HUGE PRICE REDUCTION! This beautiful 5-acre mixed wooded property offers a peaceful setting on the Iron River, complete with Red Cortland, Wolf River, and Honeycrisp apple trees. A circular driveway leads to a very well-maintained 2-bedroom, 2.5-bath home with beautiful river views in every season. Inside, the home features an open-concept kitchen, dining area, and great room, along with a more private second living space or sunroom. The main level includes laundry and a primary suite with a spacious walk-in closet. The lower level offers a large living area that could be used as a recreation room or partitioned to create an additional egress bedroom. This level also includes a ground-level walkout, another bedroom and bath, and abundant storage throughout. When it is time to relax, step outside and enjoy your very own sauna. The 32x40 garage, built in 2000, is divided into two sections. The north side is insulated and plumbed for a bathroom and propane heat, while the south side includes pull-down stairway access to attic storage. A dusk-to-dawn light over the parking area ensures you never arrive home in the dark. As a bonus, there is an outdoor bubbler for a quick sip of fresh water. The Iron River is a 17.1-mile-long waterway in Iron County, Michigan, flowing northwest to southeast through the City of Iron River and into the Brule River. Famous for the visible iron ore outcrops along its banks, this Blue Ribbon Trout Stream is highly regarded by anglers for its brook and brown trout.
Contingent
Price cut: $19.9K (8/24)
$400,000
370 Gibbs City Rd, Iron River, MI 49935
2beds
2,090sqft
Single Family Residence
Built in 2002
5 Acres Lot
$389,100 Zestimate®
$191/sqft
$-- HOA
What's special
Circular drivewayGreat roomVery own saunaAbundant storage throughoutDining areaOpen-concept kitchen
- 84 days
- 416
- 23
Zillow last checked:
Listing updated:
Listed by:
BARBARA BENSON-STAFFORD 906-367-1000,
U.P. RIVERLAND REALTY 906-265-9921,
PUNNER FRANZENE 906-367-0960,
U.P. RIVERLAND REALTY
Source: MiRealSource,MLS#: 50214193
Originating MLS: Upper Peninsula Assoc of Realtors
Originating MLS: Upper Peninsula Assoc of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Bedroom, Laundry, Master Bedroom, Great Room, Living Room
Primary bedroom
- Level: First
Bedroom 1
- Features: Carpet
- Level: Main
- Area: 156
- Dimensions: 12 x 13
Bedroom 2
- Features: Carpet
- Level: Lower
- Area: 121
- Dimensions: 11 x 11
Bathroom 1
- Level: Main
- Area: 66
- Dimensions: 11 x 6
Bathroom 2
- Level: Lower
- Area: 49
- Dimensions: 7 x 7
Dining room
- Features: Carpet
- Level: Main
- Area: 169
- Dimensions: 13 x 13
Family room
- Features: Carpet
- Level: Lower
- Area: 416
- Dimensions: 26 x 16
Great room
- Level: Main
- Area: 208
- Dimensions: 16 x 13
Kitchen
- Level: Main
- Area: 192
- Dimensions: 16 x 12
Heating
- Forced Air, Propane
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Electric Water Heater
- Laundry: First Floor Laundry, Main Level
Features
- High Ceilings, Cathedral/Vaulted Ceiling, Walk-In Closet(s), Bar
- Flooring: Carpet
- Basement: Full,Partially Finished,Walk-Out Access,Concrete
- Has fireplace: No
Interior area
- Total structure area: 2,636
- Total interior livable area: 2,090 sqft
- Finished area above ground: 1,318
- Finished area below ground: 772
Property
Parking
- Total spaces: 3
- Parking features: Garage, Detached, Electric in Garage, Garage Door Opener
- Garage spaces: 3
Accessibility
- Accessibility features: Covered Entrance
Features
- Levels: One
- Stories: 1
- Exterior features: None
- Has view: Yes
- View description: River, Rural View
- Has water view: Yes
- Water view: River
- Waterfront features: River Front, Waterfront
- Body of water: Iron River
- Frontage length: 200
Lot
- Size: 5 Acres
- Dimensions: 200 x 1071
- Features: Rural, Sloped, Wooded
Details
- Additional structures: Sauna
- Parcel number: 00401601500
- Zoning: Residential River Area
- Zoning description: Residential
- Special conditions: Private,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Basement, Concrete Perimeter
Condition
- New construction: No
- Year built: 2002
Utilities & green energy
- Electric: 200+ Amp Service, Circuit Breakers
- Sewer: Public Sanitary
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected, Propane Tank Owned
Community & HOA
Community
- Subdivision: N/A
HOA
- Has HOA: No
Location
- Region: Iron River
Financial & listing details
- Price per square foot: $191/sqft
- Tax assessed value: $98,090
- Annual tax amount: $2,290
- Date on market: 7/9/2026
- Cumulative days on market: 85 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$389,100
$370,000 - $409,000
$2,677/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2026 | Contingent | $400,000$191/sqft |
Source:  MiRealSource #50214193 Report a problem | ||
| 8/24/2026 | Price change | $400,000-4.7%$191/sqft |
Source: MiRealSource #50214193 Report a problem | ||
| 7/9/2026 | Listed for sale | $419,900+4099%$201/sqft |
Source: MiRealSource #50214193 Report a problem | ||
| 10/5/1998 | Sold | $10,000$5/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,145 +6.7% | $98,090 +13.2% |
| 2024 | $2,010 +4.9% | $86,630 +6.2% |
| 2023 | $1,916 +3.1% | $81,600 +13.2% |
| 2022 | $1,858 | $72,100 +7.3% |
| 2021 | -- | $67,200 |
| 2020 | -- | $67,200 -5.6% |
| 2019 | -- | $71,200 +4.9% |
| 2017 | -- | $67,900 +0.3% |
| 2016 | -- | $67,700 +0.9% |
| 2015 | -- | $67,100 +9.3% |
| 2014 | -- | $61,400 |
| 2013 | -- | $61,400 +0.5% |
| 2011 | -- | $61,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 49935
Nearby schools
Schools provided by the listing agent
- District: West Iron County School District
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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