tomo logo

$899,900

Beds
5
Baths
4.5
sq ft
6,887

55755 Davis Ln, Dowagiac, MI 49047

55755 Davis Ln

DowagiacCity_Cass, MI 49047

    Welcome to waterfront luxury living at its finest! Nestled on the serene shores of The Mill Pond, a tranquil no-wake lake. This custom-built masterpiece boasts unparalleled views and endless opportunities for leisure. Step inside this impeccable 5-bedroom, 4.5-bathroom traditional home and be greeted by an elegant open foyer with a beautiful staircase, complemented by custom-milled red elm floors and trim throughout. Every corner exudes meticulous attention to detail, offering a seamless blend of elegance and functionality. Experience the joy of abundant storage space alongside breathtaking lake vistas, inviting the outdoors in. The fully finished lower level beckons relaxation with a stone-faced fireplace, recreational area, and convenient walk-out access to the scenic surroundings.Entertain effortlessly on the paver patio adorned with a cozy fire pit and ample seating, while the upper deck, boasting custom railings, provides the perfect setting for gatherings overlooking the tranquil waters. A spacious 3-car garage awaits, complete with additional living space above, ensuring both comfort and convenience for you and your guests. Embrace sustainable living with geothermal heating/cooling and the peace of mind provided by a generator, among the many premium upgrades this home offers. Don't miss the chance to indulge in the ultimate lakefront lifestyle, surrounded by wooded bliss, where every day feels like a retreat. Come discover the epitome of luxury living by the lake - schedule your viewing today!

    Details

    Property type

    Single Family Residence

    Est. home value

    $883,710

    Lot size

    0.53 acres

    Price per sq ft

    $131

    Year built

    2001

    Annual property taxes

    $4,751

    Price History

    01/15/2025
    Realcomp

    Realcomp #69025001719

    Listed
    $899,900
    12/06/2024
    Realcomp

    Realcomp #69024015797

    Removed
    $899,900
    07/25/2024
    Realcomp

    Realcomp #69024015797

    Price change
    $899,900
    -4.27%

    Schools & Community

    Elementary school: 

    Unknown

    Middle school: 

    Unknown

    High school: 

    Unknown

    High school district: 

    DowagiacUnion

    Negotiation Insights

    Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

    Seller could get up to

    $418,918
    Asking price
    $899,900
    Closing costs (~8% of asking)
    -$71,992
    Est. remaining loan balance
    -$408,990
    Cash to seller
    $418,918

    This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

    Seller’s Loan History

    Lender

    Lake Michigan Cu

    Loan start date

    January 2022

    Original loan amount

    $500,000

    Est. remaining balance

    $408,990

    Interest rate

    2.42%

    Loan type

    New Conventional, 15 year

    Seller

    Justin E Ott and Kimberly J Ott

    Source: Public records data

    If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

    How insights can help you

    Interest rate

    If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

    Motivation

    If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

    Equity

    If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

    Interested in learning more?

    Similar Homes Nearby

    Price drop
    Realcomp
    $689,000
    5 bd
    |
    3.5 ba
    |
    3,200 sq ft
    |
    House

    55050 Gards Prairie Rd, Cassopolis, MI 49031

    Price drop
    Realcomp
    $824,900
    4 bd
    |
    3.5 ba
    |
    4,668 sq ft
    |
    House

    1364 Thomson Rd, Niles, MI 49120

    Price drop
    Realcomp
    $774,900
    3 bd
    |
    2 ba
    |
    1,976 sq ft
    |
    House

    68940 Island Dr, Edwardsburg, MI 49112

    Status: Active

    Tomo last checked: 04/03/2025 at 4:05 AM

    Listing updated: 03/25/2025 at 9:22 AM

    Listed by: Douglas W Birkey, Cressy & Everett Real Estate Phone #: (269) 683-5355

    MLS: Realcomp #69025001719

    Realcomp logo

    Recently listed in DowagiacCity_Cass

    $274,900|3 bd|3.0 ba|Condo
    $269,900|2 bd|2.0 ba|House
    $269,000|5 bd|2.0 ba|House
    $175,000|4 bd|1.5 ba|House
    $329,900|3 bd|1.5 ba|House
    $75,000|3 bd|1.0 ba|House
    $139,900|2 bd|1.0 ba|House
    $200,000|4 bd|2.0 ba|House
    $329,900|3 bd|1.5 ba|House
    $349,900|3 bd|2.5 ba|House