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195 Homan Lake, Iron River, MI 49935

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For Sale
Sale Pending

$1,875,000

5 beds • 3 baths • 1 half baths • 4,031 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $465.15
    Price per square foot

  • 11-20 Years Old
    Age

  • Fireplace
    Fireplace

Explore this Property

Move-in ready and waiting for you, this executive home on 10 acres is situated on the private, serene Homan Lake in Iron County, Michigan. The moment you arrive, you ll never want to leave. The property is beautifully landscaped, with recently epoxied garage floors and freshly stained buildings. Step inside to discover engineered elm floors with in-floor heating, extending even to the attached garage. The open-concept layout features a chef s kitchen with soapstone countertops, Alder wood cabinets, and vaulted ceilings that flood the space with natural light. Entertain guests in the dining area, complete with a freestanding Woodstock Soapstone fireplace, or relax in the all-season sunroom, which boasts a built-in grill, hood, and stunning lake views. The living room offers another cozy retreat with a handpicked Montana stone fireplace. The main home includes four bedrooms and 2.5 baths, with a master bath shared by two bedrooms, featuring a tiled steam shower, soaking tub, and double sinks. Upstairs, includes 2 more bedrooms and a bath with a balcony with views of the outdoors and lake. Main-floor living is made easy with a laundry room attached to the garage and plenty of storage throughout the property Additional living quarters above the attached garage provide a bedroom, bath for overflow of guests. The 1590+ sq ft guest house adds even more versatility with one bedroom, one bath, a sauna, kitchen, living area, and a family entertaining space. Outside, a retractable electric/remote awning provides shade on hot days, while wood soffits and gutters add to the home s charm. The extra detached garage includes upstairs storage accessible by stairs. The waterfront features a beautiful landscaped firepit area and a 72-foot aluminum dock, making it easy to enjoy the tranquil beauty of Homan Lake, which has a max depth of 37 feet. This private lake setting offers the peacefulness of the Northwoods while still being close to other rivers, lakes, and streams. Most furnishings and all appliances in both the main house and guest house are included, and both homes are equipped with security systems for added peace of mind. Located on a private road, this property is a true retreat, ready for you to move in and enjoy.
MLS# 50154234

Courtesy Of KELLER WILLIAMS CLASSIC REALTY NM
107 N Fourth Avenue, Iron River, MI
(763) 463-7500

Property Features

  • Age
    11-20 Years Old
  • Amenities
    Deck, Dock, Patio, Security System, Security System, Water Front
  • Appliances
    Dishwasher, Dryer, Garbage Disposer, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Conventional
  • Exterior Type
    Log
  • Fireplace
    Fireplace
  • Heating System
    Forced Air, Radiant, Radiant Floor
  • Lot Size
    10.29 Acres
  • Rooms
    Dining Room, Kitchen, Living Room, Sauna

Map and Directions

Directions to 195 Homan Lake, Iron River, MI 49935

Home seller CENTURY 21 Burkett & Associates

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Burkett & Associates

(715) 547-3400
Learn More About Us

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Monthly Payment Breakdown

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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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† 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.