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    Lake City, MI
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    Lake City, MI Residential Land & Home Lots for Sale

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    Vacant Land in Downtown Lake City
    Updated: Jul 2
    Vacant Land in Downtown Lake City

    222 N Main Street, Lake City, MI 49651

    $64,900
    0.23 AC lot
    Prime Downtown Location on Main Street, steps away from shops, cafes, Lake Missaukee, and community events.
    Cleared Double Lot ready for new construction to design a custom home or investment property.
    Lake Missaukee Access: Enjoy close proximity to an 1880 all‑sports sandy shoreline lake.
    Convenient Amenities: Driveway already in place and a small garden shed on site.
    Walkable to Schools and Businesses: Half a block from Lake City Schools and an easy walk to restaurants and businesses.
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    Wooded Recreation Land Parcel
    Updated: Jun 22
    Wooded Recreation Land Parcel

    2966 W Houghton Lake Road, Lake City, MI 49651

    $38,400
    4.80 AC lot
    4.8‑acre wooded property just outside Lake City, Northern Michigan
    Surrounding natural setting with frequent deer and other wildlife
    Private, quiet country location with wooded terrain providing cover
    Suitable for a future homesite, cabin, pole barn, campsite, or dream home
    Minutes from Lake City, local lakes, trails, and recreational opportunities
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    Aviation Airpark Lot with Road Frontage
    Aviation Airpark Lot with Road Frontage

    Taxiway Foxtrot lot: 102, Lake City, MI 49651

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    0.48 AC lot

    Cleared lot with direct paved road frontage and rear taxiway access in a platted subdivision.

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    Waterfront Land with Lake Views
    Waterfront Land with Lake Views

    9440 W Oak Dr, Lake City, MI 49651

    $99,900
    1.32 AC lot

    Residentially zoned waterfront parcel with an elevated building site overlooking Crooked Lake and electric at the property line.

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    Cleared Airpark Lot with Road Frontage
    Cleared Airpark Lot with Road Frontage

    Taxiway Foxtrot lot: 102, Lake City, MI 49651

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    0.48 AC lot

    Cleared, build-ready lot with paved-road frontage and rear taxiway access for direct aircraft movement to a future hangar.

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    Wooded Aviation Airpark Lot
    Wooded Aviation Airpark Lot

    Taxiway Foxtrot lot: 104, Lake City, MI 49651

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    0.55 AC lot

    Wooded lot in a residential airpark with shared private road access and rear taxiway connectivity for aircraft movement.

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    Lakefront Buildable Lot with Utilities
    Lakefront Buildable Lot with Utilities

    8355 W Sapphire lot: 107, Lake City, MI 49651

    $175,000
    0.11 AC lot

    Buildable waterfront lot on Lake Sapphire with 150-amp electric service poles and a septic lead in place.

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    Cleared Corner Double Lot
    Cleared Corner Double Lot

    Lake City, MI 49651

    $64,900

    Cleared double lot with driveway and a small garden shed, with the prior home professionally removed and ready for new construction.

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    Buildable Lot in Lake City
    Buildable Lot in Lake City

    N Canal Street, Lake City, MI 49651

    $39,900
    0.12 AC lot

    Rare opportunity to build in a vibrant lakeside community.

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    Wooded Airpark Lot with Taxiway Access
    Wooded Airpark Lot with Taxiway Access

    Taxiway Foxtrot lot: 104, Lake City, MI 49651

    Contact for pricing
    0.55 AC lot

    Wooded 0.55-acre homesite in a residential airpark with shared private road access and rear taxiway connectivity.

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    Buildable Lot in Lake City
    Buildable Lot in Lake City

    210 N Canal St, Lake City, MI 49651

    $39,900

    Rare opportunity to build in a vibrant lakeside community.

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    Heavily Wooded Recreational Land
    Heavily Wooded Recreational Land

    Parcel A Seeley Road, Lake City, MI 49651

    $95,000
    20.00 AC lot

    20-acre wooded parcel with easement access, suited for a private hunting or future home site in Missaukee County.

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    Wooded Recreation Land with Clearing
    Wooded Recreation Land with Clearing

    Parcel B Seeley Road, Lake City, MI 49651

    $95,000
    20.00 AC lot

    20-acre wooded parcel with a cleared central area, accessed by easement, in Missaukee County, with building restrictions on mobile homes.

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    Land
    Land

    Lake City, MI 49651

    $175,000

    Waterfront Land

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    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 14 Active listings in Lake 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.

    Land, McBain, MI
    Land, McBain, MI

    Mc Bain, MI 49657

    $87,500
    14.97 AC lot

    Hunting land · 14.97 Acres

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    LAND - Manton, MI
    LAND - Manton, MI

    Parcel B4/B5 Bosscher Road, Manton, MI 49663

    $39,000
    4.22 AC lot

    Land · 4.22 Acres

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    Land
    Land

    Manton, MI 49663

    $42,000

    Recreation land

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    McBain Land for Residential Development
    McBain Land for Residential Development

    Mc Bain, MI 49657

    Contact for pricing
    4.06 AC lot

    4.06 acre lot suitable for building a dream home.

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    Lake City, MI Residential Land & Home Lots Market Trends and Statistics

    Explore 14 residential land & home lots for sale in Lake City, MI, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 2,118,758 square feet of properties for sale, with an estimated market value of $887,900.

    Sale prices for home sites in Lake City, MI start at $38,400, averaging $88,790, and reaching up to $175,000 — 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

    Residential land & home lots 15
    Hunting land 10
    Recreation land 10
    Commercial land 4
    Waterfront Land 3

    Demographics Overview

    Population 7,540
    Population Growth (5Y) -4.4%
    Median Household Income $61,524
    College Educated 26.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49651 $72.5K

    Taxes & Financing

    Tax Rate (average for all types) 3.24%
    Property Tax per SF $98.07 per SF
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

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