Shelby, MI
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    Shelby, MI Waterfront Land for Sale

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    New Era, MI Mears, MI Hart, MI
    Homer Lake Waterfront Land Opportunity
    $160,000
    6.91 Acres

    Homer Lake Waterfront Land Opportunity

    V/L W Buchanan Road, Shelby, MI 49455

    Buildable lakefront property on Homer Lake with association access.

    • Premium lake frontage on Homer Lake
    • Buildable site with south‑facing orientation for all‑day sunlight
    • 6.91 total acres (includes additional parcel)
    • Elevated, wooded hillside location providing privacy and lake views
    • Access to lake association
    Updated: Apr 1
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    Based on your search, we've compiled 1 Potential Opportunities for your consideration. Besides 1 Active listings in Shelby, MI, we suggest exploring several alternatives:

    Shelby, MI Waterfront Land Investment Opportunities Market Analysis

    Explore 1 waterfront land for sale in Shelby, 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 $160,000.

    Sale prices for water rights properties in Shelby, MI start at $160,000, averaging $160,000, and reaching up to $160,000 — 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

    Residential land & home lots 15
    Hunting land 3
    Recreation land 3
    Agricultural land / Farmland 2
    Waterfront Land 1

    Demographics Overview

    Population 5,272
    Population Growth (5Y) +10.1%
    Median Household Income $65,640
    College Educated 29.1%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    49455 $160K

    Taxes & Financing

    Tax Rate (average for all types) 3.67%
    Property Tax per SF $92.89 per sq ft
    Average Loan-to-Value 65.0%

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