Josh Stein - Northen Michigan Land Brokers
405 Shelden Avenue
Houghton, MI 49931
906.523.5575 Office
906.370.4898 Cell
906.523.5650 FAX
 
 
5205 OJIBWAY
MARENISCO, MI 49947

$564,000

 
 
 
PROPERTY DESCRIPTION

Residential - 1 1/2 Story,Camp or Cottage

Wooded acreage with rolling hills and mature hardwoods, including a large amount of northern maples , which is being used in the sapping process to make maple syrup. This 48.4 acre property is being used for a sugar shack operation adjacent to Gaylord Lake with access to this lake. Included on the property near the lake is a rustic 4 season cabin on blocks with LP gas and electricity to the site. There is a compost bathroom inside this cabin for the ladies and an outdoor privy for guys and or gals. This acreage is located on the east end of Gaylord Lake, an 80 acres lake, with exceptional sunsets and a picturesque views overlooking the island in the middle of the lake. There are 2600 feet of Gaylord Lake frontage priced at $217 per frontage foot and well below current nearby lake properties. Access to this property is possible from Presque Isle, Wi on the Pomeroy Lake Road from the south and from Michigan on the Ojibway/Moosehead/Gaylord Lake Road from the west about 2 miles off of State Highway M-64. Marenisco is 8 miles north with access to miles of snowmobile and ATV trails out your door in Wisc and Michigan. A separate 4.16 acre lot is for sale with a beautiful 570' sandy lake access entry to Gaylord lake at a discounted price when you purchase both properties. This beautiful lake lot is ready for purchase and development from this same owner- it is adjacent to this 48.6 acre parcel. Sold separately at a discounted $217 per frontage foot. Quiet and tranquil for you and nature and kept private with locking gates on the road leading into the property from the north and south. The owner can help with enrollment into a forest management program to help keep your taxes lower. Owners current property taxes on the entire 52.6 acres is $1007.06 per year as of 2019.

 
BUILDING & CONSTRUCTION

Foundation: Other

 

Basement: None

Construction: Conventional Frame

Garage: None

Fireplace: None

 

Exterior: Wood

Outbuildings: Shed

 

Accessibility:

First Floor Bath:

 

First Floor Bedroom: Yes

Foundation: Other

 

Basement: None

Green Features: None

 

Extras:

 
UTILITIES, HEATING & COOLING

Electric: Yes

 

Natural Gas: No

Sewer: Other

Water: None

Cable: No

 

Telephone: No

Propane Tanks: Owned

 

Air Conditioning: None

Heat: Wood

 

Supplemental Heat: None

 
 
 
LISTING DETAILS

MLS# 1124511

Listing Office:
First Weber, Inc

Listing Agent:
Trolla, Anthony

LOCATION
5205 OJIBWAY
Marenisco, MI 49947

County: Gogebic

School District: Wakefield / Marenisco

Property Tax Area: Marenisco Township

Waterfront: Interior Lake
Water View: Interior Lake
Shoreline: Mixed,Vegetation

Road Access: Seasonal

 
DETAILS
Total Bedrooms 2.00
Total Bathrooms 0.00
Est. Square Feet (Finished) 904.00
Acres (Approx.) 48.40
Lot Dimensions irregular-2,104,000sf
Year Built (Approx.) 1990
Status: Active
 
 
ADDITIONAL DETAILS
ROOM SIZE
Bedroom 1 10x10
Bedroom 2 10x16
Bedroom 3
Bedroom 4
Living Room
Dining Room
Dining Area
Kitchen
Family Room
Bathroom 1
Bathroom 2
Bathroom 3
 
 
PHOTOS