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    North Ellen St Grand Marais, MI 49839

    For Sale
    $675,000

    Vacant Waterfront - Grand Marais, MI

    Days on Market:
    91
    Last Refresh:
    Dec 7 at 11:06 am

    Property Features for North Ellen St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    002-106-071-00 002-106-071-00

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Cap's Grand Marais Bucket List Realty (906) 202-0952

    Listing agent Rick Capogrossa (906) 202-0952

    Listing date Sep 8, 2025

    MLS# 24-534 Listing URL

    Copyright © 2025 Eastern Upper Peninsula Board 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

    Waterfront Property in Grand Marais

    This property features a significant tract of privately owned waterfront on Grand Marais West Bay, offering more than 250 feet of pristine beachfront. It is located at the end of North Ellen St in Grand Marais, MI.
    Location Intelligence

    Current Use by Public Records

    Specialty properties

    Map

    City
    Grand Marais
    County
    Alger
    State
    Michigan
    Longitude
    -86.0842
    Latitude
    46.5816

    Nearby Similar for Sale

    • $1,250,000
      3,088 SF

      Grand Marais Commercial Business Opportunity

      Market and gas station serving residents and tourists in Grand Marais.
      14284 Lk N, Grand Marais, MI 49839
      View Details

    FAQs

    What type of property is this?
    Specialty property - Pristine beachfront property located on Grand Marais West Bay.
    Where is this specialty property located?
    The property is located at North Ellen St Grand Marais, MI.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - More than 250' of pristine beachfront; - Largest tract of privately owned waterfront on Grand Marais West Bay; - Waterfront property
    (906) 202-0952
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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
    North Ellen St Grand Marais, MI 49839
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