Watersmeet, MI
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    Watersmeet, MI Residential Land & Home Lots for Sale

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    Land O Lakes, WI Iron River, MI Phelps, WI
    Wooded Land Near Tamarack Lake
    $32,500
    3.07 Acres
    Wooded Land Near Tamarack Lake

    W Tamarack Lake Road lot: 7, Watersmeet, MI 49969

    3+ acre wooded parcel near Tamarack Lake in Watersmeet, MI.
    • 3+ acre wooded parcel near Tamarack Lake
    • Building site already started
    • Great opportunity to build a dream home or cabin
    • Peaceful, wooded setting
    • Close proximity to Tamarack Lake
    Updated: Mar 6
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    Wooded Buildable Recreation Land Parcel
    $59,900
    5.01 Acres
    Wooded Buildable Recreation Land Parcel

    OLD HWY 2 lot: 4, Watersmeet, MI 49969

    Build your cabin or home on a wooded, buildable parcel with electric available at the road.
    • 5‑acre wooded, buildable parcel on Old US Hwy 2
    • Electric available at the road
    • Direct access to ATV/UTV and snowmobile trails
    • Cisco Chain of Lakes about 10 minutes away for boating and fishing
    • About 5 minutes from town for everyday conveniences
    Updated: Jun 24
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    Buildable Wooded Recreational Lot
    $49,900
    4.33 Acres
    Buildable Wooded Recreational Lot

    Wooded, buildable acreage with electric at the road and direct ATV/UTV and snowmobile trail access.

    OLD HWY 2 lot: 5, Watersmeet, MI 49969

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Watersmeet, 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.

    Northwoods Recreation and Home Site
    $46,000
    5.00 Acres
    Northwoods Recreation and Home Site

    A 5-acre parcel with rolling terrain, newly installed gravel access, and power available at the road for your Northwoods plans.

    CRAIGS WAY LN lot: 8, Land O Lakes, WI 54540

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    Rolling Northwoods Land Parcel
    $42,000
    5.03 Acres
    Rolling Northwoods Land Parcel

    Build in the Northwoods on a rolling homesite with power at the road and an improved gravel access drive.

    CRAIGS WAY LN lot: 9, Land O Lakes, WI 54540

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    LAND - Phelps, WI
    $69,900
    5.18 Acres
    LAND - Phelps, WI

    Land · 5.18 Acres

    S SHORE RD lot: 1, Phelps, WI 54554

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    LAND - Phelps, WI
    $130,000
    10.97 Acres
    LAND - Phelps, WI

    Land · 10.97 Acres

    S SHORE RD lot: 1,2, Phelps, WI 54554

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    Watersmeet, MI Residential Land & Home Lots Market Trends and Statistics

    Explore 3 residential land & home lots for sale in Watersmeet, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $142,300.

    Sale prices for home sites in Watersmeet, MI start at $32,500, averaging $47,433, and reaching up to $59,900 — 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

    Waterfront Land 11
    Recreation land 10
    Hunting land 4
    Residential land & home lots 3

    Demographics Overview

    Population 1,054
    Population Growth (5Y) -17.1%
    Median Household Income $61,101
    College Educated 33.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49969 $32.5K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Gogebic County

    New Delisted

    Total CRE Inventory on Market (SF)

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