For Sale
6470 Margaret Lane, Indian River, MI 49749
$499,900
MLS # 26032166 (Michigan Regional Information Center (MichRIC))
2 beds1 bath960 sqftBuilt 310.18 acres
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Listing Description
Panoramic Views of Burt Lake! Year-Round Cottage for Sale. Wake up every morning to sweeping panoramic views of beautiful Burt Lake. This charming 2-bedroom, 1-bath log cabin is your four-season escape, offering everything you need to enjoy lake life to the fullest, no matter the time of year. Spend your summer days swimming and boating from your brand new shared dock, complete with a spacious 15' x 10' platform. As the day winds down, settle in and watch breathtaking sunsets paint the sky over the water. Fresh new paint and carpet, an enlarged shower, and lake views from both the front and back of the cabin. When the weather cools, cozy up next to your gas fireplace and admire the snow falling peacefully on Burt Lake.(The Highlands at Harbor Springs and Nubs Nob Ski Resort) and miles of snowmobile trails are just minutes away, making this the perfect winter basecamp as well as a summer paradise. All appliances stay. Make in a appointment today! Seller is a licensed agent/broker.
Source: SparkMLS
About this home
This 2-bedroom, 1-bath, 960 sq ft home built in 31 sits in Indian River.
Asking $499,900 (about $521/sq ft).
Property tax estimate: $3,339 per year ($278/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
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
Bedrooms2
Bathrooms1
Living Area960 sqft
Lot Size0.18 acres
Year Built31
Stories1
Location
CityIndian River
MunicipalityCheboygan
Zip Code49749
CountyCheboygan
School DistrictInland Lakes
Construction & Systems
StyleLog Home, Ranch
ConstructionLog
BasementSlab
HeatingForced Air
WaterWell
SewerSeptic Tank
InteriorCeiling Fan(s), Center Island, Pantry
Sale & Financing
Listed6/25/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$3,339
Tax Year2025
State Equalized Value$131,300
Taxable Value$109,286
Assessed Value$112,236
Parcel #161-P67-000-037-00
Source: Public Records
Legal Description
PLYMOUTH BEACH, LOT 37. **AND** 1/5 INT IN: PAR C: PT OF OUTLOT, DESC AS: BEG AT NW COR SD OUTLOT; TH S 81D 13M 30S E 80.94FT; TH S 8D 46M 30S W 48.64FT; TH N 89D 1M W 73.56FT; TH N 0D 59M E 59.26FT TO POB. (SEC 1, T35N,R3W) 741/535;960/312;969/100;991/124;1171/400;1345/921;1439/58;1507/692
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 John Janosik
Berkshire Hathaway HomeService
Frequently Asked Questions about 6470 Margaret Lane, Indian River, MI 49749
What school district is 6470 Margaret Lane, Indian River, MI 49749 in?
Per MLS# 26032166, this property is served by Inland Lakes. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 26032166, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26032166, the most recent reported annual property tax for 6470 Margaret Lane, Indian River, MI 49749 is $3,339 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 6470 Margaret Lane, Indian River, MI 49749 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, 6470 Margaret Lane, Indian River, MI 49749 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. Sewer: Septic Tank. Water: Well. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Cheboygan police department or the Cheboygan County sheriff's office.
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Monthly payment$3,242
Principal & interest$3,242
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
6470 Margaret Lane, Indian River, MI 49749
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