36841 River Rd, Chassell, MI, 49916
About This Home
Spectacular Upper Peninsula Farm with River Frontage! This stunning setting is located merely 13 miles +/- from the City of Houghton which is home to Michigan Tech University. The property boasts approximately 49 acres of mostly tillable field with ample frontage on the North Branch of the Otter River! This river provides a great place to relax, fish, or even sometimes take a swim as the occupants have enjoyed for generations! The property has a classic old farm house with 3 bedrooms and 1.5 bathrooms. The base is here to improve upon or occupy while growing into the property. There is also a large detached garage, secondary shop/garage, pole building (30'x78'), and a traditional Finnish sauna! The property has the land/fields ready for hay making, livestock, additional buildings, or simply to enjoy the awesome views! The river is really what sets this property a part from others with great fishing holes and a super attraction for wildlife. The property is located in the Houghton-Portage Township School District and is not far the conveniences of the Houghton/Hancock area. NOTICE: Taxes are subject to change (possibly significant) & property will be reassessed by the municipality after sale is completed. Taxes are not zero. Sellers may have audio/video recording devices present on property and buyers and agents consent to being recorded by entering property. OFFERS: 72 hours response time requested on offers. Seller, at seller's sole discretion, with or without notice, reserves the right to set and/or modify offer submission & response deadlines.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1933
Materials
- Foundation: Basement,Stone
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Farm House
- Property subType: Single Family Residence,Farm
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Range/Oven,Washer,Electric Water Heater
Basement
- Has basement: Yes
- Basement: Full,Stone
Bathroom1
- Features: Linoleum
- Level: First
- Area: 42
Bedroom1
- Features: Carpet
- Level: Second
- Area: 72
Bedroom2
- Features: Carpet
- Level: Second
- Area: 120
Bedroom3
- Features: Carpet
- Level: First
- Area: 143
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Flooring: Hardwood,Linoleum,Carpet,Wood
- Finished area below ground: 0
- Finished area above ground: 1,462
Heating & Cooling
- Heating features: Forced Air,Oil
- Cooling features: None
Interior Area
- Total structure area: 2,458
- Total interior livable area: 1,462 sqft
Kitchen
- Features: Carpet
- Level: First
- Area: 247
Living Room
- Features: Wood
- Level: First
- Area: 209
Property
Details
- Parcel number: 3101013200500
- Zoning: https://www.portagetownship.info/download/13213/zoning-map.pdf
- Zoning description: Agricultural,Residential
- Special condition: Private,Standard
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Deck
- Has view: Yes
- View description: River,Rural View
- Has water view: Yes
- Water view: River
- On waterfront: Yes
- Waterfront features: River Front
- Waterbody name: North Branch Otter River
- Frontage type: Road
- Frontage length: 1617
Lot
- Lot size: 49 Acres
- Features: Farm,Rural
- Lot size dimensions: 1617' x 1320' x 1617' x 1320'
Parking
- Total spaces: 2
- Parking features: Detached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Winter Weather
- Lightning
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Houghton County and Michigan
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,422 | $29,064 |
| Home Insurance * | $209 | $2,508 |
| Property Taxes | $731 | $8,772 |
| Electricity | $188 | $2,259 |
| Total | $3,550 | $42,600 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-29 | Listed for sale | $479,000 |
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