Waterfront Lifestyle

Lake Ann, Michigan

Nestled in the heart of Benzie County, Lake Ann, MI offers a tranquil and picturesque setting perfect for lakefront living. Known for its pristine waters, peaceful ambiance, and tight-knit community, Lake Ann is an ideal destination for those seeking a balanced lifestyle filled with nature and convenience. Whether you're enjoying early morning kayaking, evening sunsets on your private dock, or community events at the village park, waterfront homes in Lake Ann deliver a serene and fulfilling living experience. Just 20 minutes from Traverse City, residents enjoy both seclusion and accessibility, making Lake Ann one of Northern Michigan's hidden gems. With a variety of waterfront properties available—from cozy cabins to luxury estates—Lake Ann welcomes homebuyers and investors looking for scenic beauty and lasting value.

Lake Ann, MI Waterfront Homes for Sale

Real Estate Statistics

Average Price $778K
Lowest Price $59.9K
Highest Price $1.3M
Total Listings 3
Avg. Days On Market 23
Avg. Price/SQFT $412

Property Types (active listings)


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Lake Ann, MI Waterfront Homes for Sale: Top Deals & Expert Guide 2025

Discover the best Lake Ann, MI waterfront homes for sale with our 2025 expert guide. Learn about lakefront living, pricing, neighborhoods, and buying tips!

Introduction to Lake Ann, Michigan

Introduction to Lake Ann, Michigan

Lake Ann, Michigan, is a hidden gem nestled in the heart of Benzie County. This charming village draws in homebuyers and vacation seekers alike, especially those in search of serene waterfront homes. Only 20 minutes from Traverse City, Lake Ann offers a small-town atmosphere with natural beauty that captivates from the very first visit.

Location and Accessibility

Located in northwestern Michigan, Lake Ann is easily accessible via US-31 and County Road 610. Its close proximity to Traverse City makes it an ideal location for those who desire peaceful lake living without being too far from urban conveniences.

Overview of Lake Ann Village Charm

The village itself is quaint, filled with friendly faces, family-owned businesses, and cozy eateries like the Stone Oven. It provides an authentic northern Michigan experience where locals take pride in their close-knit, lakeside lifestyle.

Demographics and Local Community Feel

With just over 250 residents in the village and more in surrounding Almira Township, the community is tight-knit, welcoming, and safe. Many of the waterfront properties are owned by families who’ve lived here for generations, creating a warm and rooted neighborhood feel.

Why Choose Waterfront Homes in Lake Ann?

Waterfront living in Lake Ann isn't just about owning property; it's about embracing a lifestyle that many dream of but few achieve.

Scenic Beauty and Natural Surroundings

From the crystal-clear waters of Lake Ann to the tall pines and rolling hills surrounding it, nature is always at your doorstep. Sunrises and sunsets over the lake are breathtaking, and wildlife sightings—like loons and deer—are common.

Peaceful Lifestyle and Outdoor Recreation

Residents enjoy kayaking, boating, paddleboarding, and fishing right from their backyards. In winter, snowmobiling and cross-country skiing are popular. It’s the perfect four-season playground for nature lovers and outdoor enthusiasts.

Investment Potential and Property Appreciation

Thanks to its growing popularity and limited inventory, Lake Ann waterfront homes have seen steady appreciation. Whether you're buying for personal use or as an investment, it’s a smart financial decision backed by demand and desirability.

Types of Waterfront Properties Available

Types of Waterfront Properties Available

Lake Ann offers diverse lakefront real estate options, catering to various lifestyles and budgets.

Lakefront Single-Family Homes

These are the most common and vary in size from cozy two-bedroom homes to expansive five-bedroom residences with private docks and sandy beaches.

Cabins and Cottages on the Water

Ideal for seasonal retreats or Airbnb listings, cabins offer rustic charm with modern amenities.

Luxury Waterfront Estates

High-end homes feature custom architecture, multiple acres, high-end interiors, and panoramic water views—ideal for discerning buyers seeking privacy and comfort.

Vacant Waterfront Land and Lots

Build your dream home from the ground up with stunning lakefront lots, many of which come with building-ready permits and utilities nearby.

Check out this video for a look at the Waterfront Lifestyle

Popular Lakes in and Around Lake Ann, MI

Lake Ann may be the namesake, but several surrounding lakes enhance the region’s waterfront appeal. Each has its own charm and attracts different types of buyers.

Lake Ann

The centerpiece of the village, Lake Ann is a spring-fed lake ideal for swimming, fishing, and boating. Many homes here feature private docks and sandy shores, making it one of the most sought-after waterfront locations in the area.

