For Sale
7940 S River Road, Cheboygan, MI 49721
$799,900
MLS # 201841332
2 beds1 bathBuilt 195655.61 acres
1 / 31
Listing Description
LEGACY PROPERTIES LIKE THIS RARELY COME TO MARKET! Offering approximately 1,357 feet of frontage on the beautiful Black River, part of Michigan's famed Inland Waterway, and more than 55 acres across two parcels, this remarkable property has been cherished by the same family for generations. Nestled among towering trees is a comfortable 2-bedroom, 1-bath retreat, providing the perfect place to enjoy the peaceful surroundings while planning your vision for the future. Boat for miles through the Inland Waterway to the Cheboygan River, Mullett Lake, Burt Lake, Lake Huron and beyond. Whether you're searching for a private waterfront estate, family compound, hunting retreat, or recreational getaway, this is an iconic opportunity to own an extraordinary piece of Northern MI waterfront and acreage, Age: 31+ Years Approx
Source: SparkMLS
About this home
Located in Cheboygan, this property offers 2-bedroom, 1-bath, with original construction dating to 1956.
Currently offered at $799,900.
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
Lot Size55.61 acres
Year Built1956
Location
CityCheboygan
MunicipalityBenton Twp
Zip Code49721
CountyCheboygan
Sale & Financing
Listed7/6/2026
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 Jacqueline Kimball
Real Broker LLC - Petoskey
Frequently Asked Questions about 7940 S River Road, Cheboygan, MI 49721
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 7940 S River Road, Cheboygan, MI 49721 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 7940 S River Road, Cheboygan, MI 49721 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What utilities serve 7940 S River Road, Cheboygan, MI 49721?
Per Michigan Public Service Commission service territory data: Electric: Presque Isle Electric & Gas Cooperative. Gas: DTE Gas Company. Confirm service details directly with providers.
What is the crime rate in 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.
Map
Mortgage Calculator
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Monthly payment$5,188
Principal & interest$5,188
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
7940 S River Road, Cheboygan, MI 49721
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