Ramsey Island Michigamme, MI $ 2,299,000
Ramsey Island
$ 2,299,000
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Ramsey Island

Michigamme, MI, 49861
$ 2,299,000
Bedrooms4 Baths2.0 Sq 2,872

Monthly Estimate*

$ 14,155

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Single Family Home for sale in Michigamme, MI

for $2,299,000 with 4 bedrooms and 2 full baths. This 2,872 square foot home was built in 1992 on a lot size of 9.03.

A truly one-of-a-kind private island estate! Situated in the heart of Lake Michigamme, this 9-acre property is an extraordinary opportunity to own your own island; a retreat unlike any other. The centerpiece of the estate is a stunning 4 bedroom, 2 bath log lodge spanning nearly 2,900 square feet. Designed to showcase the island's breathtaking natural beauty, the residence features soaring cathedral ceilings and expansive windows that frame spectacular lake views from every angle. Positioned on the island's western point, the home is perfectly situated to capture unforgettable sunsets over the water. The property includes several thoughtfully placed outbuildings, including a traditional sauna with direct lake access for an authentic waterfront experience. Two separate guest cottages provide additional accommodations and features a separate dock, offering comfort and privacy for family and visitors. Modern conveniences are seamlessly integrated into this secluded setting, with electricity already installed throughout the property. The island's natural harbor provides protected docking, easy access, and a safe haven for boats throughout the season. 4,300-acre Lake Michigamme reaches depths exceeding 70 feet and is renowned for its excellent fishing and abundant recreational opportunities; a premier destination for boating, swimming, and enjoying Michigan's Northwoods. This remarkable estate combines unmatched beauty, character, and tranquility in a setting that is truly irreplaceable.

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Single Family Active

Price

$ 2,299,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 12,508

Style

Log Home

Lot Size

9.03

Year Built

1992

Town/City

Michigamme

County/Region

Marquette

MLS | Web ID

50211247

Features
Interior
Interior Amenities 9 ft + Ceilings
Basement Block
Bedroom 3 Level Second
Bedroom 1 Level First
Bedroom 2 Level First
Beds 4
Fireplace? Yes
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General
Heating Forced Air
Kitchen Level First
Cooling None
Possession At Close
Fireplaces Grt Rm Fireplace LivRoom Fireplace Wood Burning
Water Private Well
Appliances Dishwasher Microwave Range/Oven Refrigerator
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1992
Subdivision N/A MI
Water Heater Electric
Style Log Home
County Marquette
Class RESIDENTIAL
Type Single Family
Ownership Private
Municipality Michigamme Twp
New Construction Y/N No
Zoning Residential
Sale/Rent For Sale
Status Detail 0
Utilities Electricity Connected
Structure Style 1 1/2 Story
Area Michigamme Twp (52018)
Primary City MICHIGAMME
Directions Ramsey Island is located on the western area of the lake. West portion of the island.
City Michigamme
School District Republic Michigamme Schools
Financial Terms Cash Conventional
Legal Description Sec 28 T48N R30W 1.47 A Gov't Lot 12 and Sec 33 T48N R30W Gov't Lot 10
DOM 8
Postal Code 49861
Price Per Sq Ft Total AG 800.49
Public Remarks A truly one-of-a-kind private island estate! Situated in the heart of Lake Michigamme
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Exterior
Exterior Log Wood
Exterior Amenities Deck Sidewalks
Frontage 704
Body of Water Lake Michigamme
Lot Size Area 9.03
Pool (Y/N) No
Lot Dimensions 704xirreg
OUT BUILDINGS Shed Guest House Workshop Outhouse
Water Features All Sports Lake Island Lake Frontage Waterfront Interior Lake
Roads None
Waterfront Y/N Yes
Frontage Type Water
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* Excluded Features
List By
STEPHEN REMONDINI

Listing Agent

Stephens Real Estate-Iron River

Broker

stephensells906@outlook.com

Email

Affordability Calculator

$15,198
Per Month
93%
7%
0%
Monthly Principal & Interest
$14,155
Monthly Property Taxes
$1,042
Monthly 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
3704804 Elementary School
3704811 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/12/2026$2,299,000 Listed Price

Map


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Ramsey Island, Michigamme, MI, 49861 is a Single Family Home for sale at $2,299,000 with 2,872 sqft and a lot size of 9.03. 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