Discover your own slice of Pure Michigan with this breathtaking 22-acre lot which can be purchased as a whole or split into 11 acre parcels. Embrace serene riverfront living with 661 feet along the picturesque Whitefish River while also enjoying electricity available at the street. This idyllic retreat is just 30 minutes from the charming Sand Point Lighthouse and UP State Fair Grounds, and only 10 minutes from local shops, restaurants, and golf courses. Create your dream sanctuary in this stunning natural setting!
Property Details
Property Features
Listing Office:
Office Name: Elite Realty
Office Phone: (734) 513-2166
Listing Agent: Thomas Stukel
Exterior Features
Exterior Information:
Waterfront: River
Lot Features
Lot Information:
Lot: Wooded
Lot Size: 22.08 Acres
Other
Directions Information:
Directions: Turn north off of Route 10 onto V Ln. Proceed about 1.8 miles until you arrive. (about 500 feet past the electrical lines)
Price Information
Listing Price Info
Price Summary:
List Price: $219,000
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 Rapid River, 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.
$1,161
Per Month
Principal & Interest
$1,094
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
$723
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
James T Jones Elementary School
400 S 10th St
Distance between this listing and this school8.12 miles
Public District Grades 3-5
5
/10
Escanaba Upper Elementary School
1500 Ludington St
Distance between this listing and this school15.09 miles
Public District Grades 3-5
7
/10
Bark Riverharris Elementary School
Hwy US 2 41
Distance between this listing and this school25.76 miles
Public District Grades PK-6
Nearby Schools
5
/10
Gladstone Area Middle School
300 S 10th St
Distance between this listing and this school8.09 miles
Public Magnet Grades 6-8
Nearby Schools
7
/10
Tritownship School
10070 US Highway 2
Distance between this listing and this school2.29 miles
Public District Grades KG-12
6
/10
Gladstone Area High School
2100 State Highway M35
Distance between this listing and this school7.92 miles
Public Magnet Grades 9-12
6
/10
Mid Peninsula School
5055 Saint Nicholas 31st Rd
Distance between this listing and this school8.75 miles
The neighbors living near this home have an average income of $51,537. Typical income of Rapid River, MI residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0000 V.5 Ln
What is the listing price of this property?
The listing price of 0000 V.5 Ln property is $219,000.
What type of property is this?
The property 0000 V.5 Ln is land located in Rapid River, Michigan, 49878.
Is this property for sale now?
Active Listing: 0000 V.5 Ln is For Sale (Active/New) which means the seller is accepting offers.
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 V.5 Ln in Rapid River, MI and zip code 49878. This home sits on a 22.08 acre lot. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $219,000.
In October 2024, from all listings sold in Rapid River, MI there were more than 0 sold above asking price, over 3 sold below and more than 2 were sold right at the asked price. The inventory of homes for sale in Rapid River, MI between September 2024 and October 2024 increased by 21.1%. The median list price of listings available in October 2024 was $260,000, while the average time on the real estate market was 51 days.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Figure Skating
Figure Skating
NASCAR
Hunting
Dollar General
Bass Pro Shops
Wal-Mart
Applebees
Hardee's
Jimmy Johns
Cadillac
GMC
Ram
Classic Country
New Country
Oldies