Sold
Last Sold Price
101,494 Lot Size2.33 Acres
962 Gold Road, Unit 1, Michigamme, MI 49879
LandProperty Type
2.33 acresLot Size

Description

Real Estate investment opportunity on Lake Michigamme. If you're looking for a waterfront building lot, a parcel on Lake Michigamme, or just a good investment, this is the place to start. Compare to others on Lake Michigamme or similar lakes, and you'll appreciate the value of this ready to build parcel. We have priced this parcel at the lowest available dollar per foot available on Lake Michigamme. This price is usually seen only on smaller inland lakes or lots that are undeveloped or challenged....Real Estate investment opportunity on Lake Michigamme. If you're looking for a waterfront building lot, a parcel on Lake Michigamme, or just a good investment, this is the place to start. Compare to others on Lake Michigamme or similar lakes, and you'll appreciate the value of this ready to build parcel. We have priced this parcel at the lowest available dollar per foot available on Lake Michigamme. This price is usually seen only on smaller inland lakes or lots that are undeveloped or challenged. Buy into a developed property on a high quality lake with proven values over double this asking price. If you've been thinking of getting your feet wet in a Real Estate investment, there is no better opportunity on the market today. This lot is unique in several ways. There is a high level building site that has been cleared and graveled with great views of the Southern portion of Lake Michigamme. An electric meter is installed and there is a travel trailer currently on site. Down the hill towards the lake frontage there is another cleared area which could also be used as a building site for those who prefer to be near the water's edge. This has an easement drive from the main road and the area is a semi cleared lawn with plenty of room for a dwelling. The parcel has a small pond and drainage that has been managed. There is direct water access where you can install a dock as well as a great place to build a sauna near the lake shore. The lot has beautiful large timber and is extremely well managed for a vacant parcel. It is one of the last lots on Gold Road behind a locked gate for added privacy. The roads are in great condition and the lot could be accessed year round. Use it as a building site, or an affordable private lot for an RV. Either way, this lot is skillfully and thoughtfully improved adding great value to this parcel and making it a great opportunity for the offered price. Look for yourself and compare to the competition.
  • Listed by: ROB A SULLIVAN 906.362.3337 robsullivan39@hotmail.com • NORTHERN MICHIGAN LAND BROKERS
Listing closed: 08/24/2016 12:00 AM • Source: MiRealSource, MLS#: 10051765

Recent comparable sales

Median sold price

$61,000

Avg days on market

137

Sale-to-list ratio

89.6%

Michigamme, MI

9 comparable properties found

$180,500 | 16928 Gold Road, Michigamme, MI 49861
1/17
1

$180,500

Sold 10/08/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.55
Acres
$61,000 | Tbd Timberland Trail, Michigamme, MI 49861
1/12
2

$61,000

Sold 12/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
40
Acres
$64,000 | Tbd 15-acres Tbd 15-acres Green Road, Michigamme, MI 49861
1/26
3

$64,000

Sold 09/11/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
15
Acres
$35,000 | Tbd South Brook Street, Michigamme, MI 49861
1/6
4

$35,000

Sold 07/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.26
Acres
$75,000 | 22004 South Olson Lake Road, Michigamme, MI 49861
1/15
5

$75,000

Sold 06/23/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.76
Acres
$65,000 | Lot 9 Petticoat Lake Road, Michigamme, MI 49861
1/6
6

$65,000

Sold 10/29/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
16.91
Acres
$6,500 | 337 3rd Street, Michigamme, MI 49861
1/8
7

$6,500

Sold 01/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.26
Acres
$22,500 | Tbd West Street, Michigamme, MI 49861
1/14
8

$22,500

Sold 02/13/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
19.83
Acres
$9,000 | Tbd West Main Street, Michigamme, MI 49861
1/10
9

$9,000

Sold 07/17/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.21
Acres

Location

Listing Courtesy of NORTHERN MICHIGAN LAND BROKERS

Sold By NORTHERN MICHIGAN LAND BROKERS

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Payment Calculator

$323 per month

30 year fixed, 6.55% Interest

Principal and Interest

$323

Property Taxes

$0

HOA Dues

$0

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Property Information for 962 Gold Road, Unit 1

Property Details
  • MLS Type: Land
  • Waterfront Features: Lake Front, Lake
  • Has Waterfront: Yes
  • Zoning: LR
Building Information
  • Lot Size: 2.33 AC
Summary
Location and General Information
  • Directions: From Cardinal Red Rd, take Dutchman Pt rd to Gold Rd. Stay on Gold until gate. About 1/4 mile past gate there is an address and driveway for the lot.
  • MLS Area Major: Republic Twp (52025)
  • Water Body Name: Lake Michigamme
  • Unit Number: #1
Taxes and HOA
  • Parcel Number: 521230800100
Property
Lot Information
  • Lot Size Acres: 2.33
  • Road Surface Type: Gravel
Property and Assessments
  • Property Type: Land
Utilities
  • Utilities: Electricity Available, Sewer Not Available

Property History for 962 Gold Road, Unit 1

DateEvent & SourcePriceAppreciation
Aug 24, 2016

Sold

MiRealSource #10051765

$63,500
Jul 9, 2016

Contract Signed

MiRealSource #10051765

Jul 30, 2013

Listed (Active)

MiRealSource #10051765

$99,900
DateEvent & SourcePrice
08/24/2016

Sold

MiRealSource #10051765

$63,500
07/09/2016

Contract Signed

MiRealSource #10051765

07/30/2013

Listed (Active)

MiRealSource #10051765

$99,900

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

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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 NORTHERN MICHIGAN LAND BROKERS

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.