7540 Five Lakes Dr, Farwell, MI 48622
Property image
Property image
OFF MARKET

$156,700

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,372 sqft (on 0.45 acres)

7540 Five Lakes Dr, Farwell, MI 48622

Est. Refi. Payment $1,091/mo*
Refinance Your Home
Currently Off Market - Sold Aug 9, 2005 for $135,100

Home Value

Trulia Estimate
$157K
Since last month
Decreased$24K (-13.1%)
Since last year
Decreased$16K (-9.2%)
Since last sale
Increased$22K (+16%)
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 +8% in the last 10 years
MonthEstimated value
2026
September 2026$157K
August 2026$154K
July 2026$180K
June 2026$177K
May 2026$178K
April 2026$177K
March 2026$174K
February 2026$167K
January 2026$168K
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
7731 White Birch Dr, Farwell, MI
0.23
Single-Family Home
$280,000
08/17/26
2
1
1,056
2066 Deepwood Dr, Farwell, MI
0.38
Single-Family Home
$365,000
04/09/26
3
2
1,930
2958 Lone Pine Rd, Farwell, MI
0.67
Single-Family Home
$86,000
07/02/26
2
1
816
7742 Peninsular Dr, Farwell, MI
0.18
Single-Family Home
$300,000
05/15/26
3
2
1,260
7481 Five Lakes Dr, Farwell, MI
0.11
Single-Family Home
$390,000
06/05/26
6
3
3,390
7744 Peninsular Dr, Farwell, MI
0.19
Single-Family Home
$210,000
05/15/26
2
1
720
7746 Five Lakes Dr, Farwell, MI
0.29
Single-Family Home
$545,000
03/23/26
5
3
2,809
7940 Peninsular Dr, Farwell, MI
0.45
Single-Family Home
$275,011
12/03/25
3
1
1,119
215 E Surrey Rd, Farwell, MI
2.29
Single-Family Home
$189,000
12/23/25
3
1
1,844
215 E Surrey Rd, Farwell, MI
2.29
Single-Family Home
$189,000
12/23/25
3
1
1,844

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
7510 Five Lakes Dr, Farwell, MI 48622
0.03
$292,300
3
2
1,732
Off Market
7500 Five Lakes Dr, Farwell, MI 48622
0.06
-
3
1
1,440
Off Market
7481 Five Lakes Dr, Farwell, MI 48622
0.11
$390,000
6
3
3,390
Recently Sold
7670 Five Lakes Dr, Farwell, MI 48622
0.12
-
4
3.5
5,100
Off Market
7742 Peninsular Dr, Farwell, MI 48622
0.18
$300,000
3
2
1,260
Recently Sold
7744 Peninsular Dr, Farwell, MI 48622
0.19
$210,000
2
1
720
Recently Sold
7731 White Birch Dr, Farwell, MI 48622
0.23
$280,000
2
1
1,056
Recently Sold
7741 Peninsular Dr, Farwell, MI 48622
0.23
$382,800
4
2
2,160
Off Market
White Birch Dr, Farwell, MI 48622
0.26
$12,000
-
-
-
Off Market
7851 White Birch Dr, Farwell, MI 48622
0.26
$320,000
3
1
945
Off Market
7760 White Birch Dr, Farwell, MI 48622
0.28
$200,400
2
1.5
996
Off Market
7791 Peninsular Dr, Farwell, MI 48622
0.28
$247,700
1
1
1,334
Off Market

Local Information

  • Map ViewExplore the area around 7540 Five Lakes Dr.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1960
0.45 acre lot
1,372 sqft
$114/sqft
Garage

