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Manitou Beach-Devils Lake 49253
8312 Clarks Cove
$810,000
● House - Off Market

8312 Clarks Cove

Addison, MI 49220
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,368 Ft²
$4,700
Est. Monthly

About This Property

Quiet, end-of-road sanctuary with mile-long, panoramic views over pristine Devils Lake! This lovingly maintained, year-round cottage offers 66 ft of hard-pack sandy frontage on a fenced 0.31-acre parcel-perfect for barefoot summers. Inside, wood plank ceiling/ knotty-pine/ tile floors, built-in cabinetry, and a natural-gas fireplace create timeless charm. The open floor plan showcases a wall of lakeside windows capturing sunrise to sunset vistas from the north, east, and south. Three bedrooms and 1.5 baths are complemented by an oversized 2.5-car garage with a walk-up attic-easily dormered for extra sleeping space. Architect-drawn plans for a main-floor primary suite transfer to the new owner. This is one of the finest settings I've had to offer in the last 30 years!
Unit Size
1,368 Ft²
Days on Market
35 days
Land Size
0.30 acres
Price per sqft
$647
Property Type
House
Property Taxes
$354
HOA Dues
-
Year Built
2010

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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: 12 months ago (MichRIC MLS #25055559)

Price History

Date / Event Date Event Price
Dec 3, 2025 Sold
Premium
Sold
Nov 3, 2025 In contract -
In contract
Oct 29, 2025 Listed by RE/MAX IRISH HILLS REALTY $885,000
Listed by RE/MAX IRISH HILLS REALTY
Apr 29, 1992 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 5
  • 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: 7
  • Garage Square Area: 728
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,445
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CLARKS COVE
  • Land Acres: 0000000125
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT BEG AT SW COR OF LOT 1 TH W 116.50 FT N 44 FT TH E 116.50 FT TH S 44 FT TO BEG CLARK'S COVE

Neighborhood

  • School District Name: Addison Community Schools
  • School Tax School District: SCH: 46020
  • Census Tract: 060401

Geography

  • District: WD0
  • Parcel: WD0-505-0011-00
  • Lot: 1
  • Municipality: WOODSTOCK TWP
  • Latitude: 41.9866
  • Longitude: -84.2935

    Address

  • Full Address: 8312 Clarks Cv
  • Address - House Number: 8312
  • Address - Street Name: Clarks
  • Address - Suffix Type: Cv
  • State: MI
  • City Name: Addison
  • Carrier Code: R021
  • 4-Digit Zip Code: 9534
  • Zip Code: 49220

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $64,519

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 78
  • Final Value: 110,469
  • High Value: 129,334
  • Low Value: 91,603

    Market Valuation

  • Market Total Value: $67,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $33,700

    Sales

  • Current Sale Contract Date: Apr 29, 1992
  • Current Sale Recording Date: Apr 29, 1992
  • Current Sale Price:
    Premium
  • 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 Manitou Beach-Devils Lake

Stats & Trends

Median Asking:

$695,000

Sale Price/ft²

$331

Below Asking

0.06%

Average Days on Market

98

Average Home Size

1680 ft²

Average Home Age

58 years

Currently For Sale

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

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Currently no similar homes around

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MichRIC

Listed by: Mark Riggle, RE/MAX IRISH HILLS REALTY
Last Updated: 12 months ago
Data Source: MichRIC, MLS# 25055559
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 8312 Clarks Cove built and last sold?
The property at 8312 Clarks Cove was built in 2010 and last sold on Apr 29, 1992 for $6,900.
How much is this home worth?
The estimated value of the home located at 8312 Clarks Cove is $0.
What are some comparable homes to 8312 Clarks Cove?
There are currently no comparable homes to 8312 Clarks Cove.
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