For Sale
1588 McRae Drive, Cheboygan, MI 49721
$569,000
MLS # 201840525
4 beds2 baths
1 / 52
Listing Description
Enjoy stunning views of the Black and Cheboygan Rivers at their junction on th Inland Waterway! This waterfront property offers 154' of Black River frontage and is located in a subdivision that remained high and dry during recent flooding. Boat to Pier 33 or Hack-Ma-Tack Inn for dining, or cruise just minutes to Mullett Lake for exceptional boating and fishing. The charming cottage-style home was extensively remodeled between 2013-2018 and features wood flooring with in-floor radiant heat on the main level. A new roof, costing approx. $30,000 installed in November 2025 adds peace of mind. The spacious lot provides plenty of room for a garage or pole barn to store boats and toys. Just a few miles from town for convenient shopping and amenities!, Age: 31+ Years Approx
Source: SparkMLS
About this home
Located in Cheboygan, this property offers 4-bedroom, 2-bath.
Listed at $569,000.
Electric service is provided by Presque Isle Electric & Gas Cooperative; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms2
Location
CityCheboygan
MunicipalityBenton Twp
Zip Code49721
CountyCheboygan
Sale & Financing
Listed6/2/2026
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Randy K Ernst
Berkshire Hathaway HomeServices-Cheboygan
Frequently Asked Questions about 1588 McRae Drive, Cheboygan, MI 49721
Is 1588 McRae Drive, Cheboygan, MI 49721 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 1588 McRae Drive, Cheboygan, MI 49721 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Presque Isle Electric & Gas Cooperative. Gas: DTE Gas Company. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Benton Twp police department or the Cheboygan County sheriff's office.
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Monthly payment$3,691
Principal & interest$3,691
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Presque Isle Electric & Gas Cooperative
Co-op
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1588 McRae Drive, Cheboygan, MI 49721
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