OFF MARKET

Off Market Jun 2024 for $260K

$301,078

•

1,040

sq ft

296 Island Lake Rd, Chelsea, MI 48118

About this home

Escape to tranquility with this delightful two-bedroom, one-bathroom ranch nestled on the shores of serene Island Lake in Chelsea. Perfectly situated on a peaceful, private, no-wake lake, this home offers a rare opportunity to enjoy waterfront living at its finest. Featuring a newer roof and furnace, as well as a brand-new driveway, this well-maintained property promises comfort and convenience. The open layout creates a warm and inviting atmosphere, with stunning lake views. You will enjoy unwinding in the tranquil surroundings, this is the ultimate retreat for outdoor enthusiasts and nature lovers alike. Conveniently located just minutes away from downtown Chelsea and downtown Ann Arbor! Don't miss out on this rare opportunity to own a piece of lakeside paradise.

Single-familyProperty Type

1980Year Built

8,276 sq ftLot Size

$289Est. Price/Sq.Ft.

Listed by William Link • Key Realty One LLC

Bought with William Link • Key Realty One LLC

Redfin checked: 2 minutes ago

•Source:SW Michigan MLS #24018691

Redfin Estimate

$301,078

$41K since sold in June 2024$3,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 34.5% lower than the average sale price ($459K) of 6 comparable homes.

SOLD JUL 30, 2026
$394,000
A
3 beds2 baths1,248 sq ft
19820 Ivey Rd, Chelsea, MI 48118
SOLD JUN 23, 2026
$320,000
B
2 beds1 bath1,040 sq ft
8700 Hillsdale Dr, Gregory, MI 48137 9658
SOLD JUL 28, 2026
$320,000
C
3 beds1 bath1,056 sq ft
11459 Patterson Lake Dr, Pinckney, MI 48169 9748
SOLD AUG 21, 2026
$950,000
D
2 beds2 baths1,792 sq ft
7816 Stonehedge Valley Dr, Gregory, MI 48137
SOLD JUL 10, 2026
$467,000
E
2 beds1 bath1,130 sq ft
7275 Webbs Lndg, Gregory, MI 48137
SOLD JUL 10, 2026
$305,500
F
3 beds1 bath1,344 sq ft
13760 N Territorial Rd, Gregory, MI 48137

Claim this home to receive a free report every month with insights on the changing estimate.

Market trends in 48118, MI

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.1%

0.1% MoM

Median sale price

$458K

$102 MoM

Avg. days on market

35d

1 days MoM

Recently sold homes

7 MoM

New listings for sale

$480,000
4 beds2.5 baths3,248 sq ft
1151 Gene Dr, Chelsea, MI 48118 1624
(734) 284-5400
$445,000
3 beds2.5 baths1,780 sq ft
880 Machnik Dr, Chelsea, MI 48118
$450,000
3 beds2 baths3,206 sq ft
745 N Freer Rd, Chelsea, MI 48118 1103
(734) 506-8986
$465,000
5 beds2 baths2,800 sq ft
15395 Osius Rd, Chelsea, MI 48118 9492
(810) 224-7900
$525,000
4 beds2 baths2,428 sq ft
123 S Freer Rd, Chelsea, MI 48118
$475,000
4 beds2.5 baths2,262 sq ft
1452 Carston Ln, Chelsea, MI 48118
$289,900
2 beds1.5 baths1,964 sq ft
908 Moore Dr, Chelsea, MI 48118
See all

Provided by Redfin

Sale history for 296 Island Lake Rd

Date

Event

Price

Public Records

Aug 6, 2024

Sold

$260,000

$250/sq ft

SW Michigan MLS #24018691

Jun 28, 2024

Sold

$260,000

$250/sq ft

Jun 11, 2024

Pending

—

May 19, 2024

Contingent

—

Apr 19, 2024

Listed

$304,900

$293/sq ft

MiRealSource-MiMLS #70401148

Jun 28, 2024

Sold

$260,000

$250/sq ft

Jun 11, 2024

Pending

—

May 19, 2024

Contingent

—

Apr 19, 2024

Listed

$304,900

$293/sq ft

AAMLS #3216227

Oct 31, 2013

Sold

$173,000

$166/sq ft

Oct 30, 2013

Delisted

—

Sep 4, 2013

Listed

$175,000

$168/sq ft

+28

Public Remarks

Brick ranch on Island Lake! First floor master with spacious bath including spa tub & main floor laundry. Separate entryway leads to the nicely updated kitchen with granite counter top, snack bar and all new appliances. Open living area, with separate eating area and cozy wood fireplace for the chilly days and doorwall out to deck overlooking the dock to enjoy the water in the Michigan summers.