Bryan Lake

A quieter, smaller lake known for its seclusion and tranquil setting. Bryan Lake is perfect for buyers looking for peace and privacy away from tourist traffic.

Pearl Lake

Located just south of Lake Ann, Pearl Lake offers a mixture of year-round and seasonal homes. It’s ideal for paddle sports and known for its crystal-clear waters and minimal boat traffic.

Ransom Lake

An often-overlooked gem, Ransom Lake provides affordable waterfront opportunities. The surroundings are heavily wooded, attracting nature lovers and those looking for more rustic, off-grid living options.

Average Home Prices and Market Trends

Lake Ann's waterfront market has seen consistent growth, especially in the past few years as demand for remote and scenic living has increased.

2024-2025 Price Trends in Lake Ann Waterfront Market

2024-2025 Price Trends in Lake Ann Waterfront Market

As of early 2025, average lakefront home prices in Lake Ann range from $350,000 to $800,000, with luxury estates exceeding $1 million. Prices depend heavily on location, lake access, and the property’s condition. Vacant lots typically range from $90,000 to $250,000 depending on acreage and shoreline.

Comparison with Nearby Waterfront Markets

Compared to waterfront homes in Traverse City or Glen Arbor, Lake Ann offers more affordability and space. Buyers can get larger lots and direct water access for significantly lower prices, making it a value-rich alternative.

What to Look for in a Lakefront Property

Before jumping into your purchase, it’s important to consider the unique factors of owning lakefront real estate.

Water Access and Shoreline Quality

Evaluate the type of shoreline—rocky, sandy, or marshy. Sandy bottoms are ideal for swimming. Direct access without steep slopes or long stairways is a bonus.

Flood Zones, Permits, and Insurance Needs

Always check if the property is in a FEMA-designated flood zone. This can affect insurance rates and building regulations. Work with a local agent who understands waterfront-specific rules.

Year-Round vs. Seasonal Usability

Some homes are insulated for year-round living, while others may only be suitable for summer use. Consider heating, water systems, and road access during winter.

Best Neighborhoods and Communities Near the Lake

Each neighborhood around Lake Ann offers unique living experiences based on location, amenities, and community style.

Lake Ann Village

Perfect for those who want walkable access to the general store, restaurants, and public beaches. Homes here are in high demand.

Almira Township Communities

Offering more space and privacy, these communities lie just outside the village limits. Larger parcels and wooded lots are common.

Secluded Private Lakefront Roads

Scattered around the lakes, these roads offer quiet, low-traffic environments. Most homes here have private docks and exclusive lake access.

Financing Waterfront Homes in Lake Ann

Purchasing waterfront property often requires special financing considerations.

Mortgage Options and Interest Rates

Most buyers will qualify for conventional loans, though some may require jumbo loans for properties over conforming limits. Interest rates for waterfront homes tend to be slightly higher but are competitive.

Working with Local Lenders Familiar with Waterfront Loans

It’s beneficial to work with local banks or credit unions that understand the nuances of waterfront property financing. They’re often more flexible and quicker in processing loans for properties in areas like Lake Ann. These lenders may also have established relationships with appraisers familiar with lakefront valuations, ensuring more accurate pricing assessments.

Partner with Northern Michigan Escapes for Expert Help

Partner with Northern Michigan Escapes for Expert Help

If you're considering purchasing or renting a waterfront property in Lake Ann or anywhere in Northern Michigan, working with a trusted local expert is key. Northern Michigan Escapes offers full-service real estate, vacation rental management, and concierge services designed to make your lakefront experience seamless and enjoyable.

Whether you're buying your dream home or looking to generate income from a seasonal rental, their knowledgeable team can help you navigate the Lake Ann market with confidence and ease. From luxury estates to cozy cabins, Northern Michigan Escapes is your go-to partner for lakeside living.

Finding Lakefront Specialists in Lake Ann

Look for agents who specialize in waterfront sales. These professionals understand zoning regulations, dock permits, erosion control, and can guide you through lake-specific considerations that general agents might overlook.

Step-by-Step Buying Guide

Buying a lakefront home is a major investment. Here’s a simplified guide to make the process smoother:

Finding Listings and Scheduling Tours

Start by browsing local MLS listings or real estate platforms. Partner with an agent to gain access to private listings. Touring multiple homes—during both weekdays and weekends—can give you a better feel for the neighborhood and lake activity.

Property Inspections and Legal Checks

Always conduct a thorough inspection. Look for signs of water damage, septic issues, or erosion. Also, check for riparian rights and ensure there are no encroachments or usage restrictions on the shoreline.

