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Middle Is, Alpena, MI, 49707

0beds
0baths
900sqft
$3,699,000
$4,110price/sqft
$21,780/moest. monthly cost
$871,200/yrincome needed

About This Home

Welcome to Middle Island, a once-in-a-lifetime opportunity to own one of the most unique and breathtaking private islands in the Great Lakes. Located just a few miles offshore from Rockport Harbor and north of the charming town of Alpena, this extraordinary 227-acre island is nestled in the crystal-clear waters of Lake Huron, offering over 10,000 feet of pristine waterfront and unmatched panoramic views. Steeped in rich maritime history, Middle Island is home to the historic Middle Island Lighthouse, a majestic 76-foot beacon built in 1905 to guide ships safely through Thunder Bay—a region once infamous for its treacherous waters. The lighthouse, decommissioned in the mid-20th century, remains fully intact and now offers incredible observation vistas that span miles in every direction. The island’s accommodations speak to its legacy. The original 12-room lighthouse keeper’s quarters offers and the adjacent Fog Signal Building, once used to emit warning blasts in heavy fog, has been thoughtfully converted into a welcoming lodge that sleeps ten—a perfect retreat for guests or potential eco-tourism ventures. Outdoor enthusiasts will appreciate the 380’ permanent break wall and dock on the west side of the island, providing secure access by boat and protecting the harbor in all conditions. The island also features a hunting blind, an observation tower, and miles of unspoiled natural terrain—ideal for hiking, wildlife viewing, and exploring the rare solitude that only a private island can offer. Middle Island offers a rare combination of historic significance, rugged natural beauty, and modern-day development potential—perfect as a private retreat, corporate getaway, or legacy investment. With its sweeping shorelines, maritime heritage, and unmatched exclusivity, this Lake Huron gem is truly a world apart.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

6/10
Hinks ElementaryGrades K-55.3 mi
8/10
Alpena High SchoolGrades 8-1211.6 mi
6/10

Construction

Materials

  • Construction materials: Wood Frame/Site Built

Type & Style

  • Home type: SingleFamily

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Interior Area

  • Total interior livable area: 900 sqft

Property

Details

  • Parcel number: 01500400002000

Features

  • On waterfront: Yes
  • Waterfront features: Waterfront

Parking

  • Parking features: No Garage Or Carport

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 FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Lightning
Tsunami

FEMA Declared Disasters in Alpena 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 $18,704$224,448
Home Insurance *$1,883$22,596
Property Taxes $1,005$12,060
Electricity $188$2,259
Total$21,780$261,360
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$746,742/yr
40% on housing$653,400/yr
45% on housing$580,800/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: 6.6%
6.6%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 2.2%
2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$4,110This listing

vs Other Active Listings

Avg $/sqft

ZIP 49707$164
Alpena County$161

vs Homes Sold Last Month

Median $/sqft

ZIP 49707$113
Alpena County$85

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

DateEventPrice
2025-05-19Listed for sale$3,699,000

For Sale by Agent

AgentKen Ames
BrokerageKidd & Leavy Real Estate Co. LLC

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