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    Rapid City, MI
    Waterfront

    Rapid City, MI Waterfront Land for Sale

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    Alden, MI Williamsburg, MI Elk Rapids, MI
    Lake-Adjacent Residential Estate Land
    Updated: Mar 29
    Lake-Adjacent Residential Estate Land

    B-3 Stallman Road, Rapid City, MI 49676

    $139,900
    7.51 AC lot
    7.5‑acre estate parcel in the Rapid City area
    Located between Torch Lake and Elk Lake
    Well is needed for water service
    Septic is needed for sewer service
    Additional 7.5 acres also available; 15 acres available for $299,000
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    Forested Land With Split Potential
    Updated: Jun 24
    Forested Land With Split Potential

    NW Morrison Road, Rapid City, MI 49676

    $229,900
    40.00 AC lot
    40 acres of forested Northern Michigan land with hardwood trees
    Access via a two‑track road
    Zoning allows 7 splits; each parcel must be at least 5 acres
    South of the property is a 40‑acre parcel owned by Kalkaska County
    Northeast corner touches the southwest corner of the Seven Bridges Nature Area (State of Michigan)
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    Residential Waterfront Estate Land
    Residential Waterfront Estate Land

    B-4 Stallman Road, Rapid City, MI 49676

    $159,900
    7.51 AC lot

    Build a private estate on a residential waterfront parcel near Torch and Elk lakes in the Rapid City area.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Rapid City, 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 Land with Private Frontage
    Waterfront Land with Private Frontage

    Mallard Lane lot: 9, Bellaire, MI 49615

    $225,000
    0.22 AC lot

    Cleared waterfront lot with private frontage and existing site improvements for building your waterfront home.

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    Waterfront Land Parcel
    Waterfront Land Parcel

    SE Torch Lake Drive lot: 2, Alden, MI 49612

    $2,600,000
    0.80 AC lot

    Vacant residential parcel with 102 feet of Torch Lake frontage, ready for your build in Alden, Michigan.

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    Cleared Waterfront Residential Lot
    Cleared Waterfront Residential Lot

    Harbor Street lot: 3, Bellaire, MI 49615

    $235,000
    0.24 AC lot

    Cleared waterfront lot with direct boat access to the Lower Chain of Lakes near downtown Bellaire.

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    Waterfront View Land Parcel
    Waterfront View Land Parcel

    Parcel C Cemetery Road lot: C, Alden, MI 49612

    $169,900
    2.50 AC lot

    A 2.5-acre parcel with Torch Lake views near downtown Alden, suited for a walkout design with limited deed restrictions.

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    Rapid City, MI Waterfront Land Market Trends and Statistics

    Explore 3 waterfront land for sale in Rapid City, MI, showcased through 3 active listings 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 $529,700.

    Sale prices for water rights properties in Rapid City, MI start at $139,900, averaging $176,566, and reaching up to $229,900 — 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

    Recreation land 7
    Hunting land 6
    Residential land & home lots 6
    Waterfront Land 3
    Commercial land 1

    Demographics Overview

    Population 3,689
    Population Growth (5Y) +4.1%
    Median Household Income $67,479
    College Educated 43.1%

    Taxes & Financing

    Tax Rate (average for all types) 2.96%
    Property Tax per SF $16.63 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kalkaska County

    New Delisted

    Total CRE Inventory on Market (SF)

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