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$389,900 Contingent

  • For Sale
  • Contingent
  • Townhouse
  • 3 Beds
  • 2 Full Baths
  • 2,443 Sq. Ft.
  • 1 Car Garage
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Incredible New Price on this carefree lakefront living condo in Town Square, Tawas City. There is only one other unit like it in the complex. This beautiful 2,400 sq ft custom 3 bedroom, 2 full bath end-unit has breathtaking views of Lake Huron from the front & Tawas River from the balcony. View the stars with a telescope from the Crows Nest's private cupola & views from the Bonus room skylights. Take a 5-min walk or drive under 2 miles to the local parks & amenities: Farmers market on Saturday mornings across the street, Lake Tawas River beach, Shoreline Park, Tawas Point State Park, Tawas Point Lighthouse, restaurants, fishing, canoeing & biking. Relax by the cozy gas fireplace in your living room. Kitchen w/granite counters, new stainless steel appliances & pantry. Private laundry room, Master suite with a luxurious ensuite bathroom & 2 large walk-in closets. Park in your 1-car garage & take the elevator to your unit. This condo appraised for $427,000 on 9-12-24. Don't Miss out!

Full Property Details for 540 W Lake St #12

General

  • Price: $389,900
  • HOA FEE: $352/month
  • Taxes: $5,316
  • Status: Contingent
  • Type: Townhouse
  • Source: SWMRIC_MLS
  • MLS ID: 26004322
  • Updated: 5/19/2026
  • Added to Site: 25 day(s) ago

Interior

  • Number of Rooms: 7
  • Interior Features: Elevator, Garage Door Opener, Eat-in Kitchen, Pantry
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas Log, Living Room, Gas Log, Living Room
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Main Level

Additional Information

  • Shared Amenities: End Unit

Exterior

  • Exterior Features: Balcony, Other

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Garage Door Opener, Detached

Location

  • County: Iosco
  • Subdivision: Town Square Condominium
  • Cross Streets: S. of M-55/Hemlock
  • Driving Directions: NW side of US-23W Lake St in Tawas City. Between M-55/Hemlock and Townline Rd.

Community

  • Association: Yes
  • Assoc. Fees Include: Trash, Snow Removal, Lawn/Yard Care

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air

Utilities

  • Sewer: Public
  • Water: Public
  • Utility Description: High-Speed Internet

Structural Information

  • Architectural Style: Townhouse
  • Construction: Vinyl Siding
  • Basement: Yes
  • Roof: Asphalt
  • Windows: Skylight(s)
  • Stories/Levels: 3
  • Square Feet: 2,443
  • Living Area: 2,443 Sq. Ft.
  • Year Built: 2008

Lot Features

  • Lot Size (Acres): 0.72
  • Lot Size (Sq. Ft.): 31,469
  • Frontage: Paved

Water Features

  • Water Front Desc.: River

Financial Considerations

  • Association Fee: $352
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $5,316
  • Terms: Cash, VA Loan, Conventional

Disclosures and Reports

  • Legal Description: TOWNE SQUARE CONDOMINIUM UNIT 12 AND G5 MASTER DEED L975 P252-306 AMENDED AND RESTATED L1018 P87-141 SECOND AMENDMENT L1161 P672-718* * IN TIFA PROJECT
  • Property ID: 132-T70-000-012-00

Listed by Key Realty One LLC, Jannetta Logan

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Listing agent

— 540 W Lake St #12 —

  • Jannetta Logan

    Key Realty One LLC

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 540 W Lake St #12

School District:Tawas Area Schools
NameGradesDistance
Clara B. Bolen Elementary School
211 South Plank Road, Tawas City, MI 48763
PK-41 mi
Tawas Area Middle School
255 W M 55, Tawas City, MI 48763
5-81.1 mi
Tawas Area High School
255 W M 55, Tawas City, MI 48763
9-121.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 540 W Lake St #12 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/02/2026
Price Reduced
$389,900
-4.9%
MLS
2/05/2026
Listed
$410,000
8.47%
MLS
10/02/2024
Sold
$378,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 540 W Lake St #12

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,150
37%
$185,900
28%
2024
$4,487
7%
$145,700
—
2023
$4,176
4%
$146,200
10%
2022
$4,006
3%
$133,100
3%
2020
$3,879
—
$128,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Key Realty One LLC, Jannetta Logan

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  • Single Family
  • Active
  • Updated 1 day ago
  • 3
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  • 2
    Total Baths
  • 1,144
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540 W Lake Street #12, Tawas City, MI 48763 (MLS# 26004322) is a Townhouse property with 3 bedrooms and 2 full bathrooms. 540 W Lake Street #12 is currently listed for $389,900 and was received on May 19, 2026. Want to learn more about 540 W Lake Street #12? Do you have questions about finding other Townhouse real estate for sale in Tawas City? You can browse all Tawas City real estate or contact a Coldwell Banker agent to request more information.

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