Sold
Last Sold Price
5,047,732 Lot Size115.88 Acres
Wallace Road, Cheboygan, MI 49721
LandProperty Type
115.88 acresLot Size

Description

Premium 115+/- premium hunting land. Hunt, play, build, or divide. Full of mature oaks & maples and recreational trails, and a rolling terrain of beauty. Property has a drive into a small open field, trails throughout, and several creeks. Wildlife is abundant throughout the property. Deer tracks visible through walking trails and near creeks. Call to schedule your appointment today!Premium 115+/- premium hunting land. Hunt, play, build, or divide. Full of mature oaks & maples and recreational trails, and a rolling terrain of beauty. Property has a drive into a small open field, trails throughout, and several creeks. Wildlife is abundant throughout the property. Deer tracks visible through walking trails and near creeks. Call to schedule your appointment today!
Listing closed: 08/20/2024 12:00 AM • Source: Water Wonderland Board of REALTORS, MLS#: 201828396

Recent comparable sales

Median sold price

$100,000

Avg days on market

49

Sale-to-list ratio

92.5%

Cheboygan, MI

9 comparable properties found

$100,000 | Maynard Road, Cheboygan, MI 49721
1/2
1

$100,000

Sold 06/15/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
60
Acres
$100,000 | 60-ac Maynard Road, Cheboygan, MI 49721
1/7
2

$100,000

Sold 06/18/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
60
Acres
$100,000 | V/l 40-ac V/l 40-ac Carlson Road, Cheboygan, MI 49721
1/19
3

$100,000

Sold 12/29/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
40
Acres
$135,777 | 1834 Kelly Lynn Drive, Cheboygan, MI 49721
1/36
4

$135,777

Sold 06/12/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
9.96
Acres
$12,800 | Lot 16 Trout Creek Road, Cheboygan, MI 49721
1/7
5

$12,800

Sold 08/01/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.34
Acres
$50,000 | Vl Knaffle Road, Cheboygan, MI 49721
1/2
6

$50,000

Sold 08/03/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
17.48
Acres
$127,500 | V/l 37-ac V/l 37-ac Townline Road, Cheboygan, MI 49721
1/3
7

$127,500

Sold 01/30/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
37
Acres
$135,000 | V/l 30.3-ac West Silver Beach Road, Cheboygan, MI 49721
1/29
8

$135,000

Sold 10/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
30.3
Acres
$14,250 | Inverness Road, Cheboygan, MI 49721
1/5
9

$14,250

Sold 10/11/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.5
Acres

Location

Listing Courtesy of Real Estate One Indian River

Sold By Real Estate One Indian River

Add your commute

Payment Calculator

$635 per month

30 year fixed, 6.55% Interest

Principal and Interest

$635

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 Wallace Road

Property Details
  • MLS Type: Land
  • Subdivision Name: T37N, R2W
  • Has Waterfront: No
Building Information
  • Lot Size: 115.88 AC
Summary
Location and General Information
  • Directions: Take Riggsville Road west of Cheboygan to Wallace Rd. Make right and follow to sign.
  • Township: Inverness
Taxes and HOA
  • Parcel Number: 091-010-300-001-00
  • Tax Block: Sec 10
School Information
  • Elementary School: Cheboygan
  • High School: Cheboygan
  • High School District: Cheboygan Area
Parking
  • Parking Features: Driveway
Property
Lot Information
  • Lot Size Acres: 115.88
  • Lot Size Units: Acres
  • Lot Size Dimensions: 115.88 acres
  • Lot Size Square Feet: 5047732.8
  • Road Surface Type: Gravel
  • Wooded Area: 75.0
Property and Assessments
  • Current Use: Hunting
  • Property Type: Land
Interior and Exterior Features
Interior Features
  • Has Fireplace: No

Property History for Wallace Road

DateEvent & SourcePriceAppreciation
Aug 20, 2024

Sold

Water Wonderland Board of REALTORS #201828396

$125,000
Jul 29, 2024

Contract Signed

Water Wonderland Board of REALTORS #201828396

Mar 13, 2024

Listed (Active)

Water Wonderland Board of REALTORS #201828396

$195,000
DateEvent & SourcePrice
08/20/2024

Sold

Water Wonderland Board of REALTORS #201828396

$125,000
07/29/2024

Contract Signed

Water Wonderland Board of REALTORS #201828396

03/13/2024

Listed (Active)

Water Wonderland Board of REALTORS #201828396

$195,000

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

Schools near Wallace Road

This home is within Cheboygan Area Schools.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 3 to 10
Public - 8 to 12
Public - 7 to 12
Rating
School
Distance
East Elementary School
PublicK to 3

Cheboygan Intermediate School
Public3 to 10

Cheboygan Area High School
Public8 to 12

Cheboygan Virtual Academy
Public7 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 49721

$314,000 | 8335 Highway 23, Cheboygan, MI 49721
1/62

$314,000

2
Bedrooms
1,350
Square Feet
1.16
Acres
$265,000 | 302 George Street, Cheboygan, MI 49721
1/21
New

$265,000

3
Bedrooms
1,144
Square Feet
0.43
Acres
$325,000 | 12222 Butler Road, Cheboygan, MI 49721
1/42
New

$325,000

4
Bedrooms
1,700
Square Feet
20
Acres
$349,000 | 5510 Chestnut Drive, Cheboygan, MI 49721
1/41

$349,000

3
Bedrooms
1,232
Square Feet
0.33
Acres
$399,900 | 8811 Hebron Town Hall Road, Cheboygan, MI 49721
1/20

$399,900

3
Bedrooms
1,680
Square Feet
10.09
Acres
$320,000 | 456 South Huron Street, Cheboygan, MI 49721
1/26

$320,000

5
Bedrooms
4,001
Square Feet
0.5
Acres
$1,700,000 | 4325 East Burt Lake Road, Cheboygan, MI 49721
1/98

$1,700,000

4
Bedrooms
3,320
Square Feet
0.35
Acres
$225,000 | 224 South D Street, Cheboygan, MI 49721
1/15

$225,000

3
Bedrooms
1,300
Square Feet
0.16
Acres
$355,000 | 2364 Vanyea Road, Cheboygan, MI 49721
1/21

$355,000

3
Bedrooms
2,728
Square Feet
1.7
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: Wallace Road, Cheboygan, MI 49721
$125,000
5,047,732
$125,000
11,510,294
1,272,525
$226,700
3
1,772
435,600
$520,000
5
3,154
1,301,137
2,160
435,600

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 Real Estate One Indian River

The data relating to real estate on this website comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than Compass and its related brokerages are marked with the WWLX logo and the detailed information about said listing includes the listing office. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor the broker which owns this website shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. WWLX information is provided exclusively for 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. Copyright © 2026 Water Wonderland MLS, Inc©. All Rights Reserved.