4987 Loeb Rd Charlevoix, MI 49720
Charlevoix AreaEstimated payment $8,473/month
About This Home
Step into a piece of Northern Michigan history with this extraordinary estate in Charlevoix. Spanning two acres, this unique property brings together three distinct buildings—the historic stone Loeb Schoolhouse, a carriage house, and a duplex—into one spectacular compound. Lovingly renovated by an artistic craftsman, the estate currently features 7 rentable units, with the township allowing for a total of 8, offering a highly lucrative turnkey or value-add investment opportunity. The crown jewel of the estate is the historic 1917 old schoolhouse. The main schoolhouse showcases exceptional cut stone craftsmanship and preserved historic character throughout. It currently features a stunning sunrise-view loft under construction, offering the perfect canvas to design a massive, luxurious owner's suite. Below, an expansive lower level provides limitless potential for storage, a creative studio, workshop, or custom home gym. Whether you are looking for a high-yield investment or have the creative vision to develop a premier boutique compound, the sky is the limit on this property's potential.
Listing Agent
Berkshire Hathaway HomeServices Real Estate License #6501441581 Listed on: 09/03/2026
Property Details
Home Type
- Multi-Family
Home Design
- 6,317 Sq Ft Home
- Slab Foundation
- Wood Frame Construction
- Asphalt Shingled Roof
Basement
- Basement Fills Entire Space Under The House
- Crawl Space
Utilities
- Heating System Uses Natural Gas
- Septic System
Listing and Financial Details
- Assessor Parcel Number 009-011-008-11
Community Details
Overview
- 8 Units
Building Details
- 4 Separate Electric Meters
- Gross Income $131,600
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $3,170 | $105,600 | $0 | $0 |
| 2025 | $3,107 | $105,200 | $0 | $0 |
| 2024 | $2,222 | $110,700 | $0 | $0 |
| 2023 | $2,124 | $90,700 | $0 | $0 |
| 2022 | $1,490 | $49,500 | $0 | $0 |
| 2021 | $2,115 | $47,800 | $0 | $0 |
| 2020 | $1,936 | $45,900 | $0 | $0 |
| 2019 | $2,187 | $50,700 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/03/2026 09/03/26 | For Sale | $1,495,000 | -- | $237 / Sq Ft |
Source: Northern Michigan MLS
MLS Number: 480690
APN: 00901100810
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Ask me questions while you tour the home.