242 E  Elder Rd, Mancelona, MI 49659
OFF MARKET

$262,900

Trulia Estimate
  • 5 Beds
  • 2 Baths
  • 2,500 sqft (on 10 acres)

242 E Elder Rd, Mancelona, MI 49659

Est. Refi. Payment $1,640/mo*
Refinance Your Home
Currently Off Market - Sold Mar 31, 2015 for $85,000

Home Value

Trulia Estimate
$263K
Since last month
Decreased$5K (-2%)
Since last year
Increased$14K (+5.5%)
Since last sale
Increased$178K (+209.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +184% in the last 10 years
MonthEstimated value
2026
August 2026$263K
August 2026$263K
July 2026$269K
June 2026$281K
May 2026$270K
April 2026$260K
March 2026$268K
February 2026$249K
January 2026$254K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.65
Single-Family Home
$161,500
08/20/26
4
2
1,632
0.41
Single-Family Home
$177,000
06/15/26
2
1
1,080
1.69
Single-Family Home
$225,000
07/16/26
4
2
2,354
1.76
Single-Family Home
$239,000
06/05/26
3
1.5
2,576
1.93
Single-Family Home
$55,000
09/17/25
3
2
2,600
1.49
Single-Family Home
$135,200
10/17/25
2
1
1,192
1.89
Single-Family Home
$280,000
06/29/26
4
3
2,412
1.90
Single-Family Home
$155,000
10/09/25
3
1.5
1,800
1.80
Single-Family Home
$231,000
10/07/25
3
1.5
1,408
2.07
Single-Family Home
$375,000
05/15/26
5
4
3,134

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.19
$20,000
-
-
-
Recently Sold
0.20
$19,000
-
-
-
Recently Sold
0.21
$19,000
-
-
-
Recently Sold
0.22
-
-
-
-
Off Market
0.25
-
-
-
-
Off Market
0.25
-
-
-
-
Off Market
0.25
-
-
-
-
Off Market
0.25
-
-
-
-
Off Market
0.26
-
-
-
-
Off Market
0.27
$309,900
5
2
2,300
Off Market
0.39
$113,900
1
1
400
Off Market
0.41
$177,000
2
1
1,080
Recently Sold

Local Information

  • Map ViewExplore the area around 242 E Elder Rd.
  • Schools2 Preschool Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1988
10 acre lot
2,500 sqft
$105/sqft

About this House

This single-family home is located at 242 E Elder Rd, Mancelona, MI. 242 E Elder Rd is in Mancelona, MI and in ZIP code 49659. This property has 5 bedrooms, 2 bathrooms and approximately 2,500 sqft of floor space. This property has a lot size of 10.00 acres and was built in 1988.
242 E Elder Rd, Mancelona, MI 49659 is a 5 bedroom, 2 bathroom, 2,500 sqft single-family home built in 1988. It last sold for $85,000 on Mar 31, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $262,900, with a rent estimate of $2,596/month.

Home Details for 242 E Elder Rd

Property Information

Year Built
Year Built: 1988
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 10.00 acres

Price and Tax history

DateEventPrice
Mar 31, 2015
Source: N/A
Sold
$85,000
Jul 7, 2008
Source: N/A
Sold
$50,000

Market trends in Mancelona

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
53
3
MoM

What Locals Say about Mancelona

At least 12 Trulia users voted on each feature.
  • 100 % Say yards are well-kept

  • 84 % Say parking is easy

  • 83 % Say kids play outside

  • 76 % Say car is needed

  • 73 % Say there's holiday spirit

  • 71 % Say people would walk alone at night

  • 68 % Say neighbors are friendly

  • 65 % Say there's wildlife

  • 64 % Say it's dog friendly

  • 63 % Say streets are well-lit

  • 61 % Say it's walkable to grocery stores

  • 58 % Say they plan to stay for at least 5 years

  • 53 % Say it's walkable to restaurants

  • 50 % Say it's quiet

  • 39 % Say there are sidewalks

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Sandra C.
    "People need to clean their dog poop up as they go walking and not let some run free oh and have a dog park that would be nice and add a Aldi’s or save a lot in town"
  • Sandra C.
    "It’s pretty good nice people for the most part right now I have good neighbors to me and my sister can’t even hear them from my place and I’m upstairs my sister is downstairs and she don’t even hear them she said she was pretty cool and I think God for the place that we have"
  • Debbie S.
    "I have lived here for 5 years and I do love it. Peace and quiet! I have weekenders across the street and a really nice guy next door. No other close neighbors."

LGBTQ Local Legal Protections

Frequently asked questions about 242 E Elder Rd

  • What is 242 E Elder Rd estimated to be worth?
    Trulia's estimated value for 242 E Elder Rd in Mancelona, MI is $262,900.
  • What is the price history for 242 E Elder Rd?
    242 E Elder Rd in Mancelona, MI last sold for $85,000 in March 2015.
  • Is Mancelona a buyer's or seller's market?
    Mancelona is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Mancelona?
    Residents describe Mancelona, MI as well-kept, easy to park in, and neighborly. Most residents say you need a car. See recently sold homes in Mancelona, MI.
  • How big is the lot at 242 E Elder Rd?
    The lot at 242 E Elder Rd in Mancelona, MI is about 10 acres.

Apartments for Rent

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Off Market Homes Near 242 E Elder Rd

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Homes for sale near 242 E Elder Rd

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