Move-In Ready Executive Home on Private Homan Lake! Nestled on 10 serene acres in Iron County, Michigan, this exceptional property offers a rare opportunity to own a piece of Northwoods paradise. The main residence, guest house, attached garage, and detached garage are all beautifully maintained and ready for you to move in. 4 Bedrooms, 2.5 Baths Enjoy the luxury of space and privacy. Chef’s Kitchen- Alder wood cabinets, soapstone countertops, and ample room for entertaining. Engineered elm floors with in-floor heating, vaulted ceilings, and a freestanding Woodstock Soapstone fireplace in the dining area. All-season sunroom with a built-in grill, hood. Living Room Features a handpicked Montana stone fireplace, perfect for cozy evenings. Master Suite shared between two bedrooms, offering a tiled steam shower, soaking tub,double sink. Living quarters above the garage and don't forget the Guest house for extra over flow, one bedroom one bath, sauna. Detached garage has extra storage
For sale
$1,950,000
195 Homan Lake Rd, Iron River, MI 49935
5beds
5,682sqft
Est.:
Single Family Residence
Built in 2013
10.29 Acres Lot
$1,914,900 Zestimate®
$343/sqft
$-- HOA
What's special
Private serene homan lakeStunning lake viewsBeautiful landscaped firepit areaVaulted ceilingsSoapstone countertopsAlder wood cabinetsStorage throughout the property
- 588 days |
- 638 |
- 38 |
Zillow last checked:
Listing updated:
Listed by:
NICOLE HEBERT 906-284-0216,
KELLER WILLIAMS CLASSIC REALTY NW 763-463-7500
Source: GNMLS,MLS#: 208855
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 12x15
Bedroom
- Level: Second
- Dimensions: 20x19
Bedroom
- Level: First
- Dimensions: 11x11
Bedroom
- Level: Second
- Dimensions: 19x21
Bedroom
- Level: Second
- Dimensions: 24x15
Bathroom
- Level: Second
Bathroom
- Level: First
Bathroom
- Level: First
Bathroom
- Level: Second
Dining room
- Level: First
- Dimensions: 12x18
Kitchen
- Level: First
- Dimensions: 13x14
Laundry
- Level: First
- Dimensions: 8x22
Living room
- Level: First
- Dimensions: 28x22
Sunroom
- Level: First
- Dimensions: 18x21
Utility room
- Level: First
- Dimensions: 12x8
Heating
- Forced Air, Propane, Radiant Floor, Zoned
Appliances
- Included: Built-In Oven, Double Oven, Dryer, Dishwasher, Indoor Grill, Propane Water Heater, Refrigerator, Some Commercial Grade, Self Cleaning Oven, Washer, Air To Air Exchanger, Exhaust Fan
- Laundry: Main Level
Features
- Additional Living Quarters, Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Bath in Primary Bedroom, Main Level Primary, Sauna, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Ceramic Tile, Tile, Wood
- Number of fireplaces: 1
- Fireplace features: Free Standing, Gas, Wood Burning
Interior area
- Total structure area: 5,682
- Total interior livable area: 5,682 sqft
- Finished area above ground: 4,090
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Detached, Garage, Two Car Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One and One Half
- Stories: 1.5
- Exterior features: Dock, Landscaping, Paved Driveway
- Has view: Yes
- On waterfront: Yes
- Waterfront features: Shoreline - Sand, Shoreline - Rocky, Lake Front
- Body of water: HOMAN
- Frontage type: Lakefront
- Frontage length: 739,739
Lot
- Size: 10.29 Acres
- Dimensions: 739 x
- Features: Lake Front, Private, Rural Lot, Secluded, Wooded
Details
- Additional structures: Guest House
- Parcel number: 00416700120
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One and One Half Story
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Year built: 2013
Details
- Builder name: Wahlberg
Utilities & green energy
- Sewer: County Septic Maintenance Program - No, Septic Tank
- Water: Drilled Well
- Utilities for property: Phone Available, Septic Available
Community & HOA
Community
- Security: Security System
- Subdivision: Homan Lake
Location
- Region: Iron River
Financial & listing details
- Price per square foot: $343/sqft
- Tax assessed value: $580,670
- Annual tax amount: $10,930
- Date on market: 9/4/2024
- Ownership: Fee Simple
- Road surface type: Unimproved
Estimated market value
$1,914,900
$1.82M - $2.01M
$3,493/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2025 | Listed for sale | $1,950,000$343/sqft |
Source:  GNMLS #208855 Report a problem | ||
| 10/31/2025 | Contingent | $1,950,000$343/sqft |
Source: GNMLS #208855 Report a problem | ||
| 10/31/2025 | Price change | $1,950,000+4%$343/sqft |
Source:  Upper Peninsula AOR #50154234 Report a problem | ||
| 9/3/2025 | Listed for sale | $1,875,000$330/sqft |
Source: Upper Peninsula AOR #50154234 Report a problem | ||
| 8/10/2025 | Contingent | $1,875,000$330/sqft |
Source: GNMLS #208855 Report a problem | ||
| 4/21/2025 | Price change | $1,875,000-14.6%$330/sqft |
Source: Upper Peninsula AOR #50154234 Report a problem | ||
| 9/4/2024 | Listed for sale | $2,195,000+1895.5%$386/sqft |
Source: Upper Peninsula AOR #50154234 Report a problem | ||
| 3/31/2014 | Sold | $110,000$19/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,822 +4.9% | $580,670 +4.5% |
| 2023 | $10,317 +3.1% | $555,800 +45.2% |
| 2022 | $10,002 | $382,700 +3.2% |
| 2021 | -- | $371,000 |
| 2020 | -- | $371,000 -7.1% |
| 2019 | -- | $399,200 +14.4% |
| 2017 | -- | $348,800 +3.3% |
| 2016 | -- | $337,600 +0.8% |
| 2015 | -- | $334,900 +15.3% |
| 2014 | -- | $290,500 -0.8% |
| 2013 | -- | $292,800 +61.7% |
| 2012 | -- | $181,100 +15.5% |
| 2011 | -- | $156,800 |
Find assessor info on the county website
Monthly payment
Est. payment
$12,030/mo
Principal & interest
$9690
Property taxes
$2340
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Climate risks
Neighborhood: 49935
Nearby schools
GreatSchools rating
- 5/10West Iron County High SchoolGrades: 6-12Distance: 9.9 mi
- 4/10Stambaugh Elementary SchoolGrades: PK-6Distance: 10 mi
Schools provided by the listing agent
- Middle: IR West Iron County
- High: IR West Iron County
Source: GNMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Iron County
- Iron River
- 49935
- 195 Homan Lake Rd
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