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For sale
  • Price cut: $50K (9/14)
    $899,000

    5118 N Raymond Rd, Luther, MI 49656

    3beds
    1,573sqft
    : 
    $6,406/mo
    Get pre-qualified
    Single Family Residence
    Built in 1979
    34.49 Acres Lot
    $906,100 Zestimate®
    $572/sqft
    $-- HOA

    What's special

    Wood-burning fireplaceFull basementMain-level primary bedroomVaulted ceilings
    Opportunities like this are nearly impossible to recreate. Set on 34.49 incredibly diverse acres with approximately 2,634 feet of private frontage along the Pine River, this extraordinary Northern Michigan property brings together extensive waterfront, remarkable natural beauty, privacy, and improvements in a setting that truly has to be experienced in person. At the heart of the property stands a custom-built Boyne Falls Virginian Model log home, constructed by Boyne Falls Custom Home Builders on a poured concrete foundation. The 3-bedroom, 2-bath home offers the unmistakable warmth and character of a true Northern Michigan retreat, featuring vaulted ceilings, a wood-burning fireplace, main-level primary bedroom, full basement, and beautiful views of the surrounding woods. Electric service to the cabin is underground, helping preserve the uninterrupted natural character of the setting. The land itself may be the property's greatest feature. The Pine River winds along more than half a mile of the property, joined by three separate creeks that meander through the acreage and feed into the river, along with several natural springs emerging from the hillsides and flowing toward the river below. Rolling hills, ravines, wetlands, river bottom, towering mature timber, and stretches of forest that feel untouched by time create an incredible diversity of terrain, wildlife habitat, and scenery. The owners have spent years thoughtfully caring for the property, doing nearly everything possible to make it accessible and enjoyable without taking away what makes it wild. The woods, waterways, trails, open areas, and improvements have been carefully maintained to complement the landscape rather than overpower it. The result is a property that feels remarkably natural while showing the level of care and stewardship that has gone into it. For the outdoorsman, the recreational opportunities are exceptional. The Pine River is recognized for trout fishing and is a favorite in Michigan
    4 days
    285
    13

    Zillow last checked:

    Listing updated:

    Listed by:

    Derrick Volchoff 231-233-3575,

    Century 21 Trophy Class 231-233-3575

    Source: NGLRMLS,MLS#: 1950505MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 1
      Rooms
      • Room types: Great Room
      Primary bedroom
      • Area: 163.8
      • Dimensions: 13 x 12.6
      Primary bathroom
      • Features: Shared
      Kitchen
      • Area: 126
      • Dimensions: 14 x 9
      Living room
      • Area: 320
      • Dimensions: 20 x 16
      Heating
      • Forced Air, Oil, Wood, Fireplace(s)
      Appliances
      • Included: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer
      • Laundry: Main Level
      Features
      • Beamed Ceilings, Vaulted Ceiling(s)
      • Basement: Full,Unfinished
      • Has fireplace: Yes
      • Fireplace features: Wood Burning
      Interior area
      • Total structure area: 1,573
      • Total interior livable area: 1,573 sqft
      • Finished area above ground: 1,573
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached, Garage Door Opener, Concrete Floors, Dirt, Easement
      • Garage spaces: 2
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Has view: Yes
      • View description: Countryside View, Water
      • Water view: Water
      • Waterfront features: River, Gradual Slope to Water, Bluff (greater than 10ft), Vegetation to Water Edge
      • Body of water: Pine River
      • Frontage type: Waterfront
      • Frontage length: 2634
      Lot
      • Size: 34.49 Acres
      • Dimensions: 784 x 1146 + irregular
      • Features: Cleared, Wooded, Some Lowland Areas, Rolling Slope, Sloped, Metes and Bounds
      Details
      • Additional structures: None
      • Parcel number: 0800100330
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Log Cabin
      • Property subtype: Single Family Residence
      Materials
      • Frame, Log Siding
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1979

      Utilities & green energy

      • Sewer: Private Sewer
      • Water: Private

      Community & HOA

      Community
      • Features: None
      • Subdivision: N/A
      HOA
      • Services included: None
      Location
      • Region: Luther

      Financial & listing details

      • Price per square foot: $572/sqft
      • Tax assessed value: $83,224
      • Annual tax amount: $4,043
      • Price range: $899K - $899K
      • Date on market: 9/14/2026
      • Cumulative days on market: 5 days
      • Listing agreement: Exclusive Right Sell
      • Listing terms: Conventional,Cash
      • Ownership type: Corporation
      • Road surface type: Gravel

        Estimated market value

        $906,100

        $861,000 - $951,000

        $1,476/mo

        Price history

        DateEventPrice
        9/14/2026Price change$899,000-5.3%$572/sqft
        Source: MichRIC #26043788 Report a problem
        8/19/2026Listed for sale$949,000$603/sqft
        Source: MichRIC #26043788 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,043 +5.7%$153,400 +13%
        2024$3,823 $135,800 -4.4%
        2023-- $142,100 +10.9%
        2022-- $128,100 +12.9%
        2021-- $113,500 +27.7%
        2020-- $88,900 +2.1%
        2019-- $87,100 +3%
        2018-- $84,600 +5%
        2017-- $80,600 -1.6%
        2016-- $81,900 +2%
        2015-- $80,300 -0.7%
        2014-- $80,900 -5.5%
        2013-- $85,600 +2%
        2012-- $83,900 -0.8%
        2011-- $84,600 +3.7%
        2010-- $81,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 49656

        Getting around

        0 / 100
        Car-Dependent
        13 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Pine River Area Schools

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

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