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Tbd-3 (c-3) Mac Road
Baldwin, MI 49304
$800,000
Conventional
Property
Bedroom
3
Bathroom
2
Property Type
Conventional
Square ft
1716
Property Description
Cabin #3 has 1,148 feet of frontage and 17.95 acres on the Pere Marquette River. An easement to Mac Road, which Lake County plows in winter and maintains year-round, provides access. This cabin is high above the river with dramatic, long river views. Eagles regularly fly by at eye level! Because it was built before the Natural Rivers Act, this cabin is closer to the river than is allowed for new construction under the current 150-foot setback. This grandfathered status allows replacement or expansion by up to 50% without a zoning variance. This is unusual and highly desirable as it allows proximity to the river and views which are not possible with new construction. This is a well-maintained building with vaulted ceiling over the living/dining area. It was built in the 1980s in chalet style. There has been only one owner. This is the first time it has been listed for sale. Electric power is underground. The cabin has a well, septic system, and 1000 gallon propane tank. The main floor has a living/dining room, a kitchen with a built-in dishwasher, two bedrooms, a full bathroom, and a utility room. There is a metal wood stove. The upper floor has a full bedroom, a divided full bathroom, and an open loft area. The total living area is 1,716 square feet. The interior finish combines paneling and drywall with laminate floor coverings. The exterior siding is wood, the roof is metal. Sliding doors lead to expansive deck areas with lovely views of the Pere Marquette River. Currently, it is rented by Unsalted Vacations. They advertise, book rentals, and a crew cleans up afterward. The existing two linen changes are included. See the rental page at wwwunsaltedvacations.com. The Pere Marquette is a National Wild and Scenic River that has been recognized as one of the few trout and salmon fishing rivers of this quality remaining in the nation. It has large populations of resident brown trout and world-class fishing opportunities for steelhead and Chinook salmon.
Property Information
Lot Size
17 acre(s) square ft
Property Type
Residential
Year Built
1980
MLS Number
1920601
Location
Address
TBD-3 (C-3) Mac Road
City
Baldwin
State
MI
Zip Code
49304
County
LAKE
Listing
Provider
Dick Huey Real Estate, original listing
Name
Dick Huey Real Estate
Phone
(800) 733-4839
Office Name
Dick Huey Real Estate
Office Phone
(800) 733-4839
Agent Name
Dick Huey

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.