For Sale
8938 Gibson Avenue, Lake, MI 48632
$154,900
MLS # 26032246 (Michigan Regional Information Center (MichRIC))
3 beds1 bath1,192 sqftBuilt 19051 acres
1 / 19
Listing Description
Welcome to peaceful country living at 8938 Gibson Ave in Lake, Michigan. This charming 3 bedroom, 1 bathroom farmhouse offers a wonderful combination of classic character, comfortable living space, and endless potential. Surrounded by open countryside, this property is perfect for anyone looking to enjoy a quieter lifestyle while still being within easy reach of town. Step inside to discover a spacious and inviting layout filled with natural light. The oversized living room features large picture windows that create a bright, welcoming atmosphere for relaxing or entertaining. The country kitchen offers solid oak cabinetry, generous counter space, ceramic tile flooring, and an adjoining dining area that makes everyday living both comfortable and functional. The home features three spacious bedrooms, a beautifully updated full bathroom, and fresh neutral paint throughout much of the interior.
Source: SparkMLS
About this home
3-bedroom, 1-bath, 1,192 sq ft home in Lake built in 1905.
Currently offered at $154,900 (about $130/sq ft).
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area1,192 sqft
Lot Size1 acres
Year Built1905
Stories2
Location
CityLake
MunicipalityGarfield Twp
Zip Code48632
CountyClare
School DistrictFarwell
Construction & Systems
StyleTraditional
ConstructionVinyl Siding
BasementPartial
Garage2 spaces
HeatingForced Air
WaterWell
SewerSeptic Tank
Sale & Financing
Listed6/25/2026
Original Price$159,900
Terms AcceptedCash, FHA, VA Loan, Rural Development, MSHDA, Conventional
Source: SparkMLS
Tax Information
Annual Tax$0
Tax Year2025
Assessed Value$48,473
Parcel #013-014-300-11
Source: SparkMLS
Legal Description
T17N R6W SEC 14 8938 GIBSON AVE BEG N0 DEG 53'E ALG W 1/8 L 573 FT & W 33 FT FROM SE COR OF SW 1/4 OF SW 1/4 TH N89 DEG 05'W 177 FT TH S0 DEG 53'W 208 FT TH S89 DEG 05'E 177 FT TH N0 DEG 53'E ALG W R/W OF GIBSON AVE 208 FT BK TO POB
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 Brittany Felde
Felde Realty
Frequently Asked Questions about 8938 Gibson Avenue, Lake, MI 48632
What school district is 8938 Gibson Avenue, Lake, MI 48632 in?
Per MLS# 26032246, this property is served by Farwell. 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# 26032246, the seller has indicated this property accepts the following financing types: Cash, FHA, VA Loan, Rural Development, MSHDA, Conventional. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
Is 8938 Gibson Avenue, 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, 8938 Gibson Avenue, 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: Consumers Energy Company. Gas: DTE Gas Company. Sewer: Septic Tank. Water: Well. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Garfield Twp police department or the Clare County sheriff's office.
Map
Mortgage Calculator
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Monthly payment$1,005
Principal & interest$1,005
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
8938 Gibson Avenue, Lake, MI 48632
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