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  • $220,000

    576 Red Rd, Michigamme, MI 49861

    --beds
    --baths
    1.06Acres
    Vacant Land
    Built in ----
    1.06 Acres Lot
    $238,500 Zestimate®
    $--/sqft
    $834 Estimated rent

    Home value

    $238,500

    $212,000 - $267,000

    $834/mo

    Zestimate® history
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    $834/mo

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    $1,790/mo

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    $1,790/mo

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    What's special

    Seize the rare opportunity to own a buildable lot with 209 feet of pristine frontage on the breathtaking shores of Lake Michigamme! This one-acre parcel is a nature lover's dream, offering not only stunning views but also a host of amenities for immediate enjoyment. The property includes a cozy bunkhouse equipped with electricity, and is perfect as a temporary stay while you build your dream home. Relax and unwind in the inviting sauna, and gather with friends and family around the newly constructed fire pit area, designed for memorable evenings under the stars. A concrete dock is already in place, providing easy access for boating, fishing, and swimming. Don’t miss your chance to create your own lakeside haven on this exceptional piece of land.

    Zillow last checked: 8 hours ago

    Listing updated: June 27, 2024 at 06:31am

    Listed by:

    SINDY JENSEN 906-235-1851,

    RE/MAX 1ST REALTY 906-225-1136

    Bought with:

    CAROL H BRADY, 6502321437

    SELECT REALTY

    Source: Upper Peninsula AOR,MLS#: 50142648MLS LogoOriginating MLS: Upper Peninsula Assoc of Realtors

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: Water, Lake
    • Has water view: Yes
    • Water view: Water,Lake
    • Waterfront features: Lake Front, Lake/River Access, Waterfront, All Sports Lake, Interior Lake, Sandy Bottom
    • Body of water: Lake Michigamme
    • Frontage type: Waterfront
    • Frontage length: 209
    Lot
    • Size: 1.06 Acres
    • Dimensions: 200 x irregular
    • Features: Large Lot - 65+ Ft., Platted, Sloped, Partially Wooded, Fire Pit
    Details
    • Additional structures: Guest House, Sauna
    • Parcel number: 520960002200
    • Zoning: LSR
    • Zoning description: Residential
    • Special conditions: Standard

    Utilities & green energy

    • Sewer: None
    • Water: None
    • Utilities for property: Electricity Connected

    Community & neighborhood

    Community
    • Community features: Cement Dock
    Location
    • Region: Michigamme
    • Subdivision: Cardinal Point Sub

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $478 annually
    • Services included: Snow Removal
    • Association name: Cardinal Point Property Owners

    Other

    Other facts
    • Listing terms: Cash,Conventional,Conventional Blend
    • Ownership: LLC
    • Road surface type: Gravel, Paved, Dirt

    Price history

    DateEventPrice
    6/25/2024Sold$220,000+10.3%
    Source: Upper Peninsula AOR #50142648
    6/1/2024Pending sale$199,500
    Source: Upper Peninsula AOR #50142648
    5/23/2024Listed for sale$199,500+18.8%
    Source: Upper Peninsula AOR #50142648
    12/28/2021Sold$168,000+12.1%
    Source: Upper Peninsula AOR #10046793
    11/26/2021Pending sale$149,900
    Source: Upper Peninsula AOR #1130948

    Public tax history

    YearProperty taxesTax assessment
    2024$4,164 +196.5%$83,300 -3.5%
    2023$1,404 -55.4%$86,300 +1.9%
    2022$3,145 -16.8%$84,700 +27.6%

    Find assessor info on the county website

    Neighborhood: 49861

    Nearby schools

    GreatSchools rating
    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.