This sprawling property is perched on top of St. Martin Hill above the city of Munising and Munising Bay. The â??Lâ?? shaped configuration of this parcel lends itself to future division and development. However, you may choose to keep the entire 117 acres intact for your own expansive estate inside the city limits of Munising. The property has over one-half mile of frontage on Gage Road, so your options for the future of this property are wide open. The rolling forested terrain will accommodate any plans you have.
This property has over a mile of mainland frontage on the northwestern shore of Sixteenmile Lake, but thatâ??s just the beginning. It also contains the majority of two islands, with the remainder of the islands held by the Hiawatha National Forest or the Michigan DNR. The mainland area has roughly 127 acres to go along with its vast shoreline. One of the island properties has an estimated 31 acres and another mile of frontage. The smaller island property contains about six acres and over 1,000 feet of frontage. Seasonal access is available to the mainland parcel via FR2396 through the Hiawatha National Forest. Overall this property has about 165 acres with over two miles of frontage on one of the most well-known lakes in the area. Itâ??s bordered by the Hiawatha National Forest on the north and south, and commercial forestlands to the west. This unique property offers the rare combination of privacy and seclusion on a very scenic developed lake. Call today, this one won't last long!
PRICE RECUDED!!! Now offered at $399,000 Truly "ONE OF A KIND" home rarely found in Munising - stately 3 story with hardwood floors and restored wood work throughout, 5 bedrooms, 2.5 bath, formal dining room, spacious living room with fireplace, family room/den with pocket doors, compact efficient kitchen, upper level deck off one of the bedrooms overlooking beautiful Lake Superior's Munising Bay. A roofed front porch, detached oversized 2 car garage with work shop and separate unfinished bungalow for "mother-in-law" or guests. The 5th bedroom is located on the 3rd floor with two dormers and could easily be used as a master suite!! NEW ROOF ON BOTH HOUSES August 2023. Currently used as a vacation rental.
The median home value in Munising, MI is $98,500. This is lower than the county median home value of $133,400. The national median home value is $219,700. The average price of homes sold in Munising, MI is $98,500. Approximately 47.62% of Munising homes are owned, compared to 20.38% rented, while 32.01% are vacant. Munising 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 Munising real estate agent to arrange a tour today!
Munising, Michigan 49862 has a population of 2,307. Munising 49862 is more family-centric than the surrounding county with 20.15% of the households containing married families with children. The county average for households married with children is 18.1%.
The median household income in Munising, Michigan 49862 is $34,152. The median household income for the surrounding county is $42,647 compared to the national median of $57,652. The median age of people living in Munising 49862 is 46.9 years.
The average high temperature in July is 74.1 degrees, with an average low temperature in January of 11.3 degrees. The average rainfall is approximately 32.1 inches per year, with 152.1 inches of snow per year.