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    Hancock, MI
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    Hancock, MI Waterfront Land for Sale

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    Houghton, MI Portage, MI South Range, MI Dollar Bay, MI Chassell, MI Calumet, MI Atlantic Mine, MI Hubbell, MI
    Portage Lake Waterfront Land
    Updated: May 22
    Portage Lake Waterfront Land

    21207 ROYCE Road, Hancock, MI 49930

    $1,500,000
    7.88 AC lot
    7.88‑acre Portage Lake waterfront parcel
    Over 600' of waterfront
    Views to the east, south, and west
    Cell tower with an existing lease
    Public water service
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    Lakefront Development Land Parcel
    Updated: Jul 7
    Lakefront Development Land Parcel

    21207 Royce Road, Hancock, MI 49930

    $1,500,000
    7.88‑acre Portage Lake waterfront parcel with waterfront access and all‑sports lake frontage
    Over 600 ft of waterfront; interior lake water features plus lakefront/waterfront designation
    Frontage on Portage Lake with deep, large lot description including partially wooded areas
    Existing cell tower on the parcel with lease income of $1,224.30 per month
    Public utilities available: public sewer at street and gas at street; paved road access
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    Partially Cleared Farmland
    Partially Cleared Farmland

    TBD 3 Forsman, Hancock, MI 49930

    $99,000

    Mixed open and wooded acreage with road frontage and Gooseneck Creek crossing the property.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Hancock, 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.

    Waterfront Land with Barn
    Waterfront Land with Barn

    44065 US HWY 41, Chassell, MI 49916

    $199,000
    6.05 AC lot

    Waterfront acreage includes a storage barn, operational drilled well, private access, and a separate shoreline parcel.

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    Wooded Recreation Land with Creek
    Wooded Recreation Land with Creek

    TBD13 Upper Point Mills Road, Dollar Bay, MI 49922

    $75,000
    15.43 AC lot

    Surveyed wooded parcel with creek frontage, dual road access, and power and phone service at the roads.

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    Wooded Waterfront Recreational Parcel
    Wooded Waterfront Recreational Parcel

    Lot 19 Keweenaw Pass, Lake Linden, MI 49945

    $39,900
    1.80 AC lot

    A 1.8-acre wooded parcel with about 220 feet of private Mud Lake frontage and utilities available at the road.

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    Wooded Waterfront Camping Lot
    Wooded Waterfront Camping Lot

    52165 Bootjack Road, Lake Linden, MI 49945

    $217,000

    Wooded Torch Lake lot with a cleared area, lake access stairs, and electric service to an included RV site.

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    Hancock, MI Waterfront Land Market Trends and Statistics

    Explore 3 waterfront land for sale in Hancock, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 343,253 square feet of properties for sale, with an estimated market value of $3,099,000.

    Sale prices for water rights properties in Hancock, MI start at $99,000, averaging $1,033,000, and reaching up to $1,500,000 — 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 3
    Residential land & home lots 3
    Industrial land 2
    Agricultural land / Farmland 1

    Demographics Overview

    Population 7,199
    Population Growth (5Y) -1.1%
    Median Household Income $67,946
    College Educated 60.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49930 $824.5K

    Total CRE Inventory on Market (SF)

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