TBD Ponozzo Road, Iron River, MI
$ 1,265,000
Property Attributes
  • MLS#50122891
  • TypeBackup
  • CountyIRON
  • CityIron River
  • AreaIron River Twp
  • Zip49935
  • StyleLoft
  • Year Built1993
  • Taxes$ 5238
  • Price$ 1,265,000
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1000
  • Lot Size722.72 Acres
Data Source:
MiRealSource (MIRS)
Property Description

Little Wolf Lake Estate. We are pleased to offer this 722-acre Little Wolf Lake estate in the western end of Michigan's Upper Peninsula. This unique property includes a small rustic cabin, two lakes in their entirety, and abuts the Ottawa National Forest. Located only 14 miles north of Iron River and US-2, a year-round road bisects the western portion of the property and provides reliable access. Little Wolf Lake, the largest of the two lakes, is approximately 13 acres in size and 15 feet deep, with fish species that include pike and panfish. The lake also offers abundant wildlife viewing as it draws numerous animals that include white tail deer, ducks, geese, loons, swans, muskrat, beaver, bear, and even moose, which roam the shoreline. Similar opportunities are found on Bonny Lake, which totals 7 acres in size. The terrain is relatively level, with subtle hills and ridgelines scattered throughout. The forest cover has been managed throughout the years. There are two mature northern hardwood stands that provide desirable wildlife habitat and pleasing aesthetics. The areas that have been harvested over the years have dense hardwood and aspen regeneration that provide excellent grouse habitat. The sprawling property is easily navigated by a well-established interior trail system that provides access to most areas of the property. The rustic cabin features cedar shake exterior, asphalt shingle roof, deck, and crawl space. The interior features tongue and groove, wood floors, kitchen, living room, bathroom, bedroom, loft, and field stone fireplace. Basic wiring and plumbing have been installed throughout. The cabin is serviced by propane gas and ready for generator or solar hook up. The cabin sits on the southern bank of Little Wolf Lake. This property offers a unique opportunity to own a secluded estate with two private lakes in Michigan’s Upper Peninsula. This could be your opportunity to start making “UP” memories.

Price History
9/22/2023 Listed $1,265,000

General Features

Interior Features Hardwood Floors
Heating Wall Heat,Other-See Remarks
Cooling None
Possession At Close
Fireplaces FamRoom Fireplace
Exterior Features Deck
Water None
Appliances Bar-Refrigerator,Range/Oven
Status Active
Full Baths 1
Bathrooms 1
Year Built 1993
Subdivision N/A
Water Heater None
Style Loft
County Iron
Type Single Family
Percent Ownership Other/See Remarks
Associated Document Count 5
Status Accepting Backup Offers
Subdivision MI
Sale/Rent For Sale
Status Detail 3
Utilities Other (Utilities),Propane,Propane Tank Owned
Manufactured Y/N No
Structure Style 1 1/2 Story
Subj to Short Sale Apprvl No
Area Iron River Twp (36009)
Primary City Iron River
Directions From Iron River
ModificationTimestamp 2024-03-29T15:46:24.6
City Iron River
School District West Iron County School District
Lease Y/N No
Originating MLS Upper Peninsula Assoc of Realtor
Source MLS MI Real Source
Street Name Ponozzo
Financial Terms Cash,Conventional
Legal Description The SE quarter,SESW,SENE of Section 4,AND Section 3,LESS the NENE,SESE,SWSE,and NESE,ALL IN T45N-R35W,Iron River Township,Iron County,Michigan.
DOM 200
Postal Code 49935
Price Per Sq Ft 1265
Coming Soon Little Wolf Lake Estate. We are pleased to offer this 722-acre Little Wolf Lake estate in the western end of Michigan's Upper Peninsula. This unique property includes a small rustic cabin

Interior Features

Basement Other (Basement)
Bedroom 1 Level First
Beds 1
Fireplace? Yes
Bedroom 1 Length 10
Bedroom 1 Width 9
Above Grade SqFt 1000
Basement Y/N No
Fireplaces Total 1
Total SqFt Finished 1000

Exterior Features

Exterior Cedar
Frontage 5100
Body of Water Little Wolf Lake
Lot Size Area 722.72
Pool (Y/N) No
Lot Dimensions 31481683
Water Features Interior Lake,Lake Frontage,Lake/River Access,Waterfront
Roads Access,Gravel,Year Round
Waterfront Y/N Yes
Garage Y/N No
Frontage Type Water


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Backup Average in 49935

AVG $1.27M
AVG $5,238
AVG 131
Data Provided by Inside Real Estate®
Year Built
AVG 1993