8143 & 8131 Drake Lane, Williamsburg, MI 49690
N/A · Grand Traverse County
Key Facts
Description
Experience an extraordinary waterfront estate on beautiful Elk Lake, where luxury, recreation, and timeless craftsmanship come together in one truly remarkable offering. Set on nearly 3 acres, this fully furnished retreat features a stunning 4-bedroom, 3-bath main residence and an equally impressive 1-bedroom, 1-bath guest house with a spacious loft currently configured as a non-conforming bedroom—ideal for hosting family and friends. Both homes showcase beautiful stone fireplaces, beautifully updated kitchens and baths with granite countertops, and quality finishes throughout. The main home offers dual laundry area and a spacious game room designed for year-round entertainment, while the guest house includes its own laundry and an attached one-car garage for added comfort and privacy. Step outside and embrace the coveted Elk Lake lifestyle with a private dock, sand volleyball court, and an expansive garage with a dedicated storage room for all your recreational equipment and seasonal toys. End each day with breathtaking west-facing sunsets reflecting across the crystal-clear waters of Elk Lake—one of Northern Michigan's most cherished waterfront experiences—creating a spectacular backdrop for unforgettable evenings with family and friends. Whether you're gathering generations of family, entertaining guests, or simply enjoying the serenity of Northern Michigan, this exceptional estate delivers a rare blend of luxury, comfort, and waterfront living on one of the region's most sought-after lakes—an opportunity that is seldom available and truly difficult to replicate.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1971
Stories
1
Living Area
3,440 sq ft
Lot Size
2.93 acres
Lot Dimensions
139x683
Garage Spaces
2
Days on Market
3
MLS® Listing#
1947939
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Fireplace
Basement
Parking
Laundry
Patio
Lot Features
Construction
Roof
Windows
Security
Other Structures
Community
Utilities
Sewer
Water Source
Financial Details
HOA
Yes
Assessed Value
$574,000
Parcel Number
13-123-028-00
Directions
From M72, turn north onto Skegemog Point Road and then turn left or west on Drake Lane, follow Drake Lane to the end
Affordability Calculator
$640,000
Estimated monthly payment
$17,032/mo
Principal $2,560,000 · Est. interest $3,571,428 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Williamsburg, MI
- $888,889
- Median Listing Price
- 48
- Median Days on Market
- 2,869
- Median Sq Ft
- $340
- Median Price / Sq Ft
- 62
- Active Listings
- This home’s price is 260% above the area median.
- Its price per sq ft is 174% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Williamsburg, MI.
Location
- 8143 & 8131 Drake Lane, Williamsburg, MI 49690
Getting Around
Points of Interest in Williamsburg, MI
Showing the Williamsburg area map.
Nearby Schools
Elk Rapids Schools
Elementary · 2.6 mi away
Rapid City Elementary School
Elementary · 4.4 mi away
Elk Rapids High School
Secondary · 6.4 mi away
Cherryland Middle School
Secondary · 6.5 mi away
Elk Rapids Public School
Secondary · 6.5 mi away
Elk Rapids Schools
Elementary · 6.7 mi away
Woodland School
Elementary · 8.4 mi away
Traverse Bay Christian School
School · 9.2 mi away
Kalkaska Middle School
Secondary · 9.2 mi away
Old Mission Peninsula School
Elementary · 9.3 mi away
Birch Street Elementary School
Elementary · 9.7 mi away
Kalkaska High School
Secondary · 9.8 mi away
Kalkaska Public Schools
School · 10.0 mi away
Courtade Elementary School
Elementary · 10.1 mi away
Northside Education Center
School · 10.5 mi away
TC Adventist School
School · 10.6 mi away
Kitchi Minogining Tribal School
School · 10.6 mi away
Traverse City High School
Secondary · 10.6 mi away
North Ed Career Tech
Secondary · 10.8 mi away
Traverse Bay Area Intermediate School
School · 10.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 9276 Elk Lake Trail, Williamsburg, MI | $2,495,000 | 4 | 3 | 3,589 |
| 7777 Turnberry Circle, Williamsburg, MI | $2,500,000 | 4 | 4 | 5,360 |
| 8431 Drake Lane, Williamsburg, MI | $2,695,000 | 4 | 4 | 3,340 |
| 4173 Dornoch Court, Williamsburg, MI | $2,999,000 | 6 | 4 | 10,388 |
| 8062 Sayler Road, Williamsburg, MI | $3,200,000 | 7 | 4 | 5,222 |
| 4162 Dornoch Court, Williamsburg, MI | $3,200,000 | 5 | 5 | 4,336 |
Moving Cost Estimate
EXIT Agents in Williamsburg
Listing Courtesy: REO-TCRandolph-233022 - Cell: 231-218-6667