Finalizing the Sale and Moving In

Once the paperwork is complete, the title is transferred, and financing approved, it’s time to close. After that, it’s all about settling into your new lakefront lifestyle—don’t forget to check into local utilities, HOA requirements (if any), and dock regulations.

Living in Lake Ann Year-Round

Whether you’re looking to move permanently or just seasonally, Lake Ann has everything you need to live comfortably all year long.

Local Amenities and Services

Despite its small size, Lake Ann offers essentials like a post office, grocery stores, eateries, and gas stations. For larger shopping or medical needs, Traverse City is only a short drive away.

School Districts and Education Quality

Families with children will be pleased with the reputable Benzie County Central Schools district, which serves Lake Ann. Private and charter schools are also accessible in nearby towns.

Community Events and Seasonal Activities

From summer concerts at the Almira Township Park to winter snowshoe trails, Lake Ann boasts year-round community engagement. Don’t miss out on Lake Ann Brewing Co.’s lively events or the annual Fourth of July fireworks.

Short-Term Rentals and Vacation Home Potential

Short-Term Rentals and Vacation Home Potential

Lake Ann is becoming a popular short-term rental destination for vacationers who want peace without the resort town crowds.

Legal Requirements and Zoning

Before listing a home on platforms like Airbnb, check with Almira Township’s short-term rental policies. Some neighborhoods have restrictions or require permits.

Profitability as an Airbnb or VRBO Property

Waterfront homes, especially those with docks and beach access, are in high demand during summer. Many owners report full bookings from May through September, making it a potentially lucrative venture.

Selling a Waterfront Home in Lake Ann

Planning to sell? There are steps you can take to ensure your waterfront property stands out.

Marketing Your Property to the Right Buyers

Use professional photography, drone footage, and highlight features like private docks, sunset views, and recent upgrades. List on major real estate websites and local platforms.

Setting the Right Asking Price

Work with an agent to conduct a comparative market analysis. Pricing too high can scare off buyers; too low, and you may lose out on equity. A balanced strategy ensures competitive offers.

Frequently Asked Questions

Frequently Asked Questions

Q. What is the average price for a Lake Ann, MI waterfront home?

A. As of 2025, prices range from $350,000 to over $1 million, depending on lake access.

Q. Can I build a dock or boathouse on my property?

A. Yes, in most cases you can build a dock, but it’s subject to local zoning regulations and environmental permits. Michigan’s Department of Environment, Great Lakes, and Energy (EGLE) oversees such permits, and your real estate agent or local contractor can help guide you through the process.

Q. Are short-term rentals allowed on Lake Ann?

A. Yes, short-term rentals are generally allowed, but they may be subject to township-specific rules. Almira Township and surrounding jurisdictions may require registration or special permits. Always verify with local zoning offices before listing your property as a rental.

Q. How far is Lake Ann from Traverse City?

A. Lake Ann is located just 14 miles southwest of Traverse City, making it about a 20-minute drive. This close proximity provides the perfect balance of peaceful lakefront living and access to big-city amenities.

Q. What should I look for in a lakefront inspection?

A. A lakefront home inspection should go beyond standard checks. Focus on the condition of the shoreline, dock integrity, erosion signs, water systems, and flood zone status. Septic systems and foundations near water should be closely evaluated.

Q. Is Lake Ann swimmable and safe for families?

A. Absolutely! Lake Ann is known for its clean, spring-fed waters and sandy beaches, making it safe for swimmers of all ages. It’s a favorite for families looking to enjoy kayaking, paddleboarding, and fishing in a peaceful setting.

Conclusion: Making the Move to Lake Ann’s Waterfront Life

Conclusion: Making the Move to Lake Ann’s Waterfront Life

Buying one of the Lake Ann, MI waterfront homes for sale is more than a real estate decision—it’s a lifestyle choice. With pristine waters, welcoming communities, and proximity to Traverse City, Lake Ann offers the ideal balance between relaxation and accessibility.

Whether you're dreaming of weekend getaways, planning a full-time move, or investing in a vacation rental, Lake Ann delivers year-round charm and long-term value. From tranquil mornings on the dock to festive summer nights around the firepit, your perfect waterfront life is waiting right here in Northern Michigan.

Now’s the time to explore Lake Ann’s lakefront listings, connect with a local expert, and turn your vision into reality.

Eager to learn more about Lake Ann, Michigan waterfront homes for sale? Connect with Brook Walsh today! We'll be happy to help you through every step of the Northern Michigan lifestyle real estate process.

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