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NEAR GAYLORD LAKE , MARENISCO, MI 49947
See tax roll

$589,050
MLS# 1118420

 

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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.

 
LOCATION
Near Gaylord Lake
Marenisco, MI 49947

Price: $589,050

County: Gogebic

Tax ID #: See tax roll

School District: Wakefield / Marenisco

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

Road Access: Year Round

Directions: Listing Agent and Seller to accompany on all showings

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

Due to taxes and legal description TBD as parcel will be sectioned off prior to closing--all lot dimensions are an estimate based off of 48.3 acres.

 
 
UTILITIES, HEATING & COOLING

Electric: None

 

Natural Gas: No

Sewer: Other

Water: None

Cable: No

 

Telephone: No

Propane Tanks:

 

Air Conditioning:

Heat:

 

Supplemental Heat:

 
 
 
PAYMENT CALCULATOR
Loan Amount:
(enter numbers only)
Interest Rate: %
Repayment Period: YEARS
   
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* The Monthly Payment amount calculated may vary from the actual payment amount. Always consult your financial institution for actual amounts.

 

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Listing Office:
Coldwell Banker Mulleady

Listing Agent:
Harris, Andrew

 
 

Office: 906-988-2329 | Toll Free: 1-877-768-9846 | Fax: 906-988-2320

 

 
 
 

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