$749,900

1853 W Old M-63 Luther, MI 49656

Estimated payment $4,204/month

6.05 Acres
$123,950 Price per Acre
263,538 Sq Ft Lot

Highlights

  • Waterfront
  • Wooded Lot
  • Mud Room
  • Deck
  • Wood Flooring
  • Outdoor Grill

About This Lot

Terraquest Real Estate & Land Company is proud to present North Rivers Lodge in Luther, Michigan! Nestled in the heart of the scenic Manistee National Forest, these restored early 20th-century log cabins overlook the serene Little Manistee River.

The Lodge offers traditional dry fly fishing for native brook, resident rainbow, and wild brown trout. Miles of trails are available for hiking, mountain biking, snowshoeing, cross-country skiing, snowmobiling, and ATV riding, with direct trail access from the lodge.

This property is centrally located in Michigans prime river country. Canoe, kayak, or raft the nearby Pere Marquette, Pine, Manistee, and Big Sable Rivers, along with their cold, spring-fed tributaries. Exploration opportunities within this expansive wilderness are endless!

The current owners have invested thousands of hours in restoration, bringing the entire compound to its present condition. Six separate cabins comfortably accommodate a range of guest numbers, each meticulously maintained. Additional buildings support various needs, including a fly shop, storage, and the main owner's quarters with an office, living space, and bedrooms. The operation has been profitable and successful, with financials available upon request.

If you're looking for a premier, successful business opportunity that captures the essence of Northern Michigan's great outdoors with phenomenal trout fishing right at your fingertips, this is one to consider!

Listing Agent

Maxwell Wierda

Terraquest Real Estate & Land Co. License #6502432790 Listed on: 10/30/2024

Listing Provided By

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,117

Lot Details

  • Waterfront
  • Fishing include trout
  • Level Lot
  • Wooded Lot
  • Current uses include commercial, hunting/fishing, residential multi-family, residential single, hospitality
  • Potential uses include commercial, hunting/fishing

Home Design

  • Slab Foundation
  • Wood Siding

Interior Spaces

  • Wood Burning Fireplace
  • Mud Room

Flooring

  • Wood
  • Laminate

Outdoor Features

  • Deck
  • Outdoor Grill

Utilities

  • Central Heating
  • Heating System Uses Gas
  • Overhead Utilities
  • Propane
  • Well
  • Septic Tank

Property Details

Property Type

Land

Est. Annual Taxes

$3,117

Lot Details

0

Listing Details

  • Office Phone: 231-412-3642
  • Listing Website: https://www.land.com/property/1853-w-old-m63-luther-michigan-49656/21884810/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Outside Features: Grill, Wood Deck
  • Potential Use: Commercial, Hunting/Fishing
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Room List: Mud Room
  • Has Attic: No
  • Disability Access: No
  • Floor Material: Laminate, Wood Floor
  • Sprinklers: No
  • Foundation: Slab
  • Fireplace Type: Wood Burning

Exterior Features

  • Exterior: Wood
  • Deck: True
  • Waterfront: True
  • Road Description: Asphalt, Gravel/Rock

Utilities

  • Heating Fuel: Central Heat-Gas, Propane
  • Heating: Central Heat-Gas

Lot Info

  • Current Use: Commercial, Hunting/Fishing, Residential Multi-Family, Residential Single, Hospitality
  • Lot Description: Acreage, Waterfront/Riverfront, Level, Natural Forest
  • Fish: Trout

Multi Family

  • Utilities Available: Overhead Utilities, Septic, Well, Propane Gas

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,117 $135,900 $0 $0
2024 $2,977 $127,800 $0 $0
2022 $2,941 $101,700 $0 $0
2021 $2,119 $90,100 $0 $0
2020 $3,545 $88,400 $0 $0
2019 $3,454 $87,600 $0 $0
2018 $3,397 $77,200 $0 $0
2017 $1,950 $70,600 $0 $0
2016 $2,044 $78,000 $0 $0
2015 -- $78,000 $0 $0
2014 -- $92,500 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2024 10/30/24 For Sale $749,900 -- --

Purchase History

Date Type Sale Price Title Company
Warranty Deed $235,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $155,000 New Conventional
Source: Public Records
Michigan Lake County Luther 49656

1853 W Old M-63, Luther, MI

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Nearby Homes
Listing Agent
Maxwell Wierda
Section Image
Terraquest Real Estate & Land Co.
(231) 412-3642