The MJA CompanyNational Realty Centers (248) 780-8944
5040 Hemingway Lake Road, Otter Lake, MI 484645040 Hemingway Lake Road, Otter Lake, MI 48464 photo 25040 Hemingway Lake Road, Otter Lake, MI 48464 photo 35040 Hemingway Lake Road, Otter Lake, MI 48464 photo 45040 Hemingway Lake Road, Otter Lake, MI 48464 photo 5
$349,900 For sale

5040 Hemingway Lake Road

Otter Lake, MI 48464

3beds
2.5baths
3,300sqft
8acres
2005built
$106per sqft
2days listed

Single Family Residence · MLS # 20261079546 · Listing courtesy of Realty Executives Main St LLC

About this home

Beautiful custom-built log home nestled on 8 private acres with a pond and a peaceful country setting. This unique 4-bedroom, 2.5-bath home offers approximately 2,300 sq. ft. plus an impressive 1,000 sq. ft. finished walkout basement. Soaring ceilings, a large deck overlooking the property, and quality custom features throughout give this home a warm, inviting feel. The spacious layout offers plenty of room for family and entertaining, while the walkout basement provides additional living and recreation space. Enjoy the privacy, wildlife and natural beauty that come with this exceptional 8-acre property. A truly special log home with the space, setting and character you've been looking for.

Interior

Bedrooms3
Full baths2
Half baths1
Living area3,300 sqft
BasementFull, Partially Finished, Walk Out Access
Finished below grade1,000 sqft
FireplaceLiving Room
AppliancesDishwasher, Dryer, Free Standing Electric Range, Free Standing Refrigerator, Microwave, Washer
LaundryLaundry Room
LevelsOne And One Half

Systems and utilities

HeatingForced Air, High Efficiency Sealed Combustion, Natural Gas
Water heaterNatural Gas
WaterWell
SewerSeptic Tank

Exterior and lot

StyleCape Cod
Year built2005
ConstructionLog, Wood Siding
RoofMetal
FoundationBasement, Poured
Garage spaces2
ParkingTwo Car Garage, Attached, Workshop In Garage
Lot size8 acres
Lot dimensions344x577x641x658
Patio and porchDeck, Porch
PoolAbove Ground

Taxes, HOA and more

Annual taxes$2,170
Summer taxes$833
Winter taxes$1,337
MunicipalityMarathon Township
CountyLapeer
PossessionClose Plus31to60Days
Sale termsCash, Conventional, FHA, Usda Loan, Va Loan
Special conditionsShort Sale No, Standard

Schools

School districtLakeville

Property taxes for a new owner

The current owner pays about $2,170 a year. A buyer who lives here would pay about $2,146 to $4,123 a year once the taxable value resets after the sale, at the 2025 homestead rate of 23.34 mills for Marathon Twp and Lakeville schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.

Location

IDX information provided courtesy of Realcomp II Ltd. via The MJA Company at National Realty Centers, © 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data updated Nov 14, 2026, 7:39 PM.

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