1 Superior Way Street $3,600,000

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    1 Superior Way Street Ontonagon, MI 49953

    • 72.00 Acres
    • Land
    • MLS# 50119454
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    Views: 74 Days On Site: 258

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    Property Details

    THE FIRST TIME ON THE REAL ESTATE MARKET - 'THE LOST BOWL' & a 3,800 foot stretch of stunning sugar sand beach nestled along the shore of Lake Superior, on a 72+/- Acre Parcel - is being offered for sale. One of the best properties on the Great Lakes! It is located in the Village and township of Ontonagon along with the county of Ontonagon, which is located on the south shore of Lake Superior, in the western part of the Upper Peninsula of Michigan. - Ontonagon (pronounced ON-t?-NAH-g?n) is named after the Ontonagon River. There are three popular thoughts as to how this name was derived. One, an early 1672 French Jesuit map identified the river with the name Nantounagon & derived from an Ojibwe language word noojitoon ziibi, meaning 'hunting river'. Another theory claims is was named by the native Chippewa after the bowl-like shape of the mouth of the Ontonagon River where it drains in Lake Superior, in their time already a transportation center for early voyagers, missionaries, and explorers. A more delightful legend about the name was told in 1836 to missionary Reverend Frederick Baraga(who journeyed along Lake Superior for 35 years). An Ontonagon settler of Chippewa descent shared that it meant 'the place of the bowl'. When a child, his mother told him that many years past, a young girl dropped her wooded bowl in the river and it floated away. She ran along the bank crying 'On-tonagon, on-tonagon!'. Which meant 'I have lost my bowl!'. - This area has years of history. Copper prospectors arrived in the late seventeenth century. Copper mining started here in 1845 with a boom period until 1870. Silver was mined in the period from 1873 to 1876. Lumbering (for pine, then hardwood and hemlock) played an important part in the economic development of the area from 1880 to 1900. Today, the County has become known for tourism-related business development. - A Video of this Property is Available at https://youtu.be/kN0gzUTetrI ... Continued In Addendum

    • General Features
      • Style Vacant Land
      • Acreage 72
      • Area Municipality Ontonagon (66015)
      • Association Fee Y/N No
      • Body of Water Lake Superior
      • County Ontonagon
      • Originating MLS Upper Peninsula Assoc of Realtors
      • Ownership LLC
      • Waterfront Y/N Yes
      • ZONING Industrial
    • Property Features
      • Lot Size 3800 x Irregular Parcel
      • Roads Gravel
      • LOT DESCRIPTION Splits Available,Cleared,Adjoins State/Fed Land,City Limits,Partially Wooded
      • Water Features Lake Frontage, Water View, Waterfront, All Sports Lake
    • Schools
      • School District Ontonagon Area Schools

    Contact

    Jack Baldridge

    Jack Baldridge

    Realtor

    RE/MAX Select

    Direct: 810-347-6995

    Neighborhood

    49953 (Ontonagon) Demographics

    60 Median Age
    5 Population Density (per sq. mile)
    30% College Educated
    $42,330 Estimated Median Income
    937 Estimated Total Home Owners
    194 Estimated Total Renters
    83% / 17% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    2,212 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    6 New On Market

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        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $3,600,000
        8/21/2023 9:36:00 AM New in Database Source: Multiple Listing Service New Value: $3,600,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.