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    19501 Otter Ln Watersmeet, MI 49969

    For Sale
    $69,500

    Vacant Land - Watersmeet, MI

    Lot size:
    6.71 Acres
    Days on Market:
    97
    Last Refresh:
    Dec 9 at 12:06 pm

    Property Features for 19501 Otter Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    06-30-200-900
    Lot size
    6.71 Acres

    Utilities

    Water front features
    All Sports Lake, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    ELIASON REALTY (715) 547-3341

    Listing agent JOHN SARAMA (715) 547-3341 License #6501327371

    Listing date Sep 4, 2025

    MLS# 50159978 Listing URL

    Copyright © 2025 Upper Peninsula Association of 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

    Watersmeet Vacant Land Near Cisco Chain

    This 6.71-acre parcel in Watersmeet, MI, offers a building site with views of Thousand Island Lake, part of the Cisco Chain, and dynamic wetlands. A stream runs along the lot, providing potential access to The Chain when water levels permit. The property includes both wetlands and upland areas. A boat landing on Cisco Lake is located nearby.
    Property Profile Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Watersmeet
    County
    Gogebic
    State
    Michigan
    Longitude
    -89.401547666707
    Latitude
    46.242931222459

    Nearby Similar for Sale

    • $169,900
      5.79 Acres

      Waterfront Parcel on Cisco Chain

      5.7-acre waterfront parcel with access to 15 lakes.
      19308 Mamie Lk Rd W, Watersmeet, MI 49969
      View Details

    FAQs

    What type of property is this?
    Land - 6.71 acre parcel with lake views and stream access.
    Where is this land located?
    The property is located at 19501 Otter Ln Watersmeet, MI.
    What is the asking price?
    The asking price for this property is $69,500.
    What are key features of this property?
    This property features: - 6.71 acre private parcel with both wetlands and upland.; - Great views of Thousand Island Lake on the Cisco Chain.; - Stream runs along the lot, potentially allowing paddling access to The Chain.
    (715) 547-3341
    Request Owner's contact information
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    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
    19501 Otter Ln Watersmeet, MI 49969
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