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For sale
  • $1,299,900

    163 Homan Lake Rd, Iron River, MI 49935

    4beds
    4,392sqft
    : 
    Single Family Residence
    Built in 2006
    5.43 Acres Lot
    $1,230,700 Zestimate®
    $296/sqft
    $-- HOA

    What's special

    Large walk-in saunaSpa bathDual vanity sinks
    This spectacularly unique custom built 4 bedroom, 2.5 bath home on well over 5 acres was constructed with pride, passion and great attention to detail. Encompassing nearly 4,400 square feet of luxurious living space, that starts with the 2-car attached garage leading to the laundry/mud room with ample storage and half bath. From there, enter the custom kitchen that every chef would love, with soapstone countertops. The primary suite includes a walk-in tiled shower, spa bath, and dual vanity sinks. The lower level has two bedrooms with another large bath. This home even has a large walk-in sauna! The exterior is beautifully landscaped with a walking path down to the water. There are so many more amenities than your average waterfront home! 153-acre Homan Lake is a private lake and reaches depths of about 35 feet. It's also no-wake, so it's ideal for fishing, kayaking, canoeing, and swimming.
    72 days
    |
    344
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    STEPHEN REMONDINI 906-284-0341,

    STEPHENS REAL ESTATE 906-265-7325

    Source: GNMLS,MLS#: 215761MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Bedroom
      • Level: First
      • Dimensions: 18x13
      Bedroom
      • Level: Basement
      • Dimensions: 20x12
      Bedroom
      • Level: Basement
      • Dimensions: 19x16
      Bedroom
      • Level: First
      • Dimensions: 14x14
      Bathroom
      • Level: Basement
      Bathroom
      • Level: First
      Bathroom
      • Level: First
      Dining room
      • Level: First
      • Dimensions: 16x12
      Family room
      • Level: Basement
      • Dimensions: 20x21
      Kitchen
      • Level: First
      • Dimensions: 16x12
      Laundry
      • Level: First
      • Dimensions: 18x15
      Living room
      • Level: First
      • Dimensions: 21x21
      Heating
      • Forced Air, Natural Gas
      Appliances
      • Included: Gas Water Heater
      • Laundry: Main Level
      Features
      • Bath in Primary Bedroom, Sauna
      • Basement: Full,Finished,Walk-Out Access
      • Number of fireplaces: 2
      • Fireplace features: Multiple
      Interior area
      • Total structure area: 4,392
      • Total interior livable area: 4,392 sqft
      • Finished area above ground: 2,196
      • Finished area below ground: 2,196

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage, Two Car Garage
      • Garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Deck, Open
      • Exterior features: Deck
      • On waterfront: Yes
      • Waterfront features: Other
      • Body of water: HOMAN
      • Frontage length: 347,347
      Lot
      • Size: 5.43 Acres
      Details
      • Parcel number: 00416700123
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: One Story
      • Property subtype: Single Family Residence
      Materials
      • Frame, Log
      Condition
      • Year built: 2006

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Drilled Well
      • Utilities for property: Septic Available

      Community & HOA

      Community
      • Subdivision: Homan Lake
      Location
      • Region: Iron River

      Financial & listing details

      • Price per square foot: $296/sqft
      • Tax assessed value: $405,630
      • Annual tax amount: $9,625
      • Date on market: 2/13/2026
      • Ownership: Fee Simple,Condominium
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        Estimated market value

        $1,230,700

        $1.17M - $1.29M

        $2,626/mo

        Price history

        DateEventPrice
        2/13/2026Listed for sale$1,299,900+53.8%$296/sqft
        Source: Upper Peninsula AOR #50199384 Report a problem
        6/15/2021Sold$845,000-0.5%$192/sqft
        Source: GNMLS #187552 Report a problem
        6/9/2021Contingent$849,000$193/sqft
        Source: GNMLS #187552 Report a problem
        9/25/2020Listed for sale$849,000-5.6%$193/sqft
        Source: CENTURY 21 BURKETT & ASSOC. #187552 Report a problem
        1/1/2020Listing removed$899,000$205/sqft
        Source: WILD RIVERS REALTY-IR #1109389 Report a problem
        7/2/2018Listed for sale$899,000+235.5%$205/sqft
        Source: WILD RIVERS REALTY-IR #1109389 Report a problem
        8/9/2005Sold$267,950$61/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$8,930 +4.9%$405,630 -9.4%
        2023$8,513 -23.4%$447,500 +43.1%
        2022$11,120 $312,700 +21.9%
        2021-- $256,600
        2020-- $256,600 -6.7%
        2019-- $275,100 +14.7%
        2017-- $239,900 +0.3%
        2016-- $239,300 +0.8%
        2015-- $237,400 +7.2%
        2014-- $221,400 -4.9%
        2013-- $232,700 -11.4%
        2011-- $262,500

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $8,263/mo
        Principal & interest
        $6703
        Property taxes
        $1560
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          Climate risks

          Neighborhood: 49935

          Getting around

          0 / 100
          Car-Dependent
          32 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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