HUGE PRICE REDUCTION - NOW ONLY $180,000.00 Great opportunity to live year round on spring fed Powell Lake. This property has great potential with updated well and septic (new 2003), a 28 x 32 detached garage, and cottage with 5 bedrooms (with 2 additional sleeping areas in the loft not included in sq. ft) two bath, basement under a portion of the building and crawl space under the rest. Property has been vacant for a few years and is being sold "AS IS". Flat roof portion of the building has had some water damage in some of the rooms.
Closed
$160,100
N4178 Powell Lake Rd, Wetmore, MI 49895
5beds
1,944sqft
Single Family Residence
Built in 1979
0.41 Acres Lot
$162,300 Zestimate®
$82/sqft
$1,916 Estimated rent
Home value
$162,300
Estimated sales range
Not available
$1,916/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 15, 2025 at 10:34am
Listed by:
JOANN CARLSON 906-202-0465,
BIG C REALTY-M 906-387-3074
Bought with:
MARY WALTHER JOHNSON, 6501212235
3% REALTY
Source: Upper Peninsula AOR,MLS#: 50173756
Originating MLS: Upper Peninsula Assoc of Realtors
Originating MLS: Upper Peninsula Assoc of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Bedroom 1
- Level: First
- Area: 63
- Dimensions: 7 x 9
Bedroom 2
- Level: First
- Area: 108
- Dimensions: 9 x 12
Bedroom 3
- Level: First
- Area: 88
- Dimensions: 8 x 11
Bedroom 4
- Level: First
- Area: 117
- Dimensions: 9 x 13
Bedroom 5
- Level: First
- Area: 130
- Dimensions: 10 x 13
Bathroom 1
- Level: First
- Area: 40
- Dimensions: 8 x 5
Bathroom 2
- Level: First
- Area: 50
- Dimensions: 10 x 5
Dining room
- Level: First
- Area: 180
- Dimensions: 12 x 15
Family room
- Level: First
- Area: 255
- Dimensions: 15 x 17
Kitchen
- Level: First
- Area: 72
- Dimensions: 9 x 8
Living room
- Level: First
- Area: 364
- Dimensions: 26 x 14
Heating
- Other, Electric, Wood
Cooling
- None
Appliances
- Included: None, Electric Water Heater
Features
- Eat-in Kitchen
- Flooring: Hardwood, Carpet, Wood, Linoleum
- Basement: Block,Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 2,880
- Total interior livable area: 1,944 sqft
- Finished area above ground: 1,944
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: 3 or More Spaces, Garage, Detached
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: All Sports Lake, Lake Front, Waterfront, Interior Lake, Sandy Bottom
- Body of water: Powell Lake
- Frontage type: Waterfront
- Frontage length: 100
Lot
- Size: 0.41 Acres
- Dimensions: 100 x 147 x 123 x 171
- Features: Subdivision, Platted
Details
- Additional structures: Garage(s)
- Parcel number: 00654000600
- Zoning: LS/R1 Lakeshore & River One
- Zoning description: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Basement
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Septic Tank
- Water: Drilled Well
- Utilities for property: DSL Available, Electricity Available, Phone Available, Internet Fiber Available
Community & neighborhood
Location
- Region: Wetmore
- Subdivision: Plat 1 Of Powell Lake
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Private
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2025 | Pending sale | $180,000+12.4%$93/sqft |
Source:  Upper Peninsula AOR #50173756 Report a problem | ||
| 9/11/2025 | Sold | $160,100-11.1%$82/sqft |
Source: Upper Peninsula AOR #50173756 Report a problem | ||
| 7/10/2025 | Price change | $180,000-9.5%$93/sqft |
Source: Upper Peninsula AOR #50173756 Report a problem | ||
| 5/6/2025 | Price change | $199,000-11.6%$102/sqft |
Source: Upper Peninsula AOR #50173756 Report a problem | ||
| 10/28/2024 | Listed for sale | $225,000$116/sqft |
Source:  RE/MAX of Michigan #50131679 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,136 +45.8% | $53,100 +9.5% |
| 2024 | $1,465 +11.1% | $48,500 -41.3% |
| 2023 | $1,319 +2.2% | $82,600 +7.7% |
Find assessor info on the county website
Neighborhood: 49895
Nearby schools
GreatSchools rating
- 7/10William G. Mather Elementary SchoolGrades: PK-6Distance: 6.9 mi
- 6/10Munising High And Middle SchoolGrades: 6-12Distance: 7.5 mi
Schools provided by the listing agent
- District: Munising Public Schools
Source: Upper Peninsula AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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