Sold
4940 Bayou Drive, Lake, MI 48632
Sold on 06/30/2026 for$361,000
MLS # 1946305 (Northern Great Lakes REALTORS® MLS)
3 beds2 bathsBuilt 19750.3 acres
1 / 97
Listing Description
Experience the best of lake living on highly desirable Littlefield Lake! This turn-key home offers 90 feet of frontage on the peaceful Littlefield Lake channel, providing easy access to one of Central Michigan's most sought-after spring-fed, all-sports lakes known for its clean, pristine waters. The home features 3 bedrooms, 2 full bathrooms, plus a non-conforming 4th bedroom/flex room in the lower level, offering additional space for guests, a home office, or hobby room. Inside, you'll find a spacious kitchen, two comfortable living areas, and a walkout lower level that opens to a covered patio overlooking the channel. The tranquil setting is perfect for enjoying your morning coffee, entertaining friends, or simply taking in the beauty of waterfront living. Most furnishings will remain, making this a true move-in-ready opportunity. Outside, enjoy multiple outdoor living spaces including two patios, a deck, and a large 2-car garage with ample room for vehicles, lake toys, and storage. Whether you're looking for a year-round residence, weekend retreat, or summer getaway, this well-maintained home is ready for you to start making memories on Littlefield Lake. Just pack your bags and enjoy everything lake life has to offer!
Source: SparkMLS
About this home
Located in Lake, this property offers 3-bedroom, 2-bath, with original construction dating to 1975.
Closed at $361,000.
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
Bedrooms3
Bathrooms2
Lot Size0.3 acres
Year Built1975
Location
CityLake
MunicipalityGilmore
Zip Code48632
CountyIsabella
Construction & Systems
BasementOther
HeatingBaseboard
WaterPrivate Water
Sale & Financing
Listed6/7/2026
Sold Date6/29/2026
Terms AcceptedCash, Conventional
HOA
HOA Fee$225
IncludesOther
Source: SparkMLS
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 Julie E Rush
Unknown Office
Frequently Asked Questions about 4940 Bayou Drive, Lake, MI 48632
What type of financing is accepted for this listing?
Per MLS# 1946305, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
Is 4940 Bayou Drive, Lake, MI 48632 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 4940 Bayou Drive, Lake, MI 48632 is in flood zone X (minimal risk). 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Homeworks Tri-County Electric Cooperative. Gas: DTE Gas Company. 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 Gilmore police department or the Isabella County sheriff's office.
Map
Mortgage Calculator
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Monthly payment$2,424
Principal & interest$2,199
HOA$225
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
4940 Bayou Drive, Lake, MI 48632
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