For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Berrien 49117
16469 Timber Lane
$685,000
● Land - Off Market

16469 Timber Lane

New Buffalo, MI 49117
bedrooms
Studio
bathrooms
0 Bath
$798,068
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

A rare opportunity to acquire one of the last remaining vacant lots in New Buffalo's prestigious Timberlane Estates in the heart of Harbor Country, the ''Hampton's of the Midwest''. This large 1/2+ acre lot measures 140' x 230' with mature trees.  Short walk to the deeded Timberlane Association beach access with over 3,000' of beautiful wide sandy Lake Michigan beach. Municipal water and utilities at the street. Build your dream home only one hour from Chicago.   Minutes from the New Buffalo marina, harbor, restaurants, shopping and Amtrak. Pet friendly beach.
Unit Size
-
Days on Market
-
Land Size
0.56 acres
Price per sqft
-
Property Type
Land
Property Taxes
$168
HOA Dues
-
Year Built
-

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 #21112728)

Price History

Date / Event Date Event Price
Mar 4, 2022 Sold
Premium
Sold
Oct 28, 2021 Listed by @properties Christie's International R.E. $775,000
Listed by @properties Christie's International R.E.

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,219
  • Lot Size Depth Feet: 2,180
  • Lot Size Frontage Feet: 1,110
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: TIMBER LANE ESTATES
  • Land Acres: 0000000556
  • Standard Land Use Code: 8001
  • County Land Use Code: 402
  • Legal Description 1: LOT 18 TIMBER LANE ESTATES NO 2

Neighborhood

  • School District Name: New Buffalo Area School District
  • School Tax School District: NEW BUFFALO
  • Census Tract: 011301

Zoning

  • Zoning: SELECTZONI

Geography

  • Assessors Map Reference: 335-2
  • District: 13
  • Parcel: 13-7710-0018-00-0
  • Lot: 18
  • Municipality: NEW BUFFALO TWP
  • Latitude: 41.8207
  • Longitude: -86.7125

    Address

  • Full Address: 16469 Timber Ln
  • Legal Unit: 18
  • Address - House Number: 16469
  • Address - Street Name: Timber
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: New Buffalo
  • Carrier Code: R002
  • 4-Digit Zip Code: 9265
  • Zip Code: 49117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $692,524

    Market Valuation

  • Market Total Value: $562,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $281,000

    Sales

  • Current Sale Contract Date: Jan 31, 1981
  • Current Sale Recording Date: Jan 31, 1981
  • 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 Berrien

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2025 ft²

Average Home Age

59.5 years

Currently For Sale

572 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: William Schauble, @properties Christie's International R.E.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21112728
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 16469 Timber Lane built and last sold?
The property at 16469 Timber Lane was built in and last sold on Jan 31, 1981 for $0.
How much is this home worth?
The estimated value of the home located at 16469 Timber Lane is $782,750.
What are some comparable homes to 16469 Timber Lane?
There are currently no comparable homes to 16469 Timber Lane.
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
Michigan City Homes for Sale
Shorewood-Tower Hills-Harbert Homes for Sale
Three Oaks Homes for Sale
Grand Beach Homes for Sale
Long Beach Homes for Sale
Michiana Homes for Sale
Galien Homes for Sale
New Carlisle 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
Starke County, IN Property Records
Lake County, IN Property Records
Cass County, MI Property Records
Marshall County, IN Property Records
Nearby Counties
Michigan Homes for Sale
Chikaming Homes for Sale
Three Oaks Homes for Sale
Springfield Homes for Sale
Weesaw Homes for Sale
Galien Homes for Sale
Galena Homes for Sale
Hudson Homes for Sale
Top Real Estate Agents
Top Agents in New Buffalo
Top Agents in 49117
Top Agents in Michigan
Top Agents in Michigan City
Top Agents in Chikaming
Top Agents in 49128
Top Agents in Shorewood-Tower Hills-Harbert
Top Agents in 49125