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    Hancock, MI
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    Hancock, MI Waterfront Land for Sale

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    Houghton, MI Portage, MI Chassell, MI South Range, MI Dollar Bay, MI Atlantic Mine, MI Hubbell, MI Lake Linden, MI
    Waterfront Land Parcel For Sale
    Updated: May 22
    Waterfront Land Parcel For Sale

    21207 ROYCE Road, Hancock, MI 49930

    $1,500,000
    7.88 AC lot
    7.88 acre parcel with over 600' of Portage Lake waterfront access.
    Prime waterfront location** close to the Portage Lift Bridge, ideal for development.
    Cell tower lease provides immediate income of $1,224.30 per month.
    Great views to the east, south, and west.
    Last large piece of waterfront in the area.
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    Waterfront Land with Sandy Beach
    Updated: Jun 3
    Waterfront Land with Sandy Beach

    Lakeshore Drive, Hancock, MI 49930

    $199,000
    1.49 AC lot
    Nearly 1.5‑acre waterfront parcel on Lakeshore Drive with approx. 150 ft of Lake Superior frontage
    Sandy beach shoreline with elevated views of Lake Superior
    Creek runs through the property, and beach access is available near the creek outlet
    Access via easement across the adjacent parcel, with provision for a future driveway crossing over the creek
    Transformer for electric is in place; power has not been run to the property
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    Lake Superior Waterfront Development Land
    Lake Superior Waterfront Development Land

    57583 Lakeshore Drive, Hancock, MI 49930

    $279,000
    1.59 AC lot

    Waterfront parcel with a prepared building site, driveway, and electrical service, plus creek and sandy bluff beach access.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Lakefront Development Land Parcel
    Lakefront Development Land Parcel

    21207 Royce Road, Hancock, MI 49930

    $1,500,000

    A waterfront land parcel with extensive prime shoreline and existing cell tower lease income.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 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.

    Wooded Waterfront Lot with Easement Access
    Wooded Waterfront Lot with Easement Access

    Unit 12 Redridge Creek Road, Atlantic Mine, MI 49905

    $45,000
    2.05 AC lot

    Unit 12 is a wooded hillside lot with shared Lake Superior beach access and an internal walking easement.

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    Waterfront Site-Access Lot
    Waterfront Site-Access Lot

    12 Redridge Creek Road, Atlantic Mine, MI 49905

    $45,000
    2.05 AC lot

    Wooded hillside lot with shared Lake Superior access, easement path, and mature trees within a site condo association.

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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.

    View details

    Hancock, MI Waterfront Land Market Trends and Statistics

    Explore 4 waterfront land for sale in Hancock, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 477,418 square feet of properties for sale, with an estimated market value of $3,478,000.

    Sale prices for water rights properties in Hancock, MI start at $199,000, averaging $869,500, 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 5
    Residential land & home lots 3
    Commercial land 2
    Industrial land 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 $869.5K

    Total CRE Inventory on Market (SF)

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