Houghton Lake, MI Waterfront Land for Sale

List

Map

Houghton Lake Heights, MI Prudenville, MI Roscommon, MI Merritt, MI Harrison, MI Saint Helen, MI Marquette, MI Gladwin, MI

26 properties

Sort:

Updated: May 22

Waterfront Mixed-Use Property

8848 State Avenue, Houghton Lake, MI 48629

$425,000

2,880 sqft 0.32 AC lot

2,880‑square‑foot mixed‑use building with commercial space, residential quarters, and storage
138 feet of canal frontage with direct access to Houghton Lake
0.32‑acre commercial waterfront site zoned C‑W
Five boat slips currently rented for the season
Permitted uses include retail shops, restaurants, motels, and single‑family dwellings

View details

This listing looks promising.

Here's a quick look at some key insights for

8848 State Avenue, Houghton Lake, MI 48629

View Property Analytics

Est. Cap Rate

6.1%
Above avg (5.9%)
Est. NOI

$26K
Annual
Price @ 7% Cap

$370K
Suggested
Last Sold

Aug 2022
$83K

View Property Analytics

Updated: Jun 27, 2025

Canal-Front Waterfront Lot

Long Point, Houghton Lake, MI 48629

$114,900

0.25 AC lot

Canal‑front lot on Long Point Drive with 120 feet of waterfront right out back
Easy access under the bridge to the open waters of the North Bay, just a couple lots away
Township approval noted for adding a pole barn or garage for your toys
Located on a quiet street with a friendly neighborhood feel

View details

LAND - Houghton Lake, MI

7571 E Houghton Lake Drive, Houghton Lake, MI 48629

$125,000

1.42 AC lot

Waterfront Land · 1.42 Acres

View details

Waterfront Land with Canal Frontage

2185 E Houghton Lake Dr, Houghton Lake, MI 48629

$999,900

Waterfront parcel with 86 feet of canal frontage and an attached walkout garage for water- and recreation-friendly living.

View details

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

Canal-Front Waterfront Land Lot

Long Point Drive lot: 12-13, Houghton Lake, MI 48629

$114,900

Canal-front lot with 120 feet of waterfront and access toward open North Bay waters for your build in Houghton Lake.

View details

Waterfront Recreational Land

1.24 Acres Snow Bowl Road, Houghton Lake, MI 48629

$127,500

1.24 AC lot

Waterfront land with Barney Lake frontage in Agriculture zoning for recreation-oriented buyers and future outdoor use.

View details

Waterfront Recreational Land

1.24 Acres Snowbowl Road, Houghton Lake, MI 48629

$127,500

1.24 AC lot

Agricultural-zoned waterfront land with Barney Lake frontage near town amenities in Houghton Lake, MI.

View details

Land

7571 E, Houghton Lake, MI 48629

$125,000

Waterfront Land

View details

HOUGHTON LAKE, MI

LOT 12-13 LONG POINT DRIVE, Houghton Lake, MI 48629

$114,900

Waterfront Land

View details

Waterfront Land with Lake Frontage

1.24 ACRES SNOW BOWL ROAD, Houghton Lake, MI 48629

$127,500

Barney Lake frontage pairs with township-permitted camping and access to hunting, fishing, and other outdoor recreation.

View details

Canal-Front Waterfront Building Lot

Lot 12-13 Long Point, Houghton Lake, MI 48629

Contact for pricing

Build on a canal-front lot with extensive waterfront frontage and practical access toward North Bay open waters.

View details

Barney Lake Waterfront Land

1.24 ACRES SNOWBOWL ROAD, Houghton Lake, MI 48629

$127,500

Waterfront acreage with direct lake access and camping possible through township permitting.

View details

Waterfront Land with Lake Frontage

1.24AC Snowbowl Road, Houghton Lake, MI 48629

$77,300

1.24 AC lot

Agricultural-zoned waterfront parcel with Barney Lake frontage and surrounding state land for year-round recreation planning.

View details

Waterfront Lot with Private Dock

Unit 46 Questview, Houghton Lake, MI 48629

Contact for pricing

Buildable waterfront land offering private lake access and a dock for recreation and everyday enjoyment.

View details

Waterfront Recreation Land Parcel

2.21 AC Snow Bowl Road, Houghton Lake, MI 48629

$92,700

2.21 AC lot

Waterfront acreage on Barney Lake, backed by state land and suited for recreation, camping, and future getaway use.

View details

Waterfront Recreational Land

2.21 Ac Snowbowl Road, Houghton Lake, MI 48629

$92,700

2.21 AC lot

Waterfront land with Barney Lake frontage, offering a flexible base for hunting, fishing, and recreation near town.

View details

Waterfront Recreational Land

1.12AC Snowbowl Road, Houghton Lake, MI 48629

$86,300

1.12 AC lot

Agricultural zoned lakefront parcel with Barney Lake frontage for fishing, camping, and outdoor use.

View details

Lakefront Recreational Land

1.24 AC Snow Bowl Road, Houghton Lake, MI 48629

$77,300

1.24 AC lot

Agriculture-zoned land with Barney Lake frontage, suited for weekend recreation, camping with permitting, or a future getaway.

View details

Waterfront Land with Lake Access

1.24AC SNOWBOWL ROAD, Houghton Lake, MI 48629

$77,300

Wooded recreational parcel with Barney Lake frontage and camping permitted through the township.

View details

Waterfront Land with Lake Frontage

2.21 AC SNOW BOWL ROAD, Houghton Lake, MI 48629

$92,700

Lakefront parcel bordered by state land with township-permitted camping available.

View details

Barney Lake Waterfront Land

1.24 AC SNOW BOWL ROAD, Houghton Lake, MI 48629

$77,300

Waterfront parcel offering fishing access and camping with township permitting.

View details

Waterfront Recreational Land

2.21 AC SNOWBOWL ROAD, Houghton Lake, MI 48629

$92,700

Lakefront parcel with township-permitted camping and surrounding state land.

View details

Waterfront Land with Lake Frontage

1.12 AC SNOW BOWL ROAD, Houghton Lake, MI 48629

$86,300

Barney Lake frontage and township-permitted camping support recreational use and future planning.

View details

Waterfront Recreational Land

1.12AC SNOWBOWL ROAD, Houghton Lake, MI 48629

$86,300

Barney Lake frontage and township-permitted camping support recreational use and future planning.

View details

Houghton Lake, MI Waterfront Land Market Trends and Statistics

Explore 26 waterfront land for sale in Houghton Lake, MI, showcased through 26 active listings on our real estate platform. These investment opportunities span a total of 544,064 square feet of properties for sale, with an estimated market value of $3,669,700.

Sale prices for water rights properties in Houghton Lake, MI start at $77,300, averaging $152,904, and reaching up to $999,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 7,922

Population Growth (5Y) +7.5%

Median Household Income $54,622

College Educated 25.4%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
48629	$181.6K

Taxes & Financing

Tax Rate (average for all types) 3.50%

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Roscommon County

New Delisted

Total CRE Inventory on Market (SF)

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings