5196 Klam Road, Marathon Township, MI 48421
Price cut $55,100 since it was listed at $655,000
Est. $4,243/mo with current taxes · · See the breakdown
About this home
This price improvement leaves you with over $50,000 in equity at closing!!! Use the equity to go towards your down payment or closing costs and pay little out of pocket at closing. House appraised at $650,000 in winter of 2024. Call for assistance in structuring your offer! Welcome to your own private retreat where craftsmanship, design, and breathtaking surroundings come together beautifully. Completed in 2025, this custom-built home sits on just over 24 acres that back directly to state land, offering privacy and endless opportunities for hunting, hiking, and outdoor recreation. Whether you're looking for a peaceful country estate or the ultimate sportsman's paradise, this property delivers. From the steel siding, Pella windows, Trex decking, and solid maple cabinetry throughout, to the 24kW Generac whole-house generator, every detail reflects quality and durability. Conveniences include Cat 6 wiring throughout, propane heat, a tankless water heater, and all kitchen and laundry appliances are included, making this home truly move-in ready. The large basement offers potential for future living space with 10-foot ceilings, daylight windows, and plumbing already in place for a full bathroom and kitchen. Built with Superior Walls®, the foundation features built-in insulation for energy efficiency while providing moisture and mold resistance for added peace of mind. Outside, you'll find an oversized attached garage with abundant storage, plus a heated bonus space, originally designed as an additional garage stall. Two additional outbuildings—a detached 2-car garage and an estimated 24' x 32' pole barn with electricity (buyer to verify dimensions)—provide ample room for vehicles, equipment, recreational toys, hobbies, or livestock. No expense was spared during construction, including installing an enhanced drainage system around the home to help ensure a dry basement, even during the wettest seasons. This is a rare opportunity to own a nearly new custom home on an extraordinary parcel of land where luxu
Monthly payment
The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then.The uncapped tax line is this home's bill after it uncaps: half the price times 23.34 mills, the 2025 homestead rate here. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.
The facts
| Price | $599,900 |
| Original price | $655,000 |
| Price cut | −$55,100 |
| Beds | 3 |
| Baths | 2 full, 1 half |
| Square feet | 1,700 |
| Type | Single family residence |
| Subdivision | — |
| County | Lapeer |
| MLS # | 20261056045 |
| Listed | 2026-07-26 |
| Days on market | 100 |
| Year built | 2025 |
| Possession | 31–60 days after closing |
| Stories | 1 story |
| Basement | Full, Unfinished |
| Heating | Forced air, Propane |
| Foundation | Basement, Insulated concrete forms |
| Garage spaces | 2.0 |
| Water / Sewer | Well / Septic |
| Parcel number | 01302302101 |
| Listing office | Brookstone, Realtors LLC |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $219,194 | about $299,950 |
| Yearly property tax | $4,600 | about $7,000 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $2,400 a year more than this seller pays. The assessor's state equalized value (SEV) is $324,000. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Marathon Township's 2025 homestead rate of 23.34 mills and assumes you claim the homestead exemption. See Marathon Township's full tax breakdown or run the uncapping calculator.
Location
IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-11-03T10:57+00:00; refreshed at least twice daily.