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Lakefront Residential Land Parcel
For Sale
$129,900

VL 3.49A Elizabeth Lane, Iron River, MI 49935

LAND - Iron River, MI

Property SizeContact for details
Lot Size3.49 Acres
Days on Market109

Property Features for VL 3.49A Elizabeth Lane

General Information

Property type Land
Property subtype Other
Zoning Residential
Zoning description Residential
Lot features Hardwoods, Wooded, Hardwoods, Wooded
Elementary school district West Iron County Public Schools
Middle school district West Iron County Public Schools
High school district West Iron County Public Schools
Directions From Iron River, travel northwest on US-2 to Smoky Lake Road. Turn southeast onto Smoky Lake Road and continue for approximately 4.35 miles. Then make a sharp turn north onto Elizabeth Lane and continue for 1.2 miles. The property will be on your right.
Subdivision Iron
Standard status Active
Lot size 3.49 Acres

Taxes and HOA fees

Tax Description 417 52 442 347 102 B Lot 13 Homan Lake Sec 17, T43 N R36 W Par Gl 7 Com @ N 1/4 Cnr Sd Sec; Th N 89 E Alg N Ln Sd Gl 7 308.62'; Th S 225.82' To N'ly R/W Ln Esmt Rd; Th S'ely & S'wly Alg Sd R/W S 01 W 119.96'; Th S 36 W Cong Alg Sd R/W 463.32' To Pob; S
Legal Description 417 52 442 347 102 B Lot 13 Homan Lake Sec 17, T43 N R36 W Par Gl 7 Com @ N 1/4 Cnr Sd Sec; Th N 89 E Alg N Ln Sd Gl 7 308.62'; Th S 225.82' To N'ly R/W Ln Esmt Rd; Th S'ely & S'wly Alg Sd R/W S 01 W 119.96'; Th S 36 W Cong Alg Sd R/W 463.32' To Pob; S

Utilities

Water front features Lake
Water front 1
Listing Agency: TERRAQUEST REAL ESTATE & LAND
Listed By: Johnathan Berghorst · License #6501446246
Added: May 15 Changed: Jul 8 Last Checked: Aug 31 at 10:06PM
MLS# 1945686

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This is a residentially zoned lakefront land parcel totaling 3.49 acres, offered for sale in Iron County. The property includes approximately 369 feet of frontage on Homan Lake and sits within a wooded setting that supports a private, outdoor-focused building site. Underground electricity is listed as available at Elizabeth Ln.

The parcel is positioned on Homan Lake, described as a 153-acre no-wake lake. The lake is noted for activities such as swimming, kayaking, canoeing, and fishing. The property is approximately 12 miles from Iron River.

For buyers looking to build on the Upper Peninsula, the combination of residential zoning, significant lake frontage, and available underground electricity offers a practical foundation for a cabin, primary home, or private retreat. The no-wake character of Homan Lake may appeal to buyers prioritizing a quieter boating and water recreation experience. Buyers should verify all development requirements and lakefront use considerations with the appropriate local authorities before proceeding.

Key Highlights

  • 3.49‑acre lakefront parcel in Iron County
  • Approx. 369 ft of frontage on Homan Lake
  • Homan Lake is a 153‑acre no‑wake lake for swimming, kayaking, canoeing, and fishing

Property Analytics

Current Use

Waterfront Land

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 49935, MI

5,952
Population
4,610
Households
1.3
Avg Household Size
51
Median Age
20%
College-Educated
93%
High-School Grad
457.0 sq mi
ZIP Area
13
Density / Sq Mi
$52,254
Median Household Income
$38,052
Median Earnings
$445
Median Rent
$103,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Waterfront Land - Residential lakefront parcel with wooded surroundings and substantial Homan Lake frontage for cabin, home, or retreat development.
Where is this waterfront land located?
The property is located at VL 3.49A Elizabeth Lane Iron River, MI.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: 3.49‑acre lakefront parcel in Iron County; Approx. 369 ft of frontage on Homan Lake; Homan Lake is a 153‑acre no‑wake lake for swimming, kayaking, canoeing, and fishing
More about this property
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