Set on just under a half-acre in Negaunee, this 2-bedroom, 1-bath home is a great opportunity for a buyer with vision. Located directly across the road from Teal Lake, the property has exciting potential for beautiful future lake views and a setting that stands out. Known for its scenic backdrop and year-round recreation, Teal Lake adds to the appeal of this generously sized lot. The home features a large kitchen, a small detached garage for storage, a large attic space that could be converted into an additional bedroom, and plenty of potential for renovation or future improvement. While the home does need work, the combination of lot size, location, and upside makes this a compelling opportunity in a highly desirable area.
Sold for $121,000
Zestimate®
$121,000
212 W Water St, Negaunee, MI 49866
2beds
980sqft
Single Family Residence
Built in 1890
0.36 Acres Lot
$121,000 Zestimate®
$123/sqft
$1,517 Estimated rent
Home value
$121,000
$115,000 - $127,000
$1,517/mo
Zestimate® history
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$618/mo
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Zillow last checked:
Listing updated:
Listed by:
TRAVIS RYAN 906-205-7777,
FRESHDOOR REAL ESTATE
Bought with:
MELISSA LEHTOMAKI
RE/MAX 1ST REALTY
Source: MiRealSource,MLS#: 50205075
Originating MLS: Upper Peninsula Assoc of Realtors
Originating MLS: Upper Peninsula Assoc of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Features: Wood
- Level: First
- Area: 104
- Dimensions: 13 x 8
Bedroom 2
- Features: Carpet
- Level: Second
- Area: 117
- Dimensions: 13 x 9
Bathroom 1
- Features: Linoleum
- Level: First
Dining room
- Features: Carpet
- Level: First
- Area: 130
- Dimensions: 13 x 10
Kitchen
- Features: Wood
- Level: First
- Area: 220
- Dimensions: 22 x 10
Living room
- Features: Carpet
- Level: First
- Area: 221
- Dimensions: 17 x 13
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Range/Oven, Refrigerator, Gas Water Heater
Features
- Flooring: Wood, Carpet, Linoleum
- Basement: MI Basement,Michigan Basement
- Has fireplace: No
Interior area
- Total structure area: 1,490
- Total interior livable area: 980 sqft
- Finished area above ground: 980
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: One and One Half
- Stories: 1
- Exterior features: Sidewalks, Street Lights
- Has view: Yes
- View description: Water, Lake
- Has water view: Yes
- Water view: Water,Lake
- Body of water: Teal Lake
- Frontage type: Road
- Frontage length: 71
Lot
- Size: 0.36 Acres
- Dimensions: 71 x 188
- Features: Walk to School, Sidewalks, City Lot
Details
- Additional structures: Garage(s)
- Parcel number: 525334000400
- Zoning: R-2
- Zoning description: Residential
- Special conditions: Private,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Materials
- Cement Siding
Condition
- Year built: 1890
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sanitary
- Water: Public
- Utilities for property: Cable/Internet Avail., DSL Available, Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Internet DSL Available, Internet Fiber Available
Community & neighborhood
Location
- Region: Negaunee
- Subdivision: Assrs Of Water St
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA 203K
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/4/2026 | Sold | $121,000+22.2%$123/sqft |
Source:  MiRealSource #50205075 Report a problem | ||
| 4/29/2026 | Pending sale | $99,000$101/sqft |
Source: MiRealSource #50205075 Report a problem | ||
| 4/22/2026 | Listed for sale | $99,000$101/sqft |
Source:  Upper Peninsula AOR #50205075 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $891 +8.5% | $44,750 +7.3% |
| 2023 | $822 +4% | $41,700 +3.9% |
| 2022 | $790 +2.8% | $40,150 +4.3% |
| 2021 | $768 +3.3% | $38,500 +34.6% |
| 2019 | $744 | $28,600 +10.2% |
| 2018 | -- | $25,950 +0.6% |
| 2017 | -- | $25,800 +2.8% |
| 2016 | -- | $25,100 |
| 2015 | -- | $25,100 +4.4% |
| 2014 | -- | $24,050 +4.3% |
| 2012 | -- | $23,050 -3.2% |
| 2011 | -- | $23,800 |
| 2010 | -- | $23,800 |
Find assessor info on the county website
Neighborhood: 49866
Nearby schools
GreatSchools rating
- 7/10Lakeview SchoolGrades: PK-4Distance: 0.5 mi
- 8/10Negaunee Middle SchoolGrades: 5-8Distance: 0.5 mi
- 7/10Negaunee High SchoolGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- Elementary: Lakeview Elementary
- Middle: Negaunee Middle School
- High: Negaunee High School
- District: Negaunee Public Schools
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Michigan
- Marquette County
- Negaunee
- 49866
- 212 W Water St
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