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16640 Letteau Road, Bear Lake, MI 49614

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For Sale

$349,000

2 beds • 1 baths • 1,500 sqft

Estimated Payment

$ 1,813 /mo. †

6.76% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $232.67
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

4 generation Centennial Farm settled in the 1800's located just 3.5 miles E of LK Michigan near Arcadia in Pleasanton Twp. This homestead includes nearly 30 acres of crop & livestock pasture land, spring fed ponds, 1919 timber barn, large garage w loft, several outbuildings, 1500+ sq ft welcoming farm house, ALL on a quiet country road boosting spectacular westerly sunsets & breezy winds. Many updates over the years & operated as a horse/cattle farm; 4" well, new septic system just installed Aug 2024, new mechanicals (boiler system) in spring of 2024.
MLS# 1926447

Courtesy Of Real Estate One, Inc.
521 Randolph Street, Traverse City, MI 49684
(231) 933-1644

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Pond, Water Front
  • Appliances
    Dishwasher, Freezer, Microwave, Refrigerator, Washer
  • Architecture Style
    Other
  • Heating System
    Baseboard, Hot Water
  • Lot Size
    28.73 Acres
  • Roof Type
    Metal
  • Rooms
    Dining Room, Kitchen, Living Room

Map and Directions

Directions to 16640 Letteau Road, Bear Lake, MI 49614

Home seller CENTURY 21 Northland

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(231) 723-6100
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $1,813
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,813

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Bear Lake Elementary School

Grades PK-6 Public School

Bear Lake, MI 49614 4.7 miles
7748 cody st

164 total students
23:1 Student teacher ratio

School Rating: B-

School Details

Bear Lake High School

Grades 7-12 Public School

Bear Lake, MI 49614 4.7 miles
7748 cody st

143 total students
26:1 Student teacher ratio

School Rating: B

School Details

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Bear Lake, MI 49614

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Bear Lake, MI 49614

This community’s employment is highest in the sales and administrative support industries. The area’s overall household expenses are above the national average.

79° July
Hottest Average Month
15° February
Coldest Average Month
1,316 Total Households in Area
3.3% Increase in population since the year 2010
20.3%
of households
have children
23 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Bear Lake, MI 49614

Bear Lake, MI 49614 has a population of 3,148 people in 1,316 households with a median age of 51.5 years old.

3.3%
Increase in population
since the year 2010
Population is Trending up
1,255
Total households as of 2010
2.8%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 51.5 years old. The smallest percentage group is 65-74 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 91%
Hispanic 4%
Other 1%
Native American 1%
Black <1%
Asian <1%
The most prevalent ethnicity is White at 91%, followed by Hispanic at 4%, Other at 1%, and Native American at 1%.

Economics
for Bear Lake, MI 49614

37 /sq mi
Population Density
$60,117 /yr
Median Household Income
$0
Median Sales Price
23 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 19.1% of the households.

Transportation to Work

  • Drive 89%
  • Work from Home 8%
  • Walk or Bike 3%
  • Public Transit 0%

Occupancy by Type

Owned 1,229 57%
Vacant 822 38%
Rented 87 4%

White vs Blue Collar Jobs







White Collar 62%
Blue Collar 38%

Family & Education Facts
for Bear Lake, MI 49614

51.5 Median Age

Average Household Size

2.4
persons per
household

53.8%

Married Households

Community Population By Education

High School Graduate 36%
Some College 22%
Bachelors Degree 18%
Associates Degree 10%
Graduate Degree 8%
Some High School 6%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 36.22% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
20.3% of households have children

Weather
for Bear Lake, MI 49614

The weather for this area ranges from a high of 79° F in July to a low of 15° F in February

79° July
Hottest Average Month
15° February
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
16°
29°
Feb
15°
30°
Mar
23°
39°
Apr
33°
53°
May
42°
65°
Jun
52°
74°
Jul
58°
79°
Aug
57°
77°
Sep
51°
70°
Oct
41°
58°
Nov
31°
45°
Dec
22°
33°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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