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    Manistique, MI
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    Manistique, MI Waterfront Land for Sale

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    Riverfront Development Land
    Updated: Apr 29
    Riverfront Development Land

    N Cedar Street, Manistique, MI 49854

    $235,000
    51.00 AC lot
    Two parcels sold together for a large tract of land near Cedar Street with established access
    About 51 acres of usable land (buyer to verify acreage, measurements, and river frontage)
    Direct frontage on the Manistique River
    Sale does not include the public boat launch or property associated with the boat launch area
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    Lakefront Building Site with Wetlands
    Updated: May 27
    Lakefront Building Site with Wetlands

    County Road 441, Manistique, MI 49854

    $95,000
    0.79 AC lot
    100 ft of frontage on Indian Lake
    Northwestern exposure for views and sunsets
    Parcel is mostly wetland with some higher ground toward the middle
    Best suited for building a small home or cabin (not ideal for parking a camper)
    Indian Lake is an 8,400‑acre all‑sports lake for boating, swimming, and fishing
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    Waterfront Residential Land Lot
    Waterfront Residential Land Lot

    2686 Hidden Shores Drive, Manistique, MI 49854

    $229,000
    2.01 AC lot

    Waterfront land with 200 feet of sandy shoreline, featuring installed well and septic plus underground power and a completed gravel driveway.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Scenic Waterfront Land in Manistique
    Scenic Waterfront Land in Manistique

    W Smith Lake Drive, Manistique, MI 49854

    $75,000
    1.49 AC lot

    1.49 acre waterfront parcel on Smith Lake, Upper Peninsula.

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    Waterfront Land in Manistique, MI
    Waterfront Land in Manistique, MI

    W Smith Lake Drive, Manistique, MI 49854

    $75,000
    1.60 AC lot

    1.6 acre waterfront parcel with 100 feet of frontage.

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    Lake Michigan Frontage Land
    Lake Michigan Frontage Land

    US2 Highway lot: A, B, & C, Manistique, MI 49854

    $299,000
    4.48 AC lot

    Waterfront land with sandy Lake Michigan frontage, gravel parking, and on-site electrical hookups across parcels A, B, and C.

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    Lakefront Residential Land
    Lakefront Residential Land

    6789 W US 2 Highway, Manistique, MI 49854

    $289,000
    0.69 AC lot

    Build-ready waterfront homesite with an existing foundation, well, septic, and wide frontage for a personalized lakeside home.

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    Lake Michigan Waterfront Land Parcel
    Lake Michigan Waterfront Land Parcel

    Peninsula Acres Road, Manistique, MI 49854

    $224,500
    9.14 AC lot

    9.14-acre parcel with 250 feet of Lake Michigan frontage.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 8 Active listings in Manistique, 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.

    Lake Michigan Waterfront Land
    Lake Michigan Waterfront Land

    3353 W Michibay Dr, Gulliver, MI 49840

    $594,000
    13.00 AC lot

    Lake Michigan waterfront parcel with approximately 330 feet of sandy beach frontage, wooded acreage, and an existing driveway.

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    Gulliver Lake Waterfront Land Parcel
    Gulliver Lake Waterfront Land Parcel

    W N Gulliver Lake Road, Gulliver, MI 49840

    $110,000
    4.51 AC lot

    Large 4.5+ acre parcel on Gulliver Lake's north shore.

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    Lake Michigan Waterfront Land
    Lake Michigan Waterfront Land

    14345 Nahma Shores Drive, Nahma, MI 49864

    $149,500
    2.21 AC lot

    2.21 acres with 284' of private Lake Michigan shoreline.

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    Waterfront Land with Sand Beach
    Waterfront Land with Sand Beach

    14387 Nahma Shores JJ.45 Drive, Nahma, MI 49864

    $65,000
    0.51 AC lot

    Waterfront parcel on Nahma Golf Course with woods and a sand beach; electricity available at the road.

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    Manistique, MI Waterfront Land Market Trends and Statistics

    Explore 8 waterfront land for sale in Manistique, MI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 3,101,472 square feet of properties for sale, with an estimated market value of $1,521,500.

    Sale prices for water rights properties in Manistique, MI start at $75,000, averaging $190,187, and reaching up to $299,000 — 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

    Commercial land 13
    Waterfront Land 10
    Residential land & home lots 10
    Agricultural land / Farmland 6
    Hunting land 3

    Demographics Overview

    Population 6,148
    Population Growth (5Y) -0.7%
    Median Household Income $57,212
    College Educated 27.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49854 $159.8K

    Taxes & Financing

    Tax Rate (average for all types) 4.41%
    Property Tax per SF $81.50 per SF
    Tax Rate vs County Average 0.84 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Schoolcraft County

    New Delisted

    Total CRE Inventory on Market (SF)

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