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    Otter Lake, MI
    Residential

    Otter Lake, MI Residential Land & Home Lots for Sale

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    6 properties
    Lake-Access Residential Development Land
    Updated: Jun 3
    Lake-Access Residential Development Land

    C Hemingway Lake Road, Otter Lake, MI 48464

    Contact for pricing
    0.68 AC lot
    Newly divided parcels A, B, and C available as single lots for $19,900 each or as a group of three for $59,500
    Zoned R‑4, allowing homes with 600 sq. ft. minimum and flexibility for duplex‑type structures
    Public sewer available at the roadway; tap fees to be paid to the Village of Otter Lake
    DTE service available on the property; natural gas available at the roadway
    Water source: well
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    Residential Duplex-Ready Home Lots
    Updated: Jun 3
    Residential Duplex-Ready Home Lots

    B Hemingway Lake Road, Otter Lake, MI 48464

    Contact for pricing
    0.68 AC lot
    Newly divided parcels A, B and C: $19,900 each or $59,500 for all three as a group
    R‑4 zoning allows very small home sizes with a 600 sq. ft. minimum and flexibility for duplex‑type structures
    Public sewer available at the roadway (tap fees to be paid to Village of Otter Lake)
    Utilities: DTE service available on the property and natural gas at the roadway
    Well water source on the property
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    Vacant Land, Marathon Twp, MI
    Vacant Land, Marathon Twp, MI

    Otter Lake, MI 48464

    $50,000
    3.05 AC lot

    Land · 3.05 Acres

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Land
    Land

    Otter Lake, MI 48464

    $45,000

    Residential land & home lots

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    Residential Building Lot with Utilities
    Residential Building Lot with Utilities

    A Hemingway Lake, Otter Lake, MI 48464

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    0.68 AC lot

    Residentially zoned lots suited for a small starter home, barndominium, or duplex-style build with key utilities available at the roadway.

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    Vacant Land, Otter Lake Vlg, MI
    Vacant Land, Otter Lake Vlg, MI

    ABC Hemingway Lake Road, Otter Lake, MI 48464

    $49,500
    2.04 AC lot

    Land · 2.04 Acres

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in Otter Lake, 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.

    Wooded Creekside Home Lot
    Wooded Creekside Home Lot

    VL 0320 BIRCH Run, Millington, MI 48746

    Contact for pricing
    1.00 AC lot

    A wooded 1-acre parcel runs along Perry Creek on the west side, ideal for building with rural surroundings.

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    Acreage Homesite with Winding Creek
    Acreage Homesite with Winding Creek

    4500 Birch Run Road, Millington, MI 48746

    $225,000

    Rolled acreage with natural clearings, wooded privacy, and a winding creek, with natural gas available at the road.

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    VACANT LAND, Otisville, MI
    VACANT LAND, Otisville, MI

    11345 Farrand Road, Otisville, MI 48463

    $54,900
    4.56 AC lot

    Residential land & home lots · 4.56 Acres

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    Wooded Lots Ready to Build
    Wooded Lots Ready to Build

    S State St, Otisville, MI 48463

    Contact for pricing

    Side-by-side wooded lots near country club, seller financing available.

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    Otter Lake, MI Residential Land & Home Lots Market Trends and Statistics

    Explore 6 residential land & home lots for sale in Otter Lake, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 310,583 square feet of properties for sale, with an estimated market value of $144,500.

    Sale prices for home sites in Otter Lake, MI start at $45,000, averaging $48,166, and reaching up to $50,000 — 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

    Residential land & home lots 4
    Waterfront Land 2

    Demographics Overview

    Population 1,986
    Population Growth (5Y) -8.6%
    Median Household Income $64,464
    College Educated 22.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48464 $22.3K

    Taxes & Financing

    Tax Rate (average for all types) 3.15%
    Property Tax per SF $21.15 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lapeer County

    New Delisted

    Total CRE Inventory on Market (SF)

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