Great opportunity to build on your own very private 4.5 acre parcel off Oak Ridge Lane in the City of Houghton! Or perhaps develop in collaboration with the City. As is, the parcel may be served by installing a well and septic. Wooded with many choices to build your dream home today! It is the buyers responsibility to verify easements, development regulations, and ordinances affecting this property.
Overlooking it all, this is your chance to acquire the hottest property in the City of Houghton! Over 61 acres that includes rolling hardwood ridges, a pond, and unparalleled views of Houghton/Hancock. Parcel borders Wal-Mart and Aspirus Hospital to the north, and the Copper Country mall to the west. Gorgeous land in a PRIME location. Great developmental opportunity, or a place to build an exclusive estate overlooking the area. This would make a solid 1031 exchange. Property has legal access from the City of Houghton. Great investment.
The median home value in Houghton, MI is $239,500. This is higher than the county median home value of $126,400. The national median home value is $338,100. The average price of homes sold in Houghton, MI is $239,500. Approximately 30.83% of Houghton homes are owned, compared to 61.54% rented, while 7.64% are vacant. Houghton real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Houghton real estate agent to arrange a tour today!
Houghton, Michigan has a population of 7,675. Houghton is less family-centric than the surrounding county with 28.04% of the households containing married families with children. The county average for households married with children is 30.83%.
The median household income in Houghton, Michigan is $24,660. The median household income for the surrounding county is $48,623 compared to the national median of $69,021. The median age of people living in Houghton is 21.9 years.
The average high temperature in July is 76.4 degrees, with an average low temperature in January of 7.4 degrees. The average rainfall is approximately 31.6 inches per year, with 201.8 inches of snow per year.