Sold
51005 Lake Park Drive, New Buffalo, MI 49117
Sold on 03/08/2024 for$3,600,000
MLS # 23019795 (Michigan Regional Information Center (MichRIC))
8 beds12 baths12,138 sqftBuilt 20020.7 acres
1 / 55
Listing Description
Experience lakefront luxury in Grand Beach, MI! Meticulously crafted in 2002, no detail is overlooked in this stunning lakefront estate, featuring upgrades & amenities galore. Marvel at handcrafted wood cabinets, exquisite finishes, & breathtaking sunsets from most rooms. The chef's kitchen features high-end appliances, large island & pantry. The main suite is an oasis with a luxurious en-suite bathroom. With 6 bedrms, 9 1/2 baths in the main house, then 2 bedrms, 2 baths in guest suite there's space for all! Enjoy the home theater, relax in the fitness rm, or host the fun in the bar/lounge. ADA-compliant elevator to 3 flrs. Outside, find a pool w/new liner, expansive lawn, stone patios, 100 ft of lakefront, a newer seawall. Enjoy Grand Beach's waterfront, golf course, & tennis courts.
Source: SparkMLS
About this home
This 8-bedroom, 12-bath, 12,138 sq ft home built in 2002 sits in Grand Beach Village in New Buffalo.
This home sold for $3,600,000 (about $297/sq ft).
Property tax estimate: $60,592 per year ($5,049/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Broadband is available with download speeds up to 2,000 Mbps from 6 providers. 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
Bedrooms8
Bathrooms12
Living Area12,138 sqft
Lot Size0.7 acres
Year Built2002
Stories3
Location
CityNew Buffalo
MunicipalityGrand Beach Vllg
Zip Code49117
CountyBerrien
School DistrictNew Buffalo Area Schools
Construction & Systems
StyleTraditional
ConstructionShingle Siding, Stone
BasementDaylight, Full
Garage3 spaces
HeatingForced Air
WaterPublic
SewerSeptic Tank
UtilitiesNatural Gas Available, Electricity Available, Natural Gas Connected, Cable Connected, High-Speed Internet
InteriorCeiling Fan(s), Central Vacuum, Elevator, Garage Door Opener, Guest Quarters, Wet Bar, Center Island, Eat-in Kitchen, Pantry
Sale & Financing
Listed8/31/2023
Sold Date3/7/2024
Original Price$4,250,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$60,592
Tax Year2022
Assessed Value$1,430,436
Parcel #11-39-2000-0002-00-1
Source: SparkMLS
Legal Description
LOT 2 EIFFEL TOWER BLUFFS
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 Peggy Sayre
Coldwell Banker Realty
Frequently Asked Questions about 51005 Lake Park Drive, New Buffalo, MI 49117
What school district is 51005 Lake Park Drive, New Buffalo, MI 49117 in?
Per MLS# 23019795, this property is served by New Buffalo Area Schools. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 23019795, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 23019795, the most recent reported annual property tax for 51005 Lake Park Drive, New Buffalo, MI 49117 is $60,592 (2022). 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.
Is 51005 Lake Park Drive, New Buffalo, MI 49117 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, 51005 Lake Park Drive, New Buffalo, MI 49117 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.
Is fiber internet available at 51005 Lake Park Drive, New Buffalo, MI 49117?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 51005 Lake Park Drive, New Buffalo, MI 49117. The maximum advertised download speed is 2.0 Gbps. 6 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Indiana Michigan Power Company. Gas: SEMCO Energy Gas Company. Sewer: Septic Tank. Water: Public. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Grand Beach Vllg police department or the Berrien County sheriff's office.
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Monthly payment$25,620
Principal & interest$25,620
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
2 Gbps
Upload
250 Mbps
CableGSO SatelliteSatelliteDSLLicensed Fixed Wireless
6 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
Indiana Michigan Power Company
Investor-Owned
SEMCO Energy Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
51005 Lake Park Drive, New Buffalo, MI 49117
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Municipality
Grand Beach Village
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