For Sale
$8,500,000

19210 Mamie Lk Rd Watersmeet, MI 49969

16-Acre Waterfront Estate, $8.5M

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 16-acre commercial property in Watersmeet, Michigan (APN: 06-31-504-400; 900; 505-200), offers a unique investment opportunity. Priced at $8,500,000, with a price per acre ranging from $840 to $849, the land is zoned for residential use and boasts over a mile of stunning shoreline on the Cisco Chain of Lakes. The property includes a custom-built log home featuring seven bedrooms and eight bathrooms, showcasing high-end finishes throughout. Amenities include a spectacular great room with 32-foot cathedral ceilings and a fieldstone fireplace, a chef's kitchen designed for large gatherings, a dining area accommodating 20-24 guests, and a master suite with 18-foot ceilings and a gas fireplace. Additional features include four en-suite bedrooms with terraces, a lower-level family area with a game room and sauna, a workshop, an attached garage, covered boat parking for three or more boats, and a dedicated fish cleaning house with live wells and bait storage. The property also features two islands, one of which is an eagle habitat, and a pond with waterfalls. This fee simple, privately owned property presents a rare opportunity for a discerning buyer seeking a luxurious waterfront retreat or a unique commercial venture. The property's location in Gogebic County, Michigan, zip code 49969, provides easy access to outdoor recreation and natural beauty. Five parking spaces are available on the property.

Highlights

  • $8,500,000 asking price.
  • 16-acre commercial land parcel.
  • Residential zoning permitted.
  • $840-$849/acre land value.
  • 5 parking spaces.

Property Details for 19210 Mamie Lk Rd

Property type
Land
Lot Size (sq. ft)
696,960 SF

Location Insight

City
Watersmeet
County
Gogebic
State
Michigan
Latitude
46.2450049
Longitude
-89.2528845

FAQs

What type of property is this?
Land - 16-Acre Waterfront Estate, $8.5M
Where is the land located?
The property is located at 19210 Mamie Lk Rd Watersmeet, MI.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: $8,500,000 asking price.; 16-acre commercial land parcel.; Residential zoning permitted.
How can I contact the broker?
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19210 Mamie Lk Rd
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