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$1,600,000
Est. payment /mo
45.45 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Municipality Marathon Twp
Subdivision Marathon Twp
MLS Listing ID 20261045479
Annual Tax Amount $7,142
Lot Size 45.450 Acres
Acres 45.45
Lot Dimensions Irregular
Source Realcomp
Property Description
45.45 Acres of Prime Waterfront Land on Three Lakes! 6727 Sherman Drive, Otter Lake, MIA truly rare opportunity to own one of the most unique waterfront properties in Michigan! This spectacular 45.45 acre parcel is surrounded by the natural beauty of Otter Lake, Powder Horn Lake, and Mud Lake, featuring mature hardwood forests, incredible wildlife, breathtaking water views, and endless possibilities.This property offers flexibility for developers, investors, builders, or those seeking a private waterfront retreat. Purchase the entire 45.45 acre property to preserve it as your own private lake front sanctuary or choose one of the proposed 6 waterfront parcels.Property Highlights:- 45.45 Acres of Waterfront Land- Surrounded by Otter Lake, Powder Horn Lake & Mud Lake- Otter Lake an All Sports Lake- Powder Horn a No Motor Lake- Mud Lake a No Motor Lake- Mature Hardwood Trees & Scenic Natural Beauty- Incredible Development Potential- Private Waterfront Estate Opportunity- Excellent Fishing, Boating, Kayaking, Water Skiing & Recreation- Owner Proposed 6 individual waterfront parcels- Municipal sanitary sewer onsite- Private Seller Financing AvailableWhether you're a developer, investor, or buyer seeking a private waterfront retreat, this exceptional property offers endless possibilities. Enjoy access to all-sports Otter Lake for boating, water skiing, fishing, and recreation, along with the peaceful beauty of Powder Horn Lake and Mud Lake. Purchase the entire 45.45 acres or one of the proposed water front parcels. Private seller financing available. Opportunities like this are rare!Listing includes the below additional parcels:09-01-200-015 (Winter tax: $78.69, Summer Tax: $162.51, SEV: $14,200)047-636-001-00 (Winter Tax: $1,517.54, Summer Tax:$440.90, SEV: $45,600).
Location
State MI
County Lapeer
Zoning Multi-Family
Direction From M-24 (Lapeer Rd) west on Otter Lake Rd to Sherman St. Property located at the end of Sherman St.
Exterior
Waterfront Description Lake
View Y/N No
Schools
School District Lakeville
Others
Tax ID 01300600900
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by M & W Realty LLC
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