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296 Island Lake Road

Chelsea, MI 48118

2 beds
1 bath
1,040 sqft
8,276 sqft lot
$293 per sqft
1980 build
– on site

Escape to tranquility with this delightful two-bedroom, one-bathroom ranch nestled on the shores of serene Island Lake in Chelsea. Perfectly situated on a peaceful, private, no-wake lake, this home offers a rare opportunity to enjoy waterfront living at its finest. Featuring a newer roof and furnace, as well as a brand-new driveway, this well-maintained property promises comfort and convenience. The open layout creates a warm and inviting atmosphere, with stunning lake views. You will enjoy unwinding in the tranquil surroundings, this is the ultimate retreat for outdoor enthusiasts and nature lovers alike. Conveniently located just minutes away from downtown Chelsea and downtown Ann Arbor! Don't miss out on this rare opportunity to own a piece of lakeside paradise.

Listing courtesy of MICHRIC / William Link / Key Realty One LLC

Last checked: Checking… • Last updated Apr 19, 2024 •

MLS# 24018691 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1980
New Construction:

false
Construction Materials:

Wood Siding, Brick
Architectural Style:

Ranch
Foundation Details:

None
Building Features:

None
Window Features:

Screens, Insulated Windows
Patio And Porch Features:

None
Accessibility Features:

No
Direction Faces:

None
Roof:

None
Stories:

1
Basement:

No
Basement:

Partial
Basement:

Yes
Building Area Total:

1040.0
Exterior -Brick:

true
Exterior Material -Wood Siding:

true
Roofing -Rubber:

true

Interior

Rooms Total:

6
Interior Features:

Ceiling Fans, Laminate Floor, Water Softener/Owned, Whirlpool Tub, Eat-in Kitchen
Total Fireplaces:

1.0
Fireplaces Total:

1
Fireplace:

true
Fireplace Features:

Living

Room Dimensions

Living Area:

1040.0
Main Level SqFt:

1040.0
Basement SqFt:

100.0

Location

Directions:

North Territorial, south on Island Lake Road
Cross Street:

North Territorial Road
Latitude:

42.37805
Longitude:

-84.042135

The Property

Parcel Number:

E-05-23-152-003
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

No
Lot Features:

Wooded
Lot Size SqFt:

8276.0
Lot Size Acres:

0.19
Lot Size Area:

0.19
Lot Size Units:

Acres
Topography:

None
Waterfront:

true
View:

None
View:

No
Exterior Features:

Deck(s)
Fencing:

None
Inclusions:

None
Zoning:

None
Zoning Description:

RH
Current Use:

None
Possible Use:

None
Frontage Type:

None
Water Access:

Yes
Water Body Name:

Island Lake
Waterfront:

Yes
Waterfront Features:

Dock, No Wake, Private Frontage
Other Structures:

Shed(s)

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Year:

2023.0
Tax Legal Description:

*OLD SID - E 05-140-027-00 LY 47-27 LOT 27 ISLAND LAKE PARK SUB'N. Plus two additional parcels. For Legal description see additional documents.
Tax Annual Amount:

6285.0
Tax Assessed Value:

94578
Taxable Value:

94578.0
Annual Property Taxes:

6285.0

Beds

Bedrooms Total:

2
Main Level Bedrooms:

2
Main Bedrooms:

2

Baths

Total Baths:

1
Total Baths:

1.0
Full Baths:

1
Partial Baths:

None
Three Quarter Baths:

None
Quarter Baths:

None
Full Baths:

1

The Listing

Virtual Tour URL Branded:

None
Buyer's Brokerage Compensation Type:

None
Buyer's Brokerage Compensation:

None

Heating & Cooling

Cooling:

Wall Unit(s)
Cooling:

true
Heating:

true
Heating:

Forced Air, Natural Gas
Heat Type -Forced Air:

true
Heat Source -Natural Gas:

true

Utilities

Utilities:

Cable Available, Broadband Available, Phone Connected, Natural Gas Connected
Electric:

None
Natural Gas:

true
Dishwasher:

true
Sewer:

Public Sewer
Sewer -Public

true
Water Source:

Well
Well:

true

Appliances

Appliances:

Dryer, Washer, Dishwasher, Microwave, Oven, Range, Refrigerator
Refrigerator:

true
Oven:

true
Range:

true
Microwave:

true
Washer:

true
Dryer:

true
Water Heater -Electric:

true
Laundry Features:

In Bathroom, Washer Hookup

Schools

Elementary School:

None
Elementary School District:

None
Middle Or Jr High School:

None
Middle Or Jr High School District:

None
High School:

None
High School District:

Chelsea

The Community

Community Features:

Lake
Senior Community:

No
Pool Private:

No
Spa Features:

None
Association:

No

Parking

Garage:

false
Garage:

No
Attached Garage:

false
Carport Spaces:

None
Parking Total:

None
Parking Features:

Driveway, Gravel

Monthly cost estimate

Asking price

$304,900

Expense	Monthly cost
Mortgage	$1,632
Taxes	$523
Insurance	$83
Utilities	$150 See report
Total	$2,388/mo.^*
	^*This is an estimate

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Similar sold homes

This house located in MI 48118 is currently for sale for $304,900. 296 Island Lake Road is a 1,040 square foot house with 2 beds and 1 bath that has been on Estately for 16 days. This house is in the attendance area of North Creek Elementary School, Dwight E. Beach Middle School, South Meadows Elementary School, Chelsea Early Childhood Center, and Chelsea High School.