Sold
Last Sold Price
1,742,400 Lot Size40 Acres
N497 Stone Road, Rapid River, MI 49878
LandProperty Type
40 acresLot Size

Description

40 acres of farm land on the Whitefish River. This property is in the heart of central Upper Michigan. The barn is 30 x 90 and has been reinforced in the middle with concrete and cables. It also has a drilled well and electric. Great place to farm and or build your home with the ample river frontage. Make your dreams a reality.40 acres of farm land on the Whitefish River. This property is in the heart of central Upper Michigan. The barn is 30 x 90 and has been reinforced in the middle with concrete and cables. It also has a drilled well and electric. Great place to farm and or build your home with the ample river frontage. Make your dreams a reality.
  • Listed by: STACEY MASTERS 906.202.3312 staceymasters@remax.net • RE/MAX SUPERIORLAND
Listing closed: 01/03/2025 12:00 AM • Source: MiRealSource, MLS#: 50161332

Recent comparable sales

Median sold price

$129,000

Avg days on market

74

Sale-to-list ratio

85.7%

Rapid River, MI

9 comparable properties found

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1

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Square Feet
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$58,500 | Tbd Winters Road, Rapid River, MI 49878
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$65,000 | Tbd June Road, Rapid River, MI 49878
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$155,000 | Tbd 8.49 Acres On R 75 Lane, Rapid River, MI 49878
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$138,000 | Tbd Squaw Creek Road, Rapid River, MI 49878
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$130,000 | Tbd Tbd Off Cr503 Rapid River, Rapid River, MI 49878
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Bedrooms
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Bathrooms
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Square Feet
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$180,000 | 8321 Garth Point Lane, Rapid River, MI 49878
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$129,000 | 120-acres East Stonington Aa 5 Road, Rapid River, MI 49878
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Bedrooms
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Bathrooms
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Square Feet
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Acres

Location

Listing Courtesy of RE/MAX SUPERIORLAND

Sold By COLDWELL BANKER SCHMIDT REALTORS

Add your commute

Payment Calculator

$824 per month

30 year fixed, 6.71% Interest

Principal and Interest

$801

Property Taxes

$23

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for N497 Stone Road

Property Details
  • Taxes: $272 / year
  • MLS Type: Land
  • County: Alger County
  • Architectural Style: Vacant Land
  • Waterfront Features: River Front
  • Has Waterfront: Yes
  • Zoning: Resource Production, RP
  • Zoning Description: Agricultural,Residential
Building Information
  • Lot Size: 40.00 AC
Summary
Location and General Information
  • Directions: M-28 to M-94. Turn left on M-67 to the town of Ternary. Turn left on Main Street and turn left on Timonen Rd. The first right is Stone Road. Follow to the property on the left.
  • Latitude: 46.168168
  • Longitude: -86.965079
  • MLS Area Major: Mathias Twp (02010)
  • Water Body Name: Whitefish River
Taxes and HOA
  • Association: No
  • Parcel Number: 005-132-004-00 & 005-131-002-0
  • Tax Annual Amount: $272.14
  • Tax Year: 2023
Property
Lot Information
  • Frontage Length: 1320.0
  • Frontage Type: Waterfront
  • Lot Size Acres: 40.0
  • Road Surface Type: Dirt
Property and Assessments
  • Property Type: Land
Building Features
  • Other Structures: Barn(s)
Farm Information
  • Horse: Yes
Utilities
  • Utilities: Electricity Connected, Water Connected, Electricity Available, Sewer Not Available
  • Water Source: Well

Property History for N497 Stone Road

DateEvent & SourcePriceAppreciation
Jan 3, 2025

Sold

MiRealSource #50161332

$155,000
Nov 21, 2024

Contract Signed

MiRealSource #50161332

Nov 18, 2024

Listed (Active)

MiRealSource #50161332

$139,900
DateEvent & SourcePrice
01/03/2025

Sold

MiRealSource #50161332

$155,000
11/21/2024

Contract Signed

MiRealSource #50161332

11/18/2024

Listed (Active)

MiRealSource #50161332

$139,900

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

Schools near N497 Stone Road

This home is within Superior Central School District.
Rating
School
Type
Grades
Distance
Public - PK to 12
Rating
School
Distance
Superior Central 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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: N497 Stone Road, Rapid River, MI 49878
$155,000
1,742,400
871,200
1,589,940
1,742,400
556,992
$180,000
2
700
990,118

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 RE/MAX SUPERIORLAND

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.