Discover Lake Ann, MI Homes for Sale and Embrace Tranquil Living

Lake Ann

Tucked into the heart of Benzie County and just 20 minutes west of Traverse City, Lake Ann is a charming, close-knit community that perfectly balances rustic tranquility with modern convenience. Surrounded by lush forests, sparkling inland lakes, and winding rivers, this peaceful village offers residents a lifestyle deeply connected to nature.

Lake Ann is best known for its serene atmosphere, friendly neighbors, and abundance of outdoor recreation. Whether it’s kayaking on Lake Ann, hiking the trails of the nearby Sleeping Bear Dunes, or enjoying live music at the local brewery, there’s always something to explore. The historic downtown area, while small, features cozy dining spots, a community grocery store, and a welcoming small-town feel that visitors and residents alike adore.

Real Estate Statistics

Average Price	$675K
Lowest Price	$63K
Highest Price	$2.8M
Total Listings	14
Avg. Days On Market	25
Avg. Price/SQFT	$288

Property Types (active listings)

Browse Lake Ann Homes for Sale

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• Under $100,000
• $200,000 - $300,000
• $300,000 - $400,000
• $400,000 - $500,000
• $700,000 - $800,000
• $900,000 - $1,000,000
• Over $1,000,000

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New

$2,750,000

7683 Herendeene Trail, Lake Ann

3 Beds 4 Baths 4,240 SqFt Residential MLS® # 1935386

New Pending

$1,300,000

19471 Maple Street, Lake Ann

5 Beds 3 Baths 2,380 SqFt Residential MLS® # 1933795

$999,900

8600 Tucker Road, Lake Ann

4 Beds 4.5 Baths 4,600 SqFt Residential MLS® # 1929519

$714,900

↓ $10,000

9725 Green Briar Road, Lake Ann

5 Beds 3.5 Baths 3,242 SqFt Residential MLS® # 1934908

$499,000

18049 Kadi Lane, Lake Ann

3 Beds 2 Baths 1,496 SqFt Residential MLS® # 1933878

New Pending

$449,900

7276 Tiger Drive, Lake Ann

6 Beds 5 Baths 4,032 SqFt Residential MLS® # 1933240

New Pending

$449,900

7276 Tiger Drive, Lake Ann

0 Beds 0 Baths 4,032 SqFt Multi-Family MLS® # 1933241

New

$419,000

7325 Pineridge Trail, Lake Ann

3 Beds 2 Baths 1,628 SqFt Residential MLS® # 1935390

New

$415,000

8315 Aimee Lane, Lake Ann

3 Beds 3 Baths 1,504 SqFt Residential MLS® # 1935351

Pending

$400,000

6368 Hardwood Drive, Lake Ann

4 Beds 2 Baths 2,016 SqFt Residential MLS® # 1934042

Pending

$399,000

20179 Linwood Trail, Lake Ann

3 Beds 2 Baths 1,732 SqFt Residential MLS® # 1933218

New

$299,000

20080 Maple Street, Lake Ann

3 Beds 1 Bath 884 SqFt Residential MLS® # 1931969

Pending

$289,900

↓ $10,000

18864 Lakewood Circle, Lake Ann

3 Beds 2 Baths 1,131 SqFt Residential MLS® # 1934396

$63,000

↓ $11,000

Off Of N Reynolds Road, Lake Ann

0 Beds 0 Baths 0 SqFt Land MLS® # 1933493

Lake Ann, MI Homes for Sale | Discover Serene Living in the Heart of Benzie County

Introduction to Lake Ann Real Estate

The Allure of Lake Ann

Nestled in Benzie County, just a short drive from Traverse City, Lake Ann offers a rare combination of small-town charm and lakeside beauty. Known for its peaceful surroundings, tree-lined streets, and close-knit community, Lake Ann is an appealing destination for homebuyers looking to escape the hustle and bustle of larger cities. Whether you're after a weekend retreat or a full-time residence, this cozy hamlet checks all the boxes.

