15,341 Results

Land for Sale in Michigan

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Michigan Land for Sale - Water-Rich Properties Across Two Peninsulas

Michigan offers exceptional diversity in its rural land market, spanning two distinct peninsulas with dramatically different landscapes and property characteristics. The Great Lakes State encompasses remarkable geographical variety across its 96,716 square miles, including dense northern forests, productive agricultural regions, rolling hill country, and the longest freshwater coastline of any political subdivision in the world. This geographic diversity creates distinctive real estate markets—from the wild, remote tracts of the Upper Peninsula to the more developed agricultural and recreational properties of the Lower Peninsula. Michigan's abundance of water resources, with over 64,980 inland lakes and ponds alongside the Great Lakes shorelines, creates unparalleled opportunities for waterfront ownership at price points often more affordable than coastal states.

Michigan rural properties serve numerous purposes, from productive agricultural operations to recreational retreats, timber investments, and waterfront residences. The state's agricultural heritage remains strong, particularly in the southern and western portions of the Lower Peninsula, where farms produce everything from row crops to dairy products, fruit, and wine grapes. Michigan ranks second only to California in agricultural diversity, creating unique specialty farming opportunities. For outdoor enthusiasts, the state offers exceptional hunting land for deer, bear, and small game, while waterfront properties along the state's numerous lakes and streams provide outstanding four-season recreational opportunities. Land.com's marketplace connects buyers with properties throughout Michigan's diverse regions, from the Wisconsin border to the Ohio state line. Begin your search today and save your preferences to receive updates when new properties matching your criteria become available.

FAQ

How do property taxes work for rural land in Michigan?

Michigan property taxes are based on 50% of the property's true cash value. Rural properties may qualify for significant tax reductions through the Qualified Agricultural Property Exemption or the Qualified Forest Property program if they meet specific agricultural or forestry management requirements, potentially saving 18 mills on property taxes.

What are the key differences between Upper and Lower Peninsula properties?

Upper Peninsula properties typically offer more acreage at lower prices, greater privacy, and abundant wildlife but have shorter growing seasons and often limited access to services. Lower Peninsula properties generally provide better access to amenities, longer growing seasons, and more agricultural potential but at higher per-acre costs and with less seclusion.

What should I know about waterfront property rights in Michigan?

Michigan waterfront property owners generally have riparian rights, including the right to access the water, build a dock (subject to permits), and use the water for swimming and boating. Public lakes grant these rights to the water's edge, while privately owned lakes may include ownership to the center. Water rights and access should be thoroughly verified before purchasing.

Land Market Insights and Pricing in Michigan

On average, land listings in Michigan have a lot size of 52 acres and are priced around $678,593. The median price per acre in Michigan is $12,909.
Market Trends
Properties for Sale
19,904
Total Acreage for Sale
176,039 ac
Median Lot Size
22.5 ac
Median List Price
$379,900
Median Price Per Acre
$12,909 / ac
Median Days on Market
142 days
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