Ramsey Is, Michigamme, MI, 49861
About This Home
A truly one-of-a-kind private island estate! Situated in the heart of Lake Michigamme, this 9-acre property is an extraordinary opportunity to own your own island; a retreat unlike any other. The centerpiece of the estate is a stunning 4 bedroom, 2 bath log lodge spanning nearly 2,900 square feet. Designed to showcase the island's breathtaking natural beauty, the residence features soaring cathedral ceilings and expansive windows that frame spectacular lake views from every angle. Positioned on the island's western point, the home is perfectly situated to capture unforgettable sunsets over the water. The property includes several thoughtfully placed outbuildings, including a traditional sauna with direct lake access for an authentic waterfront experience. Two separate guest cottages provide additional accommodations and features a separate dock, offering comfort and privacy for family and visitors. Modern conveniences are seamlessly integrated into this secluded setting, with electricity already installed throughout the property. The island's natural harbor provides protected docking, easy access, and a safe haven for boats throughout the season. 4,300-acre Lake Michigamme reaches depths exceeding 70 feet and is renowned for its excellent fishing and abundant recreational opportunities; a premier destination for boating, swimming, and enjoying Michigan's Northwoods. This remarkable estate combines unmatched beauty, character, and tranquility in a setting that is truly irreplaceable.
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Year built: 1992
Materials
- Foundation: Basement
- Construction materials: Log,Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Log Home
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Range/Oven,Refrigerator,Electric Water Heater
Basement
- Has basement: Yes
- Basement: Block,Crawl Space
Bathroom1
- Level: First
- Area: 48
Bathroom2
- Level: First
- Area: 99
Bedroom1
- Level: First
- Area: 676
Bedroom2
- Level: First
- Area: 156
Bedroom3
- Level: Second
- Area: 460
Bedroom4
- Level: Second
- Area: 264
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Family Room
- Level: First
- Area: 660
Features
- High Ceilings,Eat-in Kitchen
- Number of fireplaces: 2
- Fireplace features: Great Room,Living Room,Wood Burning
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 2,872
Heating & Cooling
- Heating features: Forced Air,Propane
- Cooling features: None
Interior Area
- Total structure area: 3,236
- Total interior livable area: 2,872 sqft
Kitchen
- Level: First
- Area: 143
Living Room
- Level: First
- Area: 540
Property
Details
- Parcel number: 520932803300
- Zoning description: Residential
- Special condition: Private,Standard
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Deck
- Exterior features: Sidewalks
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- On waterfront: Yes
- Waterfront features: All Sports Lake,Island,Lake Front,Waterfront,Interior Lake
- Waterbody name: Lake Michigamme
- Frontage length: 704
Lot
- Lot size: 9.03 Acres
- Features: Deep Lot - 150+ Ft.,Rural,Wooded
- Lot size dimensions: 704 x irreg
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
- Inland Flooding
- Lightning
- Strong Wind
- Wildfire
- 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 | $11,624 | $139,488 |
| Home Insurance * | $980 | $11,760 |
| Property Taxes | $1,896 | $22,752 |
| Electricity | $313 | $3,759 |
| Total | $14,813 | $177,756 |
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 |
|---|---|---|
| 2026-06-12 | Listed for sale | $2,299,000 |
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