2875 Bullock RD , Elba Township, MI 48455
Est. $4,868/mo with current taxes · · See the breakdown
About this home
LUXURY LAKEFRONT LIVING ON EXCLUSIVE LAKE LAPEER! Welcome to an extraordinary, fully renovated lakefront retreat on beautiful Lake Lapeer! Situated on an expansive 1-acre lot with an impressive 200 feet of lake frontage, this stunning property combines modern luxury, breathtaking views, and the ultimate waterfront lifestyle. Boasting nearly 3,000 square feet of living space, this home has been beautifully updated inside and out, offering exceptional style, comfort, and functionality throughout. Step inside to discover a spacious, open-concept floor plan featuring brand-new LVP and tile flooring, an entirely updated kitchen, and beautifully renovated living spaces designed for entertaining and everyday enjoyment. With 4 bedrooms, 3 full bathrooms, and a fully finished walkout basement, there is plenty of room to relax, host guests, and take full advantage of everything this remarkable home has to offer. Enjoy your morning coffee or evening sunsets from the back deck overlooking the water, or head downstairs to the stamped concrete patio, where the walkout basement leads you directly toward the shoreline. Outside, the expansive grounds feature immaculate landscaping, an impressive rock wall, a personal dock, and your very own boat hoist—making it easy to spend your days enjoying life on the lake. Additional premium features include central heating and air conditioning, a whole-house generator, brand-new windows, and a spacious attached 2-car garage. From the extensive renovations to the incredible waterfront setting, every detail comes together to create a truly special property. Nearly 3,000 square feet. One full acre. 200 feet of private lake frontage. This is a rare opportunity to experience the best of Lake Lapeer living, with luxury, space, and waterfront enjoyment all in one exceptional home. Don't miss your chance to make this incredible lakefront property your own!
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 28.87 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 | $695,000 |
| Beds | 4 |
| Baths | 3 full |
| Square feet | 2,950 |
| Type | Single family residence |
| Subdivision | — |
| County | Lapeer |
| MLS # | 20261086915 |
| Listed | 2026-10-29 |
| Days on market | 5 |
| Year built | 1972 |
| Possession | At closing |
| Stories | 1 story |
| Basement | Finished, Walkout |
| Heating | Forced air, Natural gas |
| Foundation | Basement, Block |
| Garage spaces | 2.0 |
| Water / Sewer | Well / Septic |
| Waterfront | Lake Lapeer |
| Parcel number | 00803501800 |
| Listing office | Epique Realty |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $225,494 | about $347,500 |
| Yearly property tax | $5,036 | about $10,033 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $4,997 a year more than this seller pays. The assessor's state equalized value (SEV) is $345,000. 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 Elba Township's 2025 homestead rate of 28.87 mills and assumes you claim the homestead exemption. See Elba 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.