Waterfront
Address
Ramsey Island, Michigamme, MI
Price
$ 1,899,900
Property Attributes
  • MLS#50211247
  • TypeSingle Family
  • Listing Status Active
  • CountyMARQUETTE
  • CityMichigamme
  • AreaMichigamme Twp
  • Zip49861
  • StyleLog Home
  • Year Built1992
  • Taxes$ 12508
  • Price$ 1,899,900
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2872
  • Lot Size9.03 Acres
Data Source:
MiRealSource (MIRS)
Property Description

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.

Price History
6/12/2026 Listed $2,299,000
8/20/2026 18$1,899,900

General Features

Heating Forced Air
Kitchen Level First
Cooling None
Possession At Close
Fireplaces Grt Rm Fireplace,LivRoom Fireplace,Wood Burning
Water Private Well
Appliances Dishwasher,Microwave,Range/Oven,Refrigerator
Status Active
Full Baths 2
Bathrooms 2
Year Built 1992
Subdivision N/A
Water Heater Electric
Style Log Home
County Marquette
Class RESIDENTIAL
Type Single Family
Ownership Private
New Construction Y/N No
Associated Document Count 7
Status Active
Zoning Residential
Subdivision MI
Sale/Rent For Sale
Utilities Electricity Connected
Manufactured Y/N No
ROOMS Breezeway,Entry,Family Room,First Floor Bedroom,Living Room,First Flr Full Bathroom,Eat-In Kitchen
Structure Style 1 1/2 Story
Subj to Short Sale Apprvl No
Home Warranty Y/N No
Area Michigamme Twp (52018)
Primary City MICHIGAMME
Virtual Tour https://drive.google.com/file/d/1Tx_pfk5OfbC2NBJPTN30kPs9km1fBYsm/view
Directions Ramsey Island is located on the western area of the lake. West portion of the island.
City Michigamme
School District Republic Michigamme Schools
VIEW Lake View
Lease Y/N No
Originating MLS Upper Peninsula Assoc of Realtor
Source MLS MI Real Source
Financial Terms Cash,Conventional
Legal Description Sec 28 T48N R30W 1.47 A Gov't Lot 12,and Sec 33 T48N R30W Gov't Lot 10
Branded Virtual Tour https://drive.google.com/file/d/15uWcPqNe4t_wVU8PkSZDTpPSVUN1nc53/view
DOM 97
Postal Code 49861
Price Per Sq Ft Total AG 661.53
Internet Remarks Listing Agent: STEPHEN REMONDINI Broker: STEPHENS REAL ESTATE-IRON RIVER: A truly one-of-a-kind private island estate! Situated in the heart of Lake Michigamme
Public Remarks A truly one-of-a-kind private island estate! Situated in the heart of Lake Michigamme

Interior Features

Interior Amenities 9 ft + Ceilings
Family Room Level First
Living Room Level First
Basement Block
Bedroom 3 Level Second
Bedroom 1 Level First
Bedroom 2 Level First
Kitchen Length 11
Family Room Length 30
Family Room Width 22
Living Room Length 27
Bedroom 4 Width 22
Bedroom 2 Width 13
Bedroom 3 Width 20
Bedroom 4 Length 12
Bedroom 2 Length 12
Living Room Width 20
Bedroom 3 Length 23
Kitchen Width 13
Beds 4
Fireplace? Yes
Bedroom 1 Length 26
Bedroom 1 Width 26
Below Grade SqFt 364
Above Grade SqFt 2872
Basement Y/N Yes
Breakfast Nook Length 30
Breakfast Nook Level First
Breakfast Nook Width 22
Fireplaces Total 2
Total SqFt Finished 2872
Bathroom 1 Length 6
Bathroom 1 Width 8
Bathroom 2 Length 9
Bathroom 2 Width 11

Exterior Features

Exterior Log,Wood
Exterior Amenities Deck,Sidewalks
Frontage 704
Body of Water Lake Michigamme
Lot Size Area 9.03
Pool (Y/N) No
Lot Dimensions 704xirreg
OUT BUILDINGS Shed,Guest House,Workshop,Outhouse
Water Features All Sports Lake,Island,Lake Frontage,Waterfront,Interior Lake
Roads None
FOUNDATION TYPE Basement,Crawl
SEWER/SEPTIC Septic
Waterfront Y/N Yes
Garage Y/N No
Frontage Type Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 49861

Price
AVG $660K
$1.9M
Taxes
AVG $3,763
$12,508
Year Built
AVG 1980
1992
Visits
AVG 153
62
Data Provided by Inside Real Estate®