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    Luther, MI
    Waterfront

    Luther, MI Waterfront Land for Sale

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    Reed City, MI Leroy, MI Chase, MI Baldwin, MI Irons, MI Idlewild, MI Tustin, MI Wellston, MI
    6 properties
    Lakefront Multifamily Property
    Updated: Jul 27
    Lakefront Multifamily Property

    3943 N Skookum Road, Luther, MI 49656

    $3,900,000
    22,755 sqft 668.82 AC lot
    668.82‑acre multifamily property with private lake and creek waterfront
    12,500‑square‑foot lodge with 10 guest suites and commercial kitchen
    Four additional residential buildings provide approximately 8,800 square feet
    Private Rockwell Lake described as 45–50 acres
    Separate manager’s residence plus maintenance and support buildings
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    Waterfront Land With Lodge
    Updated: Jul 27
    Waterfront Land With Lodge

    3943 N Skookum Road, Luther, MI 49656

    $3,900,000
    22,755 sqft 670.00 AC lot
    Private Rockwell Lake described as approximately 45‑50 acres
    12,500 sq ft lodge with 10 guest suites, commercial kitchen, dining areas, and gathering spaces
    Four additional residential buildings totaling approximately 8,800 sq ft of living space
    Separate manager's residence plus maintenance and support buildings
    Wooded grounds with an established trail system
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    Little Manistee Riverfront Land
    Little Manistee Riverfront Land

    646 W 3 Mile Road, Luther, MI 49656

    $70,000
    0.50 AC lot

    Vacant riverfront parcel with a camper, well, and electricity available.

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    Land
    Land

    4232 E 3 1/2 Mile Rd, Luther, MI 49656

    $55,000

    Waterfront Land

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    Wooded Recreation Land with Stream
    Wooded Recreation Land with Stream

    321 W Runway Drive, Luther, MI 49656

    $69,500
    3.19 AC lot

    Wooded recreational parcel with a cleared site, creek, electricity availability, and outdoor trail access.

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    Waterfront Land with Build Sites
    Waterfront Land with Build Sites

    V/L 67A E Old M-63, Luther, MI 49656

    $470,000
    67.00 AC lot

    Lakefront acreage with electricity available and multiple locations suited to future construction.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in Luther, 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 Creek Frontage
    Waterfront Land with Creek Frontage

    22313 10 Mile Road, Reed City, MI 49677

    $85,000
    7.00 AC lot

    A developed driveway, elevated septic system with pump, and electricity availability provide existing site improvements.

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    Waterfront Land Along Trout Stream
    Waterfront Land Along Trout Stream

    22361 9 MILE ROAD, Reed City, MI 49677

    $89,000

    Riverfront acreage with existing improvements and potential for future building near Reed City.

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    Vacant Lot/Land, Tustin, MI
    Vacant Lot/Land, Tustin, MI

    21211 N Northcrest Drive, Tustin, MI 49688

    $80,000
    0.38 AC lot

    Waterfront Land · 0.38 Acres

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    Waterfront Land with Included RV
    Waterfront Land with Included RV

    Tustin, MI 49688

    $80,000

    Private Hewitt Lake setting with septic service, electricity, a floating dock, and an elevated homesite for future construction.

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    Luther, MI Waterfront Land Market Trends and Statistics

    Explore 6 waterfront land for sale in Luther, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 61,398,256 square feet of properties for sale, with an estimated market value of $8,464,500.

    Sale prices for water rights properties in Luther, MI start at $55,000, averaging $1,410,750, and reaching up to $3,900,000 — 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

    Recreation land 10
    Waterfront Land 6
    Hunting land 5
    Agricultural land / Farmland 1
    Residential land & home lots 1

    Demographics Overview

    Population 2,111
    Population Growth (5Y) +30.6%
    Median Household Income $55,781
    College Educated 13.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49656 $1.2M

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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