9523-25 Terry Street, Lake, MI 48632

$299,900
Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,084 Lot Size (sq. ft.): 12,197 Status: Active
Current Price: $299,900 List Date: 1/23/2026 Last Modified: 8/01/2026

Overview

Description

Here is one for the savvy shopper, it is a waterfront BOGO or 2fer. Two cottages on the beach each with rental history. This property has a great peninsula view of Perch Lake with over 200ft of waterfrontage. Both have had recent updates including a new deck, flooring, kitchen and shower in the larger cabin, the smaller cabin has central air and a fireplace Both have spectacular views with walls of windows facing the lake. Step out onto the sandy beach ready for swimming or onto the new dock and and take your boat out. One for you and one for a friend or stay in one rent the other or rent both, the options are endless. Great recreation area with a short walk to Lake Station for ice cream or a trip to the General Store. The Pere Marquette rail to trail is a 1/4 mile away for all season hiking, biking or snowmobiling

Listing Details MLS# 26002792

Location Property Info

County
Clare
Street #
9523-25
Street Name
Terry
Suffix
Street
State
MI
Zip Code
48632

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
0.28
Lot Square Footage
12197
Lot Dimensions
27x157x11x44x53x80x15
Year Built
1920
Road Frontage
51
Garage Y/N
No
Fireplace
Yes
Total Fireplaces
Yes
Income Property
No
Total Rooms AG
10
Total Fin SqFt All Levels
1084
SqFt Above Grade
1084
Building Total SqFt
1084
Total Beds Above Grade
4
Total Bedrooms
4
Full Baths
2
Total Baths
2
Main Level Primary
Yes
Stories
Yes
School District
Farwell
# of Outbuildings
Yes
Association YN
No
Waterfront
Yes
Body of Water
Perch Lake
Statewide Lakes & Rivers
Perch Lake
Basement
No
Below Grade Finished SqFt
0
Below Grade Unfinished SqFt
0

Tax Info

Tax ID #
01325901003
Taxable Value
87200
SEV
61508
For Tax Year
2025
Seller's Annual Property Tax
2760
Tax Year
2024
Homestead %
0
Spec Assessment & Type
No

Remarks Misc

Directions
US 10 to Gibson south on Gibson to Terry St Left at the Ice cream shop follow Terry St down to cabins

Waterfront Options

Water Frontage
240

More Information

Access Feat

Accessibility Features
Yes

Upper Rooms

Total Baths Above Grade
2

Main Rooms

Main Bedrooms
4
Main Full Baths
2
Main Level SQFT
1084

Outbuilding 1

Outbuilding Description
Storage Shed

Location & Property Info

Cross Streets
Gibson and Terry St
Property Sub-Type
Single Family Residence
Area
Clare-Gladwin - D
Municipality
Garfield Twp

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
276.66
Ownership Type
Private Owned

Remarks & Misc

Public Remarks
Here is one for the savvy shopper, it is a waterfront BOGO or 2fer. Two cottages on the beach each with rental history. This property has a great peninsula view of Perch Lake with over 200ft of waterfrontage. Both have had recent updates including a new deck, flooring, kitchen and shower in the larger cabin, the smaller cabin has central air and a fireplace Both have spectacular views with walls of windows facing the lake. Step out onto the sandy beach ready for swimming or onto the new dock and and take your boat out. One for you and one for a friend or stay in one rent the other or rent both, the options are endless. Great recreation area with a short walk to Lake Station for ice cream or a trip to the General Store. The Pere Marquette rail to trail is a 1/4 mile away for all season hiking, biking or snowmobiling
Legal
T17N R6W SEC 23 . LOT 3 & LOT 2 EXC BEG AT NE COR OF LOT 2 TH S00 DEG 27'06''E ALG LOT L OF LOT 2 BLK 10 157.44 FT FOR POB TH S 10.50 FT TH N79 DEG 44'35''W 53.09 FT TH NO DEG 16'E 80.26 FT TH S 33 DEG 15'34''E 94.73 FT TO POB IN INTER LAKE RESORT FROM 010-02

Water Type

Lake
Yes

Water Fea. Amenities

All Sports
Yes
Dock
Yes
Private Frontage
Yes

Lot Description

Cul-De-Sac
Yes
Level
Yes

Street Type

Unpaved
Yes

Util Avail at Street

Cable Available
Yes
Electricity Available
Yes
High Speed Internet
Yes
Natural Gas Available
Yes
Phone Available
Yes

Utilities Attached

Natural Gas Connected
Yes

Sewer

Septic Tank
Yes

Water

Well
Yes

Terms Available

Cash
Yes
Conventional
Yes

Laundry Features

None
Yes

Exterior Material

Aluminum Siding
Yes
Wood Siding
Yes

Roofing

Asphalt
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Heat Type

Forced Air
Yes

Air Conditioning

Central Air
Yes

Accessibility Feat

Covered Entrance
Yes
No Step Entrance
Yes
Ramped Entrance
Yes

Lower Rooms

Lower Finished SQFT
0
Total Lower SQFT
0

Driveway

Unpaved
Yes

Substructure

Crawl Space
Yes
Slab
Yes

Kitchen Features

Eating Area
Yes

Fireplace

Living Room
Yes

Appliances

Microwave
Yes
Oven
Yes
Range
Yes
Refrigerator
Yes

Water Heater

Natural Gas
Yes

Patio and Porch Features

Deck
Yes

Flooring

Carpet
Yes
Laminate
Yes
Linoleum
Yes

Architectural Style

Cabin
Yes

Possession

Close Of Escrow
Yes

Property Features

Water Type: Lake Accessibility Feat: Covered Entrance; No Step Entrance; Ramped Entrance Laundry Features: None Exterior Material: Aluminum Siding; Wood Siding Roofing: Asphalt Substructure: Crawl Space; Slab Lot Description: Cul-De-Sac; Level Sewer: Septic Tank Water: Well Utilities Attached: Natural Gas Connected Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available Kitchen Features: Eating Area Fireplace: Living Room Appliances: Microwave; Oven; Range; Refrigerator Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Water Heater: Natural Gas Flooring: Carpet; Laminate; Linoleum Patio and Porch Features: Deck Architectural Style: Cabin Driveway: Unpaved Street Type: Unpaved Terms Available: Cash; Conventional Possession: Close Of Escrow Sale Conditions: None
IDX
Listing Office: Century 21 Signature Realty
Listing Agent: Anita Boven
Source MLS Verified
Last Updated: August - 01 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. 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.