MLS # 20261036449 (Realcomp)

Lakefront income opportunity? Family compound? Incredibly unique FULLY UPDATED property consisting of a main house (3600 sq ft) duplex with upper 4 bedroom/2 bath unit and lower level 3 bed/1 bath. Lake front cottage is 1 bed/1 bath and a 4-unit apartment building with a 2-bedroom unit and 3, 1-bedroom units. The upgrades, updates and renovations make this a turn-key situation that rarely comes to market. Situated on 5 breathtaking acres on Freedom Lake with the south branch of the Flint River right across a wooden bridge bordering the back of the property. Natural gas, paved road and drive, full home Generac generator and detached garage for added storage. Updates 1392 Maple Grove: new windows (2024), new bathroom (2023), flooring (2024), new electrical panel upgrade to current code (2024), new boiler (2024), hot water heater (2024). Updates 1390 Maple Grove: complete interior renovation (2024), roof (2025), new electrical (2024), new furnace and hot water heater (2024). Updates 1388 Maple Grove: new electric panel (2023), new flooring (2023), 5 new mini splits Mitsubishi (2024), 4 new water heaters (2024), roof (2025), well pump and controller (2026), updated sump pump (2026), french drain (2026). 40 x 10 Greenhouse (2025), new underground electrical (2025). A substantial amount of money has been invested into this lakeside listing; we are searching for unique buyers that recognize the investment potential or multigenerational possibility and have a vision to expand this stunning property into its next chapter. Buyer to verify all future usage and zoning requirements.
Source: SparkMLS
This 13-bedroom, 8-bath, 6,216 sq ft home built in 1966 sits in Lapeer Township in Lapeer.
Currently offered at $629,000 (about $101/sq ft).
Estimated annual property tax: $7,418, or about $618 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
SEC 14 T7N R10E PARCEL 1 BEG AT A PT ON C/L OF MAPLEGROVE RD THAT IS S 48DEG 05'14" E 664.79 FT AND S 47 DEG 07'54" E 637 FT FR W 1/4 COR TH ALG C/L OF RD S 47DEG 07'54" E 520.47 FT TH S 2DEG 27'54" E 26.62 FT TH S 87 DEG 43' 01' W 1294.37 FT TH N 2 DEG 13' 24" W 18.81 FT TH N 70DEG 28'12" E 563.71 FT TH S 73 DEG 07'54" E 170.27 FT TH N 38 DEG 22'06" E 350 FT TO POB 5.0035 A.
FEMA Flood Zone: Zone AE — 100-year floodplain
Flood insurance required for federally backed mortgages
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Traci Nelson Martin
Max Broock, REALTORS®-Bloomfield Hills
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1392 Maple Grove Road, Lapeer, MI 48446
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Municipality
Lapeer Township
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