TBD Peterson Drive Iron Mountain, MI ^$ 49,900

TBD Peterson Drive

^$ 49,900

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TBD Peterson Drive

Iron Mountain, MI, 49801

^$ 49,900

Studio Baths0.0

Monthly Estimate*

^$ 307

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Studio

Lots and Land for sale in Iron Mountain, MI

for $49,900. The lot size is 1.21.

Discover the perfect setting for your future home or getaway on this beautiful 1.2 acre parcel featuring approx. 95 feet of frontage along the scenic Menominee River. Surrounded by mature cedar trees, the property offers peaceful, natural views and a true up-north feel. The land is easily accessible and ready for development, making it an ideal location to build your dream home or riverfront cabin, with a drilled well and electricity already installed. Enjoy the serenity of waterfront property, privacy, and endless recreational opportunities right outside your door.

Lots and Land Pending

Price

^$ 49,900

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 502

Style

Vacant Land

Lot Size

1.21

Town/City

Iron Mountain

County/Region

Dickinson

MLS | Web ID

50198971

Features

General

Possession At Close

Water Private Well

Status Pending Pending

Style Vacant Land

County Dickinson

Class VACANT LAND

Type Vacant Land

Ownership Private

Municipality Breitung Twp

Zoning Residential Recreational

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Utilities Electricity Available Electricity Connected

Area Breitung Twp (22002)

Primary City IRON MOUNTAIN

Directions From M95 north to left on Merriman West Rd right on County Rd 607 left on Peterson Dr stay left to property on right.

City Iron Mountain

School District Breitung Township School Distric

Financial Terms Cash Conventional

Legal Description MAP #-1139A. SEC 30 T41N R30W THE EAST 66.00 FT OF GOVERNMENT LOT 4. LYING SOUTH OF PETERSON ROAD R/W EXCEPT THE NORTH 1357.26 FT THEREOF PARCEL CONTAINS 1.21 ACRES M/L

DOM 118

Postal Code 49801

Price Per Sq Ft Total AG 41239.67

Public Remarks Discover the perfect setting for your future home or getaway on this beautiful 1.2 acre parcel featuring approx. 95 feet of frontage along the scenic Menominee River. Surrounded by mature cedar trees

Exterior

Frontage 95

Body of Water Menominee River

Lot Size Area 1.21

Lot Dimensions 66x800

Fuel on Site None (Fuel On Site)

Water Features River Frontage Water View

Roads Year Round

Waterfront Y/N Yes

Frontage Type Water

* Excluded Features

List By

TROY MARGONI

Listing Agent

Stephens Real Estate

Broker

troymargoni02@hotmail.com

Affordability Calculator

$349

Per Month

Monthly Principal & Interest: $307
Monthly Property Taxes: $42
Monthly Home Insurance: --

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Down Payment

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 Iron Mountain, MI

Average List Price ^$162,744

Percent of Sale Price 226%

About Iron Mountain, MI

7,748 Population

-7% Since 2002

^$38,782 Median Income

43.87 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3701880 Elementary School

3701878 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/1/2026	$49,900	-13.97%	Price Down
5/4/2026	$58,000	-14.71%	Price Down
2/6/2026	$68,000		Listed Price

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TBD Peterson Drive, Iron Mountain, MI, 49801 is a Lots and Land for sale at $49,900 with a lot size of 1.21. TBD Peterson Drive is a studio with 0.0 baths. The property's zip code is 49801 which is in Iron Mountain, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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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TBD Peterson Drive

Lots and Land for sale in Iron Mountain, MI

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