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    Wakefield, MI
    Waterfront

    Wakefield, MI Waterfront Land for Sale

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    Bessemer, MI Ironwood, MI Hurley, WI Ontonagon, MI Mercer, WI Marenisco, MI Montreal, WI Presque Isle, WI
    Riverfront Recreation Land
    Updated: Aug 24
    Riverfront Recreation Land

    Camp 4 Grade Road, Wakefield, MI 49968

    $3,360,000
    1,200.00 AC lot
    Approximately 1,200+/- acres of Northern Michigan recreation land
    River frontage with Ledge Creek crossing the property and flowing into the Presque Isle River
    Three‑bedroom cabin with full basement, open fireplace, and private well
    Mature hardwood forest managed for timber and wildlife habitat
    Maintained interior roads, on‑site gravel pit, and bridge built for very heavy trucks
    View details
    Waterfront Land Parcel with 367 Frontage
    Updated: Jul 27
    Waterfront Land Parcel with 367 Frontage

    TBD 12.2 A. Lakeshore Drive, Wakefield, MI 49968

    $135,900
    12.28 AC lot
    12+ acre waterfront parcel on Chaney Lake in Michigan’s U.P.
    367 ft of level lake frontage with big water views.
    Westerly sunset views.
    Across the road, includes a maple and hardwood forest with solid two‑track access.
    Access to year‑round recreation on 496‑acre Chaney Lake (fishing, boating, and nearby ATV/snowmobile trails).
    View details
    See what stands out in Gogebic County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Wakefield, 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 Lake Frontage
    Waterfront Land with Lake Frontage

    14175 Harris Creek Ln, Presque Isle, WI 54557

    $349,000
    120,661 sqft

    Lakefront parcel with power, an installed three-bedroom septic system, and a cleared driveway to the building site.

    View details
    Waterfront Land with Boathouse
    Waterfront Land with Boathouse

    VILLAGE POINT LN lot: 1, Presque Isle, WI 54557

    $380,000
    1.51 AC lot

    Lakefront parcel with a wet boathouse, gently sloping terrain, and multiple potential building sites.

    View details
    Waterfront Land With Cabin
    Waterfront Land With Cabin

    Chaney Lake Road, Bessemer, MI 49911

    $83,900
    6.50 AC lot

    Insulated one-room cabin with gas lighting and a nearby power pole.

    View details
    Waterfront Land with Cabin
    Waterfront Land with Cabin

    ON CHANEY LAKE RD, Bessemer, MI 49911

    $83,900
    6.50 AC lot

    Lakeside acreage includes an insulated one-room cabin, gas lighting, and driveway access.

    View details

    Wakefield, MI Waterfront Land Market Trends and Statistics

    Explore 2 waterfront land for sale in Wakefield, MI on our real estate platform. These investment opportunities span a total of 52,806,917 square feet of properties for sale, with an estimated market value of $3,495,900.

    Sale prices for water rights properties in Wakefield, MI start at $135,900, averaging $1,747,950, and reaching up to $3,360,000 — 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

    Recreation land 4
    Residential land & home lots 3
    Waterfront Land 2
    Commercial land 1
    Hunting land 1

    Demographics Overview

    Population 2,305
    Population Growth (5Y) +19.5%
    Median Household Income $51,607
    College Educated 23.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49968 $1.7M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Gogebic County

    New Delisted

    Total CRE Inventory on Market (SF)

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