Real Estate Statistics
| Average Price | $497K |
|---|---|
| Lowest Price | $85.9K |
| Highest Price | $2.2M |
| Total Listings | 11 |
| Avg. Price/SQFT | $353 |
Property Types (active listings)
Browse Mackinaw City Homes for Sale
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Mackinaw City, MI Homes for Sale: 7 Unmissable Listings That'll Wow You
Introduction: Why Mackinaw City is a Northern Michigan Gem
Nestled at the tip of Michigan’s Lower Peninsula, Mackinaw City is where history, natural beauty, and real estate opportunity collide. Whether you're drawn by the charming views of the Straits of Mackinac or the easy access to iconic landmarks like the Mackinac Bridge and Mackinac Island, this town offers more than just a postcard-perfect setting. It's a vibrant community with a slower pace, where homebuyers can find everything from rustic cabins to elegant lakefront estates.
For anyone exploring Mackinaw City, MI homes for sale, now’s a great time to dive into the local market. With a mix of primary residences, vacation homes, and investment properties, Mackinaw City truly has something for everyone.
The Real Estate Market in Mackinaw City, MI
Market Trends and Median Home Prices
Mackinaw City’s real estate market is characterized by modest inventory and consistent demand. As of mid-2025, the median home price hovers around $325,000, though lakefront homes and larger estates can easily exceed $750,000. Demand spikes in spring and early summer, driven by vacationers, second-home seekers, and retirees.
Recent trends indicate steady appreciation in home values, driven by the region’s increasing popularity and the tight supply of waterfront properties. Properties near downtown or with bridge views are particularly coveted.
Seasonality and Buyer Demand
Real estate in Mackinaw City follows a seasonal cycle, with the most active months being May through September. Winter tends to slow things down, though off-season buyers may find better deals if they can handle the chill.
7 Standout Homes for Sale in Mackinaw City
These top listings represent a snapshot of the market’s diversity, from rustic charmers to high-end hideaways.
1. Historic Cottage Near Downtown
Located just a short walk from Central Avenue shops and restaurants, this 3-bed, 2-bath 1940s cottage combines vintage appeal with modern updates. Features include:
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Refinished hardwood floors
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A cozy stone fireplace
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Private fenced backyard
Perfect for buyers who want to be part of the community's heartbeat.
2. Waterfront Luxury Home with Dock Access
Set along Lake Huron, this stunning 5-bedroom home boasts panoramic water views, a private dock, and a sprawling deck for sunset dinners. Highlights:
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Chef’s kitchen with Sub-Zero appliances
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Spa-like bathrooms
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Boathouse and fire pit
This home screams luxury lakeside living.
3. Modern Cabin in the Pines
Craving peace and seclusion? This modern log cabin sits on 3 acres just outside town. It offers:
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Vaulted ceilings
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Floor-to-ceiling windows
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Wraparound porch with hot tub
Ideal for year-round escapes or a short-term rental investment.
4. Spacious Family Retreat with Game Room
Designed with big families or vacation rentals in mind, this 4-bed, 3.5-bath home includes:
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Finished basement with game room
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Open-concept living and dining
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Two-car attached garage
Great for buyers looking to entertain or host guests.
5. Turnkey Investment Property Near Ferry Terminal
This duplex property is just steps from Shepler’s Ferry and already operating as a successful short-term rental. Features:
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Separate entrances
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Updated kitchens and baths
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Bookings and revenue history available
It’s a hands-off moneymaker from day one.
6. Lakeview Condo with Resort Amenities
A rare find, this 2-bed, 2-bath condo offers sweeping lake views, plus access to:
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Pool and fitness center
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Clubhouse
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Private beach
Perfect for snowbirds or low-maintenance lifestyle seekers.
7. Rustic Lodge-Style Home with Acreage
If privacy and space are must-haves, this 6-acre property features a 5-bed, 4-bath log home with:
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Two-story great room
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Stone fireplace
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Detached workshop and garage
Feels like your own private up-north resort.
Top Neighborhoods in Mackinaw City
Downtown Mackinaw City
Walkability, local dining, and charming historical architecture make downtown an attractive area for year-round living or vacation homes.
Lakeside Communities
Homes along the Lake Michigan and Lake Huron shores offer unmatched views and beach access. Expect higher price points, especially with direct water frontage.
Wooded Residential Areas
A little further inland, neighborhoods like Wilderness Park provide forested lots and quieter surroundings. They’re ideal for those craving nature and privacy.
Mackinaw City Lifestyle and Amenities
Outdoor Recreation Opportunities
From biking the North Central State Trail to kayaking in the Straits, Mackinaw City is an outdoor lover’s dream. Nearby parks like Wilderness State Park provide hiking, birdwatching, and even stargazing opportunities.
Dining, Shopping, and Attractions
You’ll find everything from fudge shops and local pubs to art galleries and boutique stores. Don’t miss the Mackinaw Bridge Museum or a day trip to Mackinac Island via ferry.
Year-Round Festivals and Events
This small town has a full social calendar, including:
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Mackinaw City Arts & Craft Show
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Fourth of July Fireworks
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Christmas in Mackinaw festivities
Check out this video for a look at the Mackinaw City community
Real Estate Investment Potential
Vacation Rental ROI
Homes near downtown or close to the ferry terminals are highly desirable for short-term rentals. With tourism booming in summer, properties can generate $30K–$80K annually, depending on amenities and location.
