$1,495,000

Estimated payment $8,473/month

Studio
-- Baths
6,317 Sq Ft
$237 Price per Sq Ft

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

Matthew Murray

Berkshire Hathaway HomeServices Real Estate License #6501441581 Listed on: 09/03/2026

Berkshire Hathaway HomeServices Real Estate

Co-Listing Agent

John Murray

Berkshire Hathaway HomeServices Real Estate

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

Property Details

Home Type

Multi-Family

Lot Details

0.62 Acres

Listing Details

  • Class: MULTI-FAMILY
  • Type: Multifamily
  • Lvt Date: 09/03/2026
  • Section: 11
  • Second Address Number: 4987
  • Directions: Heading south on M-66 and turn right on Loeb, go roughly a mile and the property is on the corner of Veenstra
  • OFFICELIST_STATE: MI
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl, Full, Slab
  • Total Sq Ft: 6317
  • Above Grade Finished Sq Ft: 6317

Exterior Features

  • Construction: Wood Frame
  • Roof: Asphalt Shingles
  • Waterfront Water Access: Neither

Utilities

  • Heat Type: Natural Gas
  • Sewer: Septic
  • Water: City
  • Number Electric Meters: 4

Schools

  • School District: Charlevoix

Lot Info

  • Zoning: Commercial

Tax Info

  • Assessor Parcel Number: 009-011-008-11

Multi Family

  • Number Of Units: 8

Map

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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
Source: Public Records

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

Source: Northern Michigan MLS

MLS Number: 480690

Northern Michigan MLS

APN: 00901100810

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