For sale

Price cut: $14K (8/13)

$535,000

1539 Mullett Lake Woods Dr, Cheboygan, MI 49721

3beds

1,776sqft

$3,364/mo

Get pre-qualified

Single Family Residence

Built in 2021

2 Acres Lot

$535,000 Zestimate^®

$301/sqft

$-- HOA

What's special

Stone gas fireplaceCustom finishesSingle-level livingSpray foam insulationSprawling deckTankless water heaterQuartz countertops

Skip construction delays with this custom 2021 modern ranch on 2 private, wooded acres--an ideal primary home, lucrative Airbnb, or high-yield investment property. Enjoy the Inland Waterway lifestyle without waterfront taxes, located steps from Mullett Lake public access and directly bordering the Rails-to-Trails system. Inside, bright open-concept luxury features a chef's kitchen, quartz countertops, single-level living, custom finishes, and a stone gas fireplace. Over-engineered for low maintenance and efficiency--a major plus for rental management--the home includes spray foam insulation, a whole-house generator, an EV charger, and a tankless water heater. The highlight is the massive 30'x50' heated building with soaring 20' sidewalls and a 26' peak--currently a private gym, but ideal for Class-A RV, boat, or snowmobile drive-in storage. Complete with a sprawling deck, this turnkey Northern Michigan masterpiece is ready to enjoy or generate income today!

65 days

1,768

72

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Washer, Range/Oven, Refrigerator, Microwave, Dryer, Dishwasher
Laundry: Main Level

Features

Ceiling Fan(s), Walk-In Closet(s), Split Bdrm Flr Plan
Flooring: Tile, Laminate
Doors: Doorwall
Windows: Blinds
Has fireplace: Yes
Fireplace features: Gas

Interior area

Total structure area: 1,776
Total interior livable area: 1,776 sqft
Finished area above ground: 1,776

Property

Parking

Parking features: Garage
Has garage: Yes

Features

Patio & porch: Deck, Patio/Porch
Has spa: Yes
Spa features: Heated
Frontage type: None

Lot

Size: 2 Acres
Dimensions: 294.70 x 295 x 294.96 x 295.02
Features: Landscaped

Details

Additional structures: Garage(s), Shed(s)
Parcel number: 10403240000202
Other equipment: Automatic Generator

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Foundation: Crawl

Condition

Year built: 2021

Utilities & green energy

Sewer: Septic Tank
Utilities for property: Cable Connected

Community & HOA

Community

Subdivision: T37N, R1W

Location

Region: Cheboygan

Financial & listing details

Price per square foot: $301/sqft
Tax assessed value: $344,200
Annual tax amount: $2,914
Date on market: 6/11/2026
Listing terms: Cash,Conventional Mortgage
Ownership: Owner
Road surface type: Paved, Maintained

Estimated market value

$535,000

$508,000 - $562,000

$2,748/mo

Price history

Date	Event	Price
8/13/2026	Price change	$535,000-2.6%$301/sqft
Source: WWMLS #201840707 Report a problem
7/2/2026	Price change	$549,000-5.2%$309/sqft
Source: WWMLS #201840707 Report a problem
6/25/2026	Price change	$579,000-3.3%$326/sqft
Source: WWMLS #201840707 Report a problem
6/11/2026	Listed for sale	$599,000+2562.2%$337/sqft
Source: WWMLS #201840707 Report a problem
11/5/2019	Sold	$22,500$13/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,914 +36.7%	$172,100 +8.4%
2024	$2,133 +2.4%	$158,800 +31.9%
2023	$2,083 +75.7%	$120,400 +23.2%
2022	$1,186	$97,700 +226.8%
2021	--	$29,900 +754.3%
2020	--	$3,500
2019	--	$3,500
2018	--	$3,500
2017	--	$3,500
2016	--	$3,500
2015	--	$3,500
2014	--	$3,500 -18.6%
2012	--	$4,300 -23.2%
2011	--	$5,600
2010	--	$5,600