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Off market
  • $958,300

    7437 Terrace Ave, Elk Rapids, MI 49629

    5beds
    2baths
    2,673sqft
    SingleFamily
    Built in 1950
    6,534 Square Feet Lot
    $958,300 Zestimate®
    $359/sqft
    $2,185 Estimated rent

    Home value

    $958,300

    $862,000 - $1.07M

    $2,185/mo

    Zestimate® history
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    $2,185/mo

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    Rent Zestimate®

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    $5,654/mo

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    $5,654/mo

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    What's special

    JUST LISTED ON ELK LAKE! Get ready to enjoy all the best of waterfront living on the highly sought-after Chain-of-Lakes. Sit on the deck to enjoy the spectacular views of the lake and your private frontage. With over 2,673 square feet of living space this home has plenty of room for you to invite your family and friends for a visit. As you tour this home you will discover 5 bedrooms, 2 baths, hickory flooring, walkout lower level, main floor owner's suite, central air, large deck, covered porch and more. This home has been well maintained and is great for seasonal use or year around living. Get ready to start exploring the miles of shoreline of Elk Lake, Torch Lake and Lake Skegemog. Watch the sunrise while enjoying your morning coffee on the beach in this peaceful and serene setting. Spend your days swimming and boating in the crystal-clear waters. Take the boat into Elk Rapids for dinner and ice cream. Gather around the firepit in the evenings to share stores and s'mores. Great location and convenient to all the nearby quaint villages and towns, so many places to explore. This is the 'up north retreat' you have been looking for.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Interior area
    • Total interior livable area: 2,673 sqft

    Property

    Features
    • Exterior features: Vinyl
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 6,534 sqft
    Details
    • Parcel number: 050647500800

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1950

    Community & neighborhood

    Location
    • Region: Elk Rapids

    Price history

    DateEventPrice
    6/3/2021Sold$750,000-3.2%$281/sqft
    Source: NGLRMLS #1886391
    5/17/2021Pending sale$775,000$290/sqft
    Source: RE/MAX of Michigan #1886391
    5/17/2021Contingent$775,000$290/sqft
    Source: NGLRMLS #1886391
    4/22/2021Listed for sale$775,000+56.6%$290/sqft
    Source: NGLRMLS #1886391
    7/9/2016Listing removed$495,000$185/sqft
    Source: Real Estate One - Front #1806846

    Public tax history

    YearProperty taxesTax assessment
    2025$7,664 +5.2%$297,200 +7.9%
    2024$7,285 +6%$275,500 +20.2%
    2023$6,874 $229,200 +31.7%

    Find assessor info on the county website

    Neighborhood: 49629

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Elk Rapids Schools

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.