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18020 Lake, Pelkie, MI 49958

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For Sale

$325,000

2 beds • 1 baths • 1,209 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Farm/Ranch
    Property type

  • Newly Listed
    Time on Century 21

  • $268.82
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Location, location, location! Here is a charming 2-bedroom farmhouse/hobby farm in Tapiola! This wonderful 40-acre property offers approximately 30 acres of open fields and 5 acres of wooded land. This location is truly fantastic, being less than a mile from Otter Lake, with a public boat launch, great kayaking and fishing. The natural beauty of this area is undeniable. As you enter, you'll find a spacious and thoughtfully designed kitchen (updated in 2014), along with the bathroom, living room, and sitting/dining room. The front of the house includes a large enclosed porch, part of which has been converted into an additional (3rd) bedroom. The home received new insulation in 2024 along with new entry doors. Upstairs, you'll find two bedrooms and a landing area that could potentially be converted into a half bath. Outside, the property includes a convenient two-car garage and a large working barn. The current owners have cattle on the land. A significant feature is the large solar panel system installed on the south-facing roof of the barn. While the system doesn't include batteries, it has provided the owners with electricity for the Ontonagon REA minimum of $30 per month, as REA offers a dollar-for-dollar credit for each unit of electricity produced. Impressively, the panels have generated enough electricity for a family of four. The roof of the house was replaced in 2015. The property also boasts raspberrys, blueberries, a peach and cherry tree and numerous apple trees (, Cortland, Honeycrisp, Yellow Transparent and others), all organically grown. Please note that all showing requests require 24-hour notice. The sellers will be reviewing all offers on May 31st and will respond by noon on June 3rd.
MLS# 50175072

Courtesy Of STATE WIDE OF HOUGHTON
500 SHELDON AVE, HOUGHTON, MI
(906) 482-6955

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dishwasher, Dryer, Range, Refrigerator, Washer
  • Architecture Style
    Conventional
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Vinyl, Wood
  • Heating System
    Forced Air
  • Lot Size
    40 Acres
  • Rooms
    Basement, Kitchen, Living Room

Map and Directions

Directions to 18020 Lake, Pelkie, MI 49958

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Copyright © 2025 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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