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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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6727 Sherman St , Otter Lake, MI 48464
$1,600,000
Est. Payment: $3,555.56/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 90
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House Description

45.45 Acres of Prime Waterfront Land on Three Lakes! 6727 Sherman Drive, Otter Lake, MIA 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 AvailableWhether 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).

Highlights

Listed by Whitney Williams , 248-388-8102 M & W Realty LLC , 248-318-8250.

Property Type

Vacant Land

Lot/Acreage
45.45

County

Lapeer

Neighborhood

Marathon Twp

School District

Lakeville

Listing ID

20261045479

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Lake,Waterfront
Principal Interest
$3,556
Taxes
$595

Home Price

$1,600,000

Loan Details

30 yrs
%

Down Payment

20%
$320,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,555.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,555.56 $595.25 $0.00 $4,150.80
Yearly $42,666.67 $7,142.96 $0.00 $49,809.63
Total $1,280,000.00 $214,288.80 $0.00 $1,494,288.80

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Otter Lake, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.