Price Reduction - Waterfront - Golf Course - Primary on Main
Address
5118 N Raymond Road, Luther, MI
Price
$ 899,000
Property Attributes
  • MLS#26043788
  • TypeSingle Family
  • Listing Status Active
  • CountyLAKE
  • CityLuther
  • AreaEllsworth Twp
  • NeighborhoodEllsworth Twp
  • Zip49656
  • StyleLog Home
  • Year Built1979
  • Taxes$ 7256
  • Price$ 899,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1573
  • Lot Size34.49 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

Opportunities like this are nearly impossible to recreate. Set on 34.49 incredibly diverse acres with approximately 2,634 feet of private frontage along the Pine River, this extraordinary Northern Michigan property brings together extensive waterfront, remarkable natural beauty, privacy, and improvements in a setting that truly has to be experienced in person. At the heart of the property stands a custom-built Boyne Falls Virginian Model log home, constructed by Boyne Falls Custom Home Builders on a poured concrete foundation. The 3-bedroom, 2-bath home offers the unmistakable warmth and character of a true Northern Michigan retreat, featuring vaulted ceilings, a wood-burning fireplace, main-level primary bedroom, full basement, and beautiful views of the surrounding woods. Electric service to the cabin is underground, helping preserve the uninterrupted natural character of the setting. The land itself may be the property's greatest feature. The Pine River winds along more than half a mile of the property, joined by three separate creeks that meander through the acreage and feed into the river, along with several natural springs emerging from the hillsides and flowing toward the river below. Rolling hills, ravines, wetlands, river bottom, towering mature timber, and stretches of forest that feel untouched by time create an incredible diversity of terrain, wildlife habitat, and scenery. The owners have spent years thoughtfully caring for the property, doing nearly everything possible to make it accessible and enjoyable without taking away what makes it wild. The woods, waterways, trails, open areas, and improvements have been carefully maintained to complement the landscape rather than overpower it. The result is a property that feels remarkably natural while showing the level of care and stewardship that has gone into it. For the outdoorsman, the recreational opportunities are exceptional. The Pine River is recognized for trout fishing and is a favorite Northern Michigan river for canoeing and kayaking, putting fishing and paddling opportunities literally outside your door. The acreage itself provides tremendous opportunities for hunting, hiking, wildlife watching, exploring the creeks and springs, or simply disappearing into your own private piece of Northern Michigan. Beyond the property, the Luther area places you within reach of state forest lands, ORV and snowmobile trail systems, additional paddling and fishing access, and Caberfae Peaks Ski & Golf Resort, creating four-season recreation well beyond the boundaries of your own acreage. Additional improvements include a powered detached two-stall garage with an extra-deep concrete pad and a 38' x 32' pole barn offering approximately 1,216 square feet of additional space. Whether envisioned as a private Northern Michigan estate, premier hunting and fishing retreat, family compound, or simply a place to preserve and enjoy for generations, properties offering this combination of acreage, extensive river frontage, flowing creeks, natural springs, mature forest, infrastructure, and privacy are exceedingly rare. 34.49 acres. 2,634 feet of Pine River frontage. Three winding creeks. Natural hillside springs. A custom Boyne Falls log home. This is more than a property—it's a true generational opportunity to own your own slice of Northern Michigan heaven.

Price History
8/19/2026 Listed $949,000
9/14/2026 6$899,000

General Features

Sewer Septic Tank
Heating Forced Air,Wood
Utilities Electricity Available
Possession Negotiable
Roof Composition
Appliances Dryer,Microwave,Range,Refrigerator,Washer
Garage Spaces 2.0
Architectural Style Log Home
Construction Materials Log
Year Built 1979
Stories Count 2
Township Ellsworth Twp
Property Subtype Single Family Residence
Tax Year 2024
Ownership Private Owned
Waterfront Features River,Stream/Creek
County Lake
New Construction No
Property Type Residential
Attached Garage No
Garage Y/N Yes
Other Structures Second Garage
Total Rooms 10
Full Baths 2
Status Active
City Luther
Body of Water Pine River
High School District Pine River
Zoning Description Res.
Lot Size Units Acres
Lot Size Square Feet 1502384.0
Carport Y/N No
Listing Terms Cash,FHA,VA Loan,Conventional
Land Lease Y/N No
Tax Annual Amount 7256.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Rent Control Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/wmlar/26043788
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 83224
MobileHomeRemainsYN No
Legal Description PT S 1/2 SW 1/4 BEG 1306' N & 691' E OF SW SEC COR TH E 492',S 331',S 11 DEG W 448',S 71 DEG W 148' N 27 DEG W 52',N 65 DEG W 299',N 30 DEG E 284',N 15 DEG W 440' TO POB SEC 1 T19N R11W 8.56 A M/L
Senior Community None

Interior Features

Interior Amenities Ceiling Fan(s),Eat-in Kitchen
Basement Full
Flooring Vinyl,Wood
Total Fireplaces 1
Fireplace Features Living Room,Wood Burning
Heating Y/N Yes
Window Features Garden Window
Fireplace Y/N Yes
Laundry Features Electric Dryer Hookup,Laundry Chute,Laundry Room,Main Level,Sink,Washer Hookup
Total Bedrooms 3
Below Grade Finished Area 0.0
Main Level Bedrooms 1
Total Baths 2

Exterior Features

Exterior Amenities Other
Parking Features Garage Door Opener,Detached
Lot Features Recreational,Wooded,Wetland Area,Rolling Hills,Ravine
Water Source Well
Lot Size Area 34.49
Spa No
Building Area Total 1573.0
Lot Dimensions Irregular
Lot Size Acres 34.49
Road Surface Type Paved
Waterfront Y/N Yes
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
Private Frontage True
View True

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 49656

Price
AVG $390K
$900K
Taxes
AVG $3,194
$7,256
Year Built
AVG 1973
1979
Visits
AVG 73
7
Data Provided by Inside Real Estate®

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