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    Munising, MI
    Recreation

    Munising, MI Recreation Land for Sale

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    Shingleton, MI Au Train, MI Wetmore, MI Manistique, MI Deerton, MI Trenary, MI Marquette, MI Skandia, MI
    Recreation Land with Waterfall Attraction
    Updated: Jan 28, 2025
    Recreation Land with Waterfall Attraction

    602 Bell Avenue, Munising, MI 49862

    $6,900,000
    2,714 sqft 79.00 AC lot
    79 acres of mostly undeveloped recreation land
    Privately owned spring‑fed Horseshoe Falls with natural waterfall features
    Over 1/2 mile of woodland paths through botanical gardens with gnome theme
    Trout pond with 200‑300 large rainbow trout
    Gift shop provides entrance to paths, gardens, and pond
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    138 Acres Near Pictured Rocks
    Updated: Sep 18, 2024
    138 Acres Near Pictured Rocks

    H-58 Highway, Munising, MI 49862

    $338,100
    138.00 AC lot
    Prime location near Pictured Rocks National Lakeshore and Munising amenities.
    Large 138‑acre property with year‑round access and established interior roadways.
    Desirable northern hardwood forest (primarily sugar maple) for wildlife habitat, aesthetics, and timberland investment.
    Numerous building sites available on rolling terrain away from the highway.
    Utilities are available on the property.
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    93 Acres on Anna River
    93 Acres on Anna River

    County Road 577 lot: Anna River Rdp, Munising, MI 49862

    $146,475
    93.00 AC lot

    93 acres with 4,500 FF on the Anna River.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Tourist Attraction Recreation Land
    Tourist Attraction Recreation Land

    602 Bell Avenue, Munising, MI 49862

    $7,500,000
    2,714 sqft 79.00 AC lot

    Privately owned recreational property with spring-fed Horseshoe Falls, woodland paths, botanical gardens, gift shop, and trout pond.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Munising, 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.

    Cleared Hunting Land Parcel
    Cleared Hunting Land Parcel

    Old Plank Road, Au Train, MI 49895

    $75,000
    12.60 AC lot

    Recently cleared 12.6-acre parcel zoned Residential, suited for hunting, camping, hiking, and a future homesite.

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    Waterfront Land with Waterfall
    Waterfront Land with Waterfall

    TBD E DEER LAKE RD, Au Train, MI 49806

    $319,000

    Waterfront acreage includes a waterfall, pond, and year-round recreational setting.

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    94 Acres of Forest Land
    94 Acres of Forest Land

    on E Shingleton Road, Shingleton, MI 49884

    $245,000
    94.00 AC lot

    94 acres with hardwood forest and trout stream frontage.

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    Land with Miner's River Frontage
    Land with Miner's River Frontage

    on W Shingleton Road, Shingleton, MI 49884

    $250,000
    98.00 AC lot

    98-acre land parcel with frontage on Miner's River.

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    Munising, MI Recreation Land Market Trends and Statistics

    Explore 4 recreation land for sale in Munising, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 16,944,840 square feet of properties for sale, with an estimated market value of $14,884,575.

    Sale prices for recreation land in Munising, MI start at $146,475, averaging $3,721,143, and reaching up to $7,500,000 — 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 5
    Commercial land 3
    Waterfront Land 2
    Residential land & home lots 2
    Agricultural land / Farmland 1

    Demographics Overview

    Population 4,532
    Population Growth (5Y) -12.1%
    Median Household Income $59,575
    College Educated 25.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49862 $3.7M

    Taxes & Financing

    Tax Rate (average for all types) 1.84%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Alger County

    New Delisted

    Total CRE Inventory on Market (SF)

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