4474 Five Lakes Road, North Branch Township, MI 48461
Price cut $35,499 since it was listed at $595,499
Est. $3,786/mo with current taxes · · See the breakdown
About this home
Pure Michigan at a price you can't ignore. Set tranquilly within 12.25 acres of a beautifully wooded sanctuary, you can feel this home is unique the moment you're on the driveway. Walking through your front door, you're immediately greeted with soaring vaulted ceilings throughout the main floor and a central stone mantle ties together an open family room, well equipped eat-in kitchen, and vaulted formal dining room set against a dramatic Palladian style window arrangement flooding the space with natural light and scenic wooded views. Just off the formal dining area sits your four seasons room where every wall provides a picture-perfect view. Making your way upstairs, you'll find a cozy office/library that connects your primary bedroom and over 1,000 sq.ft of newly finished living space providing additional bedrooms that can easily be converted to a primary suite, media room, and option for an additional full bath. Your three-car, oversized, finished garage is equipped with a workspace and offers ample space for all your needs. For the wildlife enthusiast and hunters, this property has an enclosed, wood framed and elevated blind and has been successfully and responsibly hunted. Featuring a new roof in 2023, new heating and cooling 2024, above ground pool and deck 2024, first-floor laundry and much more, this home has been lovingly cared for and defines true Michigan lifestyle. Motivated sellers willing to provide concessions!
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 27.63 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 | $560,000 |
| Original price | $595,499 |
| Price cut | −$35,499 |
| Beds | 4 |
| Baths | 1 full, 2 half |
| Square feet | 4,115 |
| Type | Single family residence |
| Subdivision | — |
| County | Lapeer |
| MLS # | 20261063237 |
| Listed | 2026-08-12 |
| Days on market | 82 |
| Year built | 1980 |
| Possession | 31–60 days after closing |
| Stories | 1.5 stories |
| Basement | Partially finished |
| Heating | Forced air, Propane, Wood |
| Foundation | Basement, Block, Crawl space |
| Garage spaces | 3.0 |
| Water / Sewer | Well / Septic |
| Fireplace | Yes |
| Pool | Above-ground |
| Parcel number | 01603102000 |
| Listing office | House Of May |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $208,300 | about $280,000 |
| Yearly property tax | $2,031 | about $7,737 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $5,706 a year more than this seller pays. The assessor's state equalized value (SEV) is $216,800. 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 North Branch Township's 2025 homestead rate of 27.63 mills and assumes you claim the homestead exemption. See North Branch 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 2026-11-02T23:11+00:00; refreshed at least twice daily.