Real Estate Statistics