Listing Agency: RE/MAX 1ST REALTY · RE/MAX International Show Phone

Listed By: FRAN SEVEGNEY Show Phone

Added: Nov 17, 2025 Changed: Oct 21 Last Checked: Oct 29 at 7:06AM

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MLS# 50194480

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Investment Insights

Based on property information with market context.

This 1,415-acre waterfront land property in Michigamme Township includes mature wooded terrain and shoreline on Lake Arvid. Roads extend throughout the property, with legal access providing entry. The setting and physical features are suited to recreational use.

Key Highlights

• 1,415‑acre waterfront property on Lake Arvid
• Mature wooded terrain
• Shoreline along a private lake

Location Intelligence

Trade Area within ½ mile

1

Businesses Nearby

Explore this area Business Placement

Demographics for 49861, MI

565

Population

634

Households

0.9

Avg Household Size

60

Median Age

30%

College-Educated

96%

High-School Grad

183.9 sq mi

ZIP Area

3

Density / Sq Mi

$66,806

Median Household Income

$38,542

Median Earnings

$229,200

Median Home Value

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Frequently Asked Questions

What type of property is this?

Waterfront Land - The property combines wooded terrain, shoreline, legal access, and roads throughout.

Where is this waterfront land located?

The property is located at Indian Lake Road Michigamme, MI.

What is the asking price?

The asking price for this property is $1,490,000.

What are key features of this property?

This property features: 1,415‑acre waterfront property on Lake Arvid; Mature wooded terrain; Shoreline along a private lake