See Home Value
Allegan 49055
131 Peterson Drive
$169,900
● Land - Off Market

131 Peterson Drive

Gobles, MI 49055
bedrooms
Studio
bathrooms
0 Bath
$879
Est. Monthly
$13
HOA / Fees

About This Property

Affordable Lake Access Opportunity on an All-Sports Lake!

If you've been searching for an affordable property with access to an all-sports lake, this unique opportunity deserves a closer look. Situated on a spacious lot, this property once featured a home and now offers endless possibilities for its next owner.

A 2-car garage remains on the property and includes a partially finished upper level ready to be completed to suit your needs. A large picture window provides abundant natural light and beautiful lake views, creating an ideal space for a future guest suite, recreation room, studio, or weekend retreat.

The rolling terrain of the lot lends itself perfectly to a walkout design, utilizing the area where the previous home once stood. Existing improvements include a cement pad and walkway, along with a well and septic system already in place. Whether you choose to build a new home, create a seasonal getaway, or simply enjoy the property as it is, the possibilities are plentiful. The rear of the property borders wooded land, offering privacy and a peaceful natural setting. Access is provided by a private road, with a modest $150 annual association fee covering maintenance of Peterson Drive and access to a small lakeside park. A nearby public boat launch makes it easy to enjoy all the recreational opportunities the lake has to offer, including boating, fishing, swimming, and kayaking.

Bring your vision and make this lakeside property your own.

Property is selling in "as" is condition. Seller will do no inspections or repairs.
Unit Size
-
Days on Market
52 days
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$57
HOA Dues
$13
Year Built
1997

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Last updated: 4 months ago (MichRIC MLS #26028047)

Price History

Date / Event Date Event Price
Jul 31, 2026 Sold
Sold
Jun 15, 2026 In contract -
In contract
Jun 9, 2026 Listed by Five Star Real Estate $164,900
Listed by Five Star Real Estate
Oct 16, 2018 Sold
Sold
Jan 22, 2016 Sold
Sold

Property Highlights


Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 960
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,356,000
  • Total Building Area: 1,976
  • Building Area: 1,976
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,976
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CARLSONS DUCK LAKE SHORE
  • Land Acres: 0000100000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOTS 38 & 39 CARLSON'S DUCK LAKE SHORE SUBDIVISION SEC 36 T1N R14W.

Neighborhood

  • School District Name: Allegan Public Schools
  • School Tax School District: ALLEGAN
  • Census Tract: 010100

Geography

  • District: 03
  • Parcel: 03-200-038-00
  • Lot: 38-39
  • Meridian: SEC 36 TWN 01N RNG 14W
  • Municipality: CHESHIRE TWP
  • Latitude: 42.4293
  • Longitude: -85.9003

    Address

  • Full Address: 131 Peterson Dr
  • Address - House Number: 131
  • Address - Street Name: Peterson
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Gobles
  • Carrier Code: R003
  • 4-Digit Zip Code: 9704
  • Zip Code: 49055

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $34,127

    Appraisal Valuation

  • Standard Deviation: 0.2455
  • Valuation Date: Jun 22, 2022
  • Confidence Score: 65
  • Final Value: 77,246
  • High Value: 96,216
  • Low Value: 58,276

    Market Valuation

  • Market Total Value: $30,400
  • Market Land Value: $18,000
  • Market Improvement Value: $12,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,200
  • Assessed Land Value: $9,000
  • Assessed Improvements Value: $6,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 12, 2018
  • Current Sale Recording Date: Oct 16, 2018
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jan 22, 2016
  • Previous Sale Contract Date: Jan 18, 2016
  • Previous Sale Amount: $68,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Allegan


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Frequently Asked Questions

When was property at 131 Peterson Drive built and last sold?
The property at 131 Peterson Drive was built in 1997 and last sold on Oct 12, 2018 for $79,000.
How much is this home worth?
The estimated value of the home located at 131 Peterson Drive is $166,549.
What are some comparable homes to 131 Peterson Drive?
There are currently no comparable homes to 131 Peterson Drive.