Sold
Last Sold Price
3 beds2,387 sqft$86/sqft
540 Cardinal Red Road, Michigamme, MI 49861
Single FamilyProperty Type
1.16 acresLot Size
1978Year Built
$86/sq ftPrice per sq ft
2 carsParking Spaces

Description

Motivated seller! Great opportunity to live on Lake Michigamme, in this three bedroom ranch home. The home sits on a 1+ acre lot with 112' of lake-frontage. The main level consists of a good size kitchen, large dining area, living room with a wood burning stove to keep you cozy during our winter months, two bedrooms, full bathroom and laundry room. Enjoy your morning coffee on your balcony with a beautiful view of the lake. The walk out basement has a huge family room with a wood burning fireplace...Motivated seller! Great opportunity to live on Lake Michigamme, in this three bedroom ranch home. The home sits on a 1+ acre lot with 112' of lake-frontage. The main level consists of a good size kitchen, large dining area, living room with a wood burning stove to keep you cozy during our winter months, two bedrooms, full bathroom and laundry room. Enjoy your morning coffee on your balcony with a beautiful view of the lake. The walk out basement has a huge family room with a wood burning fireplace and patio doors to the concrete patio with a lake view. The third bedroom and second bathroom is also in the basement along with a work shop and utility room. This home is in need of some updating, and is priced accordingly. There is an adjoining unimproved lot with a 26x36 pole building which will be made available to purchase for $105,000 to the purchaser of the home. This lot will NOT be sold before the home.
  • Listed by: PAUL WOLFSON 906.360.2772 PaulTWolfson@gmail.com • SELECT REALTY
Listing closed: 08/04/2016 12:00 AM • Source: MiRealSource, MLS#: 10022749

