Home for Sale at 11774 N MAC ROAD, IRONS, MI 49644

11774 N Mac Road
Irons, MI 49644

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Property Details

List Price:	$2,850,000
Beds:	6
Baths:	5
Status:	Active
SqFt:	6813
Agency:	Coldwell Banker Schmidt Family Of Companies

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Description/Comments

Lot Size:	76 acre(s)
Property Type:	Residential
Year Built:	1990
Notes:	Welcome to your luxurious retreat in NW Michigan! This stunning property spans 76 acres with a private 7-acre Fairbanks Lake & 100' of frontage on Cool Lake. The ranch-style home boasts over 6,000 sq ft of living space with knotty pine and stain-glass accents creating a rustic yet elegant feel. The gourmet kitchen features quartz countertops, stainless appliances and large pantry perfect for culinary adventures (check out the variety of cooking/baking areas). Cozy up by one of the 6 fireplaces scattered throughout the home and take in the lake views throughout. The primary main floor suite engulfs one whole side of the house and offers relaxation with a heart-shaped tub, double sliders offering a whole wall of lake & sunrise views. Spacious elevated deck and separate balcony overlooks the grounds. Enjoy the in-ground pool, hot tub & fire pit amidst the tranquility. This property has an abundance of amazing outdoor spaces including a covered front patio perfect for being outside & grilling in any weather. A large pole barn provides ample storage or workspace: there's an equipment/garden shed area, storage area, workshop, office & half bath inside. Barn is heated and has hot/cold water & drain plus upgraded LED lighting. Outside the barn is a 100' shooting range. Take your ATV around the property to check on your blinds as the owner has some trails that just need a little bit of refreshening to be the perfect walking path. Take in nature amidst the woods, lake & ravines plus continue your adventure onto the National Forest off the east border of the property! There are many areas for expansion should you wish to add additional outbuildings or cabins or another home for extended family/guests. There are so many amenities both inside and out - be sure to review the floor plan in the photos. This estate would make a wonderful family or corporate retreat, perhaps a hunt club or an investment property with lots of growth possibilities. 4-seasons of fun awaits you!
MlsNumber:	1920278

Listing Provided By:	Coldwell Banker Schmidt Family Of Companies, original listing
Name:	Coldwell Banker Schmidt Family Of Companies
Office Name:	Schmidt Realtors
Office Phone:	(231) 775-1737
Agent Name:	Daniella Bell
Disclaimer:	Copyright Â© 2024 Coldwell Banker Schmidt REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

USHUD.com is a private company not affiliated or associated with or endorsed, authorized, approved, sponsored
or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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