Why People Are Flocking Here

Lake Ann has experienced a quiet boom in popularity, and it's not hard to see why. With a beautiful natural backdrop, affordable real estate, and access to both inland lakes and outdoor adventure, buyers are choosing Lake Ann for its quality of life. It's the kind of place where you know your neighbors, enjoy firefly-filled nights, and still have top-tier amenities within arm’s reach.

Current Real Estate Market Trends

Median Home Prices

As of this writing, Lake Ann home prices hover around $325,000 for single-family homes. Lakefront properties and newer constructions often command a higher price point, typically ranging from $400,000 to $700,000 depending on size, location, and amenities.

Property Inventory & Demand

Inventory is generally tight in Lake Ann due to high demand and limited development. Homes here don’t stay on the market long, especially those with lake access or large lots. This makes working with a knowledgeable local agent essential to snagging the right property.

Seasonality in Lake Ann

While spring and summer bring out the most listings, fall is a hidden gem of a buying season. Sellers are often more motivated, and buyers face less competition. Plus, the autumn foliage around Lake Ann is simply stunning—making home tours that much more magical.

Types of Properties Available

Single-Family Homes

Single-family residences dominate the Lake Ann real estate market. These range from cozy two-bedroom bungalows to sprawling four-bedroom homes on multi-acre lots. Many include attached garages, finished basements, and expansive decks perfect for entertaining.

Lakefront Cabins

Nothing says “Up North” quite like a classic Michigan cabin. Lakefront homes on Lake Ann, Bryan Lake, and Ransom Lake offer direct water access, private docks, and spectacular sunsets. They’re ideal for both personal use and as vacation rentals.

Luxury Estates

For those seeking high-end finishes, privacy, and space, Lake Ann also features luxury estates tucked among the woods or nestled along the shoreline. These properties may include chef-style kitchens, home theaters, wine cellars, and wrap-around porches.

Investment Opportunities

Lake Ann is an investor’s dream. The area’s appeal to vacationers and its proximity to Traverse City make it a strong location for short-term rentals. Many buyers are capitalizing on this by purchasing second homes and renting them out through NorthernMichiganEscapes.com when not in use.

Neighborhoods and Communities

Downtown Lake Ann

The heart of the village boasts historic charm, friendly businesses, and essential amenities. It’s walkable, quaint, and home to spots like the Stone Oven restaurant and Lake Ann Brewing Co. Living here means being part of the community's fabric.

Herendeene Lake Area

This neighborhood is loved for its secluded vibe and lake access. Homes here are often tucked among tall pines with lots that provide plenty of privacy—perfect for nature lovers.

Mistwood Greens Subdivision

A newer development, Mistwood Greens features well-maintained homes with modern layouts. It's ideal for families and retirees looking for a peaceful yet neighborly environment.

Lifestyle & Amenities

Outdoor Activities

Lake Ann is an outdoor enthusiast’s paradise. Kayaking, fishing, paddleboarding, hiking, snowshoeing—you name it, Lake Ann has it. The Sleeping Bear Dunes and Crystal Mountain Ski Resort are just short drives away.

Community Events

From summer concerts in the park to winter chili cook-offs, Lake Ann knows how to bring people together. Residents enjoy year-round events that add to the town’s charm and cohesion.

Schools & Education

Families appreciate the solid school options served by Benzie County Central Schools. There are also several charter and private options within a 30-minute drive.

Why Buy a Home in Lake Ann?

Quality of Life

Peace, quiet, and picturesque surroundings define life in Lake Ann. It’s where loons sing in the morning and you can stargaze without city lights drowning the night sky.

Low Cost of Living

Compared to major metro areas, the cost of living in Lake Ann is significantly lower. Property taxes are modest, and home values are steadily increasing, making it a smart financial move.