Recent comparable sales

Median sold price

$170,000

Avg days on market

77

Sale-to-list ratio

89.4%

Michigamme, MI

9 comparable properties found

$744,000 | 509 Red Road, Michigamme, MI 49861
1/74
1

$744,000

Sold 10/10/25

3
Bedrooms
2,454
Square Feet
1.73
Acres
$185,000 | 90 Green Road, Michigamme, MI 49861
1/40
2

$185,000

Sold 07/31/26

3
Bedrooms
960
Square Feet
0.87
Acres
$170,000 | 118 East Lake Street, Michigamme, MI 49861
1/13
3

$170,000

Sold 04/21/25

2
Bedrooms
1,299
Square Feet
0.5
Acres
$445,000 | 1868 Brass Road, Michigamme, MI 49861
1/54
4

$445,000

Sold 04/03/26

3
Bedrooms
1,310
Square Feet
2.84
Acres
$140,000 | 220 West Railroad Street, Michigamme, MI 49861
1/53
5

$140,000

Sold 03/31/25

3
Bedrooms
1,095
Square Feet
0.25
Acres
$447,500 | 106 Green Road, Michigamme, MI 49861
1/36
6

$447,500

Sold 10/07/25

5
Bedrooms
2,120
Square Feet
1.08
Acres
$131,000 | 327 West Lake Street, Michigamme, MI 49861
1/45
7

$131,000

Sold 01/31/25

3
Bedrooms
1,398
Square Feet
0.51
Acres
$45,000 | 335 3rd Street, Michigamme, MI 49861
1/45
8

$45,000

Sold 05/21/25

3
Bedrooms
1,284
Square Feet
0.26
Acres
$32,455 | 25552 Imperial Heights Road, Michigamme, MI 49861
1/68
9

$32,455

Sold 09/24/24

3
Bedrooms
1,644
Square Feet
3.83
Acres

Location

Listing Courtesy of SELECT REALTY

Sold By CENTURY 21 PRIME REALTY

Add your commute

Payment Calculator

$1,042 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,042

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 540 Cardinal Red Road

Property Details
  • MLS Type: Residential / Single Family Residence
  • Waterfront Features: Lake Front, Lake
  • Has Waterfront: Yes
  • Zoning: R-1
Building Information
  • Stories: 1
  • Year Built: 1978
  • Lot Size: 1.16 AC / 50,529 SF
Summary
Location and General Information
  • Directions: US 41 to Michigamme-right on Main Street to end-left on Mesnard to Cardinal Red Road, past cemetery and up hill-turn left to "540."
  • Latitude: 46.525363
  • Longitude: -88.06771
  • MLS Area Major: Michigamme Twp (52018)
  • Water Body Name: Lake Michigamme
Taxes and HOA
  • Parcel Number: 5209-600-007-00
Parking
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
Property
Lot Information
  • Lot Size Acres: 1.16
Property and Assessments
  • Above Grade Finished Area: 1326.0
  • Below Grade Finished Area: 1061.0
  • Building Area Total: 2652.0
  • Living Area: 2387.0
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1978
Building Features
  • Accessibility Features: Accessible Entrance
  • Construction Materials: Wood Siding
  • Total Stories: 1
Utilities
  • Sewer: Septic Tank
  • Water Source: Well, Private
Interior and Exterior Features
Exterior Features
  • Patio And Porch Features: Porch
Interior Features
  • Appliances: Dishwasher, Range, Oven
  • Basement: Full
  • Has Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Has Cooling: No
  • Has Fireplace: Yes
  • Heating: Electric, Wood
  • Has Heating: Yes
Room Information
Room 1
  • Dimensions: 12x12
  • Length: 12.0
  • Level: First
  • Type: Bedroom 4
  • Width: 12.0
Room 2
  • Dimensions: 20x20
  • Length: 20.0
  • Level: Basement
  • Type: Family Room
  • Width: 20.0
Room 3
  • Dimensions: 15x19
  • Length: 15.0
  • Level: First
  • Type: Living Room
  • Width: 19.0
Room 4
  • Dimensions: 12x13
  • Length: 12.0
  • Level: First
  • Type: Kitchen
  • Width: 13.0
Room 5
  • Dimensions: 12x13
  • Length: 12.0
  • Level: First
  • Type: Bedroom 1
  • Width: 13.0
Room 6
  • Dimensions: 12x13
  • Length: 12.0
  • Level: Basement
  • Type: Bedroom 3
  • Width: 13.0
Room 7
  • Dimensions: 10x12
  • Length: 10.0
  • Level: First
  • Type: Bedroom 2
  • Width: 12.0

Property History for 540 Cardinal Red Road

DateEvent & SourcePriceAppreciation
Aug 4, 2016

Sold

MiRealSource #10022749

$205,000
Jul 6, 2016

Contract Signed

MiRealSource #10022749

May 17, 2016

Listed (Active)

MiRealSource #10022749

$225,000
DateEvent & SourcePrice
08/04/2016

Sold

MiRealSource #10022749

$205,000
07/06/2016

Contract Signed

MiRealSource #10022749

05/17/2016

Listed (Active)

MiRealSource #10022749

$225,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 540 Cardinal Red Road

This home is within Republic-Michigamme Schools.
Rating
School
Type
Grades
Distance
Public - PK to 12
Rating
School
Distance
Republic-Michigamme School
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 49861

$114,800 | Tbd Off King Lake Road, Michigamme, MI 49861
1/39

$114,800

1
Bedrooms
Unavailable
Bathrooms
960
Square Feet
40
Acres
$369,900 | 26783 Imperial Heights Road, Michigamme, MI 49861
1/56
Keep Showing - Contgcy Appl

$369,900

4
Bedrooms
2,415
Square Feet
23.40
Acres
$199,000 | 209 East Main Street, Michigamme, MI 49861
1/39

$199,000

2
Bedrooms
1,740
Square Feet
0.52
Acres
$695,000 | 541 Red Road, Michigamme, MI 49861
1/48
Keep Showing - Contgcy ApplNew Construction

$695,000

4
Bedrooms
2,369
Square Feet
0.59
Acres
$799,000 | 137 Brown Road, Michigamme, MI 49861
1/82

$799,000

3
Bedrooms
3,600
Square Feet
0.46
Acres
$1,250,000 | 26597 Fence Lake Road, Michigamme, MI 49861
1/74

$1,250,000

4
Bedrooms
3,100
Square Feet
20.49
Acres
$1,899,900 | Ramsey I Ramsey I Other, Michigamme, MI 49861
1/99

$1,899,900

4
Bedrooms
2,872
Square Feet
9.03
Acres
$1,299,900 | 279 Black Road, Michigamme, MI 49861
1/75
Virtual Tour

$1,299,900

6
Bedrooms
4,808
Square Feet
0.78
Acres
$30,000 | 112 East Railroad Street, Michigamme, MI 49861
1/20

$30,000

2
Bedrooms
1,265
Square Feet
0.11
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 540 Cardinal Red Road, Michigamme, MI 49861
$205,000
3
2,387
50,529
$390,650
4
2,144
39,204
$140,000
2
1,200
43,560
2
1,008
45,302
$613,627
23,565,960
$55,000
34,848

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of SELECT REALTY

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.