For Sale
507 River Street, Luther, MI 49656
$149,900
MLS # 1946153 (Northern Great Lakes REALTORS® MLS)
1 bed1 bathBuilt 19000.4 acres
1 / 50
Listing Description
Looking for an affordable Up North getaway, year-round home, or investment property with extra living space? This beautifully maintained and recently updated 1-bedroom, 1-bath home in the Village of Luther offers far more than meets the eye! The main home features 784 square feet of comfortable living space, highlighted by a cozy fireplace, numerous recent updates, and a whole-house backup generator for added peace of mind. But the real bonus is the detached garage with a newly finished 270-square-foot living area complete with its own full bathroom. This versatile space is perfect as a guest suite, mother-in-law suite, teenager retreat, home office, hobby room, or potential second bedroom—adding incredible flexibility and value rarely found in this price range. Situated on a spacious corner lot, you'll enjoy plenty of room for outdoor activities while being just minutes from some of Northern Michigan's best recreation. Luther is known for its proximity to thousands of acres of state land, ORV and snowmobile trails, rivers, lakes, camping, hunting, fishing, hiking, and outdoor adventure. The area is a popular destination for outdoor enthusiasts seeking year-round recreation and a true Pure Michigan lifestyle. Luther is also surrounded by scenic forests, trail systems, and easy access to the renowned Pine River corridor. Whether you're searching for a starter home, vacation retreat, hunting base camp, or property with separate guest quarters, this unique opportunity checks all the boxes. Don't miss your chance to own this versatile Northern Michigan gem!
Source: SparkMLS
About this home
1-bedroom, 1-bath home in Luther Village in Luther built in 1900.
Listed at $149,900.
Electric service is provided by Great Lakes Energy Cooperative.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms1
Bathrooms1
Lot Size0.4 acres
Year Built1900
Stories1
Location
CityLuther
Zip Code49656
CountyLake
Construction & Systems
BasementCrawl Space
HeatingForced Air, Space Heater, Wall Furnace
WaterPrivate Water
Sale & Financing
Listed6/3/2026
Terms AcceptedCash, Conventional, FHA
Source: SparkMLS
Property Records
USDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Barry L Fall
ERA Greater North Properties
Frequently Asked Questions about 507 River Street, Luther, MI 49656
What financing options are available for 507 River Street, Luther, MI 49656?
Per MLS# 1946153, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
Is 507 River Street, Luther, MI 49656 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Great Lakes Energy Cooperative. Water: Private Water. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the local police department or county sheriff's office.
Loading map...
Mortgage Calculator
$
%
$
$
$
Monthly payment$972
Principal & interest$972
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Great Lakes Energy Cooperative
Co-op
MI Public Service Commission service territory boundaries.
Property
507 River Street, Luther, MI 49656
View full property history →
Municipality
Luther Village
View all listings →
Get email alerts for new listings near 507 River Street
We'll notify you when something hits the market in Luther Village or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.