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    Cheboygan, MI
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    Cheboygan, MI Waterfront Land for Sale

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    Indian River, MI Onaway, MI Ocqueoc, MI Topinabee, MI Afton, MI Pointe Aux Pins, MI Brutus, MI Levering, MI
    80 properties
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    Waterfront Land with Building Sites
    Updated: Jul 2
    Waterfront Land with Building Sites

    Moonlight Bay Road, Cheboygan, MI 49721

    $649,000
    22.00 AC lot
    22 acres along the Cheboygan River
    Multiple potential waterfront building sites
    Located along the Inland Waterway
    Electric service extended to waterfront building sites
    Established driveway provides property access
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    Lake Huron Waterfront Land
    Updated: Sep 18
    Lake Huron Waterfront Land

    11859 Mackinaw Straits Drive, Cheboygan, MI 49721

    $145,000
    2.16 AC lot
    2.16‑acre wooded Lake Huron waterfront parcel
    120 feet of frontage on Lake Huron
    Cut‑in driveway and potential building site near the bluff
    Stony beach along the water’s edge
    Electric, natural gas, and fiber optic internet at the road
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    Waterfront Lot on Long Lake
    Waterfront Lot on Long Lake

    5130 Hiawatha Drive, Cheboygan, MI 49721

    $211,000
    0.47 AC lot

    Pristine waterfront lot ready for building on Long Lake.

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    Lakefront Building Site
    Lakefront Building Site

    00 W Us 23 Hwy, Cheboygan, MI 49721

    $160,000

    Bluff parcel with views across Lake Huron toward Bois Blanc and Mackinac Islands.

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    Waterfront Land with Building Sites
    Waterfront Land with Building Sites

    MOONLIGHT BAY ROAD, Cheboygan, MI 49721

    $649,000

    Multiple waterfront sites overlook the Cheboygan River, with electric service already extended to the building areas.

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    Commercial Land with Billboard
    Commercial Land with Billboard

    V/L E STATE STREET, Cheboygan, MI 49721

    $110,000

    Vacant commercial land offers access from two streets and includes an existing income-producing billboard.

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    Waterfront Buildable Lot
    Waterfront Buildable Lot

    9729 N Godin Circle, Cheboygan, MI 49721

    $95,000
    0.28 AC lot

    Buildable waterfront lot with 100 feet of frontage on Twin Lakes, suited for a year-round home or seasonal retreat.

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    Vacant Land
    Vacant Land

    3282 Edgewater Dr, Cheboygan, MI 49721

    $265,000

    Waterfront Land

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    Waterfront Land Parcel with Walkout Potential
    Waterfront Land Parcel with Walkout Potential

    Lower Mograin lot: 12, Cheboygan, MI 49721

    $165,000
    1.80 AC lot

    Waterfront Black River parcel with gentle slope suitable for a walkout basement and private shoreline use.

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    Black River Waterfront Land Parcel
    Black River Waterfront Land Parcel

    Lower Mograin lot: 11, Cheboygan, MI 49721

    $165,000
    1.70 AC lot

    Waterfront land on the Black River with a gentle slope and walkout basement suitability for a future home site.

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    Vacant Land
    Vacant Land

    11619 Mackinaw Straits Dr, Cheboygan, MI 49721

    $329,900

    Waterfront Land

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    Waterfront Land Parcel for a Estate Home
    Waterfront Land Parcel for a Estate Home

    Mograin lot: 9, Cheboygan, MI 49721

    $185,000
    2.60 AC lot

    Waterfront land on the Black River with private shoreline and a gentle slope suitable for a walkout design.

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    Waterfront Land with Riverfront Access
    Waterfront Land with Riverfront Access

    Mograin lot: 6, Cheboygan, MI 49721

    $185,000
    2.60 AC lot

    Estate-size parcels on the Black River with private waterfront and gentle slope for walkout design options.

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    Vacant Land
    Vacant Land

    Lot 4 W Us 23 Highway, Cheboygan, MI 49721

    $125,000

    Waterfront Land

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    Private Waterfront Land Parcel
    Private Waterfront Land Parcel

    Mograin Rd lot: 3, Cheboygan, MI 49721

    $185,000
    2.30 AC lot

    Waterfront land on the Black River with build-ready terrain well suited for a walkout basement design.

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    Land, Cheboygan, MI
    Land, Cheboygan, MI

    3286 Edgewater Drive, Cheboygan, MI 49721

    $250,000
    0.65 AC lot

    Residential land & home lots · 0.65 Acres

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    Vacant Land
    Vacant Land

    Lot 9 W Us 23 Highway, Cheboygan, MI 49721

    $160,000

    Waterfront Land

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    Land, Cheboygan, MI
    Land, Cheboygan, MI

    3282 Edgewater Drive, Cheboygan, MI 49721

    $265,000
    0.63 AC lot

    Waterfront Land · 0.63 Acres

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    Vacant Land
    Vacant Land

    Lot 6 Mograin, Cheboygan, MI 49721

    $185,000

    Waterfront Land

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    Land, Cheboygan, MI
    Land, Cheboygan, MI

    11619 Mackinaw Straits Drive, Cheboygan, MI 49721

    $329,900
    5.00 AC lot

    Waterfront Land · 5.00 Acres

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    Vacant Land with Lake Access
    Vacant Land with Lake Access

    14241 WALDMAR COURT, Cheboygan, MI 49721

    Contact for pricing

    Vacant lot with deeded access to Lake Huron in the Cordwood area.

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    Riverfront Land Lot with Private Access
    Riverfront Land Lot with Private Access

    Parcel #12 River Edge Drive, Cheboygan, MI 49721

    $134,900
    3.10 AC lot

    Lot 12 offers riverfront privacy with 225 feet of Black River frontage in a new development.

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    Waterfront Residential Land Parcel
    Waterfront Residential Land Parcel

    5829 Krouse Road, Cheboygan, MI 49721

    $99,900

    Waterfront parcel with approximately 170 feet of lake frontage and mature hardwoods, suited for building a home or retreat.

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    Wooded Waterfront Land
    Wooded Waterfront Land

    12295 U.S. 23, Cheboygan, MI 49721

    $109,999
    1.00 AC lot

    A level area at the front transitions to wooded terrain that slopes toward Lake Huron.

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    Cheboygan, MI Waterfront Land Market Trends and Statistics

    Explore 80 waterfront land for sale in Cheboygan, MI, showcased through 80 active listings on our real estate platform. These investment opportunities span a total of 4,665,276 square feet of properties for sale, with an estimated market value of $13,927,899.

    Sale prices for water rights properties in Cheboygan, MI start at $32,000, averaging $180,881, and reaching up to $799,000 — 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

    Waterfront Land 49
    Residential land & home lots 40
    Recreation land 28
    Commercial land 15
    Hunting land 15

    Demographics Overview

    Population 14K
    Population Growth (5Y) -2.2%
    Median Household Income $60,840
    College Educated 29.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49721 $165K

    Taxes & Financing

    Tax Rate (average for all types) 3.46%
    Tax Rate vs County Average 0.26 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cheboygan County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Cheboygan, MI

    • 49721

    Featured Cheboygan Real Estate Agencies

    Realmo connects you with licensed Cheboygan CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Exit Realty Premier
    1160 E State St Suite B Cheboygan, MI
    Phone: (231) 597-8000
    Coldwell Banker Schmidt Realtors of Cheboygan
    10667 N. Straits Highway, P.O. Box 217 Cheboygan, MI 49721
    Phone: (231) 627-9959
    Pure Michigan Property
    10621 Twin Lake Road Cheboygan, MI
    Phone: (906) 420-3400
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