comfortsHistoric charmWraparound porchCustom trimMultiple parlorsBuilt-in banquette
- 4 hours |
- 435 |
- 25 |
Zillow last checked: 8 hours ago
Listing updated: 10 hours ago
Listed by:
Julia Pietrowicz Home:231-360-0739,
Keller Williams Northern Michigan 231-947-8200
Source: NGLRMLS,MLS#: 1941087
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Great Room
Primary bedroom
- Level: Upper
- Dimensions: 17.42 x 11.5
Bedroom 2
- Level: Main
- Dimensions: 9.42 x 10
Primary bathroom
- Features: Shared
Dining room
- Level: Main
Family room
- Level: Main
- Dimensions: 14 x 15.08
Kitchen
- Level: Main
- Dimensions: 18.58 x 9.5
Living room
- Level: Main
- Dimensions: 17 x 13.58
Heating
- Forced Air, Radiant Floor, Propane, In-floor Radiant Heating
Cooling
- Central Air, Window Unit(s)
Appliances
- Included: Refrigerator, Oven/Range, Dishwasher, Microwave, Exhaust Fan, Electric Water Heater
- Laundry: Lower Level
Features
- Entrance Foyer, Solarium/Sun Room, Drywall, Ceiling Fan(s), High Speed Internet, Cable TV, WiFi
- Flooring: Wood, Vinyl, Carpet, Concrete
- Windows: Blinds, Drapes, Curtain Rods
- Basement: Partial,Michigan Basement,Unfinished,Interior Entry
- Has fireplace: Yes
- Fireplace features: Wood Burning, Stove
Interior area
- Total structure area: 1,582
- Total interior livable area: 1,582 sqft
- Finished area above ground: 1,582
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: None, Dirt, Private
Accessibility
- Accessibility features: Covered Entrance
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Deck, Covered, Porch
- Has view: Yes
- View description: Countryside View
- Waterfront features: Creek, Sandy Bottom, Vegetation to Water Edge
- Body of water: Shanty Creek
- Frontage type: Waterfront
- Frontage length: 690
Lot
- Size: 8.73 Acres
- Dimensions: 731 x 364 x 129 x 195 x 436 x 610
- Features: Wooded-Hardwoods, Wooded, Evergreens, Level, Metes and Bounds
Details
- Additional structures: Shed(s), Other
- Parcel number: 050400700320
- Zoning description: Outbuildings Allowed
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Farm House
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
- Foundation: Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1888
- Major remodel year: 1988
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Green energy
- Energy efficient items: Not Applicable, Thermostat
- Water conservation: Not Applicable
Community & HOA
Community
- Features: None
- Security: Security System
- Subdivision: Metes and Bounds
HOA
- Services included: None
Location
- Region: Bellaire
Financial & listing details
- Price per square foot: $212/sqft
- Tax assessed value: $48,298
- Annual tax amount: $2,089
- Price range: $335K - $335K
- Date on market: 12/10/2025
- Cumulative days on market: 2 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Road surface type: Asphalt
Estimated market value
$209,000
$159,000 - $259,000
$1,878/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/10/2025 | Listed for sale | $335,000+109.4%$212/sqft |
Source:  NGLRMLS #1941087 Report a problem | ||
| 6/24/1997 | Sold | $160,000$101/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,089 +6.2% | $93,500 +7.5% |
| 2024 | $1,967 +3.5% | $87,000 +19.5% |
| 2023 | $1,900 | $72,800 +28.2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,013/mo
Principal & interest
$1642
Property taxes
$254
Home insurance
$117
Climate risks
Neighborhood: 49615
Nearby schools
GreatSchools rating
- 4/10John R Rodger Elementary SchoolGrades: K-5Distance: 3.6 mi
- 6/10Bellaire Middle/High SchoolGrades: 6-12Distance: 3.6 mi
Schools provided by the listing agent
- District: Bellaire Public Schools
Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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