Last Sold Price
228,254 Lot Size5.24 Acres
Lot 20 University Road, Iron River, MI 49935

Description

Aesthetics are golden on Golden Lake which is located between Iron River and Watersmeet, in Michigan's Upper Peninsula. This wooded 5.24 acre surveyed parcel has power and phone on site and is ready for development. Gently sloping starting with Maples and mixed hardwoods and gradually adding Hemlocks closer to the waters edge. The 260.83 feet of shoreline is rock, sand and some light vegetation from non-use., otherwise hard bottom. Facing East, early birds will catch the morning sunrises. Could be...Aesthetics are golden on Golden Lake which is located between Iron River and Watersmeet, in Michigan's Upper Peninsula. This wooded 5.24 acre surveyed parcel has power and phone on site and is ready for development. Gently sloping starting with Maples and mixed hardwoods and gradually adding Hemlocks closer to the waters edge. The 260.83 feet of shoreline is rock, sand and some light vegetation from non-use., otherwise hard bottom. Facing East, early birds will catch the morning sunrises. Could be ideal for an exposed walk out foundation. Golden Lake is full recreational, is approximately 285 acres and up to 100' deep, known for Walleye and Trout among smaller species. Excellent wooded building site with neighboring elbow room. Common sense Covenants in place for the enjoyment of all.
LISTING CLOSED: 09/20/2023 11:00 PM

  1. Listed by PUNNER FRANZENE • U.P. RIVERLAND REALTY
    P: (906) 367-0960 C: (906) 367-0960 punner@upriverland.com

Property Details for Lot 20 University Road

Status
MLS #
50110126
Days on Market
106
Taxes
$540 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land
Year Built
-
Lot Size
5.24 AC
Architectural Style
Vacant Land
View
Lake
Has View
Yes
Waterfront Features
Lake Front, Lake
Has Waterfront
Yes
Zoning
Residential Lake Area
Zoning Description
Residential

Recent comparable sales

Median sold price

$125,500

Avg days on market

53

Sale-to-list ratio

88.6%

Iron River, MI

9 comparable properties found

$155,000 | Tbd University Road, Iron River, MI 49935
1/9
1

$155,000

Sold 01/21/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
4.27
Acres
$155,000 | Tbd University Road, Unit LOT 2, Iron River, MI 49935
1/9
2

$155,000

Sold 01/21/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
4.27
Acres
$157,500 | Tbd University Road, Unit LOT 13, Iron River, MI 49935
1/29
3

$157,500

Sold 12/04/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
4.47
Acres
$40,000 | Lot 1 Federal Forest Highway, Iron River, MI 49935
1/12
4

$40,000

Sold 07/10/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
8.11
Acres
$121,000 | 60 A Ward's Trail, Iron River, MI 49935
1/10
5

$121,000

Sold 09/25/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
60
Acres
$114,000 | Tbd Pond Road, Unit 21 17 ACRES, Iron River, MI 49935
1/50
6

$114,000

Sold 09/19/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
25
Acres
$120,000 | Undisclosed Address, Iron River, MI 49935
1/2
7

$120,000

Sold 03/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
80
Acres
$115,000 | Tbd Pond Road, Iron River, MI 49935
1/27
8

$115,000

Sold 08/14/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
21.17
Acres
$130,000 | Off Off Cth H Iron River, Iron River, WI 54847
1/8
9

$130,000

Sold 03/10/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
8.7
Acres

Location

Listing Courtesy of U.P. RIVERLAND REALTY

Sold By U.P. RIVERLAND REALTY

Add your commute

Building Information for Lot 20 University Road

Lot Size5.24 AC

Payment Calculator

$655 per month

30 year fixed, 6.55% Interest

Principal and Interest

$610

Property Taxes

$45

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for Lot 20 University Road

Summary
Location and General Information
  • Cross Street: US Hwy 2
  • Directions: From stop and go light in Iron River go West on US2 approximately 14 miles to UNIVERSITY ROAD on Right. Go appox. 0.9 miles to lot on the Right - There is a post showing lot 19/20. This is LOT 20 to the Left of THAT post. You will also follow that to the next post which says Lot 20/21. Lot 20 is Right of THAT post.
  • MLS Area Major: Stambaugh Twp (36014)
  • Water Body Name: Golden Lake
Taxes and HOA
  • Association: No
  • Parcel Number: 36007-275-005-20
  • Tax Annual Amount: $539.53
  • Tax Year: 2022
Property
Lot Information
  • Frontage Length: 260.0
  • Frontage Type: Waterfront
  • Lot Features: Sloped, Wooded
  • Lot Size Acres: 5.24
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Gravel
Property and Assessments
  • Property Type: Land
Utilities
  • Utilities: Electricity Available, Natural Gas Not Available, Phone Available, Sewer Not Available, Water Not Available

Property History for Lot 20 University Road

DateEvent & SourcePriceAppreciation
Sep 20, 2023

Sold

MiRealSource #50110126

$120,000
Sep 7, 2023

Contract Signed

MiRealSource #50110126

May 24, 2023

Listed (Active)

MiRealSource #50110126

$129,900
DateEvent & SourcePrice
09/20/2023

Sold

MiRealSource #50110126

$120,000
09/07/2023

Contract Signed

MiRealSource #50110126

05/24/2023

Listed (Active)

MiRealSource #50110126

$129,900

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

Schools near Lot 20 University Road

This home is within West Iron County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 6 to 12
Rating
School
Distance
Stambaugh Elementary School
PublicPK to 6

West Iron County High School
Public6 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.

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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 U.P. RIVERLAND 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.