For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
New Buffalo 49117
1155 Shore Drive
$515,000
● House - Off Market

1155 Shore Drive

New Buffalo, MI 49117
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,792 Ft²
$560,939
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Waves lapping against the shore, seagulls in the distance, feeling the warm fresh Lake Michigan breeze. What if you could experience that from your own living room? Welcome to Sunset Shores. 3 Bedroom, 2 Bath with a large backyard located across the street from the Lake and close to the association beach access. Backyard has room for a pool or a gazebo for entertaining. Well maintained, immaculately kept tri level home with a two car garage. Cozy up to the family room fireplace on cool nights. Make this your new home!
Unit Size
1,792 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$313
Property Type
House
Property Taxes
$391
HOA Dues
$6
Year Built
1962

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #23012780)

Price History

Date / Event Date Event Price
Jun 26, 2023 Sold
Premium
Sold
Apr 26, 2023 Listed by Keller Williams Realty SWM $560,000
Listed by Keller Williams Realty SWM

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 560
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 940
  • Total Building Area: 1,848
  • Building Area: 1,848
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,848
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNSET SHORES
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 15 SUNSET SHORES NO 5

Neighborhood

  • School District Name: New Buffalo Area School District
  • School Tax School District: NEW BUFFALO
  • Census Tract: 011302

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 009-1
  • District: 62
  • Parcel: 62-7240-0015-00-4
  • Lot: 15
  • Municipality: NEW BUFFALO CITY
  • Latitude: 41.7934
  • Longitude: -86.759

    Address

  • Full Address: 1155 Shore Dr
  • Legal Unit: 15
  • Address - House Number: 1155
  • Address - Street Name: Shore
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: New Buffalo
  • Carrier Code: C002
  • 4-Digit Zip Code: 1039
  • Zip Code: 49117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $322,015

    Appraisal Valuation

  • Standard Deviation: 0.1006
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 90
  • Final Value: 569,055
  • High Value: 626,311
  • Low Value: 511,798

    Market Valuation

  • Market Total Value: $501,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $250,600

    Sales

  • Current Sale Contract Date: Feb 28, 1990
  • Current Sale Recording Date: Feb 28, 1990
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About New Buffalo

Stats & Trends

Median Asking:

$590,000

Sale Price/ft²

$411

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1889 ft²

Average Home Age

67.3 years

Currently For Sale

32 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Peter G Rahm, Keller Williams Realty SWM
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23012780
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1155 Shore Drive built and last sold?
The property at 1155 Shore Drive was built in 1962 and last sold on Feb 28, 1990 for $0.
How much is this home worth?
The estimated value of the home located at 1155 Shore Drive is $568,455.
What are some comparable homes to 1155 Shore Drive?
There are currently no comparable homes to 1155 Shore Drive.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
New Buffalo Homes for Sale
New Buffalo Houses for Sale
New Buffalo Condos for Sale
New Buffalo Land for Sale
New Buffalo Commercial for Sale
New Buffalo Homes with Basements
New Buffalo Homes with Pools
New Buffalo Homes with Parking
Nearby Cities
Grand Beach Homes for Sale
Michiana Homes for Sale
Nearby Property Records
Berrien County, MI Property Records
LaPorte County, IN Property Records
St. Joseph County, IN Property Records
Porter County, IN Property Records
Lake County, IN Property Records
Starke County, IN Property Records
Cass County, MI Property Records
Marshall County, IN Property Records
Top Real Estate Agents
Top Agents in New Buffalo
Top Agents in 49117
Top Agents in Grand Beach
Top Agents in Michiana