21342 Royce Road
Hancock, MI, 49930 $ 475,000
Bedrooms5 Baths1.1 Sq 2,592 Monthly Estimate*
$ 2,999
for $475,000 with 5 bedrooms and 1 full bath, 1 half bath. This 2,592 square foot home was built on a lot size of 32.97.
Approximately 33 acres just outside of Hancock, Michigan, on Royce Road, featuring a 5-bedroom, 1.5-bath home along with a successful adjacent Airbnb. Opportunities like this are hard to findâoffering acreage, income potential, and exceptional storage and workspace, all just minutes from town. The main home features a full basement complete with a traditional sauna, a first-floor bedroom, full bath, and laundry area. The spacious living room and thoughtfully designed kitchen provide plenty of room for family gatherings and entertaining. Upstairs, you'll find four additional bedrooms, while the accessible attic offers endless possibilities for a home office, hobby room, play area, or additional living space. As you enter the property, you'll immediately notice the fully operational Airbnb, which has consistently generated successful short-term rental income. Whether you're looking to continue the business or provide accommodations for family and friends, it's a valuable bonus. Adding even more income potential are four RV sites, each equipped with water and electric hookups. Whether used for seasonal campers, short-term rentals, or visiting family and friends, these established sites offer excellent flexibility and additional revenue opportunities. The location is second to none, offering convenient access to local marinas on the Portage Waterway for boating, fishing, and waterfront recreation. In the winter, you'll be just minutes from Mt. Ripley Ski Area, while nearby snowmobile and ATV trails provide endless opportunities for year-round outdoor adventure. Behind the home are three impressive outbuildings measuring approximately 28' x 56', 24' x 30', and 20' x 20'. These buildings provide an abundance of storage and workspace, making them ideal for commercial use, equipment storage, hobbies, or a home-based business. One of the larger buildings was once part of the area's historic copper mining operations, adding a unique piece of local history to this remarkable property. The land is a beautiful mix of mature hardwoods with a small seasonal creek meandering through the property, creating a peaceful setting and attracting an abundance of wildlife. The mostly wooded acreage offers exceptional privacy while remaining conveniently close to Hancock, Houghton, and the many recreational opportunities that make the Keweenaw Peninsula such a desirable destination. Properties offering this combination of acreage, income potential, commercial-quality storage, history, recreation, and location rarely become available in Hancock Township. Schedule your private showing today and discover everything this exceptional property has to offer. This property is zoned commercial but has the residence on property.
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FeaturesInteriorInterior Amenities Hardwood Floors Spa/Sauna
Basement Block
Bedroom 3 Level Second
Bedroom 1 Level Second
Bedroom 2 Level Second
Beds 5
Fireplace? Yes
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GeneralHeating Boiler
Cooling None
Possession At Close
Fireplaces Decorative Fireplace
Garage Detached Garage
Water Public Water
Appliances Dishwasher Dryer Microwave Range/Oven Refrigerator Washer
Status Active Active
Full Baths 1
Half Baths 1
Bathrooms 2
Year Built 19
Parking 3 or More Spaces
Subdivision Plat/Aspen Acres
Water Heater Gas
Style Colonial
County Houghton
Class RESIDENTIAL
Type Single Family
Ownership Private
Municipality Franklin Twp
Electric 200+ Amp Service
Zoning Commercial Residential
Sale/Rent For Sale
Status Detail 0
Utilities Cable Connected Electricity Connected Natural Gas Connected Phone Connected Sewer Not Available Internet Fiber Available
Structure Style More than 2 Stories
Area Franklin Twp (31011)
Directions From Hancock towards Dollar Bay 2 miles
City Hancock
School District Hancock Public Schools
Financial Terms Cash Conventional
Legal Description SEC 31 T55N R33W COM AT A PT ON N ROW OF M-26
DOM 3
Price Per Sq Ft Total AG 183.26
Public Remarks Approximately 33 acres just outside of Hancock Michigan on Royce Road featuring a 5-bedroom
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ExteriorExterior Cinder Block
Exterior Amenities None (ExteriorFeatures)
Frontage 200
Body of Water none
Lot Size Area 32.97
Pool (Y/N) No
Lot Dimensions irregular
OUT BUILDINGS Second Garage Workshop
Water Features Creek/Stream/Brook
Roads City/County Paved Street Year Round
Waterfront Y/N No
Frontage Type Road
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* Excluded FeaturesList ByKEVIN PATANAListing Agent
Keller Williams First UpBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,999
- Monthly Property Taxes
- $449
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbySingle family listings in Hancock, MI
Average List Price $330,065
Percent of Sale Price 31%
About Hancock, MI 4,784 Population
7% Since 2002
$ 39,308 Median Income
34.6 Median Age
20% Households with Children
Trends Information provided by ATTOM Data Solutions.
3701283 Elementary School
3701287 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/2/2026 | $475,000 | | Listed Price |