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For sale
  • $159,000

    517 W Victory Way, Newberry, MI 49868

    3beds
    1,128sqft
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    Single Family Residence
    Built in 1948
    2.31 Acres Lot
    $153,100 Zestimate®
    $141/sqft
    $-- HOA

    What's special

    Charming cape cod-style homeDetached two-car garageThree-bedroom one-bath home
    Welcome to 517 West Victory Way, a charming Cape Cod-style home nestled on a spacious 2.31-acre parcel just outside of the Village of Newberry. This inviting three-bedroom, one-bath home offers 1,128 square feet of comfortable living space, blending classic character with everyday functionality. Inside, you'll find a warm and welcoming layout with a beautiful bay window pouring in natural light, creating a comfortable place to call home. The detached two-car garage adds convenience and the expansive lot offers room to garden, play, or just enjoy the outdoors. All while being close to local amenities. And here's what makes this listing especially compelling! The adjoining second residence at 517 1/2 is included in the sale. Together on one parcel, this rare two-home setup offers possible rental income, space for extended family, or a smart owner-occupant investment strategy. Live in one, rent the other. It's a unique opportunity with flexibility and long-term upside! 517½ West Victory Way adds a practical second residence to this unique two-home property. This approximately 960-square-foot, two-bedroom home offers a comfortable layout suited for long-term rental use, extended living arrangements, or additional workspace. Its separate entrance and residential setting give occupants the feel of a stand-alone home while remaining conveniently located near Newberry amenities. Currently used as a full-time rental, 517½ provides established income potential from the start. The tenant is presently on a lease arrangement, giving a new owner flexibility to continue the rental relationship, adjust future terms subject to applicable law, or incorporate the home into another long-term ownership plan. Buyers should verify lease terms, rental income, deposits, and occupancy details during due diligence. Both 517 and 517½ are located on the same parcel and are being sold together. Utilities are interconnected and metered through 517, making this a distinctive investment opportunity for an owner seeking two residences in one transaction. Live in the main home while continuing to rent the second, or operate both as long-term rentals for added potential. Information is deemed reliable but not guaranteed. Buyers and buyers’ agents should independently verify all information, including square footage, room dimensions, acreage, taxes, property boundaries, utilities, zoning, permitted use, rental status, and the condition of all structures and systems. Property is offered in compliance with federal, state, and local fair housing laws
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    Zillow last checked:

    Listing updated:

    Listed by:

    ANTHONY CIARAMITARO 586-480-8927,

    FIVE STAR REAL ESTATE 231-778-1200,

    TAMMY FULCHER 906-202-3359,

    FIVE STAR REAL ESTATE

    Source: MiRealSource,MLS#: 50215347MLS LogoOriginating MLS: Upper Peninsula Assoc of Realtors

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Bedroom 1
      • Level: First
      • Area: 144
      • Dimensions: 12 x 12
      Bedroom 2
      • Level: First
      • Area: 110
      • Dimensions: 10 x 11
      Bedroom 3
      • Level: First
      • Area: 100
      • Dimensions: 10 x 10
      Bathroom 1
      • Level: First
      Heating
      • Forced Air, Natural Gas
      Cooling
      • None
      Appliances
      • Included: Dryer, Microwave, Range/Oven, Refrigerator, Washer, Negotiable (Appliances), Electric Water Heater
      Features
      • Windows: Bay Window(s)
      • Basement: Block,Unfinished,Crawl Space
      • Has fireplace: No
      Interior area
      • Total structure area: 1,692
      • Total interior livable area: 1,128 sqft
      • Finished area above ground: 1,128
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Off Street
      • Garage spaces: 2
      Features
      • Levels: One and One Half
      • Stories: 1.5
      • Exterior features: None
      • Waterfront features: None
      • Frontage type: Road
      • Frontage length: 330
      Lot
      • Size: 2.31 Acres
      • Dimensions: 2.31 acres
      Details
      • Additional structures: Garage(s)
      • Additional parcels included: 48-003-180-000-0100
      • Parcel number: 48003180000100
      • Special conditions: Private,Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cape Cod
      • Property subtype: Single Family Residence
      Materials
      • Aluminum Siding
      • Foundation: Basement
      Condition
      • Year built: 1948

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Newberry

      Financial & listing details

      • Price per square foot: $141/sqft
      • Tax assessed value: $156,800
      • Annual tax amount: $2,110
      • Date on market: 7/17/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Road surface type: Paved

        Estimated market value

        $153,100

        $126,000 - $178,000

        $1,072/mo

        Price history

        DateEventPrice
        7/17/2026Listed for sale$159,000$141/sqft
        Source: MiRealSource #50215347 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,617 +7.7%$78,400 +7.5%
        2024$1,501 $72,900 +30.9%
        2023-- $55,700 +17.8%
        2022-- $47,300 +2.2%
        2021-- $46,300 +3.8%
        2020-- $44,600 -5.7%
        2019$663 $47,300 +26.5%
        2018$663 +5.8%$37,400 +24.7%
        2017$627 $30,000
        2016$627 +0.2%$30,000
        2014$625 +10.7%$30,000
        2013$565 $30,000
        2012$565 +0.3%$30,000 -34.1%
        2010$563 $45,500
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 49868

        Getting around

        18 / 100
        Car-Dependent
        29 / 100
        Somewhat Bikeable

        Nearby schools

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