For Sale
7517 Lake Drive, Reading, MI 49274
$215,000
MLS # 26025722 (Michigan Regional Information Center (MichRIC))
3 beds1 bath732 sqftBuilt 19550.46 acres
1 / 49
Listing Description
Charming Lakefront Cottage on Chain of Lakes. Enjoy this fantastic setting with 60 ft of lakefront and over 300 feet of channel frontage on peaceful Lake Mead, which connects to Turner and Reibeck lakes, offering 120 acres. Relax in this three-bedroom, one-bath cottage, which blends rustic charm with modern updates. Featuring cathedral ceilings, an open floor plan, and a cozy loft. Inside, you will find custom woodwork and plenty of room to entertain. Seller has recently upgraded the electrical box/electric and added a generator hook. Outside, enjoy a quiet setting with a spacious yard, a new shed with electricity, and a quality dock for easy water access. This cottage comes with all furnishings. Come out and enjoy the summer at the lake.
Source: SparkMLS
About this home
This 3-bedroom, 1-bath, 732 sq ft home built in 1955 sits in Reading.
Asking $215,000 (about $294/sq ft).
Annual property taxes run approximately $2,177 ($181/month). 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 Michigan Gas Utilities Corporation.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area732 sqft
Lot Size0.46 acres
Year Built1955
Stories1
Location
CityReading
MunicipalityReading Twp
Zip Code49274
CountyHillsdale
School DistrictReading
Construction & Systems
StyleRanch
ConstructionVinyl Siding
BasementCrawl Space
HeatingSpace Heater
WaterWell
SewerSeptic Tank
Sale & Financing
Listed5/28/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$2,177
Tax Year2025
Assessed Value$48,406
Parcel #10-095-001-022
Source: SparkMLS
Legal Description
S1/2 LOT 15 SUPERS PLAT OF DAILEY SUB
Property Records
FEMA Flood Zone: Zone A — 100-year floodplain (no base flood elevation)
Flood insurance required for federally backed mortgages
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by PENNY NOREIKA
RE/MAX Irish Hills Realty
Frequently Asked Questions about 7517 Lake Drive, Reading, MI 49274
Which school district serves 7517 Lake Drive, Reading, MI 49274?
Per MLS# 26025722, 7517 Lake Drive, Reading, MI 49274 is in the Reading boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Reading directly to confirm enrollment eligibility.
What financing options are available for 7517 Lake Drive, Reading, MI 49274?
Per MLS# 26025722, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 7517 Lake Drive, Reading, MI 49274?
Per public tax records, annual property taxes for this property are $2,177 (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, 7517 Lake Drive, Reading, MI 49274 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 7517 Lake Drive, Reading, MI 49274 in a flood zone?
Per FEMA flood maps, this property is designated as Zone A, a high-risk flood area. Flood insurance is required for federally-backed mortgages in this zone. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 7517 Lake Drive, Reading, MI 49274?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Michigan Gas Utilities Corporation. Sewer: Septic Tank. 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 Reading Twp police department or the Hillsdale County sheriff's office.
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Monthly payment$1,394
Principal & interest$1,394
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
7517 Lake Drive, Reading, MI 49274
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