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Lot/land
  • $1,600,000

    6727 Sherman St, Otter Lake, MI 48464

    --beds
    --baths
    45.45Acres
    Land
    Built in ----
    45.45 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    45.45 Acres of Prime Waterfront Land on Three Lakes! 6727 Sherman Drive, Otter Lake, MI A truly rare opportunity to own one of the most unique waterfront properties in Michigan! This spectacular 45.45 acre parcel is surrounded by the natural beauty of Otter Lake, Powder Horn Lake, and Mud Lake, featuring mature hardwood forests, incredible wildlife, breathtaking water views, and endless possibilities. This property offers flexibility for developers, investors, builders, or those seeking a private waterfront retreat. Purchase the entire 45.45 acre property to preserve it as your own private lake front sanctuary or choose one of the proposed 6 waterfront parcels. Property Highlights: - 45.45 Acres of Waterfront Land - Surrounded by Otter Lake, Powder Horn Lake & Mud Lake - Otter Lake an All Sports Lake - Powder Horn a No Motor Lake - Mud Lake a No Motor Lake - Mature Hardwood Trees & Scenic Natural Beauty - Incredible Development Potential - Private Waterfront Estate Opportunity - Excellent Fishing, Boating, Kayaking, Water Skiing & Recreation - Owner Proposed 6 individual waterfront parcels - Municipal sanitary sewer onsite - Private Seller Financing Available Whether you're a developer, investor, or buyer seeking a private waterfront retreat, this exceptional property offers endless possibilities. Enjoy access to all-sports Otter Lake for boating, water skiing, fishing, and recreation, along with the peaceful beauty of Powder Horn Lake and Mud Lake. Purchase the entire 45.45 acres or one of the proposed water front parcels. Private seller financing available. Opportunities like this are rare! Listing includes the below additional parcels: 09-01-200-015 (Winter tax: $78.69, Summer Tax: $162.51, SEV: $14,200) 047-636-001-00 (Winter Tax: $1,517.54, Summer Tax:$440.90, SEV: $45,600).
    38 days
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    480
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    23
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    Zillow last checked:

    Listing updated:

    Listed by:

    Whitney Williams 248-388-8102,

    M & W Realty LLC 248-318-8250

    Source: Realcomp II,MLS#: 20261045479MLS Logo

      Facts & features

      Interior

      Features
      • Has basement: No
      • Has fireplace: No

      Property

      Features
      • On waterfront: Yes
      • Waterfront features: All Sports Lake, Lake Front, No Motor Lake, Waterfront
      • Body of water: Otter Lake, Mud Lake, and Powder Horn Lake
      Lot
      • Size: 45.45 Acres
      Details
      • Parcel number: 01300600900
      • Zoning description: MultiFamily
      • Special conditions: Agent Owned,Short Sale No

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Other

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Otter Lake

      Financial & listing details

      • Tax assessed value: $145,000
      • Annual tax amount: $7,142
      • Date on market: 6/19/2026
      • Cumulative days on market: 39 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,797/mo

        Price history

        DateEventPrice
        6/19/2026Listed for sale$1,600,000+128.6%
        Source: Realcomp II #20261045479 Report a problem
        2/21/2024Listing removed--
        Source: Realcomp II #2220005995 Report a problem
        3/13/2023Pending sale$699,900
        Source: Realcomp II #2220005995 Report a problem
        12/9/2022Price change$699,900-15.2%
        Source: Realcomp II #2220005995 Report a problem
        9/20/2022Price change$825,000-17.5%
        Source: Realcomp II #2220041997 Report a problem
        7/25/2022Listed for sale$999,900-9.1%
        Source: Realcomp II #2220005995 Report a problem
        7/14/2022Listing removed--
        Source: Realcomp II #2220005995 Report a problem
        5/31/2022Price change$1,100,000-8.3%
        Source: Realcomp II #2220005995 Report a problem
        4/19/2022Listed for sale$1,200,000-19.9%
        Source: Realcomp II #2220005995 Report a problem
        4/12/2022Listing removed--
        Source: Realcomp II #2220005995 Report a problem
        2/14/2022Listed for sale$1,499,000
        Source: Realcomp II #2220005995 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- --
        2024-- --
        2023-- --
        2022-- --
        2021-- --
        2020-- --
        2018-- --
        2017-- --
        2016-- --
        2015-- --
        2014-- --
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 48464

        Getting around

        5 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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