For Sale
1015 Pequena Drive, Lake Isabella, MI 48893
$245,000
MLS # 26026898 (Michigan Regional Information Center (MichRIC))
3 beds2 baths1,744 sqftBuilt 19770.31 acres
1 / 45
Listing Description
Enjoy the charm and flexibility of this inviting 3-bedroom, 1.5-bath home overlooking beautiful all sports Lake Isabella. Whether you're searching for a seasonal cottage getaway or a comfortable year-round residence, this property offers the perfect blend of relaxation and convenience. Just 50 steps from the edge of the yard to the nearby park, you'll have easy access to the lake and a convenient spot to dock your boat. The main level features comfortable living spaces designed for gathering and entertaining and a large deck for al fresco living, while all three bedrooms are located on the second floor, providing privacy and separation from the home's common areas. A spacious full bathroom upstairs serves the bedrooms, with an additional half bath conveniently located on the main floor. Wake up to lake views, spend your days on the water, and enjoy the peaceful wooded setting from this well-positioned property. This Lake Isabella gem is ready to welcome you home or home away from home!
Source: SparkMLS
About this home
This 3-bedroom, 2-bath, 1,744 sq ft home built in 1977 sits in Lake Isabella Village in Lake Isabella.
Listed at $245,000 (about $140/sq ft).
Estimated annual property tax: $1,650, or about $138 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Homeworks Tri-County Electric Cooperative; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,744 sqft
Lot Size0.31 acres
Year Built1977
Stories2
Location
CityLake Isabella
MunicipalityLake Isabella Vlg-ShermanTwp
Zip Code48893
CountyIsabella
School DistrictChippewa Hills
Construction & Systems
StyleOther
ConstructionVinyl Siding
BasementFull, Walk-Out Access
HeatingForced Air
WaterWell
SewerSeptic Tank
Sale & Financing
Listed6/3/2026
Terms AcceptedCash, FHA, VA Loan, Rural Development, MSHDA, Conventional
HOA
HOA Fee$300 / Annually
IncludesOther
Source: SparkMLS
Tax Information
Annual Tax$1,650
Tax Year2023
Assessed Value$54,622
Parcel #22-072-00-189-00
Source: SparkMLS
Legal Description
LAKE ISABELLA PLAT # 2 LOT 189 VILLAGE OF LAKE ISABELLA T15N R6W SHERMAN TWP
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Shaila Powell
Five Star Real Estate (E. Division)
Frequently Asked Questions about 1015 Pequena Drive, Lake Isabella, MI 48893
What school district is 1015 Pequena Drive, Lake Isabella, MI 48893 in?
Per MLS# 26026898, this property is served by Chippewa Hills. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 1015 Pequena Drive, Lake Isabella, MI 48893?
Per MLS# 26026898, the seller has indicated this property accepts the following financing types: Cash, FHA, VA Loan, Rural Development, MSHDA, Conventional. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26026898, the most recent reported annual property tax for 1015 Pequena Drive, Lake Isabella, MI 48893 is $1,650 (2023). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 1015 Pequena Drive, Lake Isabella, MI 48893 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 1015 Pequena Drive, Lake Isabella, MI 48893 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Homeworks Tri-County Electric Cooperative. Gas: Consumers Energy Company. Sewer: Septic Tank. Water: Well. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Lake Isabella Vlg-ShermanTwp police department or the Isabella County sheriff's office.
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Mortgage Calculator
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Monthly payment$1,614
Principal & interest$1,589
HOA$25
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Homeworks Tri-County Electric Cooperative
Co-op
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1015 Pequena Drive, Lake Isabella, MI 48893
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Municipality
Lake Isabella Village
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