Onekama Homes under $500,000

Onekama Homes under $500,000

Welcome to Onekama, Michigan – a hidden gem nestled in the heart of Manistee County! This charming village is not only known for its stunning natural beauty, including pristine lakes and lush woodlands, but it also boasts an exceptional school district that prioritizes the education and well-being of its students.

Onekama School District is dedicated to fostering a nurturing environment where children can thrive academically and socially. With a commitment to small class sizes, dedicated educators, and a wide array of extracurricular activities, students receive personalized attention that helps them reach their full potential. The district emphasizes a well-rounded education, integrating arts, athletics, and community service into the curriculum, ensuring that students are prepared for success beyond the classroom.

For families looking to settle in this picturesque area, Onekama offers a variety of beautiful homes under $500,000. Whether you're searching for a cozy cottage, a modern family home, or a charming historical residence, you'll find options that cater to every taste and lifestyle. The real estate market here is vibrant, with properties often featuring stunning views, spacious yards, and easy access to outdoor activities like boating, hiking, and fishing.

Living in Onekama means more than just a home; it’s about becoming part of a close-knit community where neighbors become friends, and every day offers the opportunity to explore the great outdoors. If you’re ready to make Onekama your new home, you’ll not only enjoy a beautiful living environment but also an exceptional education for your children in a supportive and engaging school district. Come discover the magic of Onekama today!

Newest Onekama Homes under $500,000

4914 Main Street, Onekama
$159,500
3 Beds ⋅ 1 Baths ⋅ 26053793 MLS ⋅ ACTIVE Status
Two commercial lots 50 x 100 each. They can be used for residential. Open for your design and ideas, taken down to the studs for your convenience. Located in the Village of Onekama, just across the street from a walk-in park located on Portage Lake with access to Lake Michigan. Within walking distance you will find a marina, find a few places to eat, ice cream, a public beach, park, boat launch and concerts in the park. Very near to beautiful Lake Michigan beaches. Come and enjoy everything this coastal town has to offer.

4914 Main Street, Onekama
4443 Potter Road, Bear Lake
$319,900
4 Beds ⋅ 2 Baths ⋅ 26052331 MLS ⋅ ACTIVE Status
Countryside one-of-a-kind 4 BR farmhouse is situated on a delightful 2+ acres between the orchards along M-22 and the village of Bear Lake. This air-conditioned home has been maintained and well-loved and offers more than 2,000 square feet, with plenty of separate spaces for privacy. Some updates include most windows, flooring and a brand new roof. Main floor includes the primary bedroom with a sliding door to the deck, a recently updated full bath, the spacious, carpeted living and dining room and a large, fabulous kitchen with custom cabinetry, stainless appliances and porcelain tiled floor. Enjoy the cozy warmth in the main floor family room, with a newer gas insert in the fireplace surround that soars to a vaulted, beamed ceiling and a convenient 1/2 bath with a boat shower. Enjoy a heated, year-round sunroom for reading, working out, wildlife viewing or soaking in the sunshine. Upstairs are 3 BRs plus a room for your hobbies, office or TV. Personalize these rooms with your cosmetic touches. A high-efficiency, forced-air furnace and A/C heats and cools both levels and Spectrum cable service is available. Tinker on projects in the large workshop area with bench attached to the 40-ft. deep garage. The backyard deck presents relaxing views of adjoining farmland and woods, with spectacular birding opportunities from home and all along the nearby coast. Easy care landscaping includes flower boxes for your favorite blooms and kitchen herbs. A detached shed is ready for your lawn and garden equipment. Only 5 min by vehicle from here to Lake Michigan, a bit further to Bear Lake village, 6.5 miles to the two-lake town of Onekama and 10 miles to Arcadia swimming, boating, hiking and birdwatching, the latter at a mile-long boardwalk across one of the rare Great Lakes Coastal Marshes as well as other Arcadia area conservancy properties. Two acclaimed golf courses are a short drive away.

4443 Potter Road, Bear Lake
7026 Farr Road, Onekama
$399,900
3 Beds ⋅ 2 Baths ⋅ 26047299 MLS ⋅ ACTIVE Status
Set above the charming "Two Lake Town" of Onekama, this 3-bedroom, 2-bath ranch offers privacy, space and a beautiful wooded setting on just over 2.5 acres. The inviting living room features a brick wood-burning fireplace and slider leading to a deck overlooking the surrounding woods—an ideal spot to relax and enjoy the peaceful setting. Open Living /dining/ Kitchen floor plan with wood floors offers a warm & inviting living space. An attached 2-stall garage provides everyday convenience, while the impressive 30' x 40' pole barn offers plenty of room for storage, hobbies, a workshop or recreational toys. Full clean dry basement with storage shelves & laundry adds to the convenience. There is space in mud room off garage entry to relocate the laundry. Located in the heart of Onekama, with both Portage Lake and Lake Michigan nearby, this property offers the best of Northern Michigan living with room to spread out and enjoy it. With the removal of some trees on the property there could be a view of Portage Lake. Bonus feature is a fenced dog run.

