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Off market
  • $645,500

    27757 Us Highway 41, Michigamme, MI 49861

    10beds
    1,056sqft
    SingleFamily
    Built in 2006
    1.36 Acres Lot
    $645,500 Zestimate®
    $611/sqft
    $1,556 Estimated rent

    Home value

    $645,500

    $574,000 - $742,000

    $1,556/mo

    Zestimate® history
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    Owner options

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    $1,556/mo

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    $1,556/mo

    Rent Zestimate®

    Refinance and save

    $4,156/mo

    Est. payment

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    $4,156/mo

    Est. payment

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    What's special

    This is an amazing opportunity to live on the lake year round! Have you dreamed of running a bed and breakfast/resort or maybe you would love a camp or year round home where all of your family and friends can visit and have their own cabin... a family commune! Live, work, play on the lake! Generate income while enjoying the good life!!! The Ruth Lake Resort sits on 1.36 acres and boasts 209' of beautiful sandy beach! Take in the views of BOTH Lake Ruth and Lake George! Lake Ruth boasts walleye, crappie, perch, bass, northern pike, etc., take the pontoon out or fish right from your dock! Every building has been updated in the last 10 years. Move in ready! No deferred maintenance! The main house is an open concept, two bedroom, one full bath home that is easily maintained with no steps. The home was completely renovated in 2006 with granite countertops, new island with barstools, laminate flooring (2015), Mastercraft cabinetry, and stainless steel appliances. Entertain friends and family on the patio while taking in breathtaking views of the lake. Use the automatic awning to cool off when the sun is high. If you'd like, generate an income from the four cabins and a four unit motel! Each cabin has laminate floors, knotty pine walls, an air conditioner(in motel only)/heater wall unit, with 2 full sized beds, kitchenette, and .75 bath. There is an on-site laundry facility attached to the motel as well. Rent your quaint cabins by the night, week, or month to snowmobilers, campers, vacationers. To top it all off, there is a newly built 44'x36' stick built heated garage/workshop, with 12' ceilings, and also with a kitchenette and bathroom.... this is the ultimate man cave!! The property includes newer outdoor wood boiler in 2014, all log sided and metal roofing in 2007, new wiring in 2006, 80 ft deep well, a garden area and much more! This all adds up to a very low maintenance, income property....while enjoying a little piece of heaven!! Why not begin your dream today! Call for your private showing.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 9
    • Full bathrooms: 9
    Appliances
    • Included: Dryer, Microwave, Washer
    Interior area
    • Total interior livable area: 1,056 sqft

    Property

    Parking
    • Total spaces: 4
    Features
    • Exterior features: Wood
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 1.36 Acres

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 2006

    Utilities & green energy

    • Electric: Yes
    • Sewer: Septic

    Community & HOA

    Location
    • Region: Michigamme

    Financial & listing details

    • Price per square foot: $611/sqft

    Price history

    DateEventPrice
    3/15/2021Sold$400,000-4.8%$379/sqft
    Source: Agent Provided Report a problem
    1/6/2021Contingent$420,000$398/sqft
    Source: Upper Peninsula AOR #1124205 Report a problem
    12/14/2020Pending sale$420,000$398/sqft
    Source: SELECT REALTY #1124205 Report a problem
    12/14/2020Contingent$420,000$398/sqft
    Source: Upper Peninsula AOR #1124205 Report a problem
    11/2/2020Listed for sale$420,000+5.6%$398/sqft
    Source: SELECT REALTY #1124205 Report a problem
    3/6/2019Listing removed$397,800$377/sqft
    Source: SELECT REALTY #1106699 Report a problem
    3/6/2018Listed for sale$397,800$377/sqft
    Source: SELECT REALTY #1106699 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Three Lakes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Republic-Michigamme

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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