Elk Rapids

Elk Rapids, Michigan, is a wonderfully charming community. The town is situated in the southwest region of Antrim County, approximately 15 miles to the north of Traverse City. 

This page gives a very detailed overview of the homes, condominiums, land, and commercial property for sale in Elk Rapids, Michigan.

Real Estate Statistics

Average Price $301K
Lowest Price $50K
Highest Price $1.4M
Total Listings 24
Avg. Days On Market 251
Avg. Price/SQFT $241

Property Types (active listings)


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Check out this video for a look at the Elk Rapids community, or click here to learn more about Elk Rapids, Michigan real estate for Sale

Elk Rapids Homes for Sale

Elk Rapids, Michigan, is a captivating community. It is a hamlet with a distinct charm and vibe. The village is situated in the southwest region of Antrim County, approximately 15 miles to the north of Traverse City. Its positioning is between Elk Lake and East Grand Traverse Bay. The region is as secure as Michigan's median and safer than the national median when only the crime rate is considered.

All amenities are within walking distance in this one-square-mile community, including small stores, public beaches, a modern marina – a delight for boaters sailing the waters of Grand Traverse Bay and Lake Michigan, as well as distinctive eateries.

Living in Elk Rapids provides inhabitants with a sparse suburban atmosphere, with the majority of the locals owning their houses. Residents are conservative, and the area is home to plentiful retirees. The public schools in the area are highly rated. Elk Rapids is undoubtedly one of the most fantastic locations to reside in Michigan.

Home Sales Prices in Elk Rapids

No matter your budget, this lovely location has something suitable for a range of financial capabilities. Whether you are looking for something humble and modest or more extravagant and luxurious, you are bound to find a home that suits your real estate palate. There are approximately forty properties listed for sale in the region. The average listing price is $299,900. No matter your preference, be it traditional or contemporary, you will easily find something that suits you.

Residential properties in Elk Rapids mainly range between townhomes, apartments, and condos. Most of these properties boast attractive and thoughtfully orchestrated fixtures. You'll find lovely beach resort condos for sale, splendid waterfront homes, and simple properties. No matter your taste, preference, and individuality, you are bound to find a house that will make you unquestionably content at a cost that won't damage your finances too much.

Consider settling for a six-bedroom bungalow with five bathrooms on 4,520 square feet sitting on a 0.43-acre lot for only $549,900. Or something more petite like a two-bedroom bungalow with two bathrooms on 1,317 square feet for a minimal $349,900. Perhaps you have your dream home in mind, right down to the plan drawings, and all you seek is a vast piece of land. Elk Rapids offers you a range of options. From a 2.9-acre lot in the range of $69,000 to an 8,712 square foot coverage for an affordable $49,900 plus other sizes and prices in between.

Like is the case with real estate all around, location and accessibility to amenities determine the pricing. For instance, with $1,395,000, you can get a lovely beach property surrounded by trees and nature's delights on a 0.69-acre lot. This amount would give you access to a three-bedroom property with 2.5 bathrooms covering 2,711 square feet. You might notice the variation in vacant land based on location. For instance, $189.900 can give you access to an 8,712 square foot lot on an ideal site for a holiday or retirement home surrounded by breathtaking scenery.

Finding a prime property with lots of vacant lands for you to develop and use as you deem suitable is a walk in the park in Elk Rapids. You may want to consider a strategically built house covering 2,265 square feet, providing you with three bedrooms and two bathrooms on a 4.47-acre lot for a reasonable $1,996,000. If you think this is pricy, wait until you see the property you are investing in – you'll find it worth every penny.

A 3.5 percent down payment is required to purchase a home in this area and a credit score of 620 or higher to qualify for an Elk Rapids FHA mortgage. While several low-slung down-payment mortgage options are available, finding sellers who would take such loans might be difficult.

Still, there are real estate markets where buyers may put down much less. A large down payment will likely make your offer stand out in competitive marketplaces. Sellers prefer them because they are more likely to close.

Elk Rapids Community Highlights

What's it like to live in Elk Rapids? This is a question many people ask themselves before considering relocating. You will likely be factored in a school overview if you have children or are planning to have some time in the future, so home sales prices are not the only determinant.

Before making a final decision to relocate, you may want to consider what the community is like and whether it is one you would love to be a part of. Different areas have varying cultures, and becoming a part of one whose values align with yours will make all the difference in ensuring you enjoy your new home and residency.

