For sale

$449,900

8271 N M 123, Paradise, MI 49768

3beds

905sqft

Get pre-qualified

Single Family Residence

Built in 1950

-- sqft lot

$422,400 Zestimate^®

$497/sqft

$-- HOA

What's special

Large private yardAttached garageAmple storage

Unique live-work opportunity in the heart of Paradise! This 3-bedroom, 1-bath year-round home features a large private yard and is attached to a well-established neighborhood grocery store, offering flexibility for owner-occupancy, rental income, or a combination of both. The property includes an attached garage, ample storage, and a spacious commercial area with extensive cooler and freezer capacity. Recent updates include a new roof membrane in 2025 and a newer refrigeration compressor. Located in one of Michigan's premier Upper Peninsula destinations, the property benefits from strong seasonal traffic, growing tourism, expanding short-term rental activity, and continued second-home development. A rare opportunity to own a home with built-in income potential in a thriving community.

33 days

696

31

Loading...

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
3/4 bathrooms: 1

Bedroom 1

Level: Second
Area: 110.19 Square Feet
Dimensions: 10.25 x 10.75

Bedroom 2

Level: Second
Area: 97.5 Square Feet
Dimensions: 13 x 7.5

Bedroom 3

Level: Second
Area: 102.21 Square Feet
Dimensions: 9.25 x 11.05

Other

Level: Main
Area: 50.25 Square Feet
Dimensions: 7.5 x 6.7

Dining room

Level: Main
Area: 128.01 Square Feet
Dimensions: 10.45 x 12.25

Kitchen

Level: Main
Area: 106.31 Square Feet
Dimensions: 15.75 x 6.75

Living room

Level: Main
Area: 204.08 Square Feet
Dimensions: 17.14 x 11.9

Heating

Propane

Cooling

None

Appliances

Included: Dryer, Gas Range, Microwave, Refrigerator, Washer
Laundry: Main Level

Features

Flooring: Laminate
Windows: Double Pane Windows
Basement: Sump Pump,Partial
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 905
Total interior livable area: 905 sqft
Finished area above ground: 905
Finished area below ground: 0

Property

Features

Levels: Two
Stories: 2

Lot

Features: Irregular Lot

Details

Additional structures: Shed(s)
Parcel number: 01622204500

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Block, Wood Siding
Foundation: Block
Roof: Rubber

Condition

Year built: 1950

Utilities & green energy

Sewer: Septic Tank
Water: Drilled Well

Community & HOA

Location

Region: Paradise

Financial & listing details

Price per square foot: $497/sqft
Tax assessed value: $264,000
Annual tax amount: $3,240
Date on market: 6/8/2026
Listing terms: Cash,Conventional

Estimated market value

$422,400

$401,000 - $444,000

$1,894/mo

Price history

Date	Event	Price
6/8/2026	Listed for sale	$449,900$497/sqft
Source: EUPBR #26-434 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,655	$132,000 +71.2%
2024	--	$77,100 +7.2%
2023	--	$71,900 +8.4%
2022	--	$66,300 -15%
2021	--	$78,000
2020	$2,917 +1.7%	$78,000 +2.4%
2019	$2,868 +9.5%	$76,200 -4.8%
2018	$2,620 +219.2%	$80,000
2017	$821 +0.9%	$80,000 +20.7%
2016	$814	$66,300
2011	$814 -66.5%	$66,300
2010	$2,430	$66,300

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.

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.

Get pre-qualified