Real Estate Statistics
| Average Price | $575K |
|---|---|
| Lowest Price | $162K |
| Highest Price | $868K |
| Total Listings | 9 |
| Avg. Price/SQFT | $563 |
Property Types (active listings)
Browse Mullett Lake Real Estate Listings
- All Listings
- $100,000 - $200,000
- $400,000 - $500,000
- $500,000 - $600,000
- $600,000 - $700,000
- $700,000 - $800,000
- $800,000 - $900,000
Mullett Lake Real Estate | Mullett Lake, MI Treasure Trove: 27 Key Insights
Introduction to Mullett Lake
Welcome to Mullett Lake—Northern Michigan's hidden gem, nestled in the heart of Cheboygan County. Known for its crystal-clear waters, outdoor adventures, and serene surroundings, Mullett Lake is more than just a scenic destination. It’s a lifestyle.
Whether you're seeking a cozy waterfront cottage or a luxury lakefront estate, Mullett Lake real estate offers unmatched opportunities for homebuyers, investors, and outdoor enthusiasts alike.
Why People Love Mullett Lake, MI
Snapshot of Mullett Lake’s Lifestyle
From kayaking at sunrise to snowmobiling in winter, life at Mullett Lake is anything but ordinary. Locals and visitors alike are drawn to its laid-back charm, natural beauty, and community spirit. The lake’s 17,000+ acres of water make it ideal for year-round enjoyment.
The Real Estate Market Overview
Current Market Trends and Values
Mullett Lake real estate remains in high demand, especially with increased interest in Northern Michigan properties post-2020. Home values have steadily appreciated due to limited inventory and strong buyer interest in second homes and vacation rentals.
Average Home Prices and Sales Stats
As of early 2025, lakefront homes on Mullett Lake typically range from $350,000 to over $1.5 million, depending on location, amenities, and shoreline features. Inland homes and cabins can start as low as $180,000.
Buyer and Seller Market Breakdown
Mullett Lake currently leans slightly toward a seller’s market, especially for lakefront listings under $750,000. Buyers must act fast and work with a knowledgeable agent to snag prime properties.
Types of Properties Available
Lakefront Homes
Offering private docks, panoramic views, and instant lake access, these are Mullett Lake’s crown jewels. Many come fully furnished and are ready to generate vacation rental income immediately.
Waterfront Cottages
Charming and cozy, these seasonal or year-round cottages offer classic “up north” vibes with modern conveniences.
Log Cabins and Rustic Retreats
Perfect for those looking for privacy, acreage, and a woodsy aesthetic. Some cabins offer bonus guesthouses or workshop space.
Vacant Land and Development Potential
Land lots are becoming increasingly scarce but can be found along lesser-known parts of the lake or just minutes inland—ideal for custom builds.
Popular Neighborhoods Around Mullett Lake
Top Waterfront Subdivisions
Neighborhoods like Royal Oak Shores and Long Point are favorites among luxury homebuyers seeking high-end construction and manicured lots.
Quiet Inland Residential Areas
More budget-friendly while still close to water access, these areas appeal to full-time residents and retirees.
Communities with Private Beach Access
Some neighborhoods offer deeded beach access or shared docks, striking a balance between privacy and affordability.
What Makes Mullett Lake Unique?
Part of the Inland Waterway System
Boaters can travel from Mullett Lake to Lake Huron without ever hitting a trailer—thanks to its connection to Burt Lake, Crooked Lake, and the Cheboygan River.
Natural Beauty and Outdoor Recreation
With miles of shoreline, forests, and trails, the area is a paradise for hiking, fishing, birdwatching, and wildlife photography.
History and Culture of the Area
Mullett Lake has historical roots tied to early Native American tribes and later European settlers. Local museums and heritage festivals keep that history alive.
Investing in Mullett Lake Real Estate
Long-Term Value Trends
Mullett Lake continues to see strong appreciation rates and has remained resilient even during market downturns—making it a smart long-term investment.