About this House

Charming lakefront chalet year round home! Located on beautiful Five Lakes, a 120 acre all sports lake for tubing, skiing, wake boarding, as well as no wake hours to enjoy fishing, kayaking, paddle boating and much more! Enjoy this 3 Bedroom, 1 bath lakefront home featuring a 2 story stone fireplace chimney and open concept living spaces great for entertaining all your guests. This lakefront home sits up on a hill for incredible breezes and views and is located at the end of the lake and road for very little traffic and a lot of serenity. You will often hear the wonderful loon calls, enjoy watching the Eagle soar and also the many turtles on the island located on the island directly across from this home. Inside there is one bedroom located on the main floor and am additional two large bedrooms located upstairs with charming built in storage. The great room has a wood burning stove so you can enjoy a crackling log fire. There is also a partially finished Garage/man cave with barn wood walls along with another wood burning log stove. There is plenty of parking for all your guests and late day full sun. Also, you will enjoy the best sunsets that 5 Lakes has to offer, viewed right on your own deck! Call today for a showing 989-737-3438.
7540 Five Lakes Dr, Farwell, MI 48622 is a 3 bedroom, 1 bathroom, 1,372 sqft single-family home built in 1960. It last sold for $135,100 on Aug 9, 2005. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $156,700, with a rent estimate of $1,463/month.

Home Details for 7540 Five Lakes Dr

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Interior Details
Number of Rooms: 5Types of Rooms: Breakfast Nook, Laundry RoomCeiling Fan
Appliances & Utilities
DishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace
Windows, Doors, Floors & Walls
Double Paned Windows
Levels, Entrance, & Accessibility
Floors: Laminate

Property Information

Year Built
Year Built: 1960Year Updated: 2017
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Exterior Features

Exterior Home Features
DeckExterior: Stone, VinylLawnPatio
Parking & Garage
GarageParking: Garage Detached

Lot Information

Lot Area: 0.45 acres

Price and Tax history

DateEventPrice
Mar 24, 2021
Source: N/A
ListingRemoved
Nov 23, 2018
Source: N/A
ListingRemoved
$169,900
Aug 25, 2018
Source: N/A
Pending
$169,900
Aug 8, 2018
Source: N/A
PriceChange
$169,900
Price decreased by 3%
Jul 12, 2018
Source: N/A
PriceChange
$174,900
Price decreased by 3%

Market trends in Farwell

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
38
8MoM

Around this home

What Locals Say about Farwell

At least 13 Trulia users voted on each feature.

  • 100 % Say yards are well-kept

  • 94 % Say parking is easy

  • 88 % Say car is needed

  • 88 % Say it's dog friendly

  • 83 % Say there's wildlife

  • 79 % Say it's quiet

  • 77 % Say they plan to stay for at least 5 years

  • 71 % Say people would walk alone at night

  • 60 % Say kids play outside

  • 58 % Say neighbors are friendly

  • 41 % Say there's holiday spirit

  • 33 % Say it's walkable to grocery stores

  • 29 % Say there are sidewalks

  • 29 % Say streets are well-lit

  • 28 % Say there are community events

  • 24 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Hunterjameslevi
    "its all dog friendly around here no pet problems that I've come across people are very accepting when it comes to animals "
    0
    Flag
  • Robin L.
    "great people.seem to b ok I guess I didn't live here long but I did long enough scools are great lot of water swimming holes"
    0
    Flag
  • tmosb2015
    "Love the neighborhood and surrounding area. Very friendly, safe and quiet. Large parcels, no over-crowding. Mixed construction type homes. Pool, fishing and swimming lakes. Good public transportation for the type of area."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 7540 Five Lakes Dr

  • What is 7540 Five Lakes Dr estimated to be worth?
    Trulia's estimated value for 7540 Five Lakes Dr in Farwell, MI is $156,700.
  • What is the price history for 7540 Five Lakes Dr?
    7540 Five Lakes Dr in Farwell, MI last sold for $135,100 in August 2005.
  • Is Farwell a buyer's or seller's market?
    Farwell is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Farwell?
    Residents describe Farwell, MI as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Farwell, MI.
  • Does 7540 Five Lakes Dr have air conditioning?
    Yes, 7540 Five Lakes Dr in Farwell, MI has air conditioning.
  • Does 7540 Five Lakes Dr have laundry facilities?
    Yes, 7540 Five Lakes Dr in Farwell, MI has in-unit laundry.

Apartments for Rent

Skip to last item
  • Results are loading
Skip to first item

Off Market Homes Near 7540 Five Lakes Dr

Skip to last item
Skip to first item

Homes for sale near 7540 Five Lakes Dr

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item