50+ acres of site ready commercial development acreage along one of Northern Michigan's busiest stretches of highway, US 31 N. A paved service road was just completed in October of 2022 along with the addition of Natural Gas, TWP water/sewer and underground electric. Located less than 2 miles from downtown Charlevoix, 12 miles to Petoskey, adjacent to the Little Traverse Wheel-way and close by to both Lake Charlevoix & Lake Michigan public access sites. Multiple curb cuts along US HWY 31, and access from both 31 and BC/CHX Road. Primed for a large residential apartment building complex, commercial development, RV Resort, campground, assisted living facility, or multi-use commercial complex. The site is being offered as a whole of can be parceled in to several different sizes/prices to suit your businesses needs.
Property Details
Property Features
Listing Office:
Office Name: Berkshire Hathaway HomeServices Real Estate
Listing Agent: Austen Lobenherz
Exterior Features
Exterior Information:
View: Trees/Woods
Lot Features
Lot Information:
Lot: Electric Fence, Trees, Mineral Rights, Paved, Level
Lot Size: 52.60 Acres
School Info
Assigned Schools Information:
Ellsworth Community School, Public District Grades PK-12
Other
Directions Information:
Directions: US-31 HWY N adjacent to Boyne City Charlevoix Road Across from Charlevoix County Club
Price Information
Listing Price Info
Price Summary:
List Price: $1,450,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Charlevoix, MI.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,304
Per Month
Principal & Interest
$7,237
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,414
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
High School
6
/10
Ellsworth Community School
9467 Park St
Distance between this listing and this school5.10 miles
Public District Grades PK-12
Nearby Schools
7
/10
Charlevoix Elementary School
13513 Division Ave
Distance between this listing and this school9.99 miles
Public District Grades KG-6
6
/10
East Jordan Elementary School
304 4th St
Distance between this listing and this school11.15 miles
Public Magnet Grades PK-5
5
/10
John R Rodger Elementary School
6535 John R Rodgers Rd
Distance between this listing and this school15.99 miles
Public District Grades KG-5
Nearby Schools
6
/10
Boyne City Middle School
1025 Boyne Ave
Distance between this listing and this school16.60 miles
Public District Grades 5-8
7
/10
Cherryland Middle School
707 E 3rd St
Distance between this listing and this school21.13 miles
Public District Grades 6-8
7
/10
Petoskey Middle School
801 Northmen Dr
Distance between this listing and this school23.22 miles
Public Magnet Grades 6-8
Assigned Schools
6
/10
Ellsworth Community School
9467 Park St
Distance between this listing and this school5.10 miles
Public District Grades PK-12
Nearby Schools
9
/10
Charlevoix Middle/ High School
5200 Marion Center Rd
Distance between this listing and this school6.79 miles
Public District Grades 7-12
10
/10
Northwest Academy
115 W Hurlbut St
Distance between this listing and this school8.99 miles
The neighbors living near this home have an average income of $46,059. The most common annual income of people living in Charlevoix, MI is between $35k-100k. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0000 N US Highway 31
What is the listing price of this property?
The listing price of 0000 N US Highway 31 property is $1,450,000.
What type of property is this?
The property 0000 N US Highway 31 is land located in Charlevoix, Michigan, 49720.
Is this property for sale now?
Active Listing: 0000 N US Highway 31 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 0000 N US Highway 31 are: Ellsworth Community School: GreatSchools Rating 6/10
How much acreage is this property?
The property 0000 N US Highway 31 is 52.60 acres.
Interested in 0000 N US Highway 31? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 0000 N US Highway 31 in Charlevoix, MI and zip code 49720. This home sits on a 52.60 acre lot. It has been listed on Rocket Homes since April 26, 2023 and is currently priced at $1,450,000.
In October 2024, from all listings sold in Charlevoix, MI there were more than 2 sold above asking price, over 9 sold below and more than 2 were sold right at the asked price. The number of listings in Charlevoix, MI increased by 2.8% between September 2024 and October 2024. While the average time on the market in October 2024 was 22 days, the median list price was $365,000.
From Rocket Homes Real Estate and based on county public records data.