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Berrien 49117
16650 Timber Lane
$1,750,000
● House - Off Market

16650 Timber Lane

New Buffalo, MI 49117
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
6,240 Ft²
$2,498,562
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Charming home with 6,000+ sq. ft. of exceptional quality. Great floor plan and finishes. Lake Mich. deeded beach rights on 3K ft assoc. beach. Private, fenced yard.  Room for a pool. Great location--steps to Dunes Golf Club and short walk to the beach. 2-story living room with stone fireplace and wood beamed ceiling. Great Rm opens to large dining, all-season sun-room, kitchen and two screened porches, all with private-wooded views. Gourmet eat-in kitchen, large center island, pantry. First floor Master Suite with large shower and spa tub. Finished lower level offers Fam. Rm. with stone fireplace, kitchenette, full bath, rec room, and media room. Has outside egress so could accommodate add'l bdrm. Whole house generator. Easy care with gutterless rain system. 2-car garage with built-ins
Unit Size
6,240 Ft²
Days on Market
-
Land Size
-
Price per sqft
$302
Property Type
House
Property Taxes
$922
HOA Dues
$25
Year Built
2005

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Cap Rate Calculator

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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 #20029544)

Price History

Date / Event Date Event Price
Nov 13, 2020 Sold
Premium
Sold
Jul 11, 2020 Listed by Farley Real Estate, Inc. $1,885,000
Listed by Farley Real Estate, Inc.
Jul 7, 2016 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 2,293
  • Garage Type: 7
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,644
  • Lot Size Depth Feet: 1,480
  • Lot Size Frontage Feet: 1,260
  • Total Building Area: 3,468
  • Building Area: 3,468
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,468
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIMBER LANE ESTATES
  • Land Acres: 0000000428
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 105 REPLAT OF TIMBER LANE ESTATES NO 3

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: 335-3
  • District: 13
  • Parcel: 13-7721-0105-00-5
  • Lot: 105
  • Municipality: NEW BUFFALO TWP
  • Latitude: 41.8187
  • Longitude: -86.7129

    Address

  • Full Address: 16650 Timber Ln
  • Legal Unit: 105
  • Address - House Number: 16650
  • Address - Street Name: Timber
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: New Buffalo
  • Carrier Code: R002
  • 4-Digit Zip Code: 8208
  • Zip Code: 49117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,052,936

    Appraisal Valuation

  • Standard Deviation: 0.229
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 68
  • Final Value: 2,435,059
  • High Value: 2,992,785
  • Low Value: 1,877,333

    Market Valuation

  • Market Total Value: $1,666,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $833,000

    Sales

  • Current Sale Contract Date: Jun 17, 2016
  • Current Sale Recording Date: Jul 07, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jun 24, 2004
  • Previous Sale Contract Date: Jun 09, 2004
  • Previous Sale Document Type: 71
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

2019 ft²

Average Home Age

59.6 years

Currently For Sale

576 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

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MichRIC

Listed by: Judith Dillon-Farley, Farley Real Estate, Inc.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 20029544
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 16650 Timber Lane built and last sold?
The property at 16650 Timber Lane was built in 2005 and last sold on Jun 17, 2016 for $1,375,000.
How much is this home worth?
The estimated value of the home located at 16650 Timber Lane is $0.
What are some comparable homes to 16650 Timber Lane?
There are currently no comparable homes to 16650 Timber Lane.
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