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Newberry, MI Resorts for Sale

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Mcmillan, MI Engadine, MI Curtis, MI Hulbert, MI Paradise, MI Naubinway, MI Columbus, MI Gould City, MI
Waterfront Resort With Rental Cabins
Updated: Jul 15
Waterfront Resort With Rental Cabins

16878 County Road 505, Newberry, MI 49868

$1,595,000
7,600 sqft 25.00 AC lot
Approximately 25 acres with nearly 1,700 feet of frontage on Halfway Lake
Eight rental cabins plus a guest house and owner's residence
Includes a garage and pole barn
7,600 square feet of property improvements
Near Tahquamenon Falls and extensive trail systems
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Waterfront Cabin Resort
Updated: May 19
Waterfront Cabin Resort

Newberry, MI 49868

$1,595,000
7,600 sqft 25.00 AC lot
Approximately 25 acres on private Halfway Lake
Nearly 1,700 feet of frontage on Halfway Lake
Eight rental cabins included
Guest house and owner's residence on site
Garage and pole barn included
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Newberry, 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.

Furnished Riverfront Resort Cabins
Furnished Riverfront Resort Cabins

2-4179 S Straits Hwy, Indian River, MI 49749

$199,900
360 sqft

Remodeled, furnished cabins within a newly established association along the Sturgeon River in Northern Michigan.

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Remodeled Furnished Resort Cabin
Remodeled Furnished Resort Cabin

7-4179 S Straits Hwy, Indian River, MI 49749

$210,000
446 sqft

Cabin ownership along the Sturgeon River includes furnished interiors and access to Northern Michigan recreation.

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Waterfront Resort With Rental Cabins
Waterfront Resort With Rental Cabins

17461 W NORTON RD., Gould City, MI 49838

$1,325,000

Operational lakefront resort with weekly cabin rentals and an on-site owners residence.

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Waterfront Cabin Resort
Waterfront Cabin Resort

17461 W Norton Rd., Gould City, MI 49838

$1,325,000

Operating seasonal resort with rental cabins, an owner residence, and an established booking system.

View details

Newberry, MI Resorts Market Trends and Statistics

Explore 2 resorts for sale in Newberry, MI on our real estate platform. These investment opportunities span a total of 15,200 square feet of properties for sale, with an estimated market value of $3,190,000.

Sale prices for resorts in Newberry, MI average $1,595,000 — 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

Resorts 2

Demographics Overview

Population 5,231
Population Growth (5Y) -1.0%
Median Household Income $53,651
College Educated 27.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49868 $1.6M

Taxes & Financing

Tax Rate (average for all types) 3.36%
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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