OFF MARKET

Off market oct 2023 for $530K

$754,127

Est. refi paymentEst. refi $3,551/mo

•

2,232

sq ft

218 Elizabeth Ln, Iron River, MI 49935

About this home

New/ under construction full log home on idyllic Homan Lake near Iron River MI. Check out this 2 bedroom, 2 bath gorgeous home resting on 5.28 acres of heavily wooded land with 352 feet of lakefront! What a classic setting for your 'Up North' getaway. The large logs used in this structure are impressive as is the soaring, vaulted great room! The first floor features a master suite with laundry right across the hall. You'll appreciate the great kitchen with quartz countertops and the perfect island for entertaining. There's a cute sunroom off the side of the kitchen dining area that would be perfect place to lose yourself in a good book. The massive loft will easily convert to a bedroom or perhaps a great bunk room for the entire gang. Just a short ride to Iron River MI and priced with consideration that you will want to put some of your own finishing touches on this wonderful lodge.

Single-familyProperty Type

2022Year Built

5.28 acresLot Size

$338Est. Price/Sq.Ft.

Listed by JOHN SARAMA • ELIASON REALTY - LAND O LAKES

Bought with GARY GOSKA • ELIASON REALTY - LAND O LAKES

Redfin checked: a few seconds ago

•Source:GNMLS #202250

Redfin Estimate

$754,127

$224K since sold in October 2023$59K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 53.5% higher than the average sale price ($491K) of 6 comparable homes.

SOLD OCT 9, 2026
$250,000
A
2 beds1.5 baths1,588 sq ft
104 N Hagerman Rd, Iron River, MI 49935
SOLD SEP 22, 2026
$325,000
B
3 beds2.5 baths2,200 sq ft
274 N Angeli Rd, Iron River, MI 49935
SOLD SEP 1, 2026
$675,000
C
2 beds2 baths2,336 sq ft
2970 Kentuck Ln, Eagle River, WI 54521
SOLD JUL 31, 2026
$775,000
D
2 beds2 baths1,360 sq ft
3903 W Tamarack Lake Rd, Watersmeet, MI 49969
SOLD JUL 31, 2026
$775,000
E
2 beds2 baths1,360 sq ft
3903 W Tamarack Rd, Tamarack, MI 49969
SOLD JUL 24, 2026
$147,000
F
2 beds2.5 baths1,220 sq ft
4231 W US 2 Hwy, Iron River, MI 49935

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Earn from this home

Refinance

Est. cash available

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Rent

$2,002/mo

Redfin rental estimate

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Market trends in 49935, MI

Last updated September 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-list price

93.7%

1.3% MoM

Median sale price

$153K

$18K MoM

Avg. days on market

72d

1 days MoM

Recently sold homes

4 MoM

New listings for sale

$149,900
Studio— baths408 sq ft
TBD Winslow Lake Rd, Iron River, MI 49935
(715) 479-3090
$118,900
2 beds1 bath792 sq ft
303 Evergreen St, Iron River, MI 49935
See all

Provided by Redfin

Sale history for 218 Elizabeth Ln

Tax history for 218 Elizabeth Ln

*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

450 ft.

Lot depth

350 ft.

Lot size

5.28 Acres

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

Iron County

APN

004-167-001-07

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 15, 2026.

Property details

Parking

Parking/Garage Information
Parking Features: No Garage

Interior

Bathroom Information
# of Full Bathrooms: 2

Heating & Cooling
Has Heating
Heating: Forced Air, Propane

Interior Features
Interior Features: Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s)
Appliances: Dryer, Dishwasher, Electric Water Heater, Range, Refrigerator, Washer
Flooring: Carpet, Laminate, Tile
Fireplace Features: None

Room Information
Laundry Features: Main Level
Basement Details: Crawl Space

Exterior

Exterior Features
Exterior Features: Dock
Roof: Composition, Shingle

Building Information
Sq. Ft.: 2232
Above Grade Finished Area: 2,232
Construction Materials: Cedar, Log

Property Features
On Waterfront
Waterfront Features: Lake Front
Has View
Other Structures: Outbuilding

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: SingleFamilyResidence

Lot Information
Lot Features: Level, Wooded, Waterfront
Frontage Type: Lakefront
Frontage Length: 352
Water Body Name: HOMAN
Road Surface Type: Unimproved
Road Responsibility: Private Maintained Road
Road Frontage Type: Unimproved, Private Road
Zoning Description: Residential

Utilities

Utility Information
Electric: Circuit Breakers
Sewer: Septic Tank

Location

Location Information
Directions: Hwy 45 North turn East on US 2. go 21 miles turn Rght on Smoky Lake Road. Go 4.4 miles to a Right on Elizabeth Road proceed to #218
Subdivision Name: Homan Lake

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 5.28 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Iron County
APN: 004-167-001-07

Home facts updated by county records on Oct 15, 2026

Around this home

Schools

Stambaugh Elementary School

Public PreK-6 • Assigned • 9.9mi

4/10

West Iron County High School

Public 6-12 • Assigned • 9.9mi

6/10

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

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

1/10 Heat Factor

7 days above 91° expected this year, 12 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Iron River, MI • 49935

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 9.4 hours in June and 3 hours in December, placing it below the U.S. average for solar exposure.

9.4 hrs

3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$717,000 – $868,000

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

Nearby similar homes

$45,000

Studio— baths3,797 sq ft

37 Allen St, Iron River, MI 49935

0.34-acre lot • Full system upgrade • 0.34 acre lot

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2 beds1 bath2,944 sq ft

14 Lawrence St, Caspian, MI 49915

2.27 acre lot • Built 1919 • Listed 37 days

$365,000

3 beds2 baths1,372 sq ft

110 Stanley Lake Dr, Iron River, MI 49935

Suspended dock • Lakeside cottage • Wood stove

(906) 265-6133

$210,000

3 beds1.5 baths1,550 sq ft

123 Brule Village Rd, Iron River, MI 49935

Heavily wooded lot • Views of ski brule • Large lofted bedroom

(855) 450-0442

$234,900

3 beds1 bath1,284 sq ft

178 E Silver Lake Rd, Iron River, MI 49935

Backyard kitchen • Private shoreline • 1.07 acre lot

(906) 265-7325

$118,900

2 beds1 bath792 sq ft

303 Evergreen St, Iron River, MI 49935

Three-season room • Full basement • Detached garage

New listings for sale in 49935

$149,900

Studio— baths408 sq ft

TBD Winslow Lake Rd, Iron River, MI 49935

80 acres • Drilled well • County road access

(715) 479-3090

$118,900

2 beds1 bath792 sq ft

303 Evergreen St, Iron River, MI 49935

Three-season room • Full basement • Detached garage

Home values near 218 Elizabeth Ln

Data from public records.

Address	Redfin Estimate
108 Elizabeth Road, Iron River, MI 4 Beds \| 3.5 Baths \| 1764 Sq. Ft.	$505,865

Address	Redfin Estimate
117 Homan Lake Road, Iron River, MI 2 Beds \| 2.5 Baths \| 3730 Sq. Ft.	$1,304,957

Address	Redfin Estimate
147 Homan Lake Road, Iron River, MI 3 Beds \| 3.5 Baths \| 3104 Sq. Ft.	$2,067,526

Property information provided by GNMLS when last listed in 2023. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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