$49,000
SOLD NOV 4, 2021

12129 Tower Rd Pelkie, MI 49958

4 Acres
$12,250 Price per Acre
174,240 Sq Ft Lot

Recently Sold

42% Below List Price

283 Days on Market

About This Lot

As of November 2021

Unique opportunity to buy the Otter Lake Fire Lookout! Likely the highest and best privately owned views in the Keweenaw! Views up to 68 miles away on this 100 foot tower. The tower is insulated and has electric heat. The tower would be great for deer hunting or as a one of kind building to relax at. There are heavy established deer trails on the property and as many as 30-50 deer can be seen on a given day. Turkeys, hawks, eagles, sand hills cranes are also seen from property. In the spring there has been flocks of 50-100 sand hill cranes in the field. Vacation rental potential on the top level or if another level was built on the tower. About 20 feet up the tower a 400 +/- sq ft level that could possibly be built out. Vacation rental towers throughout the U.S. command premium rates. The building on top is 8x8 and the platform could likely hold a larger structure. Great views of Lake Superior (Keweenaw Bay), Torch Lake, and landmarks such as Huron Mountains, Mt Brockway, Quincy Mine Hoist, Cliff Drive, Point Abbey, & Limestone Mountain can be seen from the tower. The pictures don't do justice! The tower was built in 1936 by the Civilian Conservation Corp. The building on top of tower has 110 and 220 power outlets. In the 1980's the tower was reinforced with additional steel. The top of tower can by accessed by a Spider ST-180 construction elevator in an enclosed shaft (with a 990 +/- pound net lifting capacity) or by the ladder. Additional income potential with cell phone companies and the local power company (smart meters). A windmill could possibly also be attached to the tower. A boat launch to Otter Lake is only a few miles away. About a mile away is public access to thousands of acres of State of Michigan land. The property has an RV power hook up and a gravel parking pad.This property sits on a quiet year round dead end road with only 3 year round residences. The tower has a roll down door on the East side of the structure. The soil of the property is sandy and includes a small portion of woods. A survey of property is on file. Video of property: https://drive.google.com/file/d/1ISuWFF7PDc-cK_5IYJtC70ZJZxRyr1tz/view?usp=sharing

Last Agent to Sell the Property

Adam Taivalkoski

SAVU REALTY License #UPAR-6501382950 Listed on: 12/11/2020

Last Buyer's Agent

Adam Taivalkoski

SAVU REALTY License #UPAR-6501382950 Listed on: 12/11/2020

Property Details

Property Type

  • Land

Lot Details

  • 4 Acre Lot
  • Lot Dimensions are 834x209

Listing and Financial Details

  • Assessor Parcel Number 002-068-005-50

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Total Tax Year: 2021
  • Mail City: Pelkie
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lake Name: Lake Superior, Torch Lake
  • Roads: City/County, Gravel, Year Round

Utilities

  • Water: None
  • Sewer/Septic System: None
  • Fuel On Site: Electric

Schools

  • School District: Baraga Area School District

Lot Info

  • Assessor Parcel Number: 002-068-005-50
  • Acreage: 4
  • Lot Size: 834x209
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2021

MLS Schools

  • School District: Baraga Area School District

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 For Sale $55,000 0.0% --
07/01/2025 07/01/25 Off Market $55,000 -- --
10/23/2024 10/23/24 Price Changed $55,000 -20.9% --
09/03/2024 09/03/24 For Sale $69,500 0.0% --
08/31/2024 08/31/24 Off Market $69,500 -- --
11/01/2023 11/01/23 Price Changed $69,500 -7.3% --
08/10/2023 08/10/23 For Sale $75,000 +53.1% --
11/04/2021 11/04/21 Sold $49,000 -42.4% --
09/20/2021 09/20/21 Pending -- -- --
12/11/2020 12/11/20 For Sale $85,000 -- --
Source: Upper Peninsula Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10065264

Upper Peninsula Association of REALTORS®