2880 N State Rd Luther, MI $ 1,190,000
2880 N State Rd
$ 1,190,000
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2880 N State Rd

Luther, MI, 49656
$ 1,190,000
Bedrooms3 Baths2.0 Sq 1,500

Monthly Estimate*

$ 8,313

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Single Family Home for sale in Luther, MI

for $1,190,000 with 3 bedrooms and 2 full baths. This 1,500 square foot home was built in 1950 on a lot size of 228.

A truly rare find. 230 acres of stunning ground located just west of HWY 131 in Lake County, this parcel must be seen to be appreciated! A uniquely diverse property that begins with thick apple orchards, changes into vast hay fields and cattle pasture, into lofted views from several rolling peaks on the property, incredible building sites with views of miles around. Artesian water flows into freshwater springs originating on the property, and combined with thick forest on the SE side, all manner of wildlife will never have a reason to leave this parcel. Several enormous and well constructed steel buildings service the property, and could easily house equipment, livestock, or a business. The modest older farm home could be brought back to life and serve you well! Located on the doorstep of thousands of acres of state forest, and countless miles of ORV trails lakes and rivers, the size and setting makes you feel like you could be in Michigan's upper peninsula. A property so rich with detail and potential is a true must-see. Current leasing incomes more than cover all property expenses, and a thriving bee/honey farm provides all the honey your could want! Nearby power superstation makes solar or wind farm potential a reality. The owner has taken pride and care of the property for many years, and is ready to turn this legacy estate over to its next owner. Call for more about the established income opportunities on this parcel, or to set up your personal tour.

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Single Family Active

Price

$ 1,190,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 6,768

Style

Farm House

Lot Size

228

Year Built

1950

Town/City

Luther

County/Region

Lake

MLS | Web ID

23003758

Features
General
Sewer Septic System
Heating Propane Radiant Forced Air
Utilities Phone Available Electric Available
Possession Close Plus 30 Days
Garage Spaces 5.0
Architectural Style Farm House
Construction Materials Wood Siding Stone Block
Year Built 1950
Stories 1
Property SubType Single Family Residence
Tax Year 2022
County Lake
New Construction N
Property Type Residential
Garage Y/N Y
Total Rooms 6
Status Active
Directions 131 North to Exit 162 West onto 14 Mile/Old M-63 follow until you reach the Luther Village turn left (South) onto Old State Rd. to property on the East side of the Rd.
City Luther
High School District Pine River
MLS Area West Central - W
Lot Size Square Feet 9931680.0
Waterfront Y/N N
Carport Y/N N
Street Name State Rd
Land Lease Y/N N
Tax Annual Amount 6768.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor West Central - W
Additional Parcels Y/N N
Rent Control Y/N N
Virtual Tour https://knightwingmedia.aryeo.com/sites/ymqgqoq/unbranded
Days on Market 437
Standard Status Active
Occupancy Description Owner
Tax Assessed Value 184900
Legal Description EL 19 5 6 N FR 1/2 NW FR 1/4 & S FR 1/2 NW FR 1/4 & N FR 1/2 SW FR 1/4. EXC PT N FR1/2 NW FR1/4 BEG 416' S OF NW COR OF SAID SEC TH E 250' S 170' W 250' N 170' TO POB. SEC 19 T19N R11W. 228.88 A M/L.
Senior Community None
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Interior
Basement Michigan Basement
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Full Baths 2
Half Baths 0
Total Bedrooms 3
Below Grade Finished Area 0.0
Electric On Property Y/N N
Main Level Bedrooms 3
Total Baths 2
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Exterior
Lot Features Level Recreational Tillable Wooded
Water Source Well
Lot Size Area 228.0
Spa N
Building Area Total 1500.0
Lot Dimensions 2878x2504
Lot Size Acres 228.0
Road Surface Type Unimproved
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2880
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* Excluded Features
List By
Re/Max Together

Broker

joemcnallyhomes@gmail.com

Email

Affordability Calculator

$8,877
Per Month
94%
6%
0%
Monthly Principal & Interest
$8,313
Monthly Property Taxes
$564
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
250123 Elementary School
250931 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/7/2024$1,190,000 Listed Price

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2880 N State Rd, Luther, MI, 49656 is a Single Family Home for sale at $1,190,000 with 1,500 sqft and a lot size of 228. 2880 N State Rd has 3 bedrooms, 2.0 baths, and was built in 1950. The property's zip code is 49656 which is in Luther, MI