Residential

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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Vacant Lot/Land, Lake City, MI
Vacant Lot/Land, Lake City, MI

6600 W Broadway, Lake City, MI 49651

$110,000
0.77 AC lot

Residential land & home lots · 0.77 Acres

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Waterfront Land with Lake Views
Waterfront Land with Lake Views

Lake City, MI 49651

$94,900
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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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 Land Parcel
Wooded Land Parcel

Parcel C Seeley Road, Lake City, MI 49651

$190,000
40.11 AC lot

Private woodland tract with easement access and permitted house or cabin use.

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Land, Lake City, MI
Land, Lake City, MI

9610 W Lotan Road, Lake City, MI 49651

$49,900
3.57 AC lot

Residential land & home lots · 3.57 Acres

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Land
Land

1163 S Taxiway Echo, Lake City, MI 49651

$109,900

Aviation real estate

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Vacant Lot/Land, Lake City, MI
Vacant Lot/Land, Lake City, MI

Taxiway Foxtrot lot: 102, Lake City, MI 49651

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0.48 AC lot

Residential land & home lots · 0.48 Acres

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Heavily Wooded Recreational Land
Heavily Wooded Recreational Land

Parcel A Seeley Road, Lake City, MI 49651

$95,000
20.06 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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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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Vacant Lot/Land, Lake City, MI
Vacant Lot/Land, Lake City, MI

Parcel B Seeley Road, Lake City, MI 49651

$95,000
20.06 AC lot

Residential land & home lots · 20.06 Acres

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Land
Land

Lake City, MI 49651

$110,000

Residential land & home lots

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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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Land
Land

Lake City, MI 49651

$99,000

Residential land & home lots

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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 15 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.

Vacant Lot/Land, Cadillac, MI
Vacant Lot/Land, Cadillac, MI

5274 S Seeley Road, Cadillac, MI 49601

$139,900
10.00 AC lot

Recreation land · 10.00 Acres

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Land
Land

Cadillac, MI 49601

$139,900

Residential land & home lots

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Lots/Land
Lots/Land

Mc Bain, MI 49657

$139,900

Residential land & home lots

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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 15 residential land & home lots for sale in Lake City, MI, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 3,986,611 square feet of properties for sale, with an estimated market value of $1,201,700.

Sale prices for home sites in Lake City, MI start at $38,400, averaging $85,835, and reaching up to $190,000 — 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 12
Hunting land 8
Recreation land 8
Commercial land 3
Agricultural land / Farmland 1

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 $69.3K

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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