Impeccability Combined

The villages' admirable location with lots of water surrounding plentiful properties makes the destination an incredible, calm place where you will most probably enjoy what Elk Rapids real estate has to offer. You'll be spoilt for choice with all the magnificent choices available.

Whether you seek an apartment, a condo, a private upper-level loft, or a spacious home, Elk Rapids is the place to search. You'll find homes with the latest technological features or older designs that preserve a cultural feel to your home. Expansive gardens, immaculate landscapes, and modern finishes are just some of the features you will find in these properties.

Kitchens are equipped with top-of-the-line cooking appliances, with several favoring the modern style of today's society while others offer a more traditional design. Hues will vary between colorfully natural and fashionably sleek, sometimes providing a mix of granite stylishness.

The key to identifying an unforgettable home at a bargain price that will afford you a smooth transaction process is by identifying a recommendable real estate agent such as Brook Walsh. Here, you will view listing details, photos, pricing, and map location details to help your comparative analysis.

Amenities

Having practical access to amenities is key to ensuring you enjoy your stay in any region. Granted, it is not always that you will have access to your car, or you'll want to take a cab in the absence of having your vehicle.

Still, that does not eliminate your desire to eat out or take a stroll in the park. As such, finding a location near amenities such as restaurants, parks, and the gym, is vital to ensuring you have nearby means to de-stress and wind down after a long day. Even a simple walk or bike ride is sure to get your calming nerves excited.

Suppose you are one of those who get drawn by modernization. In that case, you'll want to have top-of-the-range household appliances, including the latest technological improvements in your property, for convenience. For most properties with in-built facilities, these are upgraded from time to time. Additionally, in most cases, property sellers who have not upgraded their in-built kitchen appliances are open to negotiation and price reduction to facilitate the buyer's upgrade.

This entire village occupies a total of 2.01 square miles (5.20 kilometres2), out of which 0.36 square miles (0.93 kilometres2) consists of water bodies and 1.65 square miles (4.27 kilometres2) consists of dry land.

Elk Rapids is not a heavily populated area. This allows you to enjoy the amenities comfortably and at your own pace. Recreational facilities such as fishing waterways, hiking trails, and golf courses are all within reach, allowing you to constantly interact with nature as you take in the scenic views. This makes it a pretty delightful location to buy a home.

Shopping

Elk Rapids extends an outstanding shopping experience with a variety of goods. You can upgrade your wardrobe with selections from the range of boutiques and clothing stores, brighten your home with floral choices at the florists, relish in the accessories and apparel shops, buy gifts and souvenirs from the antique market and treat yourself to the nifty items on display around the town.

Some of the top gift shops in the area include Ginger Snaps, Nifty Things, Twisted Fish Gallery, Princess, and The Pea, Blue Heron Gallery, and Wild Honey. When it comes to foodstuffs, check out Acme Christian Thrift Store and Food Pantry for great bargains. Looking for specialty retail to maximize your experience? Why not visit Lady Aberlin Soap Company or Adams Madams Alden Mill House. Basically, you'll find great places to shop for all ages, keeping the entire family happy.

Schools near Elk Rapids, Michigan

Schools in a neighborhood are a critical factor in any locality you may consider purchasing a home. Whether it's for your kids or grandkids, it is essential to know and understand the education system in an area.

Elk Rapids provides education facilities for each age group ranging from early childhood programs to middle school to high school. Most of these schools offer a foreign language program. The school district has both public and private schools catering to various needs and budgets.

Some of these schools have above-average performance. For instance, Elk Rapids public schools in the School District have a median math proficiency score of fifty-three percent against the Michigan average of thirty-nine percent in public schools.

The average student-to-teacher ratio in Elk Rapids is 20:1, which is higher than the state median of 18:1. However, this ratio still ensures that teachers and students work hand-in-hand to ensure responsibility for the excellent performance of the students in schools within this locality.

Some of the schools in the district offer free and reduced lunches. The area also has a high student enrollment rate.

Focused on Northern Michigan Investment Real Estate

Brook is focused on lifestyle real estate investment properties as most people want a vacation home to make lifelong memories that endure for their entire family, leave a profound legacy for generations, and they want a solid financial investment at the same time.  While the area does have many good realtors, there aren’t many with the unique financial, vacation home investing, and technology marketing background. Brook uses his diverse skill set to help clients properly evaluate and determine whether a vacation home makes financial sense.

"I have significant experience buying and selling Northern Michigan Real Estate and I'd like to help you find the perfect Elk Rapids, Michigan home. Send me a message or give me a call at 231.459.3179 to learn more today."

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