Land with Home for Sale in Iron River, Michigan
195 Homan Lake Rd, Iron River, MI 49935
Move-in ready and waiting for you, this executive home on 10 acres is situated on the private, serene Homan Lake in Iron County, Michigan. The moment you arrive, you'll never want to leave. The property is beautifully landscaped, with recently epoxied garage floors and freshly stained buildings. Step inside to discover engineered elm floors with in-floor heating, extending even to the attached garage. The open-concept layout features a chef's kitchen with soapstone countertops, Alder wood cabinets, and vaulted ceilings that flood the space with natural light. Entertain guests in the dining area, complete with a freestanding Woodstock Soapstone fireplace, or relax in the all-season sunroom, which boasts a built-in grill, hood, and stunning lake views. The living room offers another cozy retreat with a handpicked Montana stone fireplace. The main home includes four bedrooms and 2.5 baths, with a master bath shared by two bedrooms, featuring a tiled steam shower, soaking tub, and double sinks. Upstairs, includes 2 more bedrooms and a bath with a balcony with views of the outdoors and lake. Main-floor living is made easy with a laundry room attached to the garage and plenty of storage throughout the property Additional living quarters above the attached garage provide a bedroom, bath for overflow of guests. The 1590+ sq ft guest house adds even more versatility with one bedroom, one bath, a sauna, kitchen, living area, and a family entertaining space. Outside, a retractable electric/remote awning provides shade on hot days, while wood soffits and gutters add to the home's charm. The extra detached garage includes upstairs storage accessible by stairs. The waterfront features a beautiful landscaped firepit area and a 72-foot aluminum dock, making it easy to enjoy the tranquil beauty of Homan Lake, which has a max depth of 37 feet. This private lake setting offers the peacefulness of the Northwoods while still being close to other rivers, lakes, and streams. Most furnishings and all appliances in both the main house and guest house are included, and both homes are equipped with security systems for added peace of mind. Located on a private road, this property is a true retreat, ready for you to move in and enjoy.
Location
- Street address
- 195 Homan Lake Rd
- County
- Iron County
- School district
- West Iron County School District
- Elevation
- 1,680 feet
Property details
- Acreage
- 10.29 acres
- Zoning
- Residential
- MLS #
- UPAR 50154234
- Posted
Details and features
Listing
- Type
- Residential
- Franchise
- Keller Williams Realty
Lot
- Waterfront
- Yes
- Features
- Deep Lot-150+ Ft., Large Lot-65+ Ft., Rural, Treed, Wooded
Exterior
- Parking
- Garage
- Pool
- Deck, Patio
- Features
- Sidewalks
Structure
- Style
- Conventional
- Stories
- 2
- Water
- Private
- Heating
- Forced Air, Radiant, Radiant Floor
Interior
- Rooms
- Bathroom x 4, Bedroom x 5, Bonus Room, Laundry Room
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
- Security
- Security System
- Features
- 9 ft+ Ceilings, Cathedral/Vaulted Ceiling, Ceramic Floors, Furnished, Hardwood Floors, Interior Balcony, Spa/Jetted Tub, Spa/Sauna, Walk-In Closet
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 1, 2026 | Under contract | $1,950,000 | — | UPAR |
| Oct 31, 2025 | Back on market | $1,950,000 | — | UPAR |
| Sept 16, 2025 | Under contract | $1,875,000 | — | UPAR |
| Sept 3, 2025 | Relisted | $1,875,000 | — | UPAR |
| Aug 31, 2025 | Listing removed | $1,875,000 | — | Listing agent |
| Aug 10, 2025 | Under contract | $1,875,000 | — | UPAR |
| Apr 21, 2025 | Price drop | $1,875,000 | $320,000 -14.6% | UPAR |
| Nov 12, 2024 | New listing | $2,195,000 | — | UPAR |