2 months on rocket

Wood Is, Munising, MI, 49862

$3,850,000

188.00 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
WaterfrontIsland, Lake Front, Waterfront, Lake
ViewLake, Water
MLS #50151654
Lot Size188.00 Acres
StatusActive

About Wood Is

Here we offer Wood Island available for purchase. Situated on the outer boundary of Munising Bay, this private island offers the convenience of the proximity to the City of Munising and the protection of the bay in one direction, and the vast open waters of Lake Superior in the other. What an amazing location to catch the northern lights! There's approximately 188 wooded acres and an estimated 12,300 feet of Lake Superior frontage. The forests are mixed Northern Hardwoods and Hemlocks, along with some pines and cedars. The shoreline varies between mixed brownstones, small stone beaches, areas of Jacobsville Sandstone, short bluffs and taller cliffs. Sunrises will come from behind Grand Island to the east and the sunsets will shine over the vast waters of the Lake Superior from the west. The City of Marquette is 45 miles from Munising on the highway and around 31 miles by boat. Grand Island National Recreation Area and Pictured Rocks National Lakeshore are both major attractions in the immediate area. Excellent shore parcel available, with a purchase of Wood Island, on Reindeer Run, with 6.4 acres +/- and 533' +/- frontage on Lake Superior, for $485,000, MLS# 50153937. Don't miss your opportunity to have your own private island in this amazing Northern Michigan location!

Property Details

Property Features

Listing Office:

  • Office Name: Realty Now, LLC
  • Office Phone: (906) 360-7653
  • Listing Agent: Jason Copeman

Exterior Features

Exterior Information:

  • Waterfront: Island, Lake Front, Waterfront, Lake
  • View: Lake, Water

Lot Features

Lot Information:

  • Lot: Rural Area, Wooded
  • Lot Size: 188.00 Acres

School Info

Assigned Schools Information:

  • Munising High and Middle School, Public District Grades 6-12
  • William G. Mather Elementary School, Public District Grades PK-5

School District Information:

  • School District: Munising Public Schools

Other

Directions Information:

  • Directions: Access by boat.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,850,000
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Housing Market Comparison

See how this home compares to others in Munising, MI.

Med. Sold Price

$217.5K

Med. Price/SqFt

$134

Avg. Days On Market

57

# of Sold Homes

2

Wood Is vs Munising

86 DAYS ON ROCKET

+29 Days

$3,850,000

+$3.6M More

KEY TAKEAWAY

This property is $3.6M more than the Median Sold Price in Munising, MI.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: MiRealSource
  • MLS Number: #50151654

Listing Office:

  • Office Name: Realty Now, LLC
  • Office Phone: (906) 360-7653
  • Listing Agent: Jason Copeman

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 3:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$19.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.6K

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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.

Elementary School

school-card-donut-1787606
6
/10
  • William G. Mather Elementary School

  • 411 Elm Ave

  • 2.38 miles

  • Public District Grades PK-5

High School

school-card-donut-1787607
5
/10
  • Munising High and Middle School

  • 810 E State Highway M28

  • 2.79 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,523. Typical income of Munising, MI residents is between $35k-100k annually. The majority of families are married, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About Wood Is

What is the listing price of this property?

The listing price of Wood Is property is $3,850,000.

What type of property is this?

The property Wood Is is land located in Munising, Michigan, 49862.

Is this property for sale now?

Active Listing: Wood Is is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for Wood Is are:
William G. Mather Elementary School: GreatSchools Rating 6/10
Munising High and Middle School: GreatSchools Rating 5/10

How much acreage is this property?

The property Wood Is is 188.00 acres.
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Rocket HomesMichiganAlger CountyMunising49862Wood Is

This home is located at Wood Is in Munising, MI and zip code 49862. This home sits on a 188.00 acre lot. It has been listed on Rocket Homes since August 10, 2024 and is currently priced at $3,850,000.

In October 2024 more than 0 listings in Munising, MI were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below. The number of homes for sale in Munising, MI decreased by 18.5% between September 2024 and October 2024. In October 2024 median list price was $217,500 and the average listing age was 57 days.

From Rocket Homes Real Estate and based on county public records data.

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