Proximity to Traverse City

One of the top perks? You're just 20 minutes from Traverse City’s dining, shopping, and cultural scene—but get to retreat to Lake Ann’s tranquility at the end of the day.

Top Lake Ann Home Features

Open Floor Plans

Modern Lake Ann homes often embrace open-concept designs that blend kitchens, dining areas, and living rooms into one harmonious space. This layout is perfect for entertaining, especially during holidays or summer lake weekends. Families love the flexibility these spaces provide, from cozy movie nights to hosting dinner parties with friends.

Waterfront Views

Arguably one of the most desirable features in Lake Ann homes is the view. Properties situated along Lake Ann, Bryan Lake, or the Platte River offer tranquil vistas and front-row seats to sunrise or sunset. Many come with private docks or sandy shores, ideal for launching kayaks or enjoying a summer swim.

Acreage and Privacy

If space and solitude are what you seek, Lake Ann delivers. It’s not uncommon to find homes set on several wooded acres, with long private driveways, mature trees, and minimal light pollution. These parcels are perfect for gardening, adding outbuildings, or simply soaking in nature.

Working with a Local Realtor

Benefits of Local Expertise

Lake Ann’s market is nuanced. From understanding lakefront ordinances to navigating seasonal trends, having a local expert like Brook Walsh on your side ensures you avoid costly missteps. He brings in-depth knowledge of neighborhood vibes, property histories, and investment potential.

What to Ask Your Agent

• Is this home zoned for short-term rentals?

• Are there any HOA restrictions in this neighborhood?

• How long has the property been on the market?

• What's the average price per square foot in the area?

Partnering with someone like Brook Walsh who lives and breathes Northern Michigan real estate will give you the edge—especially in a market where the best homes sell quickly.

Financing Your Lake Ann Home

Mortgage Options

From conventional loans to VA and USDA options, there are several routes for buyers to take. Many homes in Lake Ann qualify for rural financing programs that come with low or no down payment requirements.

First-Time Buyer Programs

First-time buyers can take advantage of Michigan State Housing Development Authority (MSHDA) programs, which offer down payment assistance and favorable rates. These programs can be game changers for younger buyers or those relocating from out of state.

Estimating Costs

Aside from your mortgage, expect the following recurring expenses:

• Property taxes (roughly 1.5% of home value)

• Homeowners insurance

• Utility bills (electric, gas, internet)

• Seasonal maintenance (plowing, lawn care)

Home Inspection & Appraisal Process

What to Expect

After your offer is accepted, you’ll need a home inspection. This protects you from costly surprises. Your inspector will evaluate the roof, foundation, plumbing, heating system, and more. Expect to pay between $350 and $500 for a full inspection.

Local Service Providers

Lake Ann has trusted contractors and inspectors who understand the region’s unique building styles and weather-related wear. Your real estate agent can recommend reputable professionals who are timely and thorough.

Navigating the Closing Process

Key Documents

The closing process typically takes 30-45 days. You’ll review:

• Title report

• Property disclosures

• Final loan documents

• Settlement statement

Timeline Breakdown

1. Offer Accepted – Day 1

2. Home Inspection – Week 1

3. Appraisal Ordered – Week 2

4. Loan Underwriting – Weeks 3-4

5. Final Walkthrough – Day before closing

6. Closing Day – Sign, pay, receive keys!

Selling a Home in Lake Ann

Preparing Your Home

If you’re selling in Lake Ann, staging is key. Clean, de-cluttered, and freshly painted interiors make a huge difference. Highlight natural light, water views, and outdoor entertaining spaces.

Pricing It Right

Your agent will conduct a comparative market analysis (CMA) to ensure your home is priced competitively. Overpricing in a market like Lake Ann can lead to longer days on market.

Marketing Tips

Use professional photos, drone footage, and virtual tours to stand out online. Tap into SEO strategies through BrookWalsh.com to get your listing in front of the right buyers.

