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4 Beds
4 Baths
2,808 sqft

$499,999

50 W Parkway Drive, Cheboygan MI, 49721

Price per sqft$178.06
Property size2,808 sqft
Property typeResidential

Overview

Active

Listed May 1, 2026

Updated 3 weeks ago

What if your Northern Michigan escape could pay for itself? Picture catching glimpses of Mullett Lake, grabbing your gear for deeded shared beach access at the Cheboygan River mouth, and letting a secondary unit fund your lifestyle. This unique property delivers inland waterway perks without high waterfront prices! The 4-bedroom main home features a quartz-bar kitchen and massive family room with a custom bar. Above the heated 3-car garage sits an independent 2-bedroom apartment with handicap chair lift access--primed for dual Airbnb listings, Coast Guard housing, newlyweds, or a mother-in-law suite! The potential here is unmatched, making this a must-see property you have to walk through to appreciate! Rent both sides, live in one and rent the other, or keep it for multi-generational living. Enjoy nearby marina boat rentals, mooring availability, and direct access to trails for hiking, biking, and snowmobiling--plus winter public access for ice fishing. Includes expansive parking for boat and snowmobile trailers, space for a pole barn, and room in the garage to add a connecting hallway between units. Priced right and ready for your vision--schedule your walk-through today!

$3,327/mo

Est. mortgage payment based on a $499,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
201839765

Interior Features

Bedrooms
4
Bathrooms
4
Heating
Yes
Basement
No

Other Property Details

Garage
Yes
Municipality
Inverness
Waterfront
Yes

Listed by Team Martinchek with Berkshire Hathaway HomeServices-Cheboygan
Listing Contact: [email protected] 

Based on information from Water Wonderland Board of REALTORS® as of 10/3/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. 

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