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Contingent
$569,000
4beds
2,805sqft

1588 McRae Dr, Cheboygan, MI 49721

4beds
2,805sqft
Single family residence
0.71 Acres
Garage
$203 price/sqft

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 ...

19 days
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641
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24
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Source: WWMLS,MLS#: 201840525MLS Logo
Travel times

Living Room

Kitchen

Dining Room

Zillow last checked:

Listing updated:

Listed by:

Randy K Ernst randyernst@bhhsmi.com,

Berkshire Hathaway HomeServices-Cheboygan 231-627-7186

Source: WWMLS,MLS#: 201840525MLS Logo

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
Video & virtual tour

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
  • Special conditions: Listing Status; Active w/ Contingencies

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: $203/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

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

Public tax history

YearProperty taxesTax 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

Find assessor info on the county website

Monthly payment

Est. payment
$3,286/mo
Principal & interest
$2845
Property taxes
$441
More affordability toolsChevron Right

Estimated market value

Not available

Estimated sales range

Not available

$2,685/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 49721

Nearby schools

East Elementary School
Grades K-32.4 miles
N/A
GreatSchools® Rating
Cheboygan Area High School
Grades 8-122.5 miles
6/10
GreatSchools® Rating
College Readiness Rating
7/10
Student Progress Rating
5/10
Cheboygan Middle School
Grades 4-122.5 miles
N/A
GreatSchools® Rating