Lake Homes under $500,000

Welcome to Lake, Michigan—a hidden gem nestled amidst the stunning landscapes of the Great Lakes region. This charming city offers a perfect blend of natural beauty, community spirit, and a relaxed lifestyle that attracts both families and retirees alike. With its picturesque waterfront views and abundant recreational activities, Lake is a haven for outdoor enthusiasts. Imagine spending your weekends boating, fishing, or simply strolling along the serene shores, soaking in the breathtaking sunsets that paint the sky.

One of the most appealing aspects of Lake is the diversity of homes available, particularly for those seeking properties under $500,000. Whether you’re looking for a cozy cottage by the water, a spacious family home with a backyard, or a modern townhouse in a friendly neighborhood, Lake has something to suit every taste and budget. The real estate market here is thriving, with many listings offering excellent value for your investment.

In addition to beautiful homes, Lake boasts a vibrant community filled with local shops, restaurants, and parks, providing everything you need within reach. The city hosts various events throughout the year, fostering a strong sense of belonging among residents. With its affordable housing options and a high quality of life, Lake, MI, is not just a place to live; it’s a place to thrive. Come explore the possibilities and discover your dream home in this delightful city!

Newest Lake Homes under $500,000

1853 Arbor Road, Lake $369,000

You won't want to miss this beautifully renovated tri-level lakefront home with 122 feet of sandy, private frontage on Lake George! From the moment you step inside, you'l...

3 Beds
2 Baths
26052039 MLS
ACTIVE Status

10780 Alpine Drive, Lake $179,999

This home is turnkey! It is ready to be your weekend getaway or full-time residence with plenty of room for guests! Gray Lake is a private, no-wake lake. Enjoy kayaking, ...

2 Beds
1 Baths
26051990 MLS
ACTIVE Status

410 Silver Lake Drive, Lake $109,500

Charming, fully furnished cottage on Silver Lake! This move-in-ready 1-bedroom, 1-bath home features an additional annex with sleeping accommodations, making it perfect f...

1 Beds
1 Baths
26050126 MLS
ACTIVE Status

5891 Woodland Drive, Lake $145,000

BACK ON MARKET Buyer Financing Fell Through! MOVE-IN READY AND FULLY FURNISHED! This well-maintained ranch offers approximately 1,457 square feet of comfortable one-level...

4 Beds
1 Baths
20261071727 MLS
ACTIVE Status

8668 Holly Street, Lake $48,000 ▼

Attention all handy folks! This fixer-upper has lots of potential. This is a large 4 bedroom 2 bath manufactured home in need of new flooring, walls and siding. The well ...

4 Beds
2 Baths
26047208 MLS
ACTIVE Status

1481 N Crooked Lake Drive, Lake $324,500 ▼

Discover turnkey lakefront living on beautiful Crooked Lake! Extensively renovated for year-round comfort, this inviting waterfront cottage offers two bedrooms, a versati...

2 Beds
1 Baths
26046499 MLS
ACTIVE Status

5755 W Herrick Road, Lake $275,000 ▼

Immediate Occupancy. Discover your dream home with this 3-bedroom, 2-bath ranch on 14.04 acres of beautiful, rolling woods. Offering 1,863 sq. ft. of living space, this m...

3 Beds
2 Baths
20261068111 MLS
ACTIVE Status

3140 Lake Of The Pines Drive, Lake image

3140 Lake Of The Pines Drive, Lake $139,900

Welcome to this inviting 2-bedroom, 2-bath home in the desirable Lake of the Pines subdivision in Lake, MI. Offering over 1,000 sq ft of comfortable living space, the hom...

2 Beds
2 Baths
26043711 MLS
ACTIVE Status

6554 Bear Lake Drive, Lake $65,000

With a little TLC, this cozy two-bedroom, one-bath cottage has all the potential to become the perfect Up North getaway. Enjoy the charm of a peaceful retreat with laundr...

2 Beds
1 Baths
1949457 MLS
ACTIVE CONTINGENT Status

7946 Manitonka Lane, Lake $74,900 ▼

Lakefront Cabin Retreat on Private Lake Manitonka! Escape to your own up north getaway on a quiet dead end road with 60 feet of lake frontage. This charming retreat offer...

2 Beds
1 Baths
50218825 MLS
ACTIVE Status

1361 N Crooked Lake Drive, Lake $239,900 ▼

Make the most of life on Crooked Lake at this 3-bedroom, 1-bath waterfront home located at 1361 N Crooked Lake Drive. The functional layout offers a roomy kitchen with an...

3 Beds
1 Baths
1949414 MLS
ACTIVE Status

8180 Trails End Road, Lake $225,000 ▼

Making Memories at the Lake! Welcome to this well-maintained 3-bedroom, 1.5-bath home offering canal frontage with direct access to 264-acre all-sports Crooked Lake. Enjo...

3 Beds
1 Baths
1949052 MLS
ACTIVE Status