505 Lake St, Elk Rapids, MI 49629
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Property image
OFF MARKET

505 Lake St
Elk Rapids, MI 49629

  • 3 Beds
  • 2 Baths
  • 1,485 sqft (on 0.35 acres)

$764,100

Trulia Estimate
as of Jul 6, 2026
Est. Refi. Payment $4,474/mo*

$764,100

Trulia Estimate
as of Jul 6, 2026
Est. Refi. Payment $4,474/mo*
3 Beds
2 Baths
1,485 sqft
(on 0.35 acres)

Local Information

  • Map ViewExplore the area around 505 Lake St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

New construction. 2 by 6 construction.
All interior halls insulated as well. All stainless steel LG appliances and granite counter tops. All hardwood floors with tile in the baths and laundry room. Gas fireplace. Two car garage. Fully landscaped with easy maintenance plantings. generac generator for the whole house .
73 feet of frontage on beautiful Bass Lake. A Gem Lake with great fishing and summer and winter sports.
Walk to food shopping and 4 full service restaurants within 1/2 mile .
Planetary coffee and Ethology distilling,, and Shorts Brewery are a short walk away. 1 mile walk to downtown Elk for more restaurants and great shopping . Elk Rapids is a friendly small town that is minutes away from Elk and Torch Lake.
9 hole Elk Rapids Golf course is 2 blocks away. Surrounded by many beautiful lakes and located on East Bay.
505 Lake St, Elk Rapids, MI 49629 is a 3 bedroom, 2 bathroom, 1,485 sqft single-family home built in 2018. It last sold for $385,641 on Jan 3, 2018. It is currently off market. The Trulia Estimate is $764,100, with a rent estimate of $2,588/month.

Home Highlights

Parking
Garage
Outdoor
Porch, Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 505 Lake St

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Hardwood
Interior Details
AtticTypes of Rooms: Walk In Closet, Dining Room, Family Room, Laundry Room, Master Bath, Mud Room, PantryCeiling Fan
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace
Windows, Doors, Floors & Walls
Double Paned Windows

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: VinylLawnPatioPorch
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 2018
Property Type / Style
Property Type: Single Family HomeArchitecture: Bungalow

Lot Information

Lot Area: 0.35 acres

Price History for 505 Lake St

DatePriceEventSource
01/03/2018$385,641Sold
N/A

Market trends in Elk Rapids

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
17
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Property Tax and Assessment

Year2025
Tax$7,226
Assessment$612,400
Home facts updated by county records

Comparable Sales for 505 Lake St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.25
Single-Family Home
$327,000
01/29/26
4
1
1,193
0.27
Single-Family Home
$280,000
01/02/26
3
3
1,540
0.53
Single-Family Home
$625,000
07/11/25
3
3
1,623
0.53
Single-Family Home
$540,000
06/22/26
2
2
1,120
0.41
Single-Family Home
$459,000
10/21/25
4
2.5
2,196
0.29
Single-Family Home
$289,000
06/02/26
2
1
1,100
0.86
Single-Family Home
$565,000
10/27/25
3
1.5
1,288
0.90
Single-Family Home
$233,900
06/15/26
3
1.5
1,211
1.06
Single-Family Home
$540,000
06/24/26
3
1.5
1,644
0.97
Single-Family Home
$265,000
06/30/26
2
2
1,004

Nearby homes

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Assigned Schools

These are the assigned schools for 505 Lake St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Elk Rapids

At least 7 Trulia users voted on each feature.
  • 100 % Say parking is easy

  • 100 % Say yards are well-kept

  • 86 % Say there's holiday spirit

  • 85 % Say it's dog friendly

  • 82 % Say people would walk alone at night

  • 75 % Say it's quiet

  • 75 % Say they plan to stay for at least 5 years

  • 67 % Say car is needed

  • 64 % Say kids play outside

  • 56 % Say there are community events

  • 55 % Say it's walkable to restaurants

  • 54 % Say neighbors are friendly

  • 50 % Say it's walkable to grocery stores

  • 50 % Say there's wildlife

  • 46 % Say streets are well-lit

  • 21 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • Erin S
    "Elk Rapids is the best. Harbor Days, Art Street, Short’s Fest and more make the community really great to live in and visit. "
  • James E.
    "The best of both worlds, a quiet sub with quality homes, yet close to everything. You must see this home. "
  • James E.
    "I have lived in Elk Rapids for over 20 years, and can not think of a better place to raise a family. The 4 seasons offer so much to anyone that enjoys getting outdoors. Elk Rapids has it all. "

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Apartments for Rent

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Homes for sale near 505 Lake St

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Off Market Homes Near 505 Lake St

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