Waterfront

Newberry, MI Waterfront Land for Sale

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Mcmillan, MI Engadine, MI Curtis, MI Hulbert, MI Paradise, MI Naubinway, MI Columbus, MI Gould City, MI
Waterfront Resort With Rental Cabins
Updated: Jul 15
Waterfront Resort With Rental Cabins

16878 County Road 505, Newberry, MI 49868

$1,595,000
7,600 sqft 25.00 AC lot
Approximately 25 acres with nearly 1,700 feet of frontage on Halfway Lake
Eight rental cabins plus a guest house and owner's residence
Includes a garage and pole barn
7,600 square feet of property improvements
Near Tahquamenon Falls and extensive trail systems
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Riverfront Recreational Land
Updated: Jul 10
Riverfront Recreational Land

Newberry, MI 49868

$1,050,000
750.00 AC lot
750 acres of recreational land in Luce County, Michigan
Just over a mile of Tahquamenon River frontage
Nearly the same amount of frontage on Gimlet Creek
Mix of uplands and lowlands with hardwood ridges above the floodplain
Forest types include northern hardwood, aspen‑birch, and conifer
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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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Newberry, 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.

Hunting Land with Creek Frontage
Hunting Land with Creek Frontage

Camp 6 Road, Mcmillan, MI 49853

$149,900
231.00 AC lot

Forest Rec-zoned land offers Silver Creek frontage, brook trout fishing, and seasonal off-grid access.

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One-Acre Waterfront Island
One-Acre Waterfront Island

000 F Florence Dr, Mcmillan, MI 49853

$60,000
1.00 AC lot

Island parcel on an all-sports inland lake; boat access is recommended.

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Wooded Creekfront Land
Wooded Creekfront Land

(B) Gager Rd, Engadine, MI 49827

Contact for pricing
5.00 AC lot

Wooded recreational parcel with creek frontage, established trails, paved-road access, and power available.

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Wooded Hunting Land
Wooded Hunting Land

(A) Gager Rd, Engadine, MI 49827

Contact for pricing
5.00 AC lot

Creek-front parcel with walking trails and mixed hardwood and pine cover.

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Newberry, MI Waterfront Land Market Trends and Statistics

Explore 2 waterfront land for sale in Newberry, MI on our real estate platform. These investment opportunities span a total of 33,759,000 square feet of properties for sale, with an estimated market value of $2,645,000.

Sale prices for water rights properties in Newberry, MI start at $1,050,000, averaging $1,322,500, and reaching up to $1,595,000 — 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 20
Hunting land 13
Waterfront Land 9
Commercial land 7
Residential land & home lots 6

Demographics Overview

Population 5,231
Population Growth (5Y) -1.0%
Median Household Income $53,651
College Educated 27.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49868 $915.8K

Taxes & Financing

Tax Rate (average for all types) 3.36%
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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