Set on 10 beautiful acres of mature hardwoods and pines, this inviting Northern Michigan home offers privacy, space, and a wonderful connection to Torch Lake. With just over 2,000 sq. ft. , the home features an updated kitchen with beautiful quartz countertops, tile flooring on the main level, and comfortable living spaces designed for year-round enjoyment. The walkout lower level features a cozy family room with a wood-burning stove and convenient exterior access, making it easy to bring firewood directly inside. The warmth naturally rises throughout the home, creating an especially comfortable retreat during Northern Michigan winters. Hot-water baseboard heat and a well-insulated design provide additional year-round comfort. The spacious three-stall garage offers plenty of room for vehicles, recreational gear, and a workshop, plus stairs leading to a large unfinished second-floor loft with excellent storage and future possibilities. Best of all, the property includes a paid covered indoor boat slip at Torch River Marina for the next year, providing easy access to spectacular Torch Lake. The buyer will have the opportunity to continue the slip arrangement, along with the option to purchase the seller’s pontoon boat separately. Additional features include a metal roof, septic system replaced in 2023, dishwasher new in 2024, electric range plus second oven, washer and dryer, and a 55-gallon electric water heater. A wonderful combination of wooded acreage, comfortable living, exceptional storage, and easy access to one of Northern Michigan’s most treasured lakes!
Set on 10 beautiful acres of mature hardwoods and pines, this inviting Northern Michigan home offers privacy, space, and a wonderful connection to Torch Lake. With just over 2,000 sq. ft. , the home features an updated kitchen with beautiful quartz countertops, tile flooring on the main level, and comfortable living spaces designed for year-round enjoyment. The walkout lower level features a cozy family room with a wood-burning stove and convenient exterior access, making it easy to bring firewood directly inside. The warmth naturally rises throughout the home, creating an especially comfortable retreat during Northern Michigan winters. Hot-water baseboard heat and a well-insulated design provide additional year-round comfort. The spacious three-stall garage offers plenty of room for vehicles, recreational gear, and a workshop, plus stairs leading to a large unfinished second-floor loft with excellent storage and future possibilities. Best of all, the property includes a paid covered indoor boat slip at Torch River Marina for the next year, providing easy access to spectacular Torch Lake. The buyer will have the opportunity to continue the slip arrangement, along with the option to purchase the sellers pontoon boat separately. Additional features include a metal roof, septic system replaced in 2023, dishwasher new in 2024, electric range plus second oven, washer and dryer, and a 55-gallon electric water heater. A wonderful combination of wooded acreage, comfortable living, exceptional storage, and easy access to one of Northern Michigans most treasured lakes!
MiRealSource-MiMLS #1140423
Feb 9, 2015
Sold
$140,500
$69/sq ft
May 13, 2014
Listed
$150,000
$74/sq ft
REALCOMP #78001140423
Feb 9, 2015
Sold
$140,500
$69/sq ft
May 13, 2014
Listed
$150,000
$74/sq ft
Professionally decorated barn style home. This 3 bed, 2 bath home is privately located on 10 heavily wooded and rolling acres with trails throughout the property. Features T & G vaulted ceiling, 23x42 two story garage, Large deck, Patio, Great landscaping, Woodstove, and much more. Close to lakes and trails while offering an easy commute to Traverse City.
MiRealSource-MiMLS #1115058
Nov 5, 2013
Listing Removed
—
Jul 3, 2013
Listed
$189,900
$93/sq ft
Public Records
Apr 14, 2005
Sold
$160,000
$79/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,263 (+1.0%)
2024
$2,240 (+8.1%)
2023
$2,073 (+10.1%)
2022
$1,883 (+2.4%)
2021
$1,838 (+1.0%)
2020
$1,820 (+1.9%)
2019
$1,787 (−0.4%)
2018
$1,795 (−0.2%)
2017
$1,798 (+2.7%)
2016
$1,750 (+12.2%)
2015
$1,560 (+1.6%)
2014
$1,536 (+6.1%)
2013
$1,448
Public record
Beds
3
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
10.24 Acres
Year renovated
—
Finished Sq. Ft.
1,547
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,547
Year built
1989
Style
Single Family Residential
County
Kalkaska County
APN
004-026-013-40
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
1/10 Heat Factor
7 days above 92° 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
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Rapid City, MI • 49676
Average low and high temperatures (°F)
26
15
31
16
43
26
54
34
63
42
76
56
80
60
77
58
74
53
63
43
46
34
33
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.4 hours in
June and 2.3 hours in December, placing it below the
U.S. average for solar exposure.
9.4 hrs
2.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5501 Way Rd
$380,014
$1,014 over list price of $379K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $225K to $449K.