Investment Potential in Lake Ann

Vacation Rentals

Lake Ann is prime for short-term vacation rentals. Its proximity to Traverse City, access to lakes, and serene atmosphere make it attractive to weekenders and weeklong visitors alike.

Long-Term Appreciation

Home values in Lake Ann have seen steady growth, and with limited space for new development, appreciation is expected to continue. Buying now can position you for excellent future gains.

Tax Benefits

Investors can deduct mortgage interest, property taxes, and depreciation. Plus, if you use the home part-time, it can serve dual purposes: personal enjoyment and income.

Comparing Nearby Markets

Lake Ann vs. Traverse City

Traverse City offers more nightlife and shopping, but at a higher cost. Lake Ann provides a quieter pace and better affordability, all within 20 minutes of the action.

Lake Ann vs. Interlochen

Both offer nature, lakes, and charm—but Lake Ann typically has more private lakefront homes and slightly lower property taxes. Interlochen, home to the renowned arts academy, may appeal more to music and arts lovers.

Sustainable Living in Lake Ann

Green Homes

Buyers interested in sustainability will find homes with solar panels, energy-efficient appliances, and geothermal heating. Builders are increasingly including these features in new constructions.

Off-Grid Possibilities

With large parcels available, Lake Ann is an excellent place to live off the grid. Some homeowners embrace composting, rainwater collection, and alternative energy sources to reduce their environmental footprint.

Future Development Outlook

Zoning Plans

Lake Ann is committed to maintaining its rural charm. While some zoning updates are allowing for accessory dwellings and multi-family properties, most growth is carefully managed to avoid overdevelopment.

Infrastructure Expansion

Benzie County is investing in road improvements and expanding broadband coverage—making Lake Ann even more attractive for remote workers and growing families.

Local Resources & Utilities

Internet & Cell Coverage

High-speed internet is now available in most areas thanks to recent rural broadband expansion. Cell coverage is generally strong, though a few lakefront areas may require boosters.

Trash & Recycling

The village contracts with local waste management companies, and recycling is available. Seasonal clean-up days make disposal easy for bulk items.

Utility Providers

• Electricity: Cherryland Electric Cooperative

• Propane: AmeriGas, Crystal Flash

• Water: Private wells in most homes

Buyer Testimonials & Case Studies

First-Time Buyer Experience

“We moved from Grand Rapids and fell in love with the slower pace here. Brook Walsh helped us find a perfect home with a lake view and big backyard for the kids.”

Investment Buyer Success Story

“I bought a cabin as a vacation rental through Brook, and within six months, it was fully booked for the summer season. It’s paid for itself faster than I imagined.”

Frequently Asked Questions

Q1: Are Lake Ann homes eligible for USDA loans?
A. Yes, many properties in Lake Ann qualify due to its rural designation.

Q2: What’s the average lot size?
A. Most homes sit on 1 to 3 acres, though larger parcels are common.

Q3: Can I rent out my home seasonally?
A. Yes, but always check township and HOA regulations first.

Q4: Is there public access to Lake Ann?
A. Yes, there's a public beach and boat launch available.

Q5: How far is the nearest grocery store?
A. Lake Ann Grocery is in town; larger stores are 15 minutes away in Traverse City.

Q6: Do properties require flood insurance?
A. Not usually, but it depends on the specific elevation and proximity to water.

Conclusion

Lake Ann, Michigan, is more than just a place to live—it’s a lifestyle. Whether you're searching for a peaceful retreat, a smart investment, or your forever home, this hidden gem offers unmatched value and beauty. Between its lush surroundings, growing real estate opportunities, and welcoming community, Lake Ann is one of Northern Michigan’s best-kept secrets.

Ready to make the move? Let Brook Walsh guide you every step of the way.

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Your dream home in Lake Ann awaits! Contact Brook Walsh today or visit BrookWalsh.com to browse the latest listings, explore virtual tours, and get expert real estate advice tailored just for you.