Property summary
This exceptional 16-acre commercial property in Watersmeet, Michigan (APN: 06-31-504-400; 900; 505-200), offers a unique investment opportunity. Priced at $8,500,000, with a price per acre ranging from $840 to $849, the land is zoned for residential use and boasts over a mile of stunning shoreline on the Cisco Chain of Lakes. The property includes a custom-built log home featuring seven bedrooms and eight bathrooms, showcasing high-end finishes throughout. Amenities include a spectacular great room with 32-foot cathedral ceilings and a fieldstone fireplace, a chef's kitchen designed for large gatherings, a dining area accommodating 20-24 guests, and a master suite with 18-foot ceilings and a gas fireplace. Additional features include four en-suite bedrooms with terraces, a lower-level family area with a game room and sauna, a workshop, an attached garage, covered boat parking for three or more boats, and a dedicated fish cleaning house with live wells and bait storage. The property also features two islands, one of which is an eagle habitat, and a pond with waterfalls. This fee simple, privately owned property presents a rare opportunity for a discerning buyer seeking a luxurious waterfront retreat or a unique commercial venture. The property's location in Gogebic County, Michigan, zip code 49969, provides easy access to outdoor recreation and natural beauty. Five parking spaces are available on the property.
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