7026 Farr Road, Onekama
8807 Lake Park Drive, Onekama
$385,000
3 Beds ⋅ 1 Baths ⋅ 26039980 MLS ⋅ ACTIVE Status
It's all about location with this brick 3 bedroom ranch! On Andy's Point just a block from Portage Lake public access where you can swim, put in your kayak or launch your boat for Portage Lake or Lake Michigan fun. Around the corner from North Point Park for hiking trails & enjoying nature. Freshly painted interior, new roof in 2024, Andersen replacement windows, refrigerator, dishwasher & washer new in 2022. 100x100 corner lot, 2 patios, fenced area & large storage shed for your fishing boat! 18'x15' living room , charming dining nook off kitchen. Family room has full brick wall wood burning fireplace. Main floor laundry. Oversized, attached 2 car garage.

8807 Lake Park Drive, Onekama
5832 Potter Road, Bear Lake
$385,000
3 Beds ⋅ 2 Baths ⋅ 26039872 MLS ⋅ ACTIVE Status
Nestled on 6 acres, this beautiful 3 bedroom home offers the perfect blend of modern updates with peaceful rural living—all just 3 minutes from Lake Michigan, Bear Lake and Pierport Beach. Every detail has been thoughtfully updated including new granite countertops, new kitchen remodel, new weighted garage door, Pella windows, new water heater, landscaping, and gorgeous hickory hardwood floors. Featuring 2 bedrooms/full bath on the main, while the lower offers a 3rd bedroom/full bath, plus a spacious family room with stunning floor-to-ceiling cultured stone gas fireplace. A massive 60' x 40' pole barn could be your hobby farm, workshop, storage, or for recreational toys. A huge backyard complete with a deck, gardens, and firepit. Whether you're dreaming of farming, gardens, or simply enjoying wide-open quiet spaces, this tasteful move-in-ready property offers the Northern Michigan lifestyle you've been searching for. (Property price revised to reflect 6 acre parcel rather than 15).

5832 Potter Road, Bear Lake
15940 Northwood Highway, Arcadia
$235,000
1 Beds ⋅ 1 Baths ⋅ 26036923 MLS ⋅ ACTIVE CONTINGENT Status
Escape to 9 beautiful acres of towering pines and mature hardwoods, including black cherry, beech, oak, and maple, where you'll find this one-of-a-kind handcrafted log home waiting for your finishing touches. Built from red and white pine harvested right from the property—within approximately 100 yards of where the home sits—this 1-bedroom, 1-bath home offers a truly authentic Northern Michigan setting. The exterior is mostly complete, while the unfinished interior allows you to customize the space to fit your vision. The home sits on a 4-foot pressure-treated crawl space that has remained dry, even during heavy rains. A well and septic system are already installed, the septic is plumbed to the crawl space for future use. Electric service is available on the property, though the home has not yet been wired. A wood stove provides the current heat source. A 5th-wheel camper is also included, offering a convenient place to stay while completing the home.

15940 Northwood Highway, Arcadia
6665 Lakeshore Road, Manistee
$448,500
7 Beds ⋅ 3 Baths ⋅ 26023228 MLS ⋅ ACTIVE Status
Discover endless opportunity with this expansive 7-bedroom, 3-bath multi-level retreat on 2 private acres, perfectly situated between Manistee and Onekama. Thoughtfully laid out for flexible living, the home can function as two separate residences -- an upper wing featuring four bedrooms and a distinct lower level -- ideal for extended family, guests, or rental income. The main-floor kitchen and dining area open to a large deck. Just minutes from Lake Michigan public beaches, this property blends serene privacy with easy access to shoreline recreation, dining, and area attractions. Additional highlights: Attached 2-car garage Large pole barn for equipment, hobbies, or toys Separate cottage ready for renovation into guest quarters, a studio, or a rental unit Whether you're creating an Up-North family compound, a turnkey investment, or a custom vacation escape, this versatile property is ready for your vision. Open to LAND CONTRACT TERMS to be negotiated. SELLER WILL RESPOND TO ALL OFFERS.

6665 Lakeshore Road, Manistee
4990 Main Street, Onekama
$349,000
3 Beds ⋅ 2 Baths ⋅ 26016477 MLS ⋅ ACTIVE Status
Prime M-22 Investment Opportunity in Onekama's ''Two Lake Town''! Located along iconic M-22 Scenic Highway--one of the most celebrated drives in the Midwest--this versatile mixed-use property offers outstanding visibility & endless potential in the charming village of Onekama.Situated in the heart of this unique ''Two Lake Town,'' known for its proximity to both Portage Lake & Lake Michigan , the property features a commercial storefront with excellent exposure to steady seasonal & year-round traffic along M-22. Behind the retail space, you'll find a spacious 3-bedroom home--ideal for owner occupancy, long-term rental, or short-term vacation income. A garage & additional workshop space provide flexibility for storage, hobbies, or business expansion. Whether you're looking to establish a business, create a live/work setup, or invest in one of Northern Michigan's most desirable corridors, this property delivers location, versatility, opportunity all in one. Not to mention easy walk to Portage Lake Park with a Beach & live summer music all summer. Also within walking distance to the well known fine dining Glenwood Restaurant, Historic Blue Slipper Tavern with outdoor dining & regular live music, early Mornings at Lake & Latte cafe or Amigos Mexican Cafe. Short Drive to the Historic Portage Point Inn with Lahey's Pub & the Public Beach at Lake Michigan.

4990 Main Street, Onekama
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