Waterfront

Otter Lake, MI Waterfront Land for Sale

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Millington, MI Otisville, MI Columbiaville, MI
Waterfront Building Site with Driveway
Updated: Oct 12, 2025
Waterfront Building Site with Driveway

4720 Brunk Drive, Otter Lake, MI 48464

$189,900
1.24 AC lot
312 feet of waterfrontage on Hemingway Lake
Ready‑to‑build site with driveway already in place
Beautiful views of all sports Hemingway Lake
Opportunity to build a dream home
Access to boating, swimming, and jet skiing
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Otter Lake, 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.

Residential Multi-Family Waterfront Estate
Residential Multi-Family Waterfront Estate

494 W Barnes Lake Road, Columbiaville, MI 48421

$350,000
2,200 sqft · 10.00 AC lot

Two homes on a riverfront estate with a pole barn, fenced areas, and natural gas near pavement access.

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Recreational Waterfront Land Parcel
Recreational Waterfront Land Parcel

Lapeer, MI 48446

$199,900
40.00 AC lot

A 40-acre residentially zoned parcel with Cedar Creek, fishing access, trails, and established deer blinds for outdoor use.

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Build-Ready Waterfront Homesite
Build-Ready Waterfront Homesite

4058 Hunt Rd, ElbaTownship_, Lapeer, MI 48446

$499,000

Build-ready lakefront parcel with private boat launch and utilities in place for a custom home.

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Waterfront Restaurant Opportunity in Columbiaville
Waterfront Restaurant Opportunity in Columbiaville

4586 Water St, Columbiaville, MI 48421

$249,900
2,250 sqft

Three waterfront lots with a fully functional restaurant building.

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Otter Lake, MI Waterfront Land Market Trends and Statistics

Explore 1 waterfront land for sale in Otter Lake, MI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $189,900.

Sale prices for water rights properties in Otter Lake, MI start at $189,900, averaging $189,900, and reaching up to $189,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 4
Industrial land 3
Mining land & claims 3
Agricultural land / Farmland 1
Waterfront Land 1

Demographics Overview

Population 1,986
Population Growth (5Y) -8.6%
Median Household Income $64,464
College Educated 22.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
48464 $194K

Taxes & Financing

Tax Rate (average for all types) 3.15%
Property Tax per SF $21.15 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lapeer County

New Delisted

Total CRE Inventory on Market (SF)

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