NOT LISTED FOR SALE

7530 U S 131 Mancelona, MI 49659

Estimated Value: $415,354

3 Beds
1 Bath
5,500 Sq Ft
$76/Sq Ft Est. Value

Sale Details

Date Sold: January 2, 2026

Last sale price $300,000 $55 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,698 / mo

103 Days on Market

Highlights

  • Ranch Style House
  • Ceiling Fan
  • Heating System Uses Propane
  • Furnished
  • Family Room

About This Home

As of January 2026

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.

Last Agent to Sell the Property

Kevin Wood

Wood Realty Group LLC License #MISPE-6502431885 Listed on: 08/10/2025

Last Buyer's Agent

Kevin Wood

Wood Realty Group LLC License #MISPE-6502431885 Listed on: 08/10/2025

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Home Details

Home Type

  • Single Family

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
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 011-015-010-00

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

11 Acres

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type: Fixer-Upper
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Year Built: 1960
  • Mail City: Mancelona
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Furnished
  • Appliances: Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Block
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 15 x 15
  • Bedroom 2: On Entry Level, Dimensions: 12 x 12
  • Bedroom 3: On Entry Level, Dimensions: 12 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Main
  • Room Types: Breezeway, Entry, Family Room, First Floor Laundry
  • Kitchen: Dimensions: 15 x 15
  • Living Room: Dimensions: 25 x 15
  • Above Grade Finished Sq Ft: 5500
  • Total Finished Sq Ft: 5500

Exterior Features

  • Exterior: Cinder Block
  • Exterior Features: Other (ExteriorFeatures)
  • Foundation: Slab
  • Frontage: 1400
  • Out Buildings: Other (OtherStructures)
  • Frontage Type: Road

Garage/Parking

  • Garage: No

Utilities

  • Heating: Electric Heat, Pellet Stove
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Electric, Gas
  • Cooling: Ceiling Fan(s)

Lot Info

  • Assessor Parcel Number: 011-015-010-00
  • Lot Dimensions: 11 acres
  • Acreage: 11
  • Geo Subdivision: MI
  • Site/Lot Features: Main Street

Tax Info

  • Summer Tax: Year: 2024
  • Winter Tax: Year: 2024

MLS Schools

  • School District: Kalkaska Public Schools

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
01/02/2026 01/02/26 Sold $300,000 -29.4% $55 / Sq Ft
11/21/2025 11/21/25 Pending -- -- --
11/14/2025 11/14/25 Price Changed $425,000 -5.3% $77 / Sq Ft
11/14/2025 11/14/25 For Sale $449,000 0.0% $82 / Sq Ft
09/19/2025 09/19/25 Pending -- -- --
08/10/2025 08/10/25 For Sale $449,000 -- $82 / Sq Ft
Source: Michigan Multiple Listing Service

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50184752

Michigan Multiple Listing Service

APN: 011-015-010-00

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