Horseshoe Lake Road
Toivola, MI, 49965 $ 299,000
Baths0.0 Monthly Estimate*
$ 1,888
Studio for $299,000. The lot size is 115.
Imagine owning 112± acres wrapped around much of a secluded Upper Peninsula lake. This unique recreational and potential development property in Elm River Township encompasses approximately two-thirds of Horseshoe Lake and also includes frontage on nearby Clear Lake, creating an uncommon opportunity to own substantial acreage with access to two inland lakes. Horseshoe Lake offers a quiet, largely undeveloped setting, with the remaining approximately one-third owned by the State of Michigan. On the south end of the property, Clear Lake frontage adjoins the State-owned public boat launch, adding another recreational amenity just steps from the property. Recently harvested, the tract offers a more open landscape and a blank canvas for its next owner. Established interior roads provide access throughout much of the acreage, while the combination of lake frontage, predominantly upland terrain, and an elevated northern portion creates interesting possibilities for private homesites, recreational cabins, a family retreat, or thoughtfully planned waterfront development. Nearby recreation includes Twin Lakes State Park, the Bill Nicholls snowmobile/ORV trail system, Omer's Wyandotte Hills Golf Course, numerous inland lakes and public access sites, and year-round opportunities for boating, fishing, hunting, snowmobiling, ATV riding, skiing, and other outdoor recreation. For an investor or developer, the property's size and lake access can create opportunities to develop multiple waterfront or water-access sites while preserving ample recreational land and privacy. For a private buyer, it provides a unique opportunity to own much of the land around a quiet lake. This can be a place to enjoy now and a way to preserve options for the future. Whether the vision is a private waterfront retreat, hunting and recreation property, family compound, or future development, Horseshoe Lake offers something increasingly difficult to find-- acreage, water, privacy, and possibilities in one property.
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FeaturesGeneralPossession At Close
Water None
Status Active Active
Style Vacant Land
County Houghton
Class VACANT LAND
Type Vacant Land
Ownership LLC
Municipality Elm River Twp
Zoning None (Zoning)
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Utilities None (Utilities)
Area Elm River Twp (31010)
Primary City TOIVOLA
Location Rural
Directions From Twin Lakes State Park head southwest on M-26 for 2.5 miles before turning left to head south on Pike Lake Road
City Toivola
School District Adams Twp School District
Financial Terms Cash Conventional
Legal Description SEC 4 T51N R36W SW 1/4 OF SE 1/4 EXCEPT S 330' OF E 660' THEREOF. 35 A. COMMERCIAL FOREST RESERVE E2-4-4 SEC 4 T51N R36W SW1/4 OF NE1/4 NW1/4 OF SE1/4 80 A COMMERCIAL FOREST RESERVE
DOM 1
Postal Code 49965
Price Per Sq Ft Total AG 2600
Public Remarks
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ExteriorFrontage 2000
Body of Water Horseshoe Lake
Lot Size Area 115
Lot Dimensions 3960' x 1320'
Lot Description Adjoins State/Fed Land Deep Lot - 150+ Ft. Large Lot - 65+ Ft. Rolling/Hilly Wooded
Fuel on Site None (Fuel On Site)
Water Features Lake Frontage Sandy Bottom
Roads Gravel Seasonal
Waterfront Y/N Yes
Frontage Type Water
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* Excluded FeaturesList ByPATRICK BLANZYListing Agent
American Forest ManagementBroker
patrick.blanzy@afmforest.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,888
- Monthly Property Taxes
- $13
- 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 NearbyLots and land listings in Toivola, MI
Average List Price $216,700
Percent of Sale Price 28%
About Toivola, MI 575 Population
-13% Since 2002
$ 48,387 Median Income
48.36 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
3704834 Elementary School
3704830 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/16/2026 | $299,000 | | Listed Price |