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1501 Hackmatack Rd, Cheboygan, MI, 49721

3beds
3baths
3,800sqft
$479,000
$126price/sqft
$3,558/moest. monthly cost
$142,320/yrincome needed

About This Home

Enjoy the beautiful and quiet countryside in this spacious 3 bedroom, 3 full bathroom home. This home is located just a few miles from downtown Cheboygan and less than a mile from 2 Mullett Lake public accesses, one of which includes access to the mouth of the Cheboygan River. This home is situated on 2.5 acres with scenic views of wildlife from any window. The Rails to Trails is located conveniently just a stone’s throw away to the west of this property. Great for hiking, biking, snowshoeing, and snowmobiling. The main floor ‘s primary suite has a large full bath with a custom shower and large vanity, spacious walk-in closet and a deck leading to an outdoor shower. The guest bedroom has a large closet and a full bath adjacent to it. The fully furnished lower-level walkout has 1 bedroom and 1 full bath. The expansive flex area on the lower level provides ample space for numerous ways to accommodate the specific needs of your family. The open floor plan on the main level has a laundry room and sink area leading from the attached garage while the front and back doors open directly to a spacious foyer leading to the kitchen and living space. 16’ tall tongue and groove cathedral ceilings give the main living area and dining area an open and welcoming feeling. The kitchen and foyer feature flooring made from maple hardwood. All rooms have ceiling fans. The spacious 2 car garage also has a storage area above it. The heating system of this residence utilizes natural gas and is complemented by a wood boiler, providing an alternative heating option. You can select your preferred system with a single switch. This is a private sale and all closing will be handled at a local title company.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

7/10
--
Cheboygan Middle SchoolGrades 4-124.1 mi
6/10

Construction

Condition

  • Year built: 1998

Type & Style

  • Home type: SingleFamily

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Interior Area

  • Total interior livable area: 3,800 sqft

Property

Details

  • Parcel number: 10402030000700

Lot

  • Lot size: 2 Acres

Parking

  • Parking features: Garage

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 $2,422$29,064
Home Insurance *$294$3,528
Property Taxes $428$5,136
Electricity $414$4,973
Total$3,558$42,696
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$121,988/yr
40% on housing$106,740/yr
45% on housing$94,880/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

$126This listing

vs Other Active Listings

Avg $/sqft

ZIP 49721$206
Cheboygan County$204

vs Homes Sold Last Month

Median $/sqft

ZIP 49721
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
2026-03-25Listed for sale$485,000
2026-01-14Listing removed--
2025-09-17Listed for sale$485,000

For Sale by Owner

AgentProperty Owner

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