$375,000
SOLD APR 4, 2025

Lot 40F1 Fence Lake Rd Michigamme, MI 49861

40 Acres
$9,370 Price per Acre
1,743,271 Sq Ft Lot

Recently Sold

2% Above List Price

660 Days on Market

Highlights

  • Lake Front
  • Wooded Lot
  • Property is near a pond
  • 40.02 Acre Lot
  • Lot Has A Rolling Slope

About This Lot

As of April 2025

Michigan Private Lake Lot For Sale - This 40+/- Acre wooded parcel has frontage on Fence Lake! Fence Lake is located in south-eastern Baraga County in Michigan's Upper Peninsula. It is a private, pristine spring fed lake that is 310 acres in size, has 50-foot depths, numerous coves and bays, and has four islands which are owned in common by the property owners. Water also enters from the northern end of the lake and exits into the Fence River, which flows southward for many miles, and enters the Michigamme Reservoir. The lake is a spectacular fishery, with Rainbow and Brown trout, Yellow perch, and trophy-sized Smallmouth bass. The lake is protected with covenants, limits on boat motor size, prohibition on jet skis, and specific "quiet hours". There are only 46 parcels on the lake - this limited number was designed to ensure minimal human impact on the environment, and the moose, bear, deer, loons, and eagles that call this land their home. This parcel has frontage on the eastern side of the lake. Nearby there are two State Parks. It is an hours drive to Marquette, and there are there is good flight services from Sawyer International Airport to major US Cities. For Woodland Solitude Check Out the Secluded Shores of Fence Lake! ENVIRONMENTALLY SENSITIVE DEED RESTRICTIONS TO PROTECT PROPERTY VALUES. UNDERGROUND POWER IS AVAILABLE TO EACH PARCEL OFF THE MAIN ROAD. GATED ACCESS - CALL LISTING COMPANY FOR ASSESS INSTRUCTIONS.

Last Agent to Sell the Property

Tim Keohane

GREAT LAKES & LAND OF MARQUETTE, INC. License #UPAR Listed on: 05/22/2023

Last Buyer's Agent

Tim Keohane

GREAT LAKES & LAND OF MARQUETTE, INC. License #UPAR Listed on: 05/22/2023

Property Details

Property Type

  • Land

Lot Details

  • 40.02 Acre Lot
  • Lot Dimensions are 516x1878x1647x2444
  • Lake Front
  • Property fronts an easement
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $33 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 07-005-016-040-50

Community Details

Recreation

  • Property is near a pond

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Style: Vacant Land
  • Mail City: Michigamme
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 516
  • Lake Name: Fence Lake
  • Water Features: Lake Frontage, Pond, No Wake Lake, Interior Lake
  • Waterfront: Yes
  • Roads: Private Road, Year Round, Gated
  • Frontage Type: Water

Utilities

  • Water: None
  • Sewer/Septic System: None
  • Fuel On Site: None (Fuel On Site)

Condo/Co-op/Association

  • Association Fee: Yes

Fee Information

  • Fee Amount: 400
  • Fee Schedule: Yearly

Schools

  • School District: Nice Community Schools

Lot Info

  • Assessor Parcel Number: 07-005-016-040-50
  • Location: Rural, Subdivision
  • Section: 16
  • Acreage: 40.02
  • Lot Description: Easement, Rolling/Hilly, Wooded
  • Zoning: Residential
  • Lot Size: 516x1878x1647x2444
  • Survey On File: Yes

Tax Info

  • Summer Tax: Year: 2021, Amount: $1,518.22
  • Winter Tax: Year: 2021, Amount: $1,369.90
  • Total Tax: Year: 2021, Amount: $2,888.12

MLS Schools

  • School District: NICE Community Schools

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Sold $375,000 -6.0% --
03/12/2025 03/12/25 Pending -- -- --
04/30/2024 04/30/24 Price Changed $398,900 +8.4% --
05/22/2023 05/22/23 For Sale $368,000 +15.7% --
01/09/2023 01/09/23 Sold $318,000 0.0% --
12/22/2022 12/22/22 Pending -- -- --
12/22/2022 12/22/22 For Sale $318,000 -- --
Source: Upper Peninsula Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50109735

Upper Peninsula Association of REALTORS®