7530 U S 131 Mancelona, MI 49659
Estimated payment $2,708/month
Total Views
459
3
Beds
1
Bath
5,500
Sq Ft
$82
Price per Sq Ft
Highlights
- Very Popular Property
- Furnished
- Family Room
- Ranch Style House
- Ceiling Fan
- Heating System Uses Propane
About This Home
Once-in-a-Lifetime Investment Opportunity – 11 Acres with US-131 Frontage! Prime Location | 3BR Home | 13-Room Motel | 1400’ of Highway Frontage Unlock the potential of this rare 11-acre property featuring approximately 1,400 feet of US-131 frontage – a high-visibility corridor perfect for capturing "Up North" traffic and tourism. Built in 1960, the property includes a 3-bedroom, 1-bath home and a 13-room motel. Whether you're dreaming of revitalizing a vintage roadside motel, developing a commercial hub, or creating a unique live-work destination, the possibilities here are truly unlimited. 11 acres of versatile land 3BR/1BA residence – live on-site or rent for additional income 13-room motel with vintage charm 1400 feet of highway frontage on US-131 – unbeatable exposure Ideal for seasonal tourism, lodging, RV park, retail, or redevelopment Sold As-Is, property will need renovations. Located in the heart of Northern Michigan travel routes, this is a rare chance to own a piece of history and shape the future of a high-traffic destination. Don’t miss out – opportunities like this don’t come around twice.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,997
Year Built
- Built in 1960
Lot Details
- 11 Acre Lot
- 1,400 Ft Wide Lot
Home Design
- Ranch Style House
- Fixer Upper
- Slab Foundation
Interior Spaces
- 5,500 Sq Ft Home
- Furnished
- Ceiling Fan
- Entryway
- Family Room
- Block Basement Construction
Kitchen
- Oven or Range
- Microwave
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Breezeway
Utilities
- Heating System Uses Propane
- Pellet Stove burns compressed wood to generate heat
- Gas Water Heater
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 011-015-010-00
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 | $2,997 | $185,000 | $0 | $0 |
| 2024 | $2,206 | $185,500 | $0 | $0 |
| 2023 | $2,103 | $186,700 | $0 | $0 |
| 2022 | $2,686 | $109,900 | $0 | $0 |
| 2021 | $2,613 | $108,600 | $0 | $0 |
| 2020 | $2,581 | $109,200 | $0 | $0 |
| 2019 | $2,426 | $57,600 | $0 | $0 |
| 2018 | $2,625 | $62,600 | $0 | $0 |
| 2016 | $2,556 | $60,300 | $0 | $0 |
| 2015 | -- | $59,300 | $0 | $0 |
| 2014 | -- | $61,300 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/10/2025 08/10/25 | For Sale | $449,000 | -- | $82 / Sq Ft |
Source: Michigan Multiple Listing Service
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $145,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Similar Homes in Mancelona, MI
-
$349,000
- 3 Beds
- 1 Bath
- 1,308 Sq Ft
- 3550 Scholl Rd
- Mancelona, MI
Beautifully remodeled farmhouse set on 45 acres of rolling hills, mature hardwoods, pines, and a bounty of fruiting trees—apple, pear, and berries—offering sweeping natural beauty in every direction. Miles of thoughtfully maintained trails wind through the property, perfect for exploring, hunting, or riding. Inside, the sunlit kitchen with an open layout has been completely remodeled,
Thomas Stukel Elite Realty
Source: Michigan Multiple Listing Service
MLS Number: 50184752
APN: 011-015-010-00
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Source MLS: MiRealSource
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