1 Superior Way Street Ontonagon, MI $ 3,600,000
1 Superior Way Street
$ 3,600,000
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1 Superior Way Street

Ontonagon, MI, 49953
$ 3,600,000
Baths0.0

Monthly Estimate*

$ 23,927

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Studio

Lots and Land for sale in Ontonagon, MI

for $3,600,000. The lot size is 72.

THE FIRST TIME ON THE REAL ESTATE MARKET - “THE LOST BOWL” – a 3,800 foot stretch of stunning sugar sand beach nestled along the shore of Lake Superior, on a 72+/- Acre Parcel - is being offered for sale. One of the best properties on the Great Lakes! It is located in the Village and township of Ontonagon along with the county of Ontonagon, which is located on the south shore of Lake Superior, in the western part of the Upper Peninsula of Michigan. - Ontonagon (pronounced ON-t?-NAH-g?n) is named after the Ontonagon River. There are three popular thoughts as to how this name was derived. One, an early 1672 French Jesuit map identified the river with the name Nantounagon – derived from an Ojibwe language word noojitoon ziibi, meaning “hunting river”. Another theory claims is was named by the native Chippewa after the bowl-like shape of the mouth of the Ontonagon River where it drains in Lake Superior, in their time already a transportation center for early voyagers, missionaries, and explorers. A more delightful legend about the name was told in 1836 to missionary Reverend Frederick Baraga(who journeyed along Lake Superior for 35 years). An Ontonagon settler of Chippewa descent shared that it meant “the place of the bowl”. When a child, his mother told him that many years past, a young girl dropped her wooded bowl in the river and it floated away. She ran along the bank crying “On-tonagon, on-tonagon!”. Which meant “I have lost my bowl!”. - This area has years of history. Copper prospectors arrived in the late seventeenth century. Copper mining started here in 1845 with a "boom" period until 1870. Silver was mined in the period from 1873 to 1876. Lumbering (for pine, then hardwood and hemlock) played an important part in the economic development of the area from 1880 to 1900. Today, the County has become known for tourism-related business development. - A Video of this Property is Available at https://youtu.be/kN0gzUTetrI ... Continued In Addendum

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Lots and Land Active

Price

$ 3,600,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 21,438

Style

Vacant Land

Lot Size

72

Town/City

Ontonagon

County/Region

Ontonagon

MLS | Web ID

50119454

Features
General
Zoning Industrial Industrial
Water None
Status Active Active
Style Vacant Land
County Ontonagon
Class VACANT LAND
Type Vacant Land
Percent Ownership LLC
Municipality Ontonagon
Subdivision MI
Utilities Electricity Available Sewer Available
Area Ontonagon (66015)
Primary City Ontonagon
Directions From the Marquette Intersection of West Washington and Lincoln Avenue head west on West Washington Street to Highway US-41. Continue on US-41 70 miles to M-38 West/Michigan Avenue in Baraga. Take a le
City Ontonagon
School District Ontonagon Area Schools
Street Name Superior Way
Financial Terms Cash Conventional
Legal Description ON-25 2/0 GL-8A SEC 25 T52N R40W GOVT LOT 8 EXC BEG AT PT 782.77 FT W & 991.83 FT N OF SE COR OF SD GOVT LOT 8 S 42 DEG W 100 FT N 47 DEG W 120 FT TO SHORE OF LAKE SUPERIOR NE'LY ALG SHORE LN 100 FT
DOM 291
Postal Code 49953
Price Per Sq Ft Total 50000
Coming Soon THE FIRST TIME ON THE REAL ESTATE MARKET - “THE LOST BOWL” – a 3 800 foot stretch of stunning sugar sand beach nestled along the shore of Lake Superior
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Exterior
Frontage 3800
Body of Water Lake Superior
Lot Size Area 72
Lot Dimensions 3800 x Irregular Parcel
Lot Description Splits Available Cleared Adjoins State/Fed Land City Limits Partially Wooded
Fuel on Site Electric
Water Features Lake Frontage Water View Waterfront All Sports Lake Beach Front Great Lake
Roads Gravel Year Round Gated Black Top
Waterfront Y/N Yes
Frontage Type Water
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* Excluded Features
List By
TIM KEOHANE

Listing Agent

Great Lakes & Land Of Marquette, Inc.

Broker

timandlinda@greatlakesandland.com

Email

Affordability Calculator

$25,713
Per Month
93%
7%
0%
Monthly Principal & Interest
$23,927
Monthly Property Taxes
$1,787
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3702809 Elementary School
3702808 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/21/2023$3,600,000 Listed Price

Map


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1 Superior Way Street, Ontonagon, MI, 49953 is a Lots and Land for sale at $3,600,000 with a lot size of 72. 1 Superior Way Street is a studio with 0.0 baths. The property's zip code is 49953 which is in Ontonagon, MI