Waterfront

Wakefield, MI Waterfront Land for Sale

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Riverfront Recreation Land
Updated: Aug 24
Riverfront Recreation Land

Camp 4 Grade Road, Wakefield, MI 49968

$3,360,000
1,200.00 AC lot
Approximately 1,200+/- acres of Northern Michigan recreation land
River frontage with Ledge Creek crossing the property and flowing into the Presque Isle River
Three‑bedroom cabin with full basement, open fireplace, and private well
Mature hardwood forest managed for timber and wildlife habitat
Maintained interior roads, on‑site gravel pit, and bridge built for very heavy trucks
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Waterfront Land with Cabin
Updated: Oct 14
Waterfront Land with Cabin

Off CHANEY LAKE RD, Wakefield, MI 49968

$122,500
20.00 AC lot
20‑acre riverfront parcel
2025‑built cabin measuring 12' x 24', with approximately 288 square feet
Uninsulated cabin on elevated ground overlooking the river
Established access and maintained opening near the cabin
Approximately three miles from town
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Wakefield, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Lake Superior Waterfront Land
Lake Superior Waterfront Land

Maple Creek Road, Ironwood, MI 49938

$8,172,750
867.89 AC lot

Expansive wooded acreage with shoreline access, internal roads, a hunting cabin, and gated entry.

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Land, Hurley, WI
Land, Hurley, WI

12729N DUPONT RD, Hurley, WI 54534

$200,000
104.00 AC lot

Waterfront Land · 104.00 Acres

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Hunting Land with Creek Frontage
Hunting Land with Creek Frontage

Presque Isle Road, Ironwood, MI 49938

$968,000
476.00 AC lot

A timbered northwoods tract features trails, varied terrain and habitat for several game species.

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Land
Land

12729N Dupont Rd, Hurley, WI 54534

$200,000

Residential land & home lots

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Wakefield, MI Waterfront Land Market Trends and Statistics

Explore 2 waterfront land for sale in Wakefield, MI on our real estate platform. These investment opportunities span a total of 53,143,200 square feet of properties for sale, with an estimated market value of $3,482,500.

Sale prices for water rights properties in Wakefield, MI start at $122,500, averaging $1,741,250, and reaching up to $3,360,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Recreation land 5
Residential land & home lots 3
Hunting land 2
Waterfront Land 2
Commercial land 1

Demographics Overview

Population 2,305
Population Growth (5Y) +19.5%
Median Household Income $51,607
College Educated 23.3%

High-Yield Neighborhoods for Investment

Identify Wakefield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49968 $3.4M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Gogebic County

New Delisted

Total CRE Inventory on Market (SF)

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