Off Indian Lake Road Michigamme, MI ^$ 1,490,000

Off Indian Lake Road

^$ 1,490,000

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Recently Listed

Off Indian Lake Road

Michigamme, MI, 49861

^$ 1,490,000

Studio Baths0.0

Monthly Estimate*

^$ 9,296

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Studio

Lots and Land for sale in Michigamme, MI

for $1,490,000. The lot size is 1415.

Discover Lake Arvid, a pristine 1,415-acre private lake property in Michigamme Township offering unmatched natural beauty and privacy. This expansive parcel features mature, nicely wooded terrain, a serene shoreline, legal access with roads throughout. Ideal for an exclusive retreat, development opportunity, or premier recreational escape, Lake Arvid delivers the rare combination of size, privacy, and accessibility in one remarkable Upper Peninsula setting.

Lots and Land Active

Price

^$ 1,490,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Vacant Land

Lot Size

1415

Town/City

Michigamme

County/Region

Marquette

MLS | Web ID

50194480

Features

General

Possession At Close

Zoning TP40 Timber Production 40 Other

Water None

Status Active Active

Style Vacant Land

County Marquette

Class VACANT LAND

Type Vacant Land

Ownership Trust

Municipality Michigamme Twp

Sale/Rent For Sale

Status Detail 0

Utilities None (Utilities)

Area Michigamme Twp (52018)

Location Rural

Directions US 41 to Indian Lake Rd take road North and follow to property.

City Michigamme

School District Republic Michigamme Schools

Financial Terms Cash Conventional

Legal Description T48N R30W Section 14 exc. the E 1/2 of the NE 1/4 and Section 15 exc. the W 1/2 of NW 1/4 the W 1/2 of SW 1/4 & W 350' of E 1/2 of NW 1/4 & W 350' of the N 475' of E 1/2 of NW 1/4

DOM 16

Price Per Sq Ft Total AG 1053

Public Remarks Discover Lake Arvid a pristine 1 415-acre private lake property in Michigamme Township offering unmatched natural beauty and privacy. This expansive parcel features mature nicely wooded terrain

Exterior

Frontage 1320

Body of Water Lake Arvid

Lot Size Area 1415

Lot Dimensions 2140x400x3140x7392x2640x

Lot Description Wooded

Fuel on Site None (Fuel On Site)

Water Features Lake Frontage Lake/River Access

Roads Gravel Dirt

Waterfront Y/N Yes

Frontage Type Road

* Excluded Features

List By

FRAN SEVEGNEY

Listing Agent

Re/Max 1St Realty

Broker

fran7e@gmail.com

Affordability Calculator

$9,296

Per Month

Monthly Principal & Interest: $9,296
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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

Trends
Schools

Lots and land listings in Michigamme, MI

Average List Price ^$133,438

Percent of Sale Price 91%

About Michigamme, MI

281 Population

23% Since 2002

^$50,083 Median Income

55.68 Median Age

15% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3704804 Elementary School

3704811 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
11/17/2025	$1,490,000		Listed Price

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Off Indian Lake Road, Michigamme, MI, 49861 is a Lots and Land for sale at $1,490,000 with a lot size of 1415. Off Indian Lake Road is a studio with 0.0 baths. The property's zip code is 49861 which is in Michigamme, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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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Off Indian Lake Road

Lots and Land for sale in Michigamme, MI

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