5343 Michibay Dr, Manistique, MI, 49854
About This Home
Experience unparalleled luxury and tranquility in this exquisite 5 bed/4.5 bath home, perched upon over 60 acres of pristine land between Manistique Township Park and Dutch Johns Point. Featuring approximately 2,700 ft of private water frontage on Lake Michigan, this property offers an exclusive retreat in a breathtaking natural lakefront setting. This one-of-a-kind home features open concept living spaces with floor-to-ceiling windows flooding the rooms with natural light and offering unrestricted panoramic water views. The chef's kitchen is equipped with high-end appliances, custom cabinetry, and a large island. 4 spacious bedrooms, each with their own en-suite bath, offer comfort and privacy. The Primary suite is a true sanctuary to itself with a spa-like bathroom, walk-in closets, and a private balcony overlooking the water. The main level is also equipped with a home office/den. Additionally, an expansive 4-car garage provides ample space for vehicles, boats, water toys, snowmobiles, RV's, and storage. Also included is a 30x40 heated and insulated pole barn with hook ups for a coach and motorhome, and a sleeping or storage loft on the second floor. Located a short 2-mile drive to local Manistique amenities, dining, wineries, breweries, entertainment, schools, the hospital, and the municipal airport for convenient fly-in options. This stunning home is a rare find, offering a perfect blend of elegance, privacy, comfort, and natural surroundings- the epitome of waterfront living. Enjoy one of the most spectacular waterfront properties in Michigan's beautiful and scenic Upper Peninsula.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2009
Materials
- Roof: Asphalt
- Construction materials: Other,Frame,Stucco/Drivit,Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Refrigerator,Oven/Range,Disposal,Dishwasher,Microwave,Water Softener Owned,Washer,Dryer,Water Filtration System,Exhaust Fan,Instant Hot Water,Humidifier
- Laundry features: Upper Level
Basement
- Has basement: Yes
- Basement: Walk-Out Access,Exterior Entry,Finished Rooms,Egress Windows,Interior Entry
Bedroom2
- Level: Upper
- Area: 228.62
Bedroom3
- Level: Lower
- Area: 199.5
Bedroom4
- Level: Lower
- Area: 160.93
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Dining Room
- Level: Upper
- Area: 308.88
Family Room
- Level: Lower
- Area: 1652.88
Features
- Bookcases,Entrance Foyer,Walk-In Closet(s),Pantry,Other,Kitchen Island,Mud Room,Den/Study,Central Vacuum,Ceiling Fan(s),WiFi
- Window features: Bay Window(s),Blinds
- Flooring: Tile,Wood
- Fireplace features: Other
- Fireplace: Yes
- Finished area below ground: 4,100
- Finished area above ground: 4,100
Heating & Cooling
- Heating features: Hot Water,Floor Furnace,Radiant Floor,Propane,Fireplace(s)
- Cooling features: Central Air
Interior Area
- Total structure area: 8,200
- Total interior livable area: 8,200 sqft
Kitchen
- Level: Upper
- Area: 336.96
Living Room
- Level: Upper
- Area: 1561.48
Master Bathroom
- Features: Private
Master Bedroom
- Level: Upper
- Area: 266.22
Property
Accessibility
- Accessibility features: Accessible Elevator Installed,Other
Details
- Parcel number: 00545002200+
- Zoning description: Residential
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck,Patio,Covered,Porch,Screened
- Exterior features: Sidewalk,Garden
- Has spa: Yes
- Spa features: Bath
- Has view: Yes
- View description: Water
- Water view: Water
- On waterfront: Yes
- Waterfront features: Creek,All Sports,Sandy Bottom,Bluff (greater than 10ft),Vegetation to Water Edge,Great Lake,Lake
- Waterbody name: Lake Michigan
- Frontage type: Waterfront
- Frontage length: 2700
Lot
- Lot size: 61.41 Acres
- Features: Wooded-Hardwoods,Evergreens,Rolling Slope,Bluff,Landscaped,Metes and Bounds
- Lot size dimensions: IRREG
Parking
- Total spaces: 4
- Parking features: Attached,Garage Door Opener,Paved,Heated Garage,Concrete Floors,Asphalt,Circular Driveway,Private
- Has garage: Yes
- Attached garage spaces: 4
- 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
- Lightning
- Cold Wave
- Hail
- Inland Flooding
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Schoolcraft 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 | $12,616 | $151,392 |
| Home Insurance * | $3,062 | $36,744 |
| Property Taxes | $3,360 | $40,320 |
| Electricity | $894 | $10,732 |
| Total | $19,932 | $239,184 |
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 |
|---|---|---|
| 2025-08-07 | Price change | $2,495,000 |
| 2024-07-12 | Listed for sale | $2,600,000 |
| 2021-01-14 | Listing removed | -- |
| 2020-05-26 | Price change | $1,300,000 |
| 2018-04-30 | Price change | $1,650,000 |
| 2016-08-12 | Price change | $1,899,000 |
| 2016-05-07 | Listed for sale | $2,000,000 |
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