For Sale
50575 W Lakeshore Drive, Dowagiac, MI 49047
$1,125,000
MLS # 26028839 (Michigan Regional Information Center (MichRIC))
3 beds2 baths2,775 sqftBuilt 19600.44 acres
1 / 61
Listing Description
Premier, Mid-Century Modern Waterfront Estate 100' in Southwestern Michigan! Escape the city to the ideal, summer retreat on Magician Lake-the larest and most highly coveted all-sports destination in the Sister Lakes Area! Only 2.5 hours from Chicago & situated on a rare, double lot boasting 100 feet of natural water frontage, this iconic home is sturcturally sound and has many recent upgrades: New HVAC/Central Air Newer windows: Custom, energy-efficient Whole Home Generator. New water pump & tank. This home captures stunning water views from panoramic windows & features a vaulted, living room ceiling w balcony, & fireplace. The huge, fully-finished walkout lower level has a 2nd fireplace in the family room & showcases a huge island that seats 6! Step outside to a multi-tiered deck & spacious, playground of fun & sun! Enjoy a natural, eco-friendly rock shoreline & sandy beach, a permanent dock & dinner bell!! Motivated seller. Quick close available. MUST SEE!
Source: SparkMLS
About this home
This 3-bedroom, 2-bath, 2,775 sq ft home built in 1960 sits in Dowagiac.
Asking $1,125,000 (about $405/sq ft).
Estimated annual property tax: $8,412, or about $701 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Indiana Michigan Power Company; natural gas by SEMCO Energy Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area2,775 sqft
Lot Size0.44 acres
Year Built1960
Stories1
Location
CityDowagiac
MunicipalitySilver Creek Twp
Zip Code49047
CountyCass
School DistrictDowagiac
Construction & Systems
StyleTraditional
ConstructionBrick, Vinyl Siding
BasementWalk-Out Access
Garage1 space
HeatingForced Air
WaterPrivate Water, Well
SewerPublic
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected
InteriorCeiling Fan(s), Broadband, Garage Door Opener, Eat-in Kitchen
Sale & Financing
Listed6/10/2026
Original Price$1,199,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$8,412
Tax Year2025
Assessed Value$308,620
Parcel #14-130-190-012-01
Source: SparkMLS
Legal Description
1059-1835, 1105-795, 1198-1284, 1078, 1079, T5S-R16W, LOTS 12 & 13 ORCHARD HILLS. PROPERTY COMBINATION: 10.28.2021 PARENTS: 14-130-190-012-00 AND 14-130-190-013-00 CHILD: 14-130-190-012-01
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 Kelly L Smit
Michigan Lakes Real Estate Team Inc.
Frequently Asked Questions about 50575 W Lakeshore Drive, Dowagiac, MI 49047
Which school district serves 50575 W Lakeshore Drive, Dowagiac, MI 49047?
Per MLS# 26028839, 50575 W Lakeshore Drive, Dowagiac, MI 49047 is in the Dowagiac boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Dowagiac directly to confirm enrollment eligibility.
What financing options are available for 50575 W Lakeshore Drive, Dowagiac, MI 49047?
Per MLS# 26028839, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 50575 W Lakeshore Drive, Dowagiac, MI 49047?
Per public tax records, annual property taxes for this property are $8,412 (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, 50575 W Lakeshore Drive, Dowagiac, MI 49047 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 50575 W Lakeshore Drive, Dowagiac, MI 49047 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 50575 W Lakeshore Drive, Dowagiac, MI 49047?
Per Michigan Public Service Commission service territory data: Electric: Indiana Michigan Power Company. Gas: SEMCO Energy Gas Company. Sewer: Public. Water: Private 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 Silver Creek Twp police department or the Cass County sheriff's office.
Map
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Monthly payment$7,297
Principal & interest$7,297
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Indiana Michigan Power Company
Investor-Owned
SEMCO Energy Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
50575 W Lakeshore Drive, Dowagiac, MI 49047
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