Trout Lake RD $299,000

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    Trout Lake RD Chatham, MI 49816

    • 246.48 Acres
    • Land
    • MLS# 24-323
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    Views: 72 Days On Site: 181

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    Property Details

    If you're looking to make a substantial timber investment, this one may check the boxes. Within the property sits a 212+/- acre cedar stand of varying age classes. All of this lies against 3,700' +/- of frontage on the East Branch of the Whitefish River. If you'd rather use the property for hunting or recreation, 17+/- acres of thick regen provide cover, trails, and food for wildlife. Public land bordering to the west and north expands recreational reach beyond the boundaries of this property. Property is currently enrolled in the Qualified Forest Program.

    Neighborhood

    49816 (Chatham) Demographics

    59 Median Age
    13 Population Density (per sq. mile)
    21% College Educated
    $54,375 Estimated Median Income
    290 Estimated Total Home Owners
    16 Estimated Total Renters
    95% / 5% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    746 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $275,000 Median Sales Price
    1 Homes Sold
    1 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $299,000
        4/24/2024 2:51:00 PM New in Database Source: Multiple Listing Service New Value: $299,000

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        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Listing information is provided in part by the IDX Program of the MLS of the Eastern Upper Peninsula Board of REALTORS®. All information is deemed reliable but is not guaranteed.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.