This newly built Modern-Style Waterfront Home, suitable for year-round living or as a seasonal cottage, has recently been appraised and is listed below its appraised value. It's the perfect blend of craftsmanship, functionality, and natural beauty, making it an ideal get-a-way for those who appreciate natural warm wood accents & recreation. The open-concept layout showcases a spacious Great Room with 8' high patio doors with transom windows above. The kitchen features a large Quartz island with seating, farmhouse sink and a pantry door that acts as a decorative element, adding warmth and a touch of vintage. Large sliding doors take you to the Trex deck that extends the entire length of the home, perfect for entertaining or enjoying peaceful days overlooking the lake. Under this deck, a rubber membrane was installed to channel water to a gutter to create a dry space - perfect for rainy days or a future screen room. Every bedroom (3) offers stunning views of the lake, the 3rd bedroom, featuring a double French glass door, is a flexible space ideal for a home office. The beautifully landscaped yard includes native plants and a slate fire pit area near the water edge. Morning sunrises are beautiful - plan to swim, boat, fish, kayak and enjoy all this beautiful lake has to offer. The rolling dock and boathouse are bonuses to this property. Additional features include a storage shed (8x12), a prepped/compacted 26 x 32 garage pad, coil installed for AC and Generator ready. Anyone who views this home will recognize it's value immediately....it should be YOU!!
Closed
$744,000
509 Red Rd, Michigamme, MI 49861
3beds
2,454sqft
Single Family Residence
Built in 2022
1.73 Acres Lot
$742,500 Zestimate®
$303/sqft
$2,997 Estimated rent
Home value
$742,500
$594,000 - $936,000
$2,997/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 13, 2025 at 06:08pm
Listed by:
DARLENE MARTIN 906-360-9028,
SELECT REALTY 906-228-2772
Bought with:
STEPHEN ANDREAE, 6501403476
RE/MAX 1ST REALTY
Source: Upper Peninsula AOR,MLS#: 50176674
Originating MLS: Upper Peninsula Assoc of Realtors
Originating MLS: Upper Peninsula Assoc of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: First
Bedroom 1
- Level: Main
- Area: 156
- Dimensions: 13 x 12
Bedroom 2
- Level: Lower
- Area: 143
- Dimensions: 13 x 11
Bedroom 3
- Level: Lower
- Area: 120
- Dimensions: 12 x 10
Bathroom 1
- Level: Main
- Area: 81
- Dimensions: 9 x 9
Bathroom 2
- Level: Lower
- Area: 72
- Dimensions: 9 x 8
Family room
- Level: Lower
- Area: 480
- Dimensions: 20 x 24
Great room
- Level: Main
- Area: 720
- Dimensions: 30 x 24
Heating
- Forced Air, Propane
Cooling
- None
Appliances
- Included: Bar Fridge, Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Water Heater
- Laundry: First Floor Laundry, Main Level
Features
- Cathedral/Vaulted Ceiling, Wet Bar/Bar
- Flooring: Ceramic Tile, Wood, Other
- Basement: Full,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 2,454
- Total interior livable area: 2,454 sqft
- Finished area above ground: 1,227
- Finished area below ground: 1,227
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Patio
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: All Sports Lake, Lake Front, Waterfront, Interior Lake
- Body of water: Lake Michigamme
- Frontage type: Waterfront
- Frontage length: 171
Lot
- Size: 1.73 Acres
- Dimensions: 171 x 369 x 68 x 107 x 268
- Features: Deep Lot - 150+ Ft., Rural, Subdivision, Irregular Lot, Sloped
Details
- Additional structures: Shed(s), Boat House
- Parcel number: 520960003100
- Zoning: LSR - Lakeshore River
- Zoning description: Other
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary,Conventional Frame
- Property subtype: Single Family Residence
Materials
- Cement Siding
- Foundation: Basement
Condition
- New Construction
- New construction: Yes
- Year built: 2022
Utilities & green energy
- Sewer: Septic Tank
- Water: Drilled Well
- Utilities for property: Cable Available, Electricity Connected, Propane Tank Leased, Cable Not to Property
Green energy
- Energy efficient items: Thermostat, Windows
- Water conservation: Low-Flow Fixtures
Community & neighborhood
Location
- Region: Michigamme
- Subdivision: Cardinal Point
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $391 annually
- Association name: Cardinal Point Homeowner Association
Other
Other facts
- Listing terms: Cash,Conventional,VA Loan
- Ownership: Private
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 10/10/2025 | Sold | $744,000-0.7%$303/sqft |
Source:  Upper Peninsula AOR #50176674 | ||
| 9/5/2025 | Pending sale | $749,000$305/sqft |
Source: Upper Peninsula AOR #50176674 | ||
| 8/11/2025 | Price change | $749,000-3.4%$305/sqft |
Source: Upper Peninsula AOR #50176674 | ||
| 5/31/2025 | Listed for sale | $775,000+1007.1%$316/sqft |
Source: Upper Peninsula AOR #50176674 | ||
| 11/27/2019 | Sold | $70,000$29/sqft |
Source: Agent Provided | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,916 +556.2% | $85,100 -4% |
| 2023 | $597 -65.4% | $88,600 +146.1% |
| 2022 | $1,724 -22.8% | $36,000 -1.1% |
Find assessor info on the county website
Neighborhood: 49861
Nearby schools
GreatSchools rating
- NARepublic-Michigamme SchoolGrades: PK-12Distance: 11.3 mi
Schools provided by the listing agent
- District: Republic Michigamme Schools
Source: Upper Peninsula AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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