Long-Term Property Value Trends
Mackinaw City’s desirability and geographic limitations (surrounded by water and parklands) create a strong long-term appreciation potential, especially for well-located homes.
Tips for Buying a Home in Mackinaw City
Work with a Local Expert Realtor
Someone who knows the ins and outs of the Mackinaw market can guide you to hidden gems and help you navigate seasonal nuances.
Understand Seasonal Price Fluctuations
You’ll typically find better deals in late fall and winter, when demand dips but inventory lingers.
Look for High-ROI Features and Upgrades
Homes with water views, decks, and modern kitchens consistently outperform others in resale and rental markets.
Financing and Mortgage Options
Local Lenders and Loan Programs
Financing a home in Mackinaw City can be seamless with the right local support. Many regional banks and credit unions offer tailored mortgage programs for:
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Primary residences
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Second homes
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Investment properties
Working with a local lender ensures better understanding of the seasonal nature of the market and often results in quicker closings. Common institutions include First Community Bank, Citizens National Bank, and others familiar with Northern Michigan lending dynamics.
First-Time Buyer Assistance
If you're a first-time homebuyer, don’t overlook Michigan’s MI Home Loan Program, which provides:
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Competitive interest rates
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Down payment assistance (up to $10,000)
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Reduced mortgage insurance costs
Eligibility is income- and purchase-price-based, but it’s a huge help for newcomers looking to plant roots in this charming lakeside town.
Cost of Living and Property Taxes
How Mackinaw Compares to Nearby Cities
Compared to areas like Petoskey or Traverse City, Mackinaw City offers:
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Lower average home prices
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Fewer traffic woes
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More intimate, small-town living
That said, the demand for seasonal homes can drive up prices in prime locations, especially near the water or ferry access.
| Category | Mackinaw City | Petoskey | Traverse City |
|---|---|---|---|
| Average Home Price | $325,000 | $430,000 | $520,000 |
| Property Tax Rate (%) | ~1.54% | ~1.63% | ~1.72% |
| Population | ~800 | ~5,800 | ~15,700 |
Utility and Maintenance Costs
The cost of living in Mackinaw City is relatively affordable. Utility costs are average for the region, and snow removal services are a must-have in winter. Vacation homeowners may also consider hiring local property management to maintain their home during the off-season.
Moving to Mackinaw City: What You Need to Know
Schools, Healthcare, and Services
Mackinaw City is part of the Mackinaw City Public School District, which includes:
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Elementary and middle school (Pre-K through 8th)
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High school with small class sizes and personalized instruction
For healthcare, residents can visit nearby hospitals and urgent care centers in Cheboygan and Petoskey. There’s also a small clinic in town for basic needs.
Community and Safety Insights
This is a tight-knit, welcoming community where neighbors look out for one another. Crime rates are extremely low, and people tend to stay connected through local events, school activities, and volunteer opportunities. If you're looking for peace of mind, Mackinaw delivers.
Frequently Asked Questions (FAQs)
Q. What is the average home price in Mackinaw City?
A. As of 2025, the average home price is around $325,000, with lakefront or premium properties fetching upwards of $700,000.
Q. Are there waterfront properties available?
A. Yes, waterfront homes along Lake Huron and Lake Michigan are available, though inventory is limited and highly sought after. Be ready to move fast!
Q. s Mackinaw City a good place to retire?
A. Absolutely. It’s quiet, scenic, and offers easy access to recreation, dining, and healthcare. Many retirees appreciate the walkability and relaxed pace.
Q. Can I use my home as a vacation rental?
A. Yes. In fact, short-term rentals are common in Mackinaw City. Just be sure to check local ordinances and licensing requirements, which vary by zoning.
Q. How competitive is the housing market?
A. Moderately competitive. While bidding wars aren’t the norm, desirable properties (especially those near the water or ferry docks) can go quickly in peak season.
Q. What’s the best season to buy a home here?
A. Late fall or early winter tends to be the best time for deals, though spring and summer see the most listings.
Conclusion: Your Dream Home Awaits in Mackinaw City
Whether you're after a cozy cottage, a stunning lakefront retreat, or a smart investment property, Mackinaw City, MI has it all. This hidden gem of Northern Michigan isn’t just a vacation destination—it’s a place where you can build lasting memories, enjoy a slower pace, and own a slice of Michigan's scenic beauty.
From historic neighborhoods to wooded enclaves, the real estate landscape here offers something special for every type of buyer. With growing interest in Northern Michigan properties, now is the time to explore what Mackinaw City has to offer.
Explore More Homes with BrookWalsh.com
Looking for expert guidance and personalized property recommendations? Visit BrookWalsh.com to browse exclusive listings, connect with a local real estate expert, and schedule private showings.
Whether you're buying your first home, upgrading to a waterfront paradise, or investing in a rental property, Brook Walsh is here to help you make it happen.
Continue Your Northern Michigan Real Estate Search. Explore homes and real estate in the Northern Michigan communities below or contact Brook Walsh to help you with your search.
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