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    Cheboygan, MI
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    Cheboygan, MI Waterfront Land for Sale

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    32 properties
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    Waterfront Land with Driveway & Bridge
    Updated: Jul 2
    Waterfront Land with Driveway & Bridge

    Moonlight Bay Road, Cheboygan, MI 49721

    $699,000
    22.00 AC lot
    Estate‑sized parcel with multiple potential waterfront building sites overlooking the Cheboygan River
    Located directly along the Inland Waterway
    Minutes from downtown Cheboygan
    Improvements include an established driveway and electric service extended to the waterfront building sites
    Bridge crossing the low ravine provides access across the property
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    Waterfront Land Parcel
    Updated: Jul 17
    Waterfront Land Parcel

    1321 Pioneer Road, Cheboygan, MI 49721

    $115,000
    8.11 AC lot
    8.11‑acre parcel with an already cut‑in driveway
    Elevated views of Mullett Lake
    Open acreage suited for building a custom homestead or cabin
    Minutes from the Inland Waterway and public boat launches
    Close to year‑round recreational trails
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    Lake Huron Shoreline Land
    Lake Huron Shoreline Land

    W US 23 Highway lot: 4, Cheboygan, MI 49721

    $140,000
    0.56 AC lot

    Waterfront property with views of Mackinac Bridge and Islands.

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    Waterfront Recreation Land Parcel
    Waterfront Recreation Land Parcel

    1734 East State Street, Cheboygan, MI 49721

    $42,500
    436,036 sqft 10.01 AC lot

    A mostly open 10-acre parcel with extensive road frontage near Lake Huron recreation and local marina access.

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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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    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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    Buildable Waterfront Land Parcel
    Buildable Waterfront Land Parcel

    1197 Needle Pointe Drive, Cheboygan, MI 49721

    $449,000

    Build-ready west-side Mullett Lake lot with approved plans and boring holes completed.

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    Waterfront Land with Private River Access
    Waterfront Land with Private River Access

    Mograin lot: 10, Cheboygan, MI 49721

    $185,000
    2.20 AC lot

    Estate-size waterfront lots on the Black River, suited for walkout basement designs and private shoreline living.

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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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    Northern Michigan Waterfront Land
    Northern Michigan Waterfront Land

    Lot 8 Mograin, Cheboygan, MI 49721

    Contact for pricing

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

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    Waterfront Land Parcel with Road Access
    Waterfront Land Parcel with Road Access

    Mograin lot: 2, Cheboygan, MI 49721

    $185,000
    2.30 AC lot

    Estate-size Black River frontage with walkout-suitable terrain and a planned underground electric service.

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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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    Riverfront Commercial Land Parcel
    Riverfront Commercial Land Parcel

    10324 N Straits Highway, Cheboygan, MI 49721

    Contact for pricing

    Deep riverfront lot with approximately 130 feet of frontage on the Cheboygan River near The Forks.

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    Waterfront Land with Walkout Potential
    Waterfront Land with Walkout Potential

    Mograin lot: 8, Cheboygan, MI 49721

    $185,000
    2.30 AC lot

    Estate-size Black River parcels offer private waterfront and a gentle slope ideal for walkout basement design.

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    Black River Waterfront Land Parcel
    Black River Waterfront Land Parcel

    Mograin lot: 5, Cheboygan, MI 49721

    $185,000
    2.50 AC lot

    Waterfront land with at least 200 feet of private frontage and gentle slope suited for a walkout basement build.

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    Waterfront Buildable Parcel
    Waterfront Buildable Parcel

    8190 Cordwood Trail, Cheboygan, MI 49721

    Contact for pricing

    Vacant buildable land in a lakeside association near community park and pavilion with multiple deeded accesses.

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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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    Waterfront Recreation Land
    Waterfront Recreation Land

    3696 River Rest Rd, Cheboygan, MI 49721

    Contact for pricing

    Recreational waterfront lot with a spacious dock, power, and driveway access.

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    Private Waterfront Land Parcel
    Private Waterfront Land Parcel

    Mograin lot: 7, Cheboygan, MI 49721

    $185,000
    2.30 AC lot

    Estate-size parcel with at least 200 feet of private Black River frontage and a gentle walkout-ready slope.

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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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    Lakefront Bluff Lot with Views
    Lakefront Bluff Lot with Views

    W US 23 Highway lot: 9, Cheboygan, MI 49721

    $160,000
    0.68 AC lot

    Wooded bluff lot with about 120 feet of Lake Huron frontage and wide views of the Straits of Mackinac.

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    Waterfront Land Parcel with River Access
    Waterfront Land Parcel with River Access

    Parcel C N Black River Road, Cheboygan, MI 49721

    $184,500

    Nearly an acre of land with 105 feet of Black River frontage and direct access for boating and fishing.

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    Waterfront Land Parcel with River Access
    Waterfront Land Parcel with River Access

    Parcel E N Black River Road, Cheboygan, MI 49721

    $222,500

    Parcel E offers approximately 125 feet of frontage on the Black River with direct water access in Northern Michigan.

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    Cheboygan, MI Waterfront Land Market Trends and Statistics

    Explore 32 waterfront land for sale in Cheboygan, MI, showcased through 32 active listings on our real estate platform. These investment opportunities span a total of 3,110,184 square feet of properties for sale, with an estimated market value of $5,371,300.

    Sale prices for water rights properties in Cheboygan, MI start at $42,500, averaging $198,937, and reaching up to $699,000 — 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 34
    Residential land & home lots 25
    Recreation land 23
    Hunting land 14
    Commercial land 13

    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 $146.6K

    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)

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