Last Sold Price
2 beds1,486 sqft$254/sqft
47001 Lower Point Mills Road, Hancock, MI 49930

Description

Lake living at its best! This beautiful custom-built home sits on 52 feet of prime Portage Lake frontage, with west-facing views to enjoy stunning sunsets year-round. A phenomenal launching point for all your boating or fishing adventures, and just 7 miles from Houghton. The very deep lot features a perfect sandy bottom swimming cove, terraced gardens, and plenty of shade trees. The home’s main level has an airy, open floor plan, with tongue and groove lofted ceiling and accent wall. Wrap around...Lake living at its best! This beautiful custom-built home sits on 52 feet of prime Portage Lake frontage, with west-facing views to enjoy stunning sunsets year-round. A phenomenal launching point for all your boating or fishing adventures, and just 7 miles from Houghton. The very deep lot features a perfect sandy bottom swimming cove, terraced gardens, and plenty of shade trees. The home’s main level has an airy, open floor plan, with tongue and groove lofted ceiling and accent wall. Wrap around decks are accessible from French double doors off the dining area. The kitchen has a smartly designed island with breakfast bar, all inlayed with a vintage map of the Keweenaw Peninsula! A wood burning fireplace makes for cozy fall and winter nights, and a very unique ‘crows nest’ office overlooks the living room. Large master bedroom with walk in closet enjoys massive picture windows overlooking the lake. Two full baths, including a large clawfoot tub just off the master. A semi-finished, walk out basement has the potential for additional bedrooms or living space. There is plenty of storage in an additional A-frame outbuilding behind the main home. Road level two car garage has a full walk out basement, perfect for a workshop. A 25-foot removable dock and shore station are included. Recent updates: New well and septic in 2020, new main floor laundry, professionally painted exterior in 2022, professionally epoxied garage floor in 2022, new high efficiency furnace. Available for immediate occupancy. Taxes may change upon sale. Sellers request that offers expire no earlier than June 28, 2023 with a minimum response time of 72 hours.
LISTING CLOSED: 08/04/2023 12:00 AM

  1. Listed by MARK COON • RE/MAX DOUGLASS R.E.-H
    P: (906) 281-4197 C: (906) 281-4197 MCoon@keweenawrealestate.com

Property Details for 47001 Lower Point Mills Road

Status
MLS #
50112856
Days on Market
8
Taxes
$2,932 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1989
Lot Size
0.33 AC / 14,374 SF
Architectural Style
Traditional
View
Canal, Lake
Has View
Yes
Waterfront Features
Lake Front, Lake, Waterfront
Has Waterfront
Yes

Recent comparable sales

Median sold price

$350,000

Avg days on market

30

Sale-to-list ratio

94.6%

[Hancock, MI]

9 comparable properties found

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Square Feet
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Acres
$300,000 | 536 Point Road, Hancock, ME 04640
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Square Feet
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Acres
$454,000 | 50174 Airport Park Road, Hancock, MI 49930
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Bedrooms
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Square Feet
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Acres
$290,000 | 840 Highway 1, Hancock, ME 04640
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Sold 08/14/25

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Bedrooms
1,440
Square Feet
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Acres

Location

Listing Courtesy of RE/MAX DOUGLASS R.E.-H

Sold By CENTURY 21 AFFILIATED

Add your commute

Building Information for 47001 Lower Point Mills Road

Stories2Year Built1989Building Size-Lot Size0.33 AC / 14,374 SF

Payment Calculator

$2,163 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,919

Property Taxes

$244

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 47001 Lower Point Mills Road

Summary
Location and General Information
  • Cross Street: Upper Pt Mills
  • Directions: M26 to Dollar Bay, Right on Main, Left on Helman, Right onto Lower Point Mills
  • Latitude: 47.094598
  • Longitude: -88.470833
  • MLS Area Major: Torch Lake Twp (31030)
  • Water Body Name: Portage Lake Canal
Taxes and HOA
  • Association: No
  • Parcel Number: 014-204-041-00
  • Tax Annual Amount: $2,932.00
Parking
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
Property
Lot Information
  • Frontage Length: 52.0
  • Frontage Type: Waterfront
  • Lot Size Acres: 0.33
  • Road Frontage Type: City Street
  • Road Responsibility: Public Maintained Road
Property and Assessments
  • Above Grade Finished Area: 1486.0
  • Building Area Total: 2234.0
  • Living Area: 1486.0
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1989
Building Features
  • Other Structures: Shed(s)
  • Construction Materials: Wood Siding
  • Total Stories: 2
Green Features
  • Green Energy Efficient: Insulation
Utilities
  • Electric: 100 Amp Service
  • Property Power Amperage: 100
  • Sewer: Mound Septic
  • Utilities: Propane, Electricity Connected, Phone Available
  • Water Source: Well, Private
Interior and Exterior Features
Exterior Features
  • Patio And Porch Features: Deck
  • Private Pool: No
Interior Features
  • Appliances: Dryer, Microwave, Refrigerator, Washer, Range, Oven, Electric Water Heater
  • Basement: Full, Block
  • Has Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Has Cooling: No
  • Fireplace Features: Wood Burning
  • Has Fireplace: No
  • Heating: Forced Air, Wood, Propane
  • Has Heating: Yes
  • Interior Features: Cathedral Ceiling(s), Sound System
  • Water Heater: Electric
  • Window Features: Bay Window(s)
Room Information
Room 1
  • Dimensions: 12x10
  • Length: 12.0
  • Level: Second
  • Type: Bedroom 2
  • Width: 10.0
Room 2
  • Dimensions: 17x13
  • Length: 17.0
  • Level: Second
  • Type: Bedroom 1
  • Width: 13.0

Property History for 47001 Lower Point Mills Road

DateEvent & SourcePriceAppreciation
Aug 4, 2023

Sold

MiRealSource #50112856

$377,500
Jun 28, 2023

Contract Signed

MiRealSource #50112856

Jun 21, 2023

Listed (Active)

MiRealSource #50112856

$359,000
DateEvent & SourcePrice
08/04/2023

Sold

MiRealSource #50112856

$377,500
06/28/2023

Contract Signed

MiRealSource #50112856

06/21/2023

Listed (Active)

MiRealSource #50112856

$359,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 47001 Lower Point Mills Road

Taxable ValueLand-Additions-Total-
Tax Record2025$5,204 ($434 / month)
Home Facts
Beds0Lot Size14,244 SqFtStyleSingle Family ResidenceCountyHOUGHTONAPN014-204-041-00

Schools near 47001 Lower Point Mills Road

This home is within Dollar Bay-Tamarack City Area Schools.
Rating
School
Type
Grades
Distance
Public - PK to 12
Public - K to 6
Rating
School
Distance
Dollar Bay-Tamarack City Area School
PublicPK to 12

T.R. Davis Elementary School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX DOUGLASS R.E.-H

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.