517 W Victory Way
Newberry, MI, 49868 $ 159,000
Bedrooms3 Baths1.0 Sq 1,128 Monthly Estimate*
$ 1,004
for $159,000 with 3 bedrooms and 1 full bath. This 1,128 square foot home was built in 1948 on a lot size of 2.31.
Welcome to 517 West Victory Way, a charming Cape Cod-style home nestled on a spacious 2.31-acre parcel just outside of the Village of Newberry. This inviting three-bedroom, one-bath home offers 1,128 square feet of comfortable living space, blending classic character with everyday functionality. Inside, you'll find a warm and welcoming layout with a beautiful bay window pouring in natural light, creating a comfortable place to call home. The detached two-car garage adds convenience and the expansive lot offers room to garden, play, or just enjoy the outdoors. All while being close to local amenities. And here's what makes this listing especially compelling! The adjoining second residence at 517 1/2 is included in the sale. Together on one parcel, this rare two-home setup offers possible rental income, space for extended family, or a smart owner-occupant investment strategy. Live in one, rent the other. It's a unique opportunity with flexibility and long-term upside! 517½ West Victory Way adds a practical second residence to this unique two-home property. This approximately 960-square-foot, two-bedroom home offers a comfortable layout suited for long-term rental use, extended living arrangements, or additional workspace. Its separate entrance and residential setting give occupants the feel of a stand-alone home while remaining conveniently located near Newberry amenities. Currently used as a full-time rental, 517½ provides established income potential from the start. The tenant is presently on a lease arrangement, giving a new owner flexibility to continue the rental relationship, adjust future terms subject to applicable law, or incorporate the home into another long-term ownership plan. Buyers should verify lease terms, rental income, deposits, and occupancy details during due diligence. Both 517 and 517½ are located on the same parcel and are being sold together. Utilities are interconnected and metered through 517, making this a distinctive investment opportunity for an owner seeking two residences in one transaction. Live in the main home while continuing to rent the second, or operate both as long-term rentals for added potential. Information is deemed reliable but not guaranteed. Buyers and buyersâ agents should independently verify all information, including square footage, room dimensions, acreage, taxes, property boundaries, utilities, zoning, permitted use, rental status, and the condition of all structures and systems. Property is offered in compliance with federal, state, and local fair housing laws
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FeaturesInteriorInterior Amenities Bay Window
Basement Block Unfinished
Bedroom 3 Level First
Bedroom 1 Level First
Bedroom 2 Level First
Beds 3
Fireplace? No
Total Rooms 6
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GeneralHeating Forced Air
Cooling None
Possession Month To Month Tenant
Garage Off Street
Water Public Water
Appliances Dryer Microwave Range/Oven Refrigerator Washer Negotiable (Appliances)
Status Active Active
Full Baths 1
Half Baths 0
Bathrooms 1
Year Built 1948
Subdivision none MI
Water Heater Electric
Style Cape Cod
County Luce
Class RESIDENTIAL
Type Single Family
Ownership Private
Municipality McMillan Twp
Sale/Rent For Sale
Status Detail 0
Utilities Electricity Connected Natural Gas Connected Water Connected
Structure Style 1 1/2 Story
Area McMillan Twp (48003)
Primary City Newberry
Directions Take M-123 north into Newberry. Turn west on West Victory Way go about five blocks. Property on the south side at 517 and 517 and a half W. Victory Way.
City Newberry
School District Tahquamenon Area Schools
Financial Terms Cash Conventional
Legal Description Lot #1 Davis Subdivision McMillan Township Luce County Michigan. Parcel number 48-003-180-000-0100
DOM 0
Postal Code 49868
Price Per Sq Ft Total AG 140.96
Public Remarks Welcome to 517 West Victory Way a charming Cape Cod-style home nestled on a spacious 2.31-acre parcel just outside of the Village of Newberry. This inviting three-bedroom one-bath home offers 1
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ExteriorExterior Aluminum
Exterior Amenities None (ExteriorFeatures)
Frontage 330
Lot Size Area 2.31
Pool (Y/N) No
Lot Dimensions 2.31 acres
OUT BUILDINGS Garage(s)
Water Features None
Roads Access City/County Paved Street
Waterfront Y/N No
Frontage Type Road
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* Excluded FeaturesList ByANTHONY CIARAMITAROListing Agent
Five Star Real EstateBroker
foresthomerealestateteam@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,004
- Monthly Property Taxes
- $176
- 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 Newberry, MI
Average List Price $310,570
Percent of Sale Price 95%
About Newberry, MI 1,497 Population
-44% Since 2002
$ 30,477 Median Income
41.07 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
2246490 Elementary School
2246492 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/17/2026 | $159,000 | | Listed Price |