Wood Island Island $3,850,000

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    Wood Island Island Munising, MI 49862

    • 188.00 Acres
    • Land
    • MLS# 50151654
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    Views: 116 Days On Site: 103

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    Property Details

    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!

    • General Features
      • Style Vacant Land
      • Acreage 188
      • Area Municipality Grand Island Twp (02007)
      • Association Fee Y/N No
      • Body of Water Lake Superior
      • County Alger
      • Originating MLS MiRealSource
      • Ownership Trust
      • Waterfront Y/N Yes
      • ZONING Residential,Recreational
    • Property Features
      • Lot Size 12300
      • LOT DESCRIPTION Wooded
      • Water Features Island, Lake Frontage, Water View, Waterfront, All Sports Lake
    • Schools
      • School District Munising Public Schools

    Neighborhood

    49862 (Munising) Demographics

    44 Median Age
    23 Population Density (per sq. mile)
    26% College Educated
    $43,571 Estimated Median Income
    1,115 Estimated Total Home Owners
    391 Estimated Total Renters
    74% / 26% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    4,765 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $288,500 Median Sales Price
    4 Homes Sold
    3 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: $3,850,000
        8/10/2024 2:23:00 PM New in Database Source: Multiple Listing Service New Value: $3,850,000

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        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.