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For salePrice cut: $29.9K (8/14)
$499,999
4beds
2,808sqft

50 W Parkway Dr, Cheboygan, MI 49721

4beds
2,808sqft
Single family residence
Garage
$178 price/sqft

What's special

Quartz-bar kitchenHandicap chair lift access

What if your Northern Michigan escape could pay for itself? Picture catching glimpses of Mullett Lake, grabbing your gear for deeded shared beach access at the Cheboygan River mouth, and letting a secondary unit fund your lifestyle. This unique property delivers inland waterway perks without high waterfront prices! The 4-bedroom main home features a quartz-bar kitchen and massive family room with a custom bar. Above the heated 3-car garage sits an independent 2-bedroom apartment with handicap chair lift access--primed for dual Airbnb listings, Coast Guard housing, newlyweds, or a mother-in-law suite! The potential here is unmatched, making this a must-see property you have to walk through to appreciate! Rent both sides, live in one and rent the other, or keep it for multi-generational living. Enjoy nearby marina boat rentals, mooring availability, and direct access to trails for hiking, biking, and snowmobiling--plus winter public access for ice fishing. Includes expansive parking for boat and snowmobile trailers, space for a pole barn, and room in the garage to add a connecting hallway between units. Priced right and ready for your vision--schedule your walk-through today!

154 days
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723
|
47
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Source: WWMLS,MLS#: 201839765MLS Logo
Travel times

Kitchen

Living Room

Dining Room

Zillow last checked:

Listing updated:

Listed by:

Team Martinchek audreymartinchek@bhhsmi.com,

Berkshire Hathaway HomeServices-Cheboygan 231-627-7186

Source: WWMLS,MLS#: 201839765MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4
Heating
  • Forced Air, Natural Gas
Appliances
  • Included: Washer, Range/Oven, Refrigerator, Microwave, Dryer, Dishwasher
  • Laundry: Main Level
Features
  • Walk-In Closet(s)
  • Flooring: Hardwood, Tile
Interior area
  • Total structure area: 2,808
  • Total interior livable area: 2,808 sqft
  • Finished area above ground: 2,808

Property

Parking
  • Parking features: Garage
  • Has garage: Yes
Features
  • Stories: 1
  • Patio & porch: Deck
  • Fencing: Fenced
  • On waterfront: Yes
  • Body of water: Mullett Lake
  • Frontage type: None
Lot
  • Dimensions: 203 x 207 x 204 x 160
Details
  • Additional structures: Guest Quarters/Apt
  • Parcel number: 092Y31000123000 & 092Y3100012600

Construction

Type & style
  • Home type: SingleFamily
  • Property subtype: Single Family Residence
Materials
  • Foundation: Crawl

Utilities & green energy

  • Sewer: Septic Tank

Community & HOA

Community
  • Subdivision: YE-QUA-GA-MAK
Location
  • Region: Cheboygan

Financial & listing details

  • Price per square foot: $178/sqft
  • Date on market: 5/1/2026
  • Listing terms: Cash,Conventional Mortgage
  • Ownership: Owner
  • Road surface type: Gravel, Maintained

Price history

DateEventPrice
8/14/2026Price change$499,999-5.6%$178/sqft
Source: WWMLS #201839765
5/1/2026Listed for sale$529,900-5.4%$189/sqft
Source: WWMLS #201839765
2/3/2026Listing removed$559,985$199/sqft
Source: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate #201835562
6/27/2025Listed for sale$559,985$199/sqft
Source: WWMLS #201835562

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment
$3,158/mo
Principal & interest
$2771
Property taxes
$387
More affordability toolsChevron Right

Estimated market value

$489,800

$465,000 - $514,000

$3,647/mo

Climate risks

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

Neighborhood: 49721

Nearby schools

Cheboygan Middle School
Grades 4-12 • 3.8 miles
N/A
GreatSchools® Rating
Cheboygan Intermediate School
Grades 3-5 • 3.8 miles
7/10
GreatSchools® Rating
Test Score Rating
8/10
Student Progress Rating
6/10
Cheboygan Area High School
Grades 8-12 • 3.8 miles
6/10
GreatSchools® Rating
College Readiness Rating
7/10
Student Progress Rating
5/10