For Sale
11482 Lakeshore Drive, Lakeview, MI 48850
$650,000
MLS # 26029347 (Michigan Regional Information Center (MichRIC))
4 beds2 baths1,962 sqftBuilt 19620.34 acres
1 / 40
Listing Description
Rare opportunity on all-sports Townline Lake! This beautifully maintained 4 BR waterfront property offers 2,056 sqft of home living space, as well as a separate cottage, currently a successful 4-person AirBNB rental with established income potential. Situated on two spacious lots, the properties feature lush landscaping, vibrant flower gardens, expansive outdoor living areas, two docks. The Home's first floor was recently extensively renovated in a modern, updated design. Features include a main-floor bedroom and bath, beautiful open living spaces, a 2nd large flexible recreation space ideal for entertaining, creative pursuits, or additional gathering space. If you seek a year-round residence, vacation getaway, income-producing property, or unique opportunity for extended living arrangements, this property offers exceptional versatility. With limited availability on Townline Lake this is a rare opportunity of waterfront living on one property with endless possibilities.
Source: SparkMLS
About this home
Located in Lakeview, this property offers 4-bedroom, 2-bath, 1,962 sq ft, with original construction dating to 1962.
Asking $650,000 (about $331/sq ft).
Estimated annual property tax: $2,214, or about $185 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 DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms2
Living Area1,962 sqft
Lot Size0.34 acres
Year Built1962
Stories2
Location
CityLakeview
MunicipalityCato Twp
Zip Code48850
CountyMontcalm
School DistrictLakeview
Construction & Systems
StyleRanch, Traditional
ConstructionAluminum Siding, Vinyl Siding
BasementCrawl Space
Garage2 spaces
HeatingBaseboard, Hot Water
WaterWell
SewerSeptic Tank
UtilitiesNatural Gas Connected
InteriorGarage Door Opener, Center Island
Sale & Financing
Listed6/14/2026
Terms AcceptedCash, VA Loan, Conventional
HOA
HOA Fee$50 / Annually
IncludesOther
Source: SparkMLS
Tax Information
Annual Tax$2,214
Tax Year2026
Assessed Value$76,168
Parcel #004-230-310-00 & 004-230-309-00
Source: SparkMLS
Legal Description
LOT 310 HONEYMOON HEIGHTS NO. 3
Property Records
USDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Karla A Humm
Key Realty
Frequently Asked Questions about 11482 Lakeshore Drive, Lakeview, MI 48850
Which school district serves 11482 Lakeshore Drive, Lakeview, MI 48850?
Per MLS# 26029347, 11482 Lakeshore Drive, Lakeview, MI 48850 is in the Lakeview boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Lakeview directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 26029347, this listing accepts Cash, VA Loan, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 11482 Lakeshore Drive, Lakeview, MI 48850?
Per public tax records, annual property taxes for this property are $2,214 (2026). 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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 11482 Lakeshore Drive, Lakeview, MI 48850 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
What utilities serve 11482 Lakeshore Drive, Lakeview, MI 48850?
Per Michigan Public Service Commission service territory data: Electric: Homeworks Tri-County Electric Cooperative. Gas: DTE Gas Company. Sewer: Septic Tank. Water: Well. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Cato Twp police department or the Montcalm County sheriff's office.
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Mortgage Calculator
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Monthly payment$4,220
Principal & interest$4,216
HOA$4
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Homeworks Tri-County Electric Cooperative
Co-op
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
11482 Lakeshore Drive, Lakeview, MI 48850
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