5100 N Bay Way Cheboygan, MI 49721
Estimated payment $4,533/month
Total Views
36,474
2.5
Acres
$308,000
Price per Acre
108,900
Sq Ft Lot
Highlights
- 166 Feet of Waterfront
- Landscaped with Trees
- Level Lot
- Pellston Elementary School Rated 9+
About This Lot
Premier Burt Lake Building Site Welcome to an exceptional opportunity to own a prime building site on the quiet, highly desirable north end of Burt Lake. Located on North Bay Way and surrounded by fine homes, this 2.5-acre parcel offers the perfect blend of privacy, space, and breathtaking natural beauty. With 166 feet of pristine, sandy lake frontage, this property is ideal for creating your Up North retreat. Some clearing for a home site has already occurred, and a roughed-in driveway provides easy access. A wood chip path leads to the water’s edge, where you'll find a private dock included in the sale—along with a pontoon boat hoist and a second hoist for a smaller fishing boat. The groundwork has been done for you, including the installation of a septic field approved for a 4-bedroom home. Set among other estate-sized parcels, this is a rare find on Burt Lake’s peaceful north end—an ideal location for swimming, boating, and relaxing in a serene, natural setting. Don’t miss this opportunity to build your dream home on one of the most beautiful and quiet stretches of the Inland Waterway.
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,596
Lot Details
- 2.5 Acre Lot
- 166 Feet of Waterfront
- Level Lot
- Landscaped with Trees
Property Views
- Water Views
Utilities
- Well Required
- Septic System
- Phone Available
- Cable TV Available
Community Details
- Property has a Home Owners Association
Listing and Financial Details
- Assessor Parcel Number Prt of 120-003-413-122-00
Map
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Home Values in the Area
Average Home Value in this Area
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 | $5,596 | $523,300 | $0 | $0 |
| 2024 | $3,119 | $495,500 | $0 | $0 |
| 2023 | $2,990 | $449,200 | $0 | $0 |
| 2022 | $2,944 | $429,300 | $0 | $0 |
| 2021 | $5,255 | $368,100 | $368,100 | $0 |
| 2020 | $5,344 | $361,200 | $361,200 | $0 |
| 2019 | $4,698 | $241,500 | $241,500 | $0 |
| 2018 | $4,634 | $279,000 | $0 | $0 |
| 2017 | $4,289 | $278,800 | $0 | $0 |
| 2016 | $4,232 | $278,600 | $0 | $0 |
| 2015 | -- | $241,700 | $0 | $0 |
| 2014 | -- | $233,800 | $0 | $0 |
| 2012 | -- | $257,500 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/19/2025 08/19/25 | Price Changed | $770,000 | -6.7% | -- |
| 07/03/2025 07/03/25 | For Sale | $825,000 | -- | -- |
Source: Northern Michigan MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $223,700 | -- |
Source: Public Records
About the Listing Agent
C.T. Shuman is a Petoskey native. He can't imagine a more perfect childhood than the one he had here in Petoskey. He grew up loving all that the area has to offer - endless summer days at the beach or out on the lakes, summer nights around a bonfire and winter days skiing fresh powder. After graduating from Petoskey High School, he went on to earn an Associate Degree in Real Estate and a Bachelor Degree in Marketing Sales from Ferris State University.
His current hobbies somewhat mimic
C.T.'s Other Listings
Source: Northern Michigan MLS
MLS Number: 477053
APN: 120-003-413-122-00
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