If you've been waiting for a beautiful waterfront location to come along on Big Glen Lake - here it is! 5450 W. MacFarlane Rd. With a very level lot, perfect views of Alligator Hill and west facing sunset vistas, on over half an acre of land and with a well-kept home to customize and make your own - this property is calling your name! While the original footprint of the cottage is from the 1940's, it was rebuilt from the ground up in the late 1990's, and boasts three bedrooms, an additional sleeping space, two full bathrooms, laundry, air conditioning, and the most beautiful fieldstone fireplace in its light and airy living room! Expansive views of the lake are welcomed in through the living room windows, and the adjacent, open kitchen and dining area also allow for the same. There's a main floor primary bedroom, bathroom and laundry, with an additional two bedrooms, bathroom, and sleeping space upstairs! Outside, the 61' of Glen Lake frontage also comes with a brand new dock that is being included in the sale of the home! A detached, two car garage is ideal not only for parking, but for off season storage of kayaks, bikes, patio furniture, and more. This is a competitive price point for Big Glen Lake. Being sold furnished with few exceptions!
Pending
Price cut: $50K (2/16)
$1,690,000
5450 W Macfarlane Rd, Glen Arbor, MI 49636
3beds
1,800sqft
Est.:
Single Family Residence
Built in 1945
0.65 Acres Lot
$1,628,100 Zestimate®
$939/sqft
$-- HOA
What's special
Very level lotAir conditioningMost beautiful fieldstone fireplaceWell-kept homeDetached two car garageThree bedroomsWest facing sunset vistas
- 81 days |
- 3,257 |
- 83 |
Zillow last checked: 7 hours ago
Listing updated: March 18, 2026 at 08:09am
Listed by:
Ranae Ihme 231-218-2714,
LVR Realty, LLC 231-218-2714
Source: NGLRMLS,MLS#: 1941509
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Great Room
Primary bedroom
- Level: Main
- Area: 182
- Dimensions: 13 x 14
Bedroom 2
- Level: Upper
- Area: 120
- Dimensions: 12 x 10
Bedroom 3
- Level: Upper
- Area: 154
- Dimensions: 11 x 14
Primary bathroom
- Features: Shared
Kitchen
- Level: Main
- Area: 80
- Dimensions: 8 x 10
Living room
- Level: Main
- Dimensions: 14.42 x 26
Heating
- Forced Air, Propane, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Refrigerator, Oven/Range, Microwave, Washer, Dryer, Freezer, Exhaust Fan, Propane Water Heater
- Laundry: Main Level
Features
- Entrance Foyer, Vaulted Ceiling(s), Drywall, Ceiling Fan(s), Cable TV, High Speed Internet, WiFi
- Flooring: Carpet, Vinyl
- Windows: Blinds, Drapes, Curtain Rods
- Basement: Crawl Space
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
- Finished area above ground: 1,800
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached, Gravel
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Deck
- Exterior features: Dock
- Has view: Yes
- View description: Water
- Water view: Water
- Waterfront features: Inland Lake, All Sports, Sandy Bottom
- Body of water: Big Glen Lake
- Frontage type: Waterfront
- Frontage length: 61
Lot
- Size: 0.65 Acres
- Dimensions: 61 x 300
- Features: Wooded-Hardwoods, Cleared, Level, Metes and Bounds
Details
- Additional structures: None
- Parcel number: 00501104000
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary,Cottage
- Property subtype: Single Family Residence
Materials
- 2x6 Framing, Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1945
Utilities & green energy
- Water: Private
Community & HOA
Community
- Features: None
- Subdivision: Metes and Bounds
HOA
- Services included: None
Location
- Region: Glen Arbor
Financial & listing details
- Price per square foot: $939/sqft
- Tax assessed value: $216,138
- Annual tax amount: $7,037
- Price range: $1.7M - $1.7M
- Date on market: 1/7/2026
- Cumulative days on market: 82 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash,1031 Exchange
- Ownership type: Private Owner
Estimated market value
$1,628,100
$1.55M - $1.71M
$2,640/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/18/2026 | Pending sale | $1,690,000$939/sqft |
Source:  NGLRMLS #1941509 Report a problem | ||
| 2/16/2026 | Price change | $1,690,000-2.9%$939/sqft |
Source: NGLRMLS #1941509 Report a problem | ||
| 1/26/2026 | Price change | $1,740,000-0.6%$967/sqft |
Source: NGLRMLS #1941509 Report a problem | ||
| 1/7/2026 | Listed for sale | $1,750,000+644.7%$972/sqft |
Source: NGLRMLS #1941509 Report a problem | ||
| 8/4/1992 | Sold | $235,000$131/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,037 +3.3% | $710,900 +34.2% |
| 2023 | $6,811 +0.5% | $529,800 +21.5% |
| 2022 | $6,778 +1.3% | $435,900 +3% |
| 2021 | $6,690 +278.9% | $423,000 -8.2% |
| 2020 | $1,765 | $461,000 +0.5% |
| 2019 | -- | $458,500 +1.4% |
| 2018 | -- | $452,300 +33.8% |
| 2017 | -- | $338,100 -10.2% |
| 2016 | -- | $376,600 +0.2% |
| 2015 | -- | $376,000 -0.5% |
| 2014 | -- | $377,800 +2.3% |
| 2013 | -- | $369,300 +3.3% |
| 2012 | -- | $357,600 -6.6% |
| 2011 | -- | $382,900 +10.1% |
| 2010 | -- | $347,800 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$9,701/mo
Principal & interest
$8715
Property taxes
$986
More affordability tools
Climate risks
Neighborhood: 49636
Nearby schools
GreatSchools rating
- 8/10Glen Lake Community SchoolGrades: PK-12Distance: 2 mi
Schools provided by the listing agent
- District: Glen Lake Community Schools
Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 49636
- Michigan
- Leelanau County
- Glen Arbor
- 49636
- 5450 W Macfarlane Rd
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