8046 Wallace Dr, Lake, MI 48632
OFF MARKET

$390,000

Last sold price
  • 2 Beds
  • 3 Baths
  • 2,000 sqft (on 1.12 acres)

8046 Wallace Dr, Lake, MI 48632

Currently Off Market - Sold Aug 25, 2025 for $390,000

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
7720 Karen Dr, Lake, MI
0.22
Single-Family Home
$267,000
09/30/25
2
2
1,728
7519 Stephen Ct, Lake, MI
0.30
Single-Family Home
$185,000
07/21/26
3
2
1,664
7630 John R Ct #R, Lake, MI
0.22
Single-Family Home
$175,000
12/31/25
3
2
1,826
7631 Sherri Ln, Lake, MI
0.30
Single-Family Home
$248,000
03/10/26
4
2
2,228
7611 Stephen Ct, Lake, MI
0.25
Single-Family Home
$148,000
05/08/26
2
1
1,000
7100 Spring Ave, Lake, MI
1.01
Single-Family Home
$75,000
06/08/26
3
2
1,152
823 Valley Stream Ct, Harrison, MI
1.40
Single-Family Home
$294,000
07/20/26
3
2
1,722
7170 Oak Hollow Trl, Lake, MI
1.40
Single-Family Home
$230,000
08/06/26
3
2
1,600
7174 Oak Hollow Trl, Lake, MI
1.55
Single-Family Home
$113,500
08/19/26
2
1
768
3200 Lake Of The Pines Dr, Lake, MI
2.52
Single-Family Home
$220,000
12/12/25
3
2
1,441

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
V/l 8046 Wallace Dr, Lake, MI 48632
0.11
-
-
-
-
Off Market
651 Connie Dr, Lake, MI 48632
0.13
$257,400
2
1.5
1,344
Off Market
661 Connie Dr, Lake, MI 48632
0.14
$269,900
3
2
1,685
For Sale
7661 John R Ct #R, Lake, MI 48632
0.18
$123,600
2
1
1,150
Off Market
7720 Karen Dr, Lake, MI 48632
0.22
$235,200
2
2
1,728
Off Market
7630 John R Ct #R, Lake, MI 48632
0.22
$175,000
3
2
1,826
Recently Sold
7611 Stephen Ct, Lake, MI 48632
0.25
$148,000
2
1
1,000
Recently Sold
116-117 118 Donna Dr, Lake, MI 48632
0.24
-
-
-
-
Off Market
7548 Donna Dr, Lake, MI 48632
0.26
$77,400
2
2
980
Off Market
John R Ct #R, Lake, MI 48632
0.28
-
-
-
-
Off Market
8208 Wallace Lake, Ontario, MI 44862
0.27
-
2
1
656
Off Market

Local Information

  • Map ViewExplore the area around 8046 Wallace Dr.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2007
1.12 acre lot
2,000 sqft
Garage

About this House

LAKE HOUSE ON WALLACE!!!, WITH 229 FEET OF PRIVATE SHORELINE. Welcome to this stunning lakefront chalet, offering 229 feet of private frontage on all-sports Big Norway Lake. Tucked away on 1.12 wooded acres, this home is the perfect escape for those seeking peace, privacy, and year-round outdoor enjoyment. Inside, the main level features approximately 1,300 square feet of open-concept living, with a spacious kitchen and large island that flows seamlessly into the dining area and vaulted-ceiling great room. A beautiful split-stone wood-burning fireplace anchors the space, while floor-to-ceiling windows provide sweeping views of the lake and surrounding nature. A first-floor bedroom offers main-level living, and a flexible front room serves well as a foyer, office, or cozy sitting area. Upstairs, a large open loft provides a private suite complete with an en suite bath and a serene reading nook overlooking the water—perfect for relaxing or working from home with a view. The fully finished walk-out basement adds an additional 700 square feet of living space, ideal for a family room, game area, or guest quarters. Just outside, a spacious patio invites you to enjoy lakeside evenings, summer BBQs, and quiet mornings surrounded by nature. Comfort is ensured in every season with a ductless mini-split system for efficient heating and cooling, a wood stove, and electric baseboard heat. Andersen windows and extra insulation contribute to the home's energy efficiency, while a whole-house Generac generator and security system provide peace of mind. The property also includes a two-car garage for storing vehicles, boats, or recreational gear, and high-speed wireless internet from ISP Management keeps you connected whether you're working remotely or streaming by the fire.
8046 Wallace Dr, Lake, MI 48632 is a 2 bedroom, 3 bathroom, 2,000 sqft single-family home built in 2007. It last sold for $390,000 on Aug 25, 2025 (1% below the $395,000 asking price). This property is not currently displayed as for sale or rent on Trulia.
Last check for updates: about 7 hours ago
Listed by Andrew Granger
CUMMINGS REALTY
Bought with: Betsy Kirkby, (231) 429-5758, ERA Greater North Properties
Originating MLS: Clare Gladwin Board of REALTORS
Source: MiRealSource, MLS#50176319

