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Browse All Lake Ann MI Between $400K - $500K Properties for Sale

$400,000
1947731 MLS Metes & Bounds BLDG.
Waterfront opportunities of this caliber are uncommon in this market. This 4.7 acre parcel on Pearl Lake offers 169+/- feet of frontage on a true all sports lake, providing genuine recreational access for boating, fishing, and swimming rather than a passive water view. The site has been thoughtfully prepared for development. A driveway is already in place, and the building site has been semi cleared, reducing both the cost and complexity of the build process. The topography supports a lower level walkout design, and the parcel's westerly orientation provides consistent sunset views over the water. Buyers also have the flexibility to build a pole barn before constructing a home, an uncommon allowance that opens the door for phased building plans, equipment and boat storage, or simply getting settled on the property ahead of a full build. Positioned in the northern portion of Benzie County, the property offers a rare combination of privacy and accessibility. Downtown Traverse City is 16 miles away. Empire is 12 miles. Glen Arbor is 15 miles. Lake Ann is just 6.5 miles, placing this parcel within easy reach of the region's dining, wine trails, and outdoor recreation, including Sleeping Bear Dunes National Lakeshore. For buyers seeking buildable, all sports waterfront acreage near the Leelanau County line, this parcel represents a distinct opportunity in a location where comparable offerings are rarely available.

16963 Parcel C Gray Heirs Road, Lake Ann

$499,000
3 Beds 2 Baths 1946070 MLS Na BLDG.
Discover the opportunity to create your dream home on this beautiful 4.89-acre parcel of land in Northern Michigan. This "to be built" home package will include a 14-foot-wide driveway leading up to your stunning house on the hill where you can take full advantage of the breathtaking natural surroundings and tranquil setting. Proposed Home Features: - 1716 Finished Square Feet: Spacious and thoughtfully designed layout. - 3-Car Garage: Ample space for vehicles and storage. - Master Bathroom: Enjoy the luxury of a private retreat. - Laundry Room: Conveniently located for everyday living. - Dedicated Pantry Area: Ideal for organizing groceries and kitchen essentials. - Vinyl Plank Flooring Throughout: Modern, durable, and stylish flooring. - Extra Storage in Garage: Perfect for tools and outdoor equipment. - Upgrades Available: Personalize your home to fit your lifestyle. Location and Value: Situated in beautiful Benzie County, this property offers the perfect blend of nature and accessibility. Enjoy the serene surroundings while being just a short 6-minute drive from the charming village of Lake Ann. Traverse City is approximately 20 minutes to the east, while the picturesque towns of Frankfort and Beulah lie approximately 20 minutes to the west, providing endless recreational opportunities. Perched atop a hill, your future home will showcase stunning natural views, ensuring a peaceful oasis that captures the essence of Northern Michigan living. Home Listed as "To Be Built": This listing offers the unique chance to secure your own "to be built" home. Buyers will need to obtain construction financing and collaborate with seller, who is the builder, to bring their vision to life. Seize this rare opportunity to build your dream home amidst the beauty of Northern Michigan. *Seller is a licensed Real Estate Broker in the State of Michigan. **Builder is offering a home completion guarantee of 7 months from the start of construction.

Off Of Reynolds Road, Lake Ann

$420,000
4 Beds 3 Baths 1935642 MLS Windtree Oaks BLDG.
Room to Breathe, Close to It All. Just 12 miles west of Traverse City and tucked between TC and Benzie schools, this inviting ranch sits on a breezy, spacious lot that feels like just the right amount of space—enough to stretch out, but still easy to manage. The kind of place where you can settle in quickly and grow comfortably. Inside, a spacious foyer welcomes you into a thoughtfully laid-out home with a split-bedroom floor plan for added privacy. New flooring runs throughout the main level, adding a clean, fresh feel. The kitchen is bright and functional, with a breakfast bar, walk-in pantry, ceramic tile floors, and updated appliances (2021)—simple upgrades that make everyday life easier. Main-floor laundry adds convenience, while the finished lower level offers flexibility with a large family room, a fourth bedroom with an egress window, and generous storage. Whether you're hosting guests or just looking for space to unwind, there's room here for all of it. Outside, you’ll find an expansive deck overlooking the backyard that’s low-maintenance and ready for summer evenings, plus a covered front porch and newly mulched landscaping that keeps things polished without a lot of effort. Underground sprinklers and a textured concrete walkway round out the details, along with a finished 3-car garage complete with built-ins and a workbench—perfect for storage or weekend projects. And when it comes to everyday living, you’re less than a mile from Lake Ann—where local charm meets convenience. Grab essentials at Lake Ann Grocery, soak up sunny afternoons at the public beach and park, enjoy live music and local brews at Lake Ann Brewery, or treat yourself to delicious pizza and a cozy coffee shop. It’s all just a short walk or bike ride away. Meanwhile, Traverse City is just 15 minutes away for business, errands, or fun. If you’re looking for a home that’s comfortable, manageable, and set in a great neighborhood, this one checks all the boxes.

