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695 Co Rd 492 Deertrack Village $3,900,000

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695 Co Rd 492 Deertrack Village Marquette, MI 49855

  • 125.85 Acres
  • Land
MLS# 1104748 | Active

$3,900,000

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Days On Market: 485 4280 Views
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Property Details

A unique opportunity to develop coveted historical property in Marquette Township, just outside of the City of Marquette. This stunning property is nestled within 138 acres of rolling hills, ancient forest, and mixed hardwoods. It includes beautiful and historic Whetstone creek and its headwaters, a large spring-fed pond with a dock and raft, and is adjacent to the Heritage Trail. Deertrack is rich with history and unique features not seen in other properties in the UP of Michigan. There is an outdoor Amphitheatre built into a hillside, and a former 26 target world class archery range, which is now available to develop. The property is adjacent to a rare Frank Lloyd Wright home owned by Abby Beecher Roberts. Mrs. Roberts created and owned Deertrack Resort and was the daughter of one of Marquette's most famous citizens, J. M. Longyear. 14 year-round rental cabins have provided income for over 70 years, with no vacancies. The potential is endless for these cabins, such as, AirBNB, yearly rentals, HOA, or returning Deertrack to its original resort status. The area the cabins are in include a 25 by 30 steel foot butler building, great for storage, and an 8 stall concrete block garage for cars, storage or workshop. Renters and homeowners can walk through trails in the beautiful forest and streams, or snowmobile and bicycle on the Heritage Trail which connects other trails that cover the whole Upper Peninsula. They may even catch a glimpse or longer of the wildlife that makes Deertrack their home. The right buyer could choose to develop part of the property and still maintain the 20 acres of cabins for income, provide apartments within the beautiful wooded scenery which are convenient to town, or turn the whole of the property to a subdivision whose location would be very coveted. There is still the possibility that someone may want to buy the whole property to build a home on for their own private oasis in the center of the property and gain a slice of heaven. This property's beauty is unmatched in all of Marquette. It is quiet and peaceful on a county road, yet just outside of the city border, 3 miles from downtown, and very close to retail shopping and restaurants. It provides the best of all worlds including lower township taxes.

  • General Features
    • Deeded Water Access Pond
    • County Marquette
    • Association Fee None
    • Area Marquette, South T 26
  • Building Features
    • Electric Yes, Available
    • Cable Available
    • Natural Gas Available
  • Property Features
    • SEWER Septic,Township,Available at Street
    • ROAD ACCESS Year Round
    • Waterfront Pond
    • WOODED Yes,Partial
    • Water View Pond
    • WATER Available,Drilled Well,Township
    • Shoreline Mixed, Vegetation, Wooded
    • TERRAIN Combination,Flat,Hilly,Rolling
  • Schools
    • School District Marquette

Contact

Terry Huffman

Associate Broker

RE/MAX 1st Realty

Direct: 906-225-7653

Neighborhood

49855 (Marquette) Demographics

33Median Age
167Population Density (per sq. mile)
47%College Educated
$46,001Estimated Median Income
7,553Estimated Total Home Owners
5,028Estimated Total Renters
60% / 40%Estimated Owner / Renter Divide
2Estimated Average Household Size
33,500Total Population

Market Last 30 Days

$176,450 Median Sales Price
20 Homes Sold
18 New On Market

Average Days on Market

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      Property History

      Date Event Price Percent Change
      -- Current Price Source New Value: $3,900,000
      9/20/2017 11:43:00 AM New in Database Source

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      The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Upper Peninsula Board of REALTORS®. IDX Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the Upper Peninsula Board of REALTORS®.