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For sale
$799,900
2beds
760sqft

7940 S River Rd, Cheboygan, MI 49721

2beds
760sqft
Single family residence
Built in 1956
55.61 Acres
No data
$1,053 price/sqft

What's special

Nestled among towering trees

LEGACY PROPERTIES LIKE THIS RARELY COME TO MARKET! Offering approximately 1,357 feet of frontage on the beautiful Black River, part of Michigan's famed Inland Waterway, and more than 55 acres across two parcels, this remarkable property has been cherished by the same family for generations. Nestled among towering trees is a ...

18 days
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Source: WWMLS,MLS#: 201841332MLS Logo
Travel times

Living Room

Bedroom

Bathroom

Zillow last checked:

Listing updated:

Listed by:

Jacqueline Kimball 989-278-9052,

Real Broker LLC - Petoskey 855-450-0442

Source: WWMLS,MLS#: 201841332MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
Heating
  • Oil
Appliances
  • Included: Range/Oven, Refrigerator, Microwave
  • Laundry: None
Features
  • Basement: None
Interior area
  • Total structure area: 760
  • Total interior livable area: 760 sqft
  • Finished area above ground: 760

Property

Features
  • On waterfront: Yes
  • Waterfront features: Inland Waterway
  • Body of water: Black River
Lot
  • Size: 55.61 Acres
  • Dimensions: 55.61
  • Features: Natural
Details
  • Parcel number: 10402710000200 & 10402720000100
  • Special conditions: Trust

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subtype: Single Family Residence
Materials
  • Foundation: Crawl
Condition
  • Year built: 1956

Utilities & green energy

  • Sewer: Septic Tank

Community & HOA

Community
  • Subdivision: T37N, R1W
Location
  • Region: Cheboygan

Financial & listing details

  • Price per square foot: $1,053/sqft
  • Tax assessed value: $359,200
  • Annual tax amount: $2,961
  • Date on market: 7/7/2026
  • Listing terms: Cash,Conventional Mortgage
  • Road surface type: Gravel, Maintained

Price history

DateEventPrice
7/7/2026Listed for sale$799,900$1,053/sqft
Source: WWMLS #201841332 Report a problem

Public tax history

YearProperty taxesTax assessment
2025$2,961 +5%$179,600 +4%
2024$2,819 +3.6%$172,700 +6.9%
2023$2,722 +3%$161,600 +9.8%
2022$2,644 $147,200 +18.9%
2021-- $123,800 +7.6%
2020-- $115,100 +0.2%
2019-- $114,900 +0.6%
2018-- $114,200 +2%
2017-- $112,000 +0.5%
2016-- $111,400 -1.8%
2015-- $113,400 -7.4%
2014-- $122,500 -3.8%
2012-- $127,300 -0.4%
2011-- $127,800 -8.1%
2010-- $139,000

Find assessor info on the county website

Monthly payment

Est. payment
$4,597/mo
Principal & interest
$3977
Property taxes
$620
More affordability toolsChevron Right

Estimated market value

$768,900

$730,000 - $807,000

$1,362/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 49721

Nearby schools

East Elementary School
Grades K-35.1 miles
N/A
GreatSchools® Rating
Cheboygan Area High School
Grades 8-125.4 miles
6/10
GreatSchools® Rating
College Readiness Rating
7/10
Student Progress Rating
5/10
Cheboygan Middle School
Grades 4-125.4 miles
N/A
GreatSchools® Rating