For Sale
402 Northway Drive, Houghton Lake, MI 48629
$83,000
MLS # 26032306 (Michigan Regional Information Center (MichRIC))
2 beds2 baths940 sqftBuilt 19880.32 acres
1 / 11
Listing Description
Investors and savvy buyers, take note! Located in the 48629 area, this 2-bedroom, 2-bathroom single-family home on corner lot represents an incredible opportunity to build equity. With 960 sq. ft. of living space on a substantial 0.34-acre parcel, the foundation for a great property is already here.
Source: SparkMLS
About this home
This 2-bedroom, 2-bath, 940 sq ft home built in 1988 sits in Houghton Lake.
Currently offered at $83,000 (about $88/sq ft).
Estimated annual property tax: $749, or about $62 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
Bedrooms2
Bathrooms2
Living Area940 sqft
Lot Size0.32 acres
Year Built1988
Stories1
Location
CityHoughton Lake
MunicipalityLake Twp
Zip Code48629
CountyRoscommon
School DistrictHoughton Lake
Construction & Systems
StyleRanch
ConstructionVinyl Siding
BasementCrawl Space
HeatingForced Air
WaterWell
SewerPublic
UtilitiesNatural Gas Connected
Sale & Financing
Listed6/25/2026
Original Price$90,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$749
Tax Year2025
State Equalized Value$35,200
Assessed Value$25,844
Parcel #006-450-076-0000
Source: Public Records
Legal Description
L-1048 P-2410 (L-456P-386) 234 LOTS 76 & 77 NORTHWAY. 402 NORTHWAY
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 Adilene Alvarez
Coldwell Banker Woodland Schmidt Whitehall
Frequently Asked Questions about 402 Northway Drive, Houghton Lake, MI 48629
Which school district serves 402 Northway Drive, Houghton Lake, MI 48629?
Per MLS# 26032306, 402 Northway Drive, Houghton Lake, MI 48629 is in the Houghton Lake boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Houghton Lake directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 26032306, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 402 Northway Drive, Houghton Lake, MI 48629?
Per public tax records, annual property taxes for this property are $749 (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, 402 Northway Drive, Houghton Lake, MI 48629 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 402 Northway Drive, Houghton Lake, MI 48629 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 402 Northway Drive, Houghton Lake, MI 48629?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Sewer: Public. 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 Lake Twp police department or the Roscommon County sheriff's office.
Map
Mortgage Calculator
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Monthly payment$538
Principal & interest$538
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
402 Northway Drive, Houghton Lake, MI 48629
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