Tbd Dam Rd, Big Bay, MI, 49808
About This Home
Escape to the shores of Lake Independence with this unique waterfront property featuring a rustic cabin and endless potential. Whether you're looking for a peaceful seasonal retreat, a future building site, or a base camp for enjoying the outdoors, this property offers beautiful lake views, direct access to recreation, and the tranquility of Big Bay living. Spend your days fishing, boating, kayaking, or simply relaxing by the water while enjoying all that Michigan's Upper Peninsula has to offer. A rare opportunity to own a slice of waterfront paradise.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2015
Materials
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: None,Electric Water Heater
Basement
- Basement: None,Crawl Space
Bathroom1
- Level: First
Bedroom1
- Level: Main
- Area: 104
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Family Room
- Level: Main
- Area: 312
Features
- None
- Finished area below ground: 0
- Finished area above ground: 560
Heating & Cooling
- Heating features: Space Heater,Propane
- Cooling features: None
Interior Area
- Total structure area: 560
- Total interior livable area: 560 sqft
Property
Details
- Parcel number: 521116303100
- Special condition: Private,Standard
Features
- Levels: One
- Stories: 1
- Exterior features: None
- On waterfront: Yes
- Waterfront features: Beach Front,Lake Front,Waterfront
- Waterbody name: Lake Independence
- Frontage length: 330
Lot
- Lot size: 1.30 Acres
- Lot size dimensions: 330 x 331 x 330 M/L
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
- Hail
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Marquette 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 | $2,270 | $27,240 |
| Home Insurance * | $310 | $3,720 |
| Property Taxes | $370 | $4,440 |
| Electricity | $188 | $2,259 |
| Total | $3,138 | $37,656 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-29 | Price change | $449,000 |
| 2026-06-24 | Listed for sale | $499,000 |
| 2013-12-31 | Listing removed | $209,000 |
| 2013-11-15 | Listed for sale | $209,000 |
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