1 Ramsey Island Michigamme, MI ^$ 3,000,000

1 Ramsey Island

^$ 3,000,000

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1 Ramsey Island

Michigamme, MI, 49861

^$ 3,000,000

Bedrooms4 Baths2.0 Sq 3,523

Monthly Estimate*

^$ 18,472

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Single Family Home for sale in Michigamme, MI

for $3,000,000 with 4 bedrooms and 2 full baths. This 3,523 square foot home was built in 1992 on a lot size of 10.

am pleased to present a unique opportunity to own a private island retreat in the wild and scenic Upper Peninsula of Michigan. Located in the heart of the stunning Lake Michigamme in Marquette County, this property encompasses 10 acres on a 23-acre island. The estate features a beautiful log lodge exceeding 3,500 square feet, complemented by a matching guest house. Unlike many island properties, this home offers the luxuries of mainland living, including electricity to both residences. The grounds also include a cabana, barn, fish house, pump house, and a waterfall. For accessibility, the natural harbor provides safe docking for boats or planes, supported by three concrete boat landings, sidewalks, and wooden walkways throughout the property. Lake Michigamme itself spans over 4,300 acres with depths exceeding 70 feet, making it a premier destination for fishing.

Single Family Active

Price

^$ 3,000,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 10,720

Style

Log Home

Lot Size

Year Built

1992

Town/City

Michigamme

County/Region

Marquette

MLS | Web ID

26004816

Features

Interior

Interior Amenities Guest Quarters Wet Bar Center Island Eat-in Kitchen

Basement Partial

Flooring Carpet Ceramic Tile Tile Wood

Total Fireplaces 2

Fireplace Features Gas/Wood Stove Family Room Living Room Wood Burning

Heating Y/N Y

Window Features Screens Insulated Windows

Fireplace Y/N Y

Half Baths 0

Laundry Features Laundry Closet

Total Bedrooms 4

Below Grade Finished Area 0.0

Main Level Bedrooms 2

Total Baths 2

General

Sewer Septic Tank

Heating Baseboard Outdoor Furnace Wood Other

Utilities Phone Connected High-Speed Internet

Possession Negotiable

Roof Slate

Appliances Iron Water FIlter Built-In Electric Oven Cooktop Dishwasher Microwave Refrigerator Water Softener Owned

Architectural Style Log Home

Pool Features Cabana

Construction Materials Log

Year Built 1992

Stories Count 2

Township Michigamme Twp

Property Subtype Single Family Residence

Tax Year 2025

Ownership Broker/Agent Owned

Waterfront Features Lake

County Marquette

New Construction N

Property Type Residential

Garage Y/N N

Other Structures Shed(s) Barn(s) Guest House

Total Rooms 8

Full Baths 2

Status Active

Directions Marquette US 41 to Michigamme to Brown Landing

City Michigamme

Body of Water Lake Michigamme

High School District Republic-Michigamme

Zoning Description LSR

Lot Size Units Acres

Lot Size Square Feet 435600.0

Carport Y/N N

Listing Terms Cash Conventional

Land Lease Y/N N

Tax Annual Amount 10720.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Rent Control Y/N N

Standard Status Active

Occupancy Type Owner

Tax Assessed Value 220900

Legal Description 52-09-333-004-00 SEC33 T48N R 30W GOVT LOT 10 52-09-328-033-00 SEC 28 T48N R30W 1.47 A GOV'T LOT 12

Senior Community None

Exterior

Exterior Amenities Other

Lot Features Wooded Rolling Hills

Water Source Well

Lot Size Area 10.0

Spa N

Building Area Total 3523.0

Lot Dimensions IRR

Lot Size Acres 10.0

Waterfront Y/N Y

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Dock True

Private Frontage True

All Sports True

Internal Only

Street Number 1 1

* Excluded Features

List By

Ensley Real Estate

Broker

robyn@ensleyteam.com

Affordability Calculator

$19,365

Per Month

Monthly Principal & Interest: $18,472
Monthly Property Taxes: $893
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 6.25% 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

Single family listings in Michigamme, MI

Average List Price ^$1,424,257

Percent of Sale Price 53%

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.

5397932 Elementary School

5397934 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
2/10/2026	$3,000,000		Listed Price

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1 Ramsey Island, Michigamme, MI, 49861 is a Single Family Home for sale at $3,000,000 with 3,523 sqft and a lot size of 10. 1 Ramsey Island has 4 bedrooms, 2.0 baths, and was built in 1992. 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 6.25% 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.

Listing data provided courtesy of the Internet Data Exchange Program of MichRIC, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MichRIC, LLC. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is 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.

Information Deemed Reliable But Not Guaranteed

Data is updated as of 2/23/2026.

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1 Ramsey Island

Single Family Home for sale in Michigamme, MI

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