Josh Stein - Northen Michigan Land Brokers
405 Shelden Avenue
Houghton, MI 49931
906.523.5575 Office
906.370.4898 Cell
906.523.5650 FAX
 
 
NEAR GAYLORD LAKE
MARENISCO, MI 49947

$649,000

 
 
 
PROPERTY DESCRIPTION

REDUCED! Wilderness lakeside retreat! Situated on wild Gaylord Lake just N of Presque Isle, this stunning property has 48.3 acres, 2,618’ sand/stone frtg, charming rustic cabin, outbuildings, pvt peninsula, maple trees & a sense of privacy like nowhere else. Current price reflects a frontage value of only $248/ft, which is well below neighboring lake front values. Whether your passion is hunting, fishing, nature or making maple syrup! The frtg encompasses almost the whole E end of the 80-acre lake where fish are abundant and Canadian views are everywhere. Explore ppty on groomed trails plus 100s of miles of ATV & snowmobile trails to access right from property! Adjacent 4.16 acre parcel with 570’ more feet of frontage is also available. The seller will consider a land contract, 1031 exchange or other alternatives. Property can be enrolled in Managed Forest Program to cut taxes…seller currently pays $971/yr in ppty taxes & will help new owner w/strategies to keep taxes down.

 
UTILITIES, HEATING & COOLING

Electric: None

 

Natural Gas: No

Sewer: Other

Water: None

Cable: No

 

Telephone: No

Propane Tanks:

 

Air Conditioning:

Heat:

 

Supplemental Heat:

 
 
 
LISTING DETAILS

MLS# 1118420

Listing Office:
Coldwell Banker Mulleady

Listing Agent:
Harris, Andrew

LOCATION
NEAR GAYLORD LAKE
Marenisco, MI 49947

County: Gogebic

School District: Wakefield / Marenisco

Property Tax Area: Marenisco Township

Waterfront: Interior Lake
Water View: Interior Lake
Shoreline: Pebble,Rocky,Sand

Road Access: Year Round

 
DETAILS
Body of Water Gaylord Lake
Acres (Approx.) 48.30
Lot Dimensions 1450x1450
Terrain Combination,Flat
Road
Wooded Yes
Status: Active
 
 
 
PHOTOS