$349,000 Price Analysis   ♡   Watersmeet, MI 49969 3 bed 0 bath 784 SqFt ($445/SqFt) 3.54 acre lot. Built 1940 Listed 2023-10-31 | ✓ USDA Eligible near Watersmeet, MI |
Here's the rare opportunity you've been waiting for!
Own 200 ft of frontage on Thousand Island Lake, the largest of the 14 lakes that are part of the famous Cisco Chain of Lakes noted for trophy fish. Thousand Island Lake is 1078 acres with depths reaching up to 80'. The Chain of Lakes combined total acreage is nearly 4000 acres, with Thousand Island being the largest and most developed in the Chain where you can enjy fishing, boating, swimming and all water sports, as well as skiing, snowmobiling (property located near Trail 3 in Watersmeet Twp), exploring or relaxing.
Named for its size, Thousand Island Lake is spring-fed, clear, deep and known for its abundant fish. Eagle Drive has year round access. This gorgeous 3.5 acre property has a three bedroom rustic cottage, a boathouse with a sauna, a tool shed, a 2-seater outhouse and this property has been owned by the same family for over 70 years. The stunning sunrises over the Lake are priceless. The cottage is heated by a wood-burning space heater and has electricity. There is a 6x6 entry porch. All the furnishings, dishes, linens, etc. are included, making it turnkey. If you are someone that would want more amenties, there is plenty of space to build your own magnificant lake front home or replace the existing structure. The property is being sold As is .
Presented by Susan Feldhauser at
Northern Michigan Land Brokers.
Property MLS #50126573 from UpperPeninsula
Bedroom 1 Dimensions: 9 x 10
Bedroom 2 Dimensions: 10 x 11
Bedroom 3 Dimensions: 10 x 11
Bedroom 1 Level: First
Bedroom 2 Level: First
Bedroom 3 Level: First
Bedroom 1 Features: Linoleum
Bedroom 2 Features: Linoleum
Bedroom 3 Features: Linoleum
First Floor Bedroom, Living Room
Basement Features: None (Basement)
Living Room Dimensions: 29 x 11
Living Room Level: First
Living Room Features: Linoleum
Refrigerator
Heating Features: Space Heater
Heating Fuel: Wood
Number of Fireplaces: 1
Kitchen Features: Linoleum
Kitchen Level: First
Water Features: All Sports Lake, Boat Facility, Island, Lake Frontage, Water View, Waterfront, Interior Lake
Frontage Length: 200
Frontage Type: Water
Roads: City/County, Gravel, Year Round
Cleared
Irregular
Sloping
Wooded
Lot Description: Deep Lot - 150+ Ft.
Lot Size Acres: 3.54
Lot Size Dimensions: Irregular 578x765x200x844
Lot Size Square Feet: 154202
Calculated Total Monthly Association Fees: 0
Map directionsSource Listing Status: Active
Directions: From Wakefield, head East on US2 for 30 miles. Turn Right onto Cisco Lake Road for 3.1 miles. Turn Left onto Sylvan Isle Drive (.6 miles). Turn Left onto Eagle Drive for .9 miles. Property on the left.
Tax Year: 2023
Ownership: Private
Source Property Type: Single Family
Home Warranty: No
Area: Watersmeet Twp (27013)
Source Neighborhood: Watersmeet Twp (27013)
Source System Name: C2C
$349,000
UpperPeninsula
Building Exterior Type: Wood, Cement Siding
Other Buildings: Shed, Boat House, Sauna, Outhouse
Foundation Details: Piller/Post/Pier, Slab
Property Age: 84
Structure Type: Residential
House Style: 1 Story
Total Above Grade Sqft Area: 784
Total Area Sqft: 784
Architectural Style: Cottage
Electricity Available
Electricity Connected
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.