Home Details for 8046 Wallace Dr

Interior Features

Interior Details
Basement: Finished,Full,Exterior Entry,Walk-Out Access,Concrete,Sump PumpNumber of Rooms: 5Types of Rooms: Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2, Bathroom 3
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 3Number of Bathrooms (full): 3Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 2000 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Washer, Water Softener Owned, Electric Water HeaterDishwasherDryerMicrowaveWasher
Heating & Cooling
Heating: Baseboard,Electric,Propane,Wood,Forced AirHas HeatingHeating Fuel: Baseboard
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Great RoomHas a Fireplace
Levels, Entrance, & Accessibility
Stories: 2Levels: Two
View
Has a ViewView: Water, Lake, Rural View

Exterior Features

Exterior Home Features
Patio / Porch: DeckOther Structures: Shed(s), Garage(s)Exterior: BalconyFoundation: Basement, Concrete PerimeterNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageNo Open ParkingParking Spaces: 3Parking: 3 or More Spaces,Detached
Frontage
WaterfrontWaterfront: All Sports Lake, WaterfrontRoad Frontage: City/County, CountryOn Waterfront
Water & Sewer
Sewer: Septic TankWater Body: Big Norway Lake
Farm & Range
Frontage Length: 210
Finished Area
Finished Area (above surface): 1300 Square FeetFinished Area (below surface): 700 Square Feet

Days on Market

Cumulative Days on Market: 86

Property Information

Year Built
Year Built: 2007
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Chalet
Building
Construction Materials: Vinyl Siding, Shingle SidingNot a New Construction
Property Information
Parcel Number: 00900230018

Price & Status

Price
List Price: $395,000
Status Change & Dates
Off Market Date: Fri Aug 22 2025Possession Timing: Negotiable

Active Status

MLS Status: Closed

Location

Direction & Address
City: LakeCommunity: Freeman Twp
School Information
Elementary School District: Farwell Area SchoolsJr High / Middle School District: Farwell Area SchoolsHigh School District: Farwell Area Schools

Building

Building Area
Building Area: 2252 Square Feet

Community

Community Features: Beach Area, Boat Dock

HOA

Association for this Listing: Clare Gladwin Board of REALTORSNo HOA

Lot Information

Lot Area: 1.12 Acres

Listing Info

Special Conditions: Private

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

BasementMls Number: 50176319Water ViewWater View: Water, LakeAbove Grade Unfinished Area: 1300Days In Mls: 86

Additional Information

HOA Amenities: Playground

Price and Tax history

DateEventPrice
Aug 25, 2025
Source: MiRealSource #50176319
Sold
$390,000
Jul 31, 2025
Source: MiRealSource #50176319
Pending
$395,000
Jun 27, 2025
Source: MiRealSource #50176319
PriceChange
$395,000
Price decreased by 4%
May 29, 2025
Source: MiRealSource #50176319
Listed For Sale
$412,000

Market trends in Lake

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
72
2MoM

Around this home

What Locals Say about Lake

At least 12 Trulia users voted on each feature.

  • 92 % Say it's quiet

  • 89 % Say yards are well-kept

  • 85 % Say parking is easy

  • 78 % Say there's wildlife

  • 75 % Say there are community events

  • 75 % Say there's holiday spirit

  • 75 % Say car is needed

  • 74 % Say people would walk alone at night

  • 71 % Say it's dog friendly

  • 69 % Say they plan to stay for at least 5 years

  • 68 % Say neighbors are friendly

  • 60 % Say kids play outside

  • 32 % Say it's walkable to restaurants

  • 28 % Say it's walkable to grocery stores

  • 15 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Emily L.
    "My community is rural and a very small town. Only 40% live here all year long. Very nice and peaceful here. "
    1
    Flag
  • RobinBall
    "Friendly neighbor's, community does many outings, picnics and celebrations. All are welcome. Water tests good for years. Good community board. I've owned my home for 20+ years and still love it here."
    3
    Flag

LGBTQ Local Legal Protections

Source MLS: MiRealSource Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Click here for more information

Frequently asked questions about 8046 Wallace Dr

  • What is the price history for 8046 Wallace Dr?
    8046 Wallace Dr in Lake, MI last sold for $390,000 in August 2025.
  • Is Lake a buyer's or seller's market?
    Lake is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Lake?
    Residents describe Lake, MI as quiet, well-kept, and easy to park in. Most residents say you need a car. See recently sold homes in Lake, MI.
  • What are the closest schools to 8046 Wallace Dr?
    The closest schools to 8046 Wallace Dr in Lake, MI are Farwell Elementary School (Pre-K, rated 4/10), Farwell High School (Middle, rated 7/10), Farwell Middle School (Elementary, rated 4/10).
  • Does 8046 Wallace Dr have laundry facilities?
    Yes, 8046 Wallace Dr in Lake, MI has in-unit laundry.
  • How big is the lot at 8046 Wallace Dr?
    The lot at 8046 Wallace Dr in Lake, MI is about 1.1 acres.

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