MiRealSource-MiMLS #20372708

Oct 31, 2013

Sold

$173,000

$166/sq ft

Oct 30, 2013

Listing Removed

—

Sep 4, 2013

Listed

$175,000

$168/sq ft

SW Michigan MLS #23058410

Oct 31, 2013

Sold

$173,000

$166/sq ft

Sep 4, 2013

Listed

$175,000

$168/sq ft

Tax history for 296 Island Lake Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

—

Stories

—

Lot width

53 ft.

Lot depth

159 ft.

Lot size

2,178 Sq. Ft.

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Vacant Land

County

Washtenaw County

APN

E -05-23-152-020

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 24, 2026.

Property details

Interior

Bathroom Information
# of Full Bathrooms: 1

Heating & Cooling
Has Heating
Cooling: Wall Unit(s)
Has Cooling
Heating: Forced Air

Interior Features
Interior Features: Eat-in Kitchen
# of Rooms Total: 6
Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
Has Fireplace
Window Features: Screens, Insulated Windows

Room Information
Basement: Partial

Room 1 Information
Room Width: 8.25
Room Type: Kitchen
Room Length: 12.17

Room 2 Information
Room Length: 16.17
Room Width: 18.75
Room Type: Living Room

Room 3 Information
Room Width: 10.67
Room Type: Primary Bedroom
Room Length: 10.83

Room 4 Information
Room Width: 8.08
Room Length: 15.25
Room Type: Primary Bathroom

Room 5 Information
Room Length: 10.33
Room Type: Bonus Room
Room Width: 9.42

Room 6 Information
Room Type: Bedroom 2
Room Length: 10.9
Room Width: 8.17

Exterior

Building Information
Architectural Style: Ranch
Building Area Total: 1,040
Construction Materials: Brick, Wood Siding

Exterior Features
Year Built: 1980
Roof: Rubber

Lot Information
Lot Features: Wooded
Lot Size Acres: 0.19
Lot Size Area: 0.19
Lot Size Units: Acres
Other Structures: Shed(s)
Is Waterfront
Water Body Name: Island Lake

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Water Source: Well
Living Area: 1040.0

Financial

Tax Information
Tax Year: 2023
Tax Annual Amount: $6,285
Tax Assessed Value: $94,578

Utilities

Other Utilities Information
Electric Water Heater

Utility Information
Utilities: Natural Gas Connected

Location

School Information
High School District: Chelsea

Location Information
Directions: North Territorial, south on Island Lake Road

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 2,178 square feet
Style: Vacant Land
Year Built: —
Year Renovated: —
County: Washtenaw County
APN: E -05-23-152-020

Home facts updated by county records on Aug 24, 2026

Around this home

Schools

North Creek Elementary School

Public PreK-2 • Assigned • 3.8mi

Beach Middle School

Public 6-8 • Assigned • 4.5mi

10/10

Chelsea High School

Public 9-12 • Assigned • 5.0mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

2/10 Heat Factor

7 days above 96° expected this year, 16 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Chelsea, MI • 48118

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.8 hours in June and 2.7 hours in December, placing it below the U.S. average for solar exposure.

9.8 hrs

2.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$287,000 – $347,000

Sell confidently with a local market expert in Chelsea. 3 minutes to get started.

Nearby similar homes

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NEW CONSTRUCTION

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New listings for sale in 48118 1624

$480,000

4 beds2.5 baths3,248 sq ft

1151 Gene Dr, Chelsea, MI 48118 1624

(734) 284-5400

$445,000

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880 Machnik Dr, Chelsea, MI 48118

$450,000

3 beds2 baths3,206 sq ft

745 N Freer Rd, Chelsea, MI 48118 1103

(734) 506-8986

$465,000

5 beds2 baths2,800 sq ft

15395 Osius Rd, Chelsea, MI 48118 9492

(810) 224-7900

$525,000

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123 S Freer Rd, Chelsea, MI 48118

$475,000

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Home values near 296 Island Lake Rd

Data from public records.

Address	Redfin Estimate
200 Island Lake Road, Chelsea, MI 2 Beds \| 1 Baths \| 1552 Sq. Ft.	$438,284
300 Island Lake Road, Chelsea, MI 4 Beds \| 3.5 Baths \| 2400 Sq. Ft.	$640,914

Address	Redfin Estimate
326 Island Lake Road, Chelsea, MI 3 Beds \| 2 Baths \| 1690 Sq. Ft.	$334,116
190 Island Lake Road, Chelsea, MI 3 Beds \| 2 Baths \| 2355 Sq. Ft.	$561,633

Address	Redfin Estimate
150 Island Lake Road, Chelsea, MI 2 Beds \| 1 Baths \| 811 Sq. Ft.	$302,561
298 Island Lake Road, Chelsea, MI 3 Beds \| - Baths \| 1878 Sq. Ft.	$200,963

Property information provided by SW Michigan MLS when last listed in 2024. This data may not match . Learn more.

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