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    Otter Lake, MI
    Waterfront

    Otter Lake, MI Waterfront Land for Sale

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    Otisville, MI Millington, MI Columbiaville, MI Fostoria, MI Lake, MI Benton Harbor, MI Davison, MI North Branch, 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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    Waterfront Building Site
    Updated: Jul 16
    Waterfront Building Site

    Otter Lake, MI 48464

    $189,900
    Expansive waterfront building site with 312 ft of lake frontage on Hemingway Lake.
    Partially installed driveway already in place, with land ready for construction.
    Waterfront lifestyle amenities include boating, swimming, and jet skiing.
    Features views of all sports Hemingway Lake and offers sunset views.
    View details
    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 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.

    Lake-View Building and Recreational Land
    Lake-View Building and Recreational Land

    V/L 7 Shay Lake Road, Kingston, MI 48741

    $167,500
    13.50 AC lot

    13.5+/- acres with rolling hardwoods and multiple elevated building sites offering lake views in Kingston, MI.

    View details
    Lake-Front Buildable Land Parcel
    Lake-Front Buildable Land Parcel

    V/L 1 Hurds Corner Road, Kingston, MI 48741

    $144,500
    12.75 AC lot

    A 12.75+/- acre parcel with lake frontage and multiple potential building sites in Kingston, MI.

    View details
    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.

    View details
    Rolling Waterfront Land Parcel
    Rolling Waterfront Land Parcel

    3020 Merwin Road, Lapeer, MI 48446

    $99,000
    6.35 AC lot

    A 6.35-acre parcel with a pond and wooded areas, offering a designated area for septic approval needs.

    View details

    Otter Lake, MI Waterfront Land Market Trends and Statistics

    Explore 2 waterfront land for sale in Otter Lake, MI on our real estate platform. These investment opportunities span a total of 54,014 square feet of properties for sale, with an estimated market value of $379,800.

    Sale prices for water rights properties in Otter Lake, MI average $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 5
    Industrial land 3
    Mining land & claims 3
    Waterfront Land 2

    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 $659.9K

    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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