6886 Windwood Drive, Lake Ann

$461,000
5 Baths 1933241 MLS Tiger Drive BLDG.
Spacious Updated Duplex in Lake Ann – Ideal Investment or Owner-Occupant Opportunity! Don’t miss this rare opportunity to own a beautifully updated duplex in Lake Ann just 20 minutes from Traverse City! Offering a combined total of over 4,000 finished square feet, each side of this open-concept property features 2,016 sq ft of living space, an attached 1-car garage, and its own private front porch and back deck—perfect for enjoying the peaceful, spacious yard on this generously sized lot. Each unit has a main floor primary suite and laundry for easy living. The large, finished basements include a bedroom with egress windows and a spacious family room, ideal for entertaining or relaxing. Unit A features 3 bedrooms, 3 bathrooms, and a versatile loft space, while Unit B offers 3 bedrooms and 2 bathrooms. Significant updates in 2022 include new flooring, a new well, and the completion of both basements. Whether you're looking to live in one side and rent out the other, or seeking a solid investment with dual rental income, this duplex is the perfect fit. Both units are currently leased: one transitions to month-to-month in June, the other in December—offering flexibility for future plans. Enjoy small-town charm with proximity to Traverse City and all that Northern Michigan has to offer. This is a unique and turnkey property with excellent potential—schedule your showing today!

7276 Tiger Drive Unit A and B, Lake Ann

$430,000
3 Beds 3 Baths 1932017 MLS Windtree Oaks BLDG.
Nestled in a tranquil neighborhood just under a mile from downtown Lake Ann, this home offers easy access to local favorites like Stone Oven, Lake Ann Brewing Company, and Red Door Coffee House. Inside, you'll find an open-concept main living area, nice high ceilings, & abundant natural light, creating an inviting atmosphere and perfect layout for entertaining. The kitchen is well-equipped with ample cupboard space to meet all your cooking and storage needs. Additional highlights of this home include walk-out basement with a spacious open area which allows for versatility in how you can use that area to best fit your needs, a bathroom on every floor, newly added lower-level bathroom with soaking tub, and a fenced in private back yard. Also noteworthy, appliance hook-ups are plumbed for gas or electric giving you choice depending on your preference, 220- amp in the garage for EV level 2 charger as well recently upgraded to a 200-amp breaker box for a future hot tub. Recent updates include a new roof installed in 2022 with 40-year shingles, as well as new heating, air conditioning, water heater, and kitchen appliances, all updated within the last 2 to 5 years. Conveniently located near several grocery stores and schools, this home is also just minutes away from a variety of stunning lakes, perfect for enjoying all the water sports that Northern Michigan has to offer. You’ll be under 10 miles from the world-renowned Interlochen Arts Academy, less than a half-hour from the breathtaking Sleeping Bear Dunes, and only a short 20-minute drive to Traverse City.

6684 Windtree Lane, Lake Ann

$455,000
3 Beds 2 Baths 1913717 MLS Metes & Bounds BLDG.
Exceptional living experience in this beautiful home! Home features main floor living with with 3 bed/2 baths, 3 season room screened in porch, solid hardwood doors, trim and finishings throughout, fieldstone gas fireplace in the living room and a lovely kitchen with a peninsula. Primary bedroom features a beautiful bay window and a fantastic en suite topped off with a jetted tub. Step outside, and you'll find yourself surrounded by the most delightful features. A spacious pole barn awaits, perfect for all your storage needs and hobbies. The gardens are meticulously designed, adding a touch of natural beauty to the landscape. Imagine enjoying the outdoors under the charming pergola, creating lasting memories with family and friends. But that's not all! A refreshing in-ground pool is ready to become the center of your summer activities, offering hours of fun and relaxation. And for those moments when you want to soak in the sunlight without stepping outside, the enchanting 3 season room is here to provide the perfect gathering spot. You'll even find a unique sugar shack on the property – measuring 6 x 8 – equipped with a wood stove, allowing you to indulge in the age-old tradition of making your own maple syrup. Location, location, location! This home is perfectly situated just a short drive from the Red Door Cafe, Stone Oven, and Almira Township Park. You'll have easy access to fantastic dining options and a beautiful park for outdoor recreation and relaxation. Don't miss this rare opportunity to own a property with so much potential and character. This is more than a house, it's a home!

20403 Maple Street, Lake Ann

$415,000
4 Beds 3 Baths 1919427 MLS Gray's Riverdale #2 BLDG.
Over the river and through the woods, to your new lovely home you go! Just 5 minutes to the village of Lake Ann and 30 minutes to Traverse City, this home is full of natural light, surrounded by mature trees, with trails right in the backyard leading to 600 acres of State Land for hiking, biking and foraging. This home features a brand-new roof, a spacious floor plan with sky lights and vaulted ceilings, new stone tops in the kitchen, new vinyl plank flooring, a new refrigerator, and main floor laundry. The upper level features a large, bright primary suite with private bath and walk in closet, as well as two spacious guest bedrooms with large closets featuring built in shelving and another full bath. In the lower level you will find a wet bar area and 2nd new refrigerator, additional living space, a large bedroom, as well as ample storage and an entrance from the large, drive under attached garage. Step outside on your large back deck to discover that there is a newly refreshed shed, with a custom chicken coop added, and everything that you need to add some spring chicks, as well as a beautiful, fenced garden featuring raised beds and a greenhouse. You are set to start homesteading this spring. Just down the street there is shared neighborhood access to put your kayak or paddle board on Lake Ann, as well as access to the Platte River, which runs through the woods and neighborhood. This home will bring the joy of nature to any outdoors enthusiast. Natural gas is available at the road if there is a preference to convert.

19096 Birch View Trail, Lake Ann

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Between $400K - $500K Lake Ann Real Estate

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