Skip main navigation
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
    $1,232,000 Zestimate®
    $296/sqft
    $-- HOA

    What's special

    Private saunaMain-floor master suiteSpa bathLog-beam ceilingsHand-sawn wood floorsUltimate main-floor living experienceSpacious acreage
    This spectacularly unique 4 bedroom, 3.5 bath custom home on well over 5 acres offers the ultimate main-floor living experience. Encompassing nearly 4,400 sq ft, it was built with unmatched attention to detail, the interior features hand-sawn wood floors, log-beam ceilings, and two stunning stone wood-burning fireplaces. The chef’s kitchen boasts soapstone countertops and a walk-in pantry, flowing seamlessly into dining and living areas that open to a screened porch and expansive deck. The main-floor master suite includes a spa bath and walk-in tiled shower, while the walk-out lower level features a family room, two additional bedrooms, and a private sauna. Outside, landscaped paths lead to the pristine shores of Homan Lake—a 153-acre private, "no-wake" lake perfect for fishing and kayaking. Located in the serene Waasanoode neighborhood, you’ll enjoy spacious acreage, breathtaking sunsets, and unobstructed views of the Northern Lights.
    18 days
    |
    1,249
    |
    47
    |

    Zillow last checked: 8 hours ago

    Listing updated: February 13, 2026 at 08:44am

    Listed by:

    STEPHEN REMONDINI 906-284-0341,

    STEPHENS REAL ESTATE 906-265-7325

    Source: GNMLS,MLS#: 215761MLS Logo

    Tour with a local agent

    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
    Get pre-qualifiedBe ready to make an offer.
    Connect with an agentGet info on this home, tour, and more.
    Calculate monthly paymentSee if you can afford this home.

    Estimated market value

    $1,232,000

    $1.17M - $1.29M

    $2,626/mo

    Price history

    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

    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

    BuyAbility℠ payment

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

      Climate risks

      Neighborhood: 49935

      Nearby schools

      GreatSchools rating

      Local experts in 49935