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31755 E Tourist Rd, Drummond Island, MI, 49726

3beds
2baths
1,500sqft
$495,000
$330price/sqft
$3,301/moest. monthly cost
$132,040/yrincome needed

About This Home

This exceptional Lake Huron waterfront retreat offers 150 feet of pristine shoreline and the authentic Up North charm buyers dream about. Designed for gathering and making memories, the three/four-bedroom, two-bath cottage features warm pine interiors, hardwood floors and a magnificent fireplace handcrafted from locally quarried Drummond Island limestone. Expansive lakeside windows frame peaceful water views, while a waterfront deck, screened gazebo, private dock, and inviting fire pit create the perfect setting for entertaining or simply soaking in the beauty of the surrounding landscape. Tucked beneath a canopy of mature cedar and hardwood trees, this spacious yet cozy, rustic yet comfortable, one-of-a-kind property captures the essence of Northern Michigan living. Currently a successful vacation rental, this turn key offering is ready to enjoy from day one or continue as an established income producing investment, presenting a rare opportunity to own a private waterfront escape on sought after Tourist Road.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

3/10
3/10
DeTour High SchoolGrades 7-1210.2 mi

Construction

Condition

  • Year built: 1974

Type & Style

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

Interior

Basement

  • Basement: No

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Heating & Cooling

  • Heating features: Other
  • Cooling features: None

Interior Area

  • Total structure area: 1,500
  • Total interior livable area: 1,500 sqft

Property

Details

  • Parcel number: 00666503100

Features

  • On waterfront: Yes
  • Waterfront features: Waterfront
  • Frontage type: Waterfront

Parking

  • Parking features: Other

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 WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Winter Weather
Tsunami

FEMA Declared Disasters in Chippewa 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 $2,502$30,024
Home Insurance *$149$1,788
Property Taxes $462$5,544
Electricity $188$2,259
Total$3,301$39,612
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$113,177/yr
40% on housing$99,030/yr
45% on housing$88,026/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: 13.8%
13.8%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.3%
0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$330This listing

vs Other Active Listings

Avg $/sqft

ZIP 49726$204
Chippewa County$170

vs Homes Sold Last Month

Median $/sqft

ZIP 49726$196
Chippewa County$119

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

DateEventPrice
2026-07-29Price change$495,000
2026-07-16Listed for sale$550,000
2012-04-03Sold$235,000
2006-02-08Sold$300,000

For Sale by Agent

AgentKara Cloudman DePaul
BrokerageDrummond Island Realty

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