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3063 Red Pine Point Dr, Indian River, MI, 49749

10beds
13baths
18,384sqft
$8,300,000
$451price/sqft
$55,755/moest. monthly cost
$2,230,200/yrincome needed

About This Home

As soon as the gate opens, the quarter-mile driveway leads you into a place so enchanted, some don't even believe it. Tucked within 14.1 private wooded acres and surrounded by 1,500+ feet of direct Mullett Lake frontage, Red Pine Point stands among Northern Michigan's most remarkable lakefront estates. The Victorian-inspired main residence offers 15,970 sq. ft. of living space and over 18,000 total finished sq. ft., including in-law and caretaker quarters, multiple garages, and a lakeside gazebo. Built with exceptional craftsmanship, the home showcases hand-carved millwork, rare Bird's-eye maple paneling, coffered ceilings, marble fireplaces, and tin-inlaid accents. The 1,400-sq.-ft. great room centers on a marble fireplace flanked by hand-carved Caryatids with panoramic lake views. A chef's-grade kitchen offers commercial appliances, dual islands, walk-in pantry, and custom cabinetry adjoining both formal and casual dining areas. Highlights include a Bavarian reading and billiards room, media room, and wet bar with marble counters and nostalgic ice-cream parlour. The home provides 10 bedrooms and 13 baths, including a primary suite with private veranda, office, and spa-style bath. Structural features include radiant in-floor heat, heated driveway and walkways, attached four-car garage, and auxiliary garages. Outdoor amenities feature stone terraces with balustrades, 131-ft veranda, 75-ft covered lakeside porch, multiple firepits, manicured walking paths, and a lakeside gazebo with full bath, sitting area, spiral loft, and outdoor hearth. The property also includes a private boat launch, motorized boat lift, and lakeside dock. Located along Michigan's Inland Waterway with boat access to Lake Huron and Mackinac Island, and minutes from Indian River, Topinabee, and Cheboygan, Red Pine Point offers exclusive craftsmanship, privacy, and accessibility.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
17
BikeSomewhat Bikeable

Schools

3/10
6/10
Inland Lakes High SchoolGrades 6-126.4 mi

Construction

Condition

  • Year built: 1990

Materials

  • Foundation: Basement,Crawl

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Water Heater,Water Softener,Washer,Wall Oven,Trash Compactor,Range/Oven,Refrigerator,Microwave,Disposal,Freezer,Dryer,Dishwasher,Cooktop
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 13
  • Full bathrooms: 10
  • 1/2 bathrooms: 3

Features

  • Ceiling Fan(s),Wired for Sound,Sauna,Vaulted Ceiling(s),Walk-In Closet(s),Wet Bar,Split Bdrm Flr Plan
  • Door features: Doorwall
  • Window features: Egress Windows,Drapes
  • Flooring: Hardwood,Tile
  • Finished area above ground: 15,970

Heating

  • Heating features: Forced Air,Hot Water,Natural Gas,Radiant Floor

Interior Area

  • Total structure area: 18,384
  • Total interior livable area: 18,384 sqft

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: Part of 13002840000601
  • Other equipment: Automatic Generator,Intercom

Features

  • Stories: 2
  • Patio & porch: Deck,Patio/Porch
  • Exterior features: Dock,Garden,Sprinkler System
  • Has spa: Yes
  • Spa features: Bath
  • Fencing: Fenced
  • On waterfront: Yes
  • Waterfront features: Lake
  • Waterbody name: Mullett Lake

Lot

  • Lot size: 14.10 Acres
  • Features: Landscaped,Natural
  • Lot size dimensions: 14.1 ac

Parking

  • Parking features: Driveway,Garage Door Opener
  • Has garage: Yes
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Lightning
Tsunami

FEMA Declared Disasters in Cheboygan County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $41,969$503,628
Home Insurance *$5,764$69,168
Property Taxes $6,017$72,204
Electricity $2,005$24,062
Total$55,755$669,060
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,911,600/yr
40% on housing$1,672,650/yr
45% on housing$1,486,800/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$451This listing

vs Other Active Listings

Avg $/sqft

ZIP 49749$261
Cheboygan County$196

vs Homes Sold Last Month

Median $/sqft

ZIP 49749
Cheboygan County$131

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-04Price change$8,300,000
2025-11-05Listed for sale$8,999,000
2022-01-01Listing removed--
2021-05-25Listed for sale$5,950,000
2019-04-11Listing removed$5,500,000
2018-07-01Listed for sale$5,500,000

For Sale by Agent

AgentKari Couture
BrokerageCentury 21 Curran & Oberski

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