Sold
Last Sold Price
131,987 Lot Size3.03 Acres
Tbd Elizabeth Lane, Unit 12, River Rouge, MI 48218
LandProperty Type
3.03 acresLot Size

Description

Here's the level wooded waterfront parcel everyone's been looking for. On the western shore of Homan Lake nestled in the Ottawa National Forest this property offers great privacy on an outstanding lake that boasts clear water and fantastic fishing. Owned entirely by the Homan family since 1945, this no wake lake has no public access and all the parcels on the lake have a minimum of 350 feet of shoreline and are further protected by covenants to assure the natural beauty will go unchanged for years...Here's the level wooded waterfront parcel everyone's been looking for. On the western shore of Homan Lake nestled in the Ottawa National Forest this property offers great privacy on an outstanding lake that boasts clear water and fantastic fishing. Owned entirely by the Homan family since 1945, this no wake lake has no public access and all the parcels on the lake have a minimum of 350 feet of shoreline and are further protected by covenants to assure the natural beauty will go unchanged for years to come. Just 25 miles from Eagle River, yet secluded this is the lake to be on if privacy is your goal. Easy deeded access to the National Forest and many other lakes and streams as well as hiking & biking trails galore, you'll never run out of things to explore.
  • Listed by: GARY ROBINSON 715.493.7565 robinsong@FirstWeber.com Brokerage DRE #833993 - 91 • FIRST WEBER - MINOCQUA
Listing closed: 05/23/2024 08:00 PM • Source: Greater Northwoods MLS, MLS#: 195952

Recent comparable sales

Median sold price

$205,000

Avg days on market

45

Sale-to-list ratio

90.1%

River Rouge, MI

9 comparable properties found

1

$150,000

Sold 09/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
6,118
Square Feet
0.56
Acres
2

$120,000

Sold 06/02/26

Unavailable
Bedrooms
Unavailable
Bathrooms
6,952
Square Feet
0.21
Acres
$135,000 | 12 Perrin Street, River Rouge, MI 48218
1/24
3

$135,000

Sold 11/26/25

Unavailable
Bedrooms
1,610
Square Feet
0.07
Acres
4

$555,000

Sold 03/06/25

Unavailable
Bedrooms
Unavailable
Bathrooms
12,400
Square Feet
0.18
Acres
5

$1,100,000

Sold 08/19/25

Unavailable
Bedrooms
Unavailable
Bathrooms
21,588
Square Feet
0.35
Acres
6

$210,000

Sold 11/13/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,565
Square Feet
0.36
Acres
7

$30,000

Sold 02/06/26

Unavailable
Bedrooms
Unavailable
Bathrooms
2,760
Square Feet
0.07
Acres
8

$205,000

Sold 04/25/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.05
Acres
9

$499,000

Sold 02/06/25

Unavailable
Bedrooms
Unavailable
Bathrooms
15,490
Square Feet
0.07
Acres

Location

Listing Courtesy of FIRST WEBER - MINOCQUA

Sold By ELIASON REALTY - EAGLE RIVER

Add your commute

Payment Calculator

$686 per month

30 year fixed, 6.55% Interest

Principal and Interest

$686

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 Tbd Elizabeth Lane, Unit 12

Property Details
  • MLS Type: Land
  • County: Wayne County
  • View: Water
  • Has View: Yes
  • Waterfront Features: Lake Front
  • Has Waterfront: Yes
Building Information
  • Lot Size: 3.03 AC
Summary
Location and General Information
  • Directions: Take hwy 45 north from Eagle River to hwy 17. Continue north on hwy 17 through the town of Phelps, (once you cross the border into MI hwy 17 is called Smokey Lake Rd.), to Elizabeth Lane on the left. Follow Elizabeth Ln. to property sign.
  • Latitude: 42.263739
  • Longitude: -83.137738
  • Township: IM Iron River Township
  • Water Body Name: HOMAN
  • Unit Number: 12
Property
Lot Information
  • Frontage Length: 350.0
  • Frontage Length Remarks: 350
  • Frontage Type: Lakefront
  • Lot Features: Views, Waterfront
  • Lot Size Square Feet: 131987.0
  • Public Survey Range: 36W
  • Public Survey Section: 17
  • Public Survey Township: 43N
  • Road Frontage Type: Private Road
  • Road Responsibility: Private Maintained Road
Property and Assessments
  • Current Use: Hunting
  • Property Type: Land
Utilities
  • Utilities: Electricity Available

Property History for Tbd Elizabeth Lane, Unit 12

DateEvent & SourcePriceAppreciation
May 23, 2024

Sold

Greater Northwoods MLS #195952

$134,950
Apr 17, 2024

Contract Signed

Greater Northwoods MLS #195952

Apr 21, 2022

Listed (Active)

Greater Northwoods MLS #195952

$134,950
DateEvent & SourcePrice
05/23/2024

Sold

Greater Northwoods MLS #195952

$134,950
04/17/2024

Contract Signed

Greater Northwoods MLS #195952

04/21/2022

Listed (Active)

Greater Northwoods MLS #195952

$134,950

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

Schools near Tbd Elizabeth Lane, Unit 12

This home is within River Rouge, School District Of The City Of.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Ann Visger K-5 Preparatory Academy
PublicPK to 5

Cb Sabbath 6-8 Preparatory Academy
Public6 to 8

River Rouge High School
Public9 to 12

River Rouge Alternative Virtual Academy
PublicK 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 48218

$110,000 | 421 Polk Avenue, River Rouge, MI 48218
1/11

$110,000

3
Bedrooms
250
Square Feet
0.14
Acres
$157,800 | 135 Batavia Street, River Rouge, MI 48218
1/34

$157,800

4
Bedrooms
2,260
Square Feet
0.1
Acres
$79,900 | 147 Charles Street, River Rouge, MI 48218
1/19

$79,900

3
Bedrooms
950
Square Feet
0.09
Acres
$179,900 | 50 Elm Street, River Rouge, MI 48218
1/23

$179,900

4
Bedrooms
1,454
Square Feet
0.09
Acres
$130,000 | 60 Stoner Street, River Rouge, MI 48218
1/17

$130,000

3
Bedrooms
1,896
Square Feet
0.09
Acres
$90,000 | 314 Burke Street, River Rouge, MI 48218
1/39
Virtual Tour

$90,000

2
Bedrooms
864
Square Feet
0.06
Acres
$149,900 | 342 Melvin Street, River Rouge, MI 48218
1/30

$149,900

3
Bedrooms
1,545
Square Feet
0.15
Acres
$52,000 | 221 Campbell Street, River Rouge, MI 48218
1/68

$52,000

4
Bedrooms
1,463
Square Feet
0.14
Acres
$70,000 | 33 Forest Street, River Rouge, MI 48218
1/11

$70,000

3
Bedrooms
1,456
Square Feet
0.08
Acres

Nearby home values

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 FIRST WEBER - MINOCQUA

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Northwoods Association of REALTORS®. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Northwoods Association of REALTORS®. All rights reserved.