A truly one-of-a-kind private island estate! Situated in the heart of Lake Michigamme, this 9-acre property is an extraordinary opportunity to own your own island; a retreat unlike any other. The centerpiece of the estate is a stunning 4 bedroom, 2 bath log lodge spanning nearly 2,900 square feet. Designed to showcase the island's breathtaking natural beauty, the residence features soaring cathedral ceilings and expansive windows that frame spectacular lake views from every angle. Positioned on the island's western point, the home is perfectly situated to capture unforgettable sunsets over the water. The property includes several thoughtfully placed outbuildings, including a traditional sauna with direct lake access for an authentic waterfront experience. Two separate guest cottages provide additional accommodations and features a separate dock, offering comfort and privacy for family and visitors. Modern conveniences are seamlessly integrated into this secluded setting, with electricity already installed throughout the property. The island's natural harbor provides protected docking, easy access, and a safe haven for boats throughout the season. 4,300-acre Lake Michigamme reaches depths exceeding 70 feet and is renowned for its excellent fishing and abundant recreational opportunities; a premier destination for boating, swimming, and enjoying Michigan's Northwoods. This remarkable estate combines unmatched beauty, character, and tranquility in a setting that is truly irreplaceable.
For sale
Price cut: $399.1K (8/20)
$1,899,900
Ramsey Is, Michigamme, MI 49861
4beds
2,872sqft
Single Family Residence
Built in 1992
9.03 Acres Lot
$-- Zestimate®
$662/sqft
$-- HOA
What's special
Separate dockTwo separate guest cottagesSoaring cathedral ceilings
- 99 days
- 748
- 27
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
STEPHEN REMONDINI 906-284-0341,
STEPHENS REAL ESTATE-IRON RIVER 906-265-7325
Source: MiRealSource,MLS#: 50211247
Originating MLS: Upper Peninsula Assoc of Realtors
Originating MLS: Upper Peninsula Assoc of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Breezeway, Entry, Family Room, Bedroom, Living Room, Bathroom
Bedroom 1
- Level: First
- Area: 676
- Dimensions: 26 x 26
Bedroom 2
- Level: First
- Area: 156
- Dimensions: 12 x 13
Bedroom 3
- Level: Second
- Area: 460
- Dimensions: 23 x 20
Bedroom 4
- Level: Second
- Area: 264
- Dimensions: 12 x 22
Bathroom 1
- Level: First
- Area: 48
- Dimensions: 6 x 8
Bathroom 2
- Level: First
- Area: 99
- Dimensions: 9 x 11
Family room
- Level: First
- Area: 660
- Dimensions: 30 x 22
Kitchen
- Level: First
- Area: 143
- Dimensions: 11 x 13
Living room
- Level: First
- Area: 540
- Dimensions: 27 x 20
Heating
- Forced Air, Propane
Cooling
- None
Appliances
- Included: Dishwasher, Microwave, Range/Oven, Refrigerator, Electric Water Heater
Features
- High Ceilings, Eat-in Kitchen
- Basement: Block,Crawl Space
- Number of fireplaces: 2
- Fireplace features: Great Room, Living Room, Wood Burning
Interior area
- Total structure area: 3,236
- Total interior livable area: 2,872 sqft
- Finished area above ground: 2,872
- Finished area below ground: 0
Video & virtual tour
Property
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Deck
- Exterior features: Sidewalks
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: All Sports Lake, Island, Lake Front, Waterfront, Interior Lake
- Body of water: Lake Michigamme
- Frontage length: 704
Lot
- Size: 9.03 Acres
- Dimensions: 704 x irreg
- Features: Deep Lot - 150+ Ft., Rural, Wooded
Details
- Additional structures: Shed(s), Guest House, Workshop, Outhouse
- Additional parcels included: 52-09-333-004-00
- Parcel number: 520932803300
- Zoning description: Residential
- Special conditions: Private,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Log Home
- Property subtype: Single Family Residence
Materials
- Log, Wood Siding
- Foundation: Basement
Condition
- New construction: No
- Year built: 1992
Utilities & green energy
- Sewer: Septic Tank
- Water: Private Well
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: N/A
HOA
- Has HOA: No
Location
- Region: Michigamme
Financial & listing details
- Price per square foot: $662/sqft
- Annual tax amount: $12,508
- Date on market: 6/12/2026
- Cumulative days on market: 100 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Price change | $1,899,900-17.4%$662/sqft |
Source:  MiRealSource #50211247 Report a problem | ||
| 6/12/2026 | Listed for sale | $2,299,000$800/sqft |
Source: MiRealSource #50211247 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 49861
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