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1461 Riverview Ln, Indian River, MI, 49749

4beds
2baths
1,186sqft
$375,000
$316price/sqft
$2,615/moest. monthly cost
$104,600/yrincome needed

About This Home

Lake life! Fully furnished 4-bedroom, 2-bath home situated on the Pigeon River with 101' private frontage and dock plus one deeded private slip on 148x20' common area. This sunlit home offers open floor plan designed for comfort and entertaining and seamless flow to a spacious deck overlooking the bay. If you're relaxing or hosting guests, the setting delivers peaceful waterfront views and easy indoor-outdoor living. Enjoy this rare opportunity to float right under the bridge and out into Mullett Lake. Kayaking around the bay is effortless. A short distance to Indian River and conveniently close to Exit 310, making travel simple! Previously used as a successful VRBO rental for the past three years, offers both lifestyle appeal and income potential.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

3/10
6/10
Inland Lakes High SchoolGrades 6-124.3 mi

Construction

Materials

  • Foundation: Crawl

Type & Style

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

Interior

Appliances

  • Appliances included: Water Heater,Washer,Range/Oven,Refrigerator,Dryer
  • Laundry features: Main Level

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Vaulted Ceiling(s)
  • Window features: Curtain Rods
  • Finished area above ground: 1,186

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total structure area: 1,186
  • Total interior livable area: 1,186 sqft

Property

Details

  • Parcel number: 17100910003901

Features

  • Stories: 1
  • Patio & porch: Deck,Patio/Porch
  • Exterior features: Dock
  • On waterfront: Yes
  • Waterfront features: Inland Waterway
  • Waterbody name: Pigeon River

Lot

  • Lot size: 0.39 Acres
  • Lot size dimensions: 101.88 x 175 x 101.16 x 162

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
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Hail
Lightning
Strong Wind
Winter Weather
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 $1,896$22,752
Home Insurance *$260$3,120
Property Taxes $271$3,252
Electricity $188$2,259
Total$2,615$31,380
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$89,657/yr
40% on housing$78,450/yr
45% on housing$69,733/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

$316This listing

vs Other Active Listings

Avg $/sqft

ZIP 49749$300
Cheboygan County$202

vs Homes Sold Last Month

Median $/sqft

ZIP 49749
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)

Price History

DateEventPrice
2026-04-17Listed for sale$375,000
2021-07-23Sold$164,000
2021-04-28Price change$164,900
2021-04-02Listed for sale$179,000
2021-01-09Listing removed--
2019-07-26Listed for sale$127,500

For Sale by Agent

AgentMI Integrity Team Scott Green Melissa Brazier
BrokerageCOLDWELL BANKER SCHMIDT INDIAN RIVER

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