2806 N Lakeshore Dr Mears, MI 49436
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About this home
Live the lakeshore dream in this beautifully renovated 4-bedroom, 3-bath home just steps from the shores of Lake Michigan. Perfectly positioned north of Silver Lake, this coastal retreat pairs breathtaking views with modern updates and relaxed elegance throughout. Step inside to a light and airy interior where natural light floods through expansive windows, framing postcard-worthy water views from nearly every room. The main living area offers multiple lounge spaces, each thoughtfully designed for comfort whether you're gathered by the fireplace on a chilly evening or enjoying morning coffee with the lake as your backdrop. The fully remodeled kitchen is a showstopper with quartz countertops, stainless steel appliances, gold hardware accents, and a spacious island with bar seatingOpen-concept dining flows easily from the kitchen, with enough room to host large gatherings or cozy family dinners. All 4 bedrooms are bright and welcoming, including a charming bunk room perfect for kids or guests. The lakeside primary suite features private deck access, stunning views, and an updated ensuite with sleek finishes. Each of the three bathrooms blends warm wood tones, modern vanities, and custom tilework to create spa-like spaces that feel brand new. Outdoors, enjoy an expansive deck and private yard that opens directly to the lakefront. Best of all, the lot across the street is owned by the association and is not buildable, ensuring your view remains protected. Just south of the home, a convenient ramp leads directly to the public Lake Michigan beach and acres of pristine sand dunes, offering endless opportunities for adventure and relaxation. Whether you're seeking a year-round residence, summer getaway, or turn-key vacation rental, 2806 N Lakeshore Drive delivers unmatched style, location, and comfort.
Source: REALCOMP #71025026339
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FAQs
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
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