Sold
2740 Lake Drive SE, Grand Rapids, MI 49506
Sold on 06/01/2026 for$2,010,000
MLS # 26021513 (Michigan Regional Information Center (MichRIC))
6 beds6 baths3,746 sqftBuilt 19391.49 acres
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Listing Description
Set gracefully on a private 1.5-acre parcel in the heart of East Grand Rapids, this exceptional, fully reimagined estate masterfully blends timeless 1930s architecture with refined modern living. Originally custom built by Jordan Sheperd, the residence offers 6 bedrooms, 5.5 baths, and rare 5-stall garage an extraordinary combination of character, scale, and functionality. The main level is anchored by a stunning open-concept kitchen, thoughtfully appointed with premium appliances, custom cabinetry, elegant finishes, and a spacious walk-in pantry. Designed for both everyday living and elevated entertaining, the kitchen flows seamlessly into expansive, light-filled living areas and a beautiful year-round sunroom. The main floor features the primary suite and bonus junior suite or executive office, dedicated laundry, and multiple mudrooms with custom drop zones. 4 beds up with 2 full baths. Lower finished rec. space with 1/2 bath. Outdoor kitchen with vast entertaining areas. Hot tub.
Source: SparkMLS
About this home
Located in East Grand Rapids in Grand Rapids, this property offers 6-bedroom, 6-bath, 3,746 sq ft, with original construction dating to 1939.
Closed at $2,010,000 (about $537/sq ft).
Estimated annual property tax: $25,988, or about $2,166 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms6
Bathrooms6
Living Area3,746 sqft
Lot Size1.49 acres
Year Built1939
Stories2
Location
CityGrand Rapids
MunicipalityEast Grand Rapids
Zip Code49506
CountyKent
School DistrictEast Grand Rapids
Construction & Systems
StyleTraditional
ConstructionBrick, Wood Siding
BasementCrawl Space, Full
Garage5 spaces
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesNatural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected, Storm Sewer, High-Speed Internet
InteriorCeiling Fan(s), Broadband, Garage Door Opener, Wet Bar, Center Island, Eat-in Kitchen, Pantry
Sale & Financing
Listed5/11/2026
Sold Date5/31/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$25,988
Tax Year2025
State Equalized Value$595,700
Taxable Value$561,892
Assessed Value$547,120
Parcel #411434378034
Source: Public Records
Legal Description
E 15.25 FT OF LOT 2 ALSO LOTS 3 & 4 ALSO W 1/2 OF LOT 5 ALSO N 25 FT OF E 15.25 FT OF LOT 8 ALSO N 25 FT OF LOTS 9 & 10 * EASTWOOD ESTATES
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 Brenda H Pratt
Crown Real Estate Partners Inc
Frequently Asked Questions about 2740 Lake Drive SE, Grand Rapids, MI 49506
Which school district serves 2740 Lake Drive SE, Grand Rapids, MI 49506?
Per MLS# 26021513, 2740 Lake Drive SE, Grand Rapids, MI 49506 is in the East Grand Rapids boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact East Grand Rapids directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 26021513, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 2740 Lake Drive SE, Grand Rapids, MI 49506?
Per public tax records, annual property taxes for this property are $25,988 (2025). 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, 2740 Lake Drive SE, Grand Rapids, MI 49506 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.
Is 2740 Lake Drive SE, Grand Rapids, MI 49506 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What utilities serve 2740 Lake Drive SE, Grand Rapids, MI 49506?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. 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 East Grand Rapids police department or the Kent County sheriff's office.
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Monthly payment$12,959
Principal & interest$12,959
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
2740 Lake Drive SE, Grand Rapids, MI 49506
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Municipality
East Grand Rapids
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