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    Otter Lake, MI
    Residential

    Otter Lake, MI Residential Land & Home Lots for Sale

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    Otisville, MI Millington, MI Columbiaville, MI Fostoria, MI Lake, MI Benton Harbor, MI Davison, MI North Branch, MI
    6 properties
    Waterfront Building Site with Driveway
    Updated: Oct 12, 2025
    Waterfront Building Site with Driveway

    4720 Brunk Drive, Otter Lake, MI 48464

    $189,900
    1.24 AC lot
    312 feet of waterfrontage on Hemingway Lake
    Ready‑to‑build site with driveway already in place
    Beautiful views of all sports Hemingway Lake
    Opportunity to build a dream home
    Access to boating, swimming, and jet skiing
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    Lake-Access Residential Development Land
    Updated: Jun 3
    Lake-Access Residential Development Land

    C Hemingway Lake Road, Otter Lake, MI 48464

    Contact for pricing
    0.68 AC lot
    Newly divided parcels A, B, and C available as single lots for $19,900 each or as a group of three for $59,500
    Zoned R‑4, allowing homes with 600 sq. ft. minimum and flexibility for duplex‑type structures
    Public sewer available at the roadway; tap fees to be paid to the Village of Otter Lake
    DTE service available on the property; natural gas available at the roadway
    Water source: well
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    Residential Duplex-Ready Home Lots
    Residential Duplex-Ready Home Lots

    B Hemingway Lake Road, Otter Lake, MI 48464

    Contact for pricing
    0.68 AC lot

    Newly divided residential lots with public sewer at the roadway, plus gas and power access for flexible small home builds.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Buildable Residential Lot
    Buildable Residential Lot

    9525 Genesee, Otter Lake, MI 48464

    $39,000
    1.35 AC lot

    Buildable lot in the Village of Otter Lake with easy access and space to develop a residence.

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    Residential Building Lot with Utilities
    Residential Building Lot with Utilities

    A Hemingway Lake, Otter Lake, MI 48464

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    0.68 AC lot

    Residentially zoned lots suited for a small starter home, barndominium, or duplex-style build with key utilities available at the roadway.

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    LAND - Otter Lake Vlg, MI
    LAND - Otter Lake Vlg, MI

    ABC Hemingway Lake Road, Otter Lake, MI 48464

    $49,500
    2.04 AC lot

    Land · 2.04 Acres

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in Otter Lake, 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.

    Wooded Recreational Land with Pond
    Wooded Recreational Land with Pond

    Columbiaville, MI 48421

    $155,000
    10.82 AC lot

    Secluded wooded parcel with a pond and direct access to adjacent state land for hunting and year-round outdoor recreation.

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    Agricultural Land Development Opportunity
    Agricultural Land Development Opportunity

    003 BIRCH RUN Road, Millington, MI 48746

    $140,000
    20.00 AC lot

    Vacant 20-acre parcel zoned AG, suitable for agricultural uses and related development.

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    Residential Land Lot with Stream
    Residential Land Lot with Stream

    Columbiaville, MI 48421

    Contact for pricing

    Build-ready residential lot with a passed perk test and an older well, set among farms and a tranquil backdrop.

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    Wooded Creekside Home Lot
    Wooded Creekside Home Lot

    Vl 0320 Birch Run, Millington, MI 48746

    Contact for pricing
    1.00 AC lot

    A wooded 1-acre parcel runs along Perry Creek on the west side, ideal for building with rural surroundings.

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

    Explore 6 residential land & home lots for sale in Otter Lake, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 290,545 square feet of properties for sale, with an estimated market value of $278,400.

    Sale prices for home sites in Otter Lake, MI start at $39,000, averaging $92,800, and reaching up to $189,900 — 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 5
    Industrial land 3
    Mining land & claims 3
    Waterfront Land 2

    Demographics Overview

    Population 1,986
    Population Growth (5Y) -8.6%
    Median Household Income $64,464
    College Educated 22.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48464 $47.9K

    Taxes & Financing

    Tax Rate (average for all types) 3.15%
    Property Tax per SF $21.15 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lapeer County

    New Delisted

    Total CRE Inventory on Market (SF)

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