Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    #3 Peterson Dr Cadillac, MI 49601

    For Sale
    $155,000

    land - CADILLAC, MI

    Lot size:
    0.47 Acres
    Days on Market:
    36
    Last Refresh:
    Dec 13 at 9:06 pm

    Property Features for #3 Peterson Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.47 Acres

    Building Details

    Architectural style
    Other

    Coldwell Banker Schmidt Family Of Companies [email protected]

    Listing agent Pamela Mork (231) 271-6161

    Listing date Nov 8, 2025

    MLS# 1914754 Listing URL

    Copyright © 2025 Coldwell Banker Schmidt REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Stoneledge Lake Cleared Lot

    This cleared 0.47-acre lot features 125 feet of frontage on Stoneledge Lake. Situated on a paved road, the property offers an elevated building site approximately 10 minutes from Cadillac. The lot slopes towards the beach and includes a partial retaining wall. The surrounding area features well-maintained homes. Stone Ledge Lake, located in Wexford County, Michigan, spans 83.3 acres, with an average depth of 20 feet and a perimeter of 4,130.2 meters. Restrictions require a minimum home size of 850 sq. ft. The owner will consider land contract terms.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Cadillac
    County
    Wexford
    State
    Michigan
    Longitude
    -85.384803896332
    Latitude
    44.178145055084

    Nearby Similar for Sale

    • $239,900
      2,314 SF

      Income-Producing Triplex in Cadillac Historic

      Fully occupied triplex in Cadillac's historic district, near downtown.
      415 E Harris St, Cadillac, MI 49601
      View Details
    • $850,000
      8,436 SF

      Cadillac Office Building on M-115

      Large office building in Cadillac West with flexible zoning.
      2604 Sunnyside Dr, Cadillac, MI 49601
      View Details
    • $850,000
      8,436 SF

      Cadillac Office Building on M-115

      Large office building with 22 spaces in prime Cadillac location.
      2604 Sunnyside Dr, Cadillac, MI 49601
      View Details
    • $774,000
      5,136 SF

      Turnkey Restaurant with Waterfront Views

      Profitable restaurant with waterfront views and seating for over 5000.
      2403 Sunnyside Dr, Cadillac, MI 49601
      View Details
    • $845,000
      9,300 SF

      Operating Restaurant Business For Sale

      Fully renovated restaurant in Cadillac, MI, ready for new ownership.
      119 S Mitchell St, Cadillac, MI 49601
      View Details
    • $774,000
      5,136 SF

      Turnkey Restaurant with Waterfront Views

      Profitable restaurant with waterfront views and seating in Cadillac, MI.
      2403 Sunnyside Dr, Cadillac, MI 49601
      View Details

    FAQs

    What type of property is this?
    Land - Cleared 0.47-acre lot with 125' frontage on Stoneledge Lake.
    Where is this land located?
    The property is located at #3 Peterson Dr Cadillac, MI.
    What is the asking price?
    The asking price for this property is $155,000.
    What are key features of this property?
    This property features: - 125' of lake frontage on Stoneledge Lake.; - Cleared, elevated building site ready for your dream home.; - Enjoy an all-sports lake right in your backyard.
    (231) 271-6161
    Request Owner's contact information
    #3 Peterson Dr Cadillac, MI 49601
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    #3 Peterson Dr
    Cadillac, MI 49601
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    #3 Peterson Dr Cadillac, MI 49601
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.