For sale

$515,000

Est. $3,156/mo —

•

1,990

sq ft

406 E Third St, Elk Rapids, MI 49629

About this home

Great opportunity in Elk Rapids! This 4-bedroom, 2-bath ranch home sits on a spacious 1+ acre lot, offering privacy, room to roam, and plenty of potential. The home features an open kitchen and dining area, a comfortable living room, and a separate family room-providing flexible space for everyday living and entertaining. The property needs some TLC, but the possibilities are exciting. Step outside to the back deck overlooking the beautifully private yard, a perfect setting for relaxing, entertaining, or enjoying the peaceful surroundings. Two detached 2-car garages provide an abundance of parking, storage, and workspace options. Conveniently located near local schools and Elk Lake public access, this property offers the opportunity to create your ideal Northern Michigan home while enjoying all that the Elk Rapids area has to offer. Bring your vision and make this property your own!

Single-familyProperty Type

1968Year Built

1.23 acresLot Size

$259Price/Sq.Ft.

2 car garageParking

Listed by Kellie Sergent • Century 21 Northland-Elk Rapids

Listing updated: Oct 23, 2026 at 08:34am

Redfin checked: 2 minutes ago

•Source:REALCOMP #78080074302

Listing provided courtesy of Realcomp MLS

Payment calculator

$3,156 per month

Principal and interest$2,811

Property taxes

$182

HOA dues

Home insurance

$163

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (3)

OPEN TODAY, 12PM TO 2PM
$530,000
3 beds3 baths2,012 sq ft
356 Huron St, Traverse City, MI 49686
0.28 acre lot • Garage • Built 1951
OPEN TODAY, 1PM TO 4PM
$716,000
5 beds2.5 baths3,274 sq ft
7211 Logan Ln, Traverse City, MI 49686
0.52 acre lot • 2 garage spots • Built 1979
OPEN TODAY, 2PM TO 4PM3D WALKTHROUGH
$524,700
3 beds3 baths1,443 sq ft
6831 E Harbor Dr, Elk Rapids, MI 49629
0.51 acre lot • 2 garage spots • Built 1990

Around this home

Schools

K - 12
Preschool & daycare

Lakeland Elementary School

Public PreK-5 • Assigned • 0.3mi

8/10

Cherryland Middle School

Public 6-8 • Assigned • 0.3mi

8/10

Elk Rapids High School

Public 9-12 • Assigned • 0.2mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Offer insights

406 E Third St · $515,000

Strong offer

$515K and above

75% chance or better to win

Why $515K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 73 days.

SALE-TO-LIST

Most homes are selling 5% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Entrance foyer
Walk-in closet
Window treatments
Fireplace
Partial basement with walk-out access, concrete, and daylight features

Bathrooms
2 full bathrooms

Kitchen
Dishwasher
Disposal
Microwave
Oven
Refrigerator
Range

Laundry & utility
Washer
Dryer
Gas water heater
Owned water softener

Heating & cooling
Baseboard, hot water, and natural gas heating
Ceiling fans

Sale and tax history for 406 E Third St

Sale History
Tax History

Date

Event

Price

MiRealSource-MiMLS #80074302

Oct 20, 2026

Price Changed

$515,000

$259/sq ft

Oct 7, 2026

Listed

$545,000

$274/sq ft

+56

Great opportunity in Elk Rapids! This 4-bedroom, 2-bath ranch home sits on a spacious 1+ acre lot, offering privacy, room to roam, and plenty of potential. The home features an open kitchen and dining area, a comfortable living room, and a separate family roomâ€”providing flexible space for everyday living and entertaining. The property needs some TLC, but the possibilities are exciting. Step outside to the back deck overlooking the beautifully private yard, a perfect setting for relaxing, entertaining, or enjoying the peaceful surroundings. Two detached 2-car garages provide an abundance of parking, storage, and workspace options. Conveniently located near local schools and Elk Lake public access, this property offers the opportunity to create your ideal Northern Michigan home while enjoying all that the Elk Rapids area has to offer. Bring your vision and make this property your own!

REALCOMP #78080074302

Oct 20, 2026

Price Changed

$515,000

$259/sq ft

Oct 7, 2026

Listed

$545,000

$274/sq ft

Greater Lansing AoR #1170626

Jun 8, 2017

Sold

$243,000

$122/sq ft

Apr 28, 2017

Listed

$245,000

$123/sq ft

REALCOMP #78001170626

Jun 8, 2017

Sold

$243,000

$122/sq ft

Apr 28, 2017

Listed

$245,000

$123/sq ft

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

1.38 Acres

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

Antrim County

APN

05-43-021-059-10

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 2, 2026.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

1/10 Heat Factor

7 days above 94° expected this year, 13 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Elk Rapids, MI • 49629

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.5 hours in June and 2.3 hours in December, placing it below the U.S. average for solar exposure.

9.5 hrs

2.3 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 406 E Third St

$503,480

$12K under list price of $515K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $540K to $595K.

SOLD OCT 9, 2026
$570,000 Last sold price
4 beds2 baths2,010 sq ft
508 Pine St, Elk Rapids, MI 49629
$25/sq ft
smaller lot
67 years older
SOLD OCT 13, 2026
$570,000 Last sold price
4 beds2 baths2,360 sq ft
613 Spruce St, Elk Rapids, MI 49629
$17/sq ft
smaller lot
12 years newer
SOLD OCT 13, 2026
$570,000 Last sold price
4 beds2 baths2,360 sq ft
613 Spruce St Lot : 321, Elk Rapids, MI 49629
$17/sq ft
smaller lot
12 years newer
SOLD JUN 24, 2026
$540,000 Last sold price
3 beds1.5 baths1,644 sq ft
517 Spruce St, Elk Rapids, MI 49629
$69/sq ft
smaller lot
68 years older
SOLD NOV 10, 2025
$595,000 Last sold price
3 beds2.5 baths1,920 sq ft
6417 E Harbor Lot : 59, Elk Rapids, MI 49629
$51/sq ft
smaller lot
33 years newer
SOLD JUN 24, 2026
$540,000 Last sold price
3 beds1.5 baths1,644 sq ft
517 Spruce Lot : 325, Elk Rapids, MI 49629
$69/sq ft
smaller lot
68 years older

Rental earnings

Est. $2,184 per month, based on comparable rentals

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Early Access listings

EARLY ACCESSREDFIN COMING SOON

$559,000

3 beds2 baths1,528 sq ft

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EARLY ACCESS403753 COMING SOON

$425,000

3 beds2.5 baths3,490 sq ft

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EARLY ACCESSREDFIN COMING SOON

$470,000

4 beds3 baths2,322 sq ft

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New listings for sale in 49629

3D WALKTHROUGH

$780,000

3 beds3 baths2,600 sq ft

129 Mitchell Dr, Elk Rapids, MI 49629

Mature landscaping • Covered entry • Screened porch

Details provided by REALCOMP and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (3)

Around this home

Schools

Lifestyle

Offer insights

Property details

Sale and tax history for 406 E Third St

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 406 E Third St

Early Access listings

Nearby similar homes

New listings for sale in 49629

More real estate resources