Sold for $585,000

$585,000

1588 McRae Dr, Cheboygan, MI 49721

4beds

2,805sqft

Single Family Residence

Built in ----

0.71 Acres Lot

$585,200 Zestimate^®

$209/sqft

$2,672 Estimated rent

Home value

$585,200

Estimated sales range

Not available

$2,672/mo

Zestimate^® history

Owner options

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$2,672/mo

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$2,672/mo

Rent Zestimate^®

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$3,609/mo

Est. payment

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$3,609/mo

Est. payment

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What's special

Waterfront propertyCharming cottage-style homeSpacious lot

Enjoy stunning views of the Black and Cheboygan Rivers at their junction on th Inland Waterway! This waterfront property offers 154' of Black River frontage and is located in a subdivision that remained high and dry during recent flooding. Boat to Pier 33 or Hack-Ma-Tack Inn for dining, or cruise just minutes to Mullett Lake for exceptional boating and fishing. The charming cottage-style home was extensively remodeled between 2013-2018 and features wood flooring with in-floor radiant heat on the main level. A new roof, costing approx. $30,000 installed in November 2025 adds peace of mind. The spacious lot provides plenty of room for a garage or pole barn to store boats and toys. Just a few miles from town for convenient shopping and amenities!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Hot Water, Radiant Floor

Appliances

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

Features

Ceiling Fan(s), Walk-In Closet(s)
Flooring: Hardwood, Tile
Windows: Blinds, Drapes
Basement: Full
Has fireplace: Yes
Fireplace features: Insert

Interior area

Total structure area: 2,805
Total interior livable area: 2,805 sqft
Finished area above ground: 2,150

Property

Parking

Parking features: Driveway, Garage Door Opener
Has garage: Yes
Has uncovered spaces: Yes

Features

Stories: 2
Patio & porch: Deck
Exterior features: Dock
On waterfront: Yes
Waterfront features: River
Body of water: Black River

Lot

Size: 0.71 Acres
Dimensions: 154 x 200

Details

Additional structures: Shed(s)
Parcel number: 105R4900002100

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Foundation: Basement

Utilities & green energy

Sewer: Septic Tank

Community & HOA

Community

Subdivision: T37N R1W

Location

Region: Cheboygan

Financial & listing details

Price per square foot: $209/sqft
Tax assessed value: $407,400
Annual tax amount: $2,255
Date on market: 6/19/2026
Listing terms: Cash,Conventional Mortgage,VA Loan
Ownership: Owner
Road surface type: Gravel

Price history

Date	Event	Price
7/24/2026	Sold	$585,000+2.8%$209/sqft
Source: WWMLS #201840525 Report a problem
6/22/2026	Contingent	$569,000$203/sqft
Source: WWMLS #201840525 Report a problem
6/3/2026	Listed for sale	$569,000+318.1%$203/sqft
Source: WWMLS #201840525 Report a problem
9/13/2013	Sold	$136,080-19%$49/sqft
Source: Public Record Report a problem
4/19/2013	Listed for sale	$168,000-17.7%$60/sqft
Source: Prudential Preferred Properties Network #436554 Report a problem
9/17/2012	Sold	$204,118+47%$73/sqft
Source: Public Record Report a problem
6/12/2008	Sold	$138,900$50/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,255 +5%	$203,700 +9.8%
2024	$2,147 +2.4%	$185,600 +22.3%
2023	$2,098 +2.7%	$151,800 +11.3%
2022	$2,043	$136,400 +42.1%
2021	--	$96,000 +2.3%
2020	--	$93,800 +1.2%
2019	--	$92,700 -8.6%
2018	--	$101,400 +4.8%
2017	--	$96,800 +1.8%
2016	--	$95,100 -1.8%
2015	--	$96,800 -3.4%
2014	--	$100,200 +3.3%
2012	--	$97,000 -0.5%
2011	--	$97,500 -14.4%
2010	--	$113,900