Vacation Rentals and Passive Income
Short-term rentals are in high demand during summer months, and properties with dock access and scenic views command premium nightly rates.
ROI Considerations for Investors
With the right property management team (like NorthernMichiganEscapes.com), ROI potential can exceed expectations. Properties near trailheads or boat launches often see the most bookings.
Local Attractions and Amenities
Boating, Fishing, and Water Sports
Mullett Lake is home to bass, perch, walleye, and northern pike. Boat launches and marinas dot the lake, and it’s a top pick for jet skiing and tubing.
Nearby Towns: Cheboygan, Indian River, Topinabee
These towns provide everything from farmers markets and golf courses to schools, medical care, and cozy diners.
Golf, Parks, and Local Dining
Top-tier courses like Indian River Golf Club are just a short drive away, while nearby restaurants serve up fresh-caught fish and northern Michigan specialties.
Living Year-Round on Mullett Lake
Winter Activities and Snow Sports
Snowshoeing, ice fishing, and snowmobiling on the nearby North Central State Trail keep residents active all winter long.
Year-Round Services and Infrastructure
With year-round road access, snow removal, and broadband internet in many areas, Mullett Lake is suitable for full-time living.
Community and Events Calendar
From lakefront concerts to July 4th fireworks, the local events calendar is packed with fun all year.
Real Estate Tips for Buyers
What to Know Before You Buy
Get pre-approved, know your budget, and determine whether you want a seasonal or year-round property. Be ready to move quickly on listings.
Choosing the Right Waterfront Property
Pay close attention to shoreline erosion, dock permits, and floodplain status. Properties on the east side of the lake often have longer sun exposure.
Home Inspections and Permits
Waterfront homes often require special inspections—septic systems, seawalls, and well water tests are a must.
Real Estate Tips for Sellers
Pricing Your Home Right
Comparative market analyses are essential. Homes priced right from the start tend to sell faster and with fewer concessions.
Marketing Lakefront Properties
Drone footage, twilight photography, and staging are critical. Highlight lifestyle features like beach access or boat lifts.
Staging and Photography Tips
Declutter, depersonalize, and showcase the view! It’s your biggest selling point.
Working with a Local Expert
Benefits of a Northern Michigan Specialist
A local agent knows shoreline regulations, market patterns, and how to time the market for best results.
Why BrookWalsh.com Is Your Go-To Resource
BrookWalsh.com offers hyper-local real estate insights, detailed property guides, and expert negotiation strategies for Mullett Lake homes.
How NorthernMichiganEscapes.com Helps Investors
From staging and listings to full-service rental management, this powerhouse team helps homeowners earn top dollar year after year.
FAQ Section
Q. What’s the average price of homes on Mullett Lake?
A. Between $350,000 and $1.5 million, depending on size, location, and lake frontage.
Q. Can I find year-round homes here?
A. Absolutely. Many homes have full utilities, road access, and winterized features.
Q. Are there short-term rental restrictions?
A. Most areas allow short-term rentals, but it's wise to confirm with local zoning authorities or a knowledgeable broker.
Q. Is now a good time to invest in Mullett Lake property?
A. Yes. Inventory is low and demand is high, especially for well-maintained lakefront homes.
Q. How deep is Mullett Lake? Can I dock a large boat?
A. Mullett Lake reaches depths over 100 feet and is perfect for large boats and pontoons.
Q. What towns are closest to Mullett Lake?
A. Cheboygan (to the north), Indian River (south), and Topinabee (central-west shoreline) are the closest towns.
Conclusion
Final Thoughts and Encouragement to Act
Whether you're planning to buy your first lake home, invest in a vacation rental, or retire by the water, Mullett Lake delivers. Its perfect blend of lifestyle, location, and long-term value makes it one of Michigan’s top waterfront destinations.
Ready to make your move? Trust BrookWalsh.com to help you find the Mullett Lake property of your dreams. And if you're thinking about renting it out, let NorthernMichiganEscapes.com manage it for maximum returns.
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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