Very nice year round home or a seasonal cottage with water views of Chief Lake. Ranch style home, 3 bedrooms, 2 Baths with large family room and living room. 2 car attached garage along with a large sun room off the rear of the house with country views. Master Bedroom has a private Master Bath. Exterior finish has field stone from a 1873 barn to accent the full cedar siding. Home is located on the south side of Chief Lake with lake access within walking distance. This is a must see because you will love it.
Single-familyProperty Type
1974Year Built
0.42 acresLot Size
$150Est. Price/Sq.Ft.
2 car garageParking
Listed by John Judge• Coldwell Banker Professionals
Bought with John Judge• Coldwell Banker Professionals
Claim this home to receive a free report every month with insights on the changing estimate.
Earn from this home
Refinance
$0
Est. cash available
Get cash now or lower your monthly rate
Rent
$2,260/mo
Redfin rental estimate
List your home for rent
Market trends in 49645, MI
Last updated July 2026
Buyer's Market
Seller's Market
Buyer's market
Sale-to-List Price
92.3%
0.6% MoM
Median sale price
$277K
$22K MoM
Avg. days on market
103d
47 days MoM
Recently sold homes
4
1 MoM
Provided by Redfin
Sale history for 8531 Lyman Rd
Date
Event
Price
SW Michigan MLS #20008662
Oct 1, 2020
Sold
$164,900
$79/sq ft
Mar 6, 2020
Listed
$164,900
$79/sq ft
MiRealSource-MiMLS #70128519
Oct 1, 2020
Sold
$164,900
$79/sq ft
Oct 1, 2020
Sold
$164,900
$79/sq ft
Mar 6, 2020
Listed
$164,900
$79/sq ft
Mar 6, 2020
Listed
$164,900
$79/sq ft
Very nice year round home or a seasonal cottage with water views of Chief Lake. Ranch style home, 3 bedrooms, 2 Baths with large family room and living room. 2 car attached garage along with a large sun room off the rear of the house with country views. Master Bedroom has a private Master Bath. Exterior finish has field stone from a 1873 barn to accent the full cedar siding. Home is located on the south side of Chief Lake with lake access within walking distance. This is a must see because you will love it.
REALCOMP #67020008662
Oct 1, 2020
Sold
$164,900
$79/sq ft
Mar 6, 2020
Listed
$164,900
$79/sq ft
Greater Lansing AoR #1189574
Apr 29, 2020
Listing Removed
—
Apr 29, 2020
Listing Removed
—
Apr 29, 2019
Listed
$169,900
$81/sq ft
REALCOMP #78001189574
Apr 29, 2020
Listing Removed
—
Apr 29, 2019
Listed
$169,900
$81/sq ft
SW Michigan MLS #19018832
Dec 10, 2019
Listing Removed
—
Apr 29, 2019
Listed
$169,900
$81/sq ft
Greater Lansing AoR #70059861
Dec 10, 2019
Listing Removed
—
Dec 10, 2019
Listing Removed
—
Apr 29, 2019
Listed
$169,900
$81/sq ft
REALCOMP #67019018832
Dec 10, 2019
Listing Removed
—
Apr 29, 2019
Listed
$169,900
$81/sq ft
REALCOMP #67013041860
Jan 15, 2014
Listing Removed
—
Jul 17, 2013
Listed
$145,000
$69/sq ft
SW Michigan MLS #13028393
Jul 10, 2013
Listing Removed
—
May 19, 2013
Listed
$155,000
$74/sq ft
REALCOMP #67013028393
Jul 10, 2013
Listing Removed
—
May 19, 2013
Listed
$155,000
$74/sq ft
SW Michigan MLS #146163
Sep 19, 2008
Sold
$120,000
$57/sq ft
Jun 1, 2006
Listed
$135,000
$65/sq ft
REALCOMP #67000146163
Sep 19, 2008
Sold
$120,000
$57/sq ft
Jun 1, 2006
Listed
$135,000
$65/sq ft
REALCOMP #67000141441
May 31, 2006
Listing Removed
—
May 31, 2005
Listed
$180,000
$86/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,909 (−29.4%)
2024
$2,706 (+9.6%)
2023
$2,469 (+4.4%)
2022
$2,365 (+5.5%)
2021
$2,242 (−23.6%)
2020
$2,933 (+1.3%)
2019
$2,896 (+1.9%)
2018
$2,842 (+1.9%)
2017
$2,790 (+3.1%)
2016
$2,705 (+27.2%)
2015
$2,127 (+0.9%)
2014
$2,107 (+2.0%)
2013
$2,065
Tax history for 8531 Lyman Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,909 (−29.4%)
2024
$2,706 (+9.6%)
2023
$2,469 (+4.4%)
2022
$2,365 (+5.5%)
2021
$2,242 (−23.6%)
2020
$2,933 (+1.3%)
2019
$2,896 (+1.9%)
2018
$2,842 (+1.9%)
2017
$2,790 (+3.1%)
2016
$2,705 (+27.2%)
2015
$2,127 (+0.9%)
2014
$2,107 (+2.0%)
2013
$2,065
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.