Sold
1550 S Chippewa, Lake City, MI 49651
Sold on 06/30/2026 for$220,000
MLS # 1943582 (Northern Great Lakes REALTORS® MLS)
3 beds1 bathBuilt 19730.46 acres
1 / 38
Listing Description
This cozy 3 bedroom, 1 bath home is nestled in the woods on 4 lots. It is located right next to Sapphire Lake with beach access within 500 ft ,which makes use of the lake very convenient. The pole barn provides storage for tools, toys, boats and all you need for up north living. There's even a finished room in the back of the building. The home has radiant floor heat, providing warmth through the winter months. Lake City has so much to offer and boasts of the Greatest Fourth in the North, wonderful restaurants and many lakes and trails to enjoy. This home is also located within 10 miles of Cadillac's flourishing north end.
Source: SparkMLS
About this home
3-bedroom, 1-bath home in Lake City built in 1973.
Closed at $220,000.
Electric service is provided by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Lot Size0.46 acres
Year Built1973
Stories1
Location
CityLake City
Zip Code49651
CountyMissaukee
Construction & Systems
BasementCrawl Space
HeatingNatural Gas, Radiant, Wall Furnace
WaterPrivate Water
SewerPublic
Sale & Financing
Listed4/7/2026
Sold Date6/29/2026
Original Price$230,000
Terms AcceptedCash, Conventional, FHA
HOA
HOA Fee$125
IncludesOther
Source: SparkMLS
Property Records
USDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Linda Koetje
City2Shore Real Estate Northern Michigan
Frequently Asked Questions about 1550 S Chippewa, Lake City, MI 49651
What type of financing is accepted for this listing?
Per MLS# 1943582, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
Is 1550 S Chippewa, Lake City, MI 49651 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. Sewer: Public. Water: Private Water. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the local police department or county sheriff's office.
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Monthly payment$1,552
Principal & interest$1,427
HOA$125
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1550 S Chippewa, Lake City, MI 49651
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