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    Onaway, MI
    Waterfront

    Onaway, MI Waterfront Land for Sale

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    Millersburg, MI Cheboygan, MI Afton, MI Indian River, MI Wolverine, MI Rogers City, MI Hillman, MI Wolverine Lake, MI
    Riverfront Waterfront Land Parcel
    Updated: Feb 27
    Riverfront Waterfront Land Parcel

    Parcel B W 638 Highway, Onaway, MI 49765

    $85,000
    4.00 AC lot
    4‑acre parcel with 360 ft of frontage along the Upper Black River in Onaway
    Direct river access for trout fishing, kayaking, and canoeing
    Open countryside, rolling terrain, and a cedar forest on the property
    No HOA restrictions reported
    Two like parcels are available—buy both for $155,000
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    Upper Black River Frontage Land
    Updated: Feb 27
    Upper Black River Frontage Land

    Parcel C W 638 Highway, Onaway, MI 49765

    $85,000
    4.00 AC lot
    4‑acre parcel in Onaway with 360 ft of frontage along the Upper Black River
    Direct access to the river for trout fishing, kayaking, and canoeing
    Scenic setting with open countryside, rolling terrain, and a cedar forest
    No HOA restrictions reported
    Two like parcels available
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    Riverfront Recreation Land Parcel
    Riverfront Recreation Land Parcel

    Parcel B W 638, Onaway, MI 49765

    $99,000
    4.00 AC lot

    Scenic riverfront parcel with direct Upper Black River access and ample frontage for an up-north build.

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    Beachfront Resort with Cottages
    Beachfront Resort with Cottages

    4492 Co Road 489, Onaway, MI 49765

    Contact for pricing

    Well-maintained resort with a main home and furnished cottages, nearly 600 feet of sandy waterfront, and private boating access.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Onaway, 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 Residential Land Parcel
    Waterfront Residential Land Parcel

    5829 Krouse Road, Cheboygan, MI 49721

    $99,900

    Waterfront parcel with approximately 170 feet of lake frontage and mature hardwoods, suited for building a home or retreat.

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    Waterfront Residential Building Site
    Waterfront Residential Building Site

    Spile Dam Road, Millersburg, MI 49759

    $44,900
    1.17 AC lot

    Residential-zoned waterfront land with approximately 219 feet of lake frontage and access to Lower Barnhart Lake.

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    Cheboygan Land with Creek Frontage
    Cheboygan Land with Creek Frontage

    N Black River Road, Cheboygan, MI 49721

    $46,000
    5.00 AC lot

    Five acre land parcel with Mud Creek waterfront access.

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    Lakefront Recreation Land
    Lakefront Recreation Land

    E Shore Circle, Millersburg, MI 49759

    $38,000
    0.27 AC lot

    Parcels on Rainy Lake near Larson Memorial Park with a boat launch and beach amenities.

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    Onaway, MI Waterfront Land Market Trends and Statistics

    Explore 4 waterfront land for sale in Onaway, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 522,720 square feet of properties for sale, with an estimated market value of $269,000.

    Sale prices for water rights properties in Onaway, MI start at $85,000, averaging $89,666, and reaching up to $99,000 — 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 4
    Recreation land 4
    Hunting land 2
    Residential land & home lots 2

    Demographics Overview

    Population 4,287
    Population Growth (5Y) +15.9%
    Median Household Income $53,125
    College Educated 19.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49765 $193K

    Taxes & Financing

    Tax Rate (average for all types) 3.24%
    Tax Rate vs County Average 1.42 pp below county avg
    Average Loan-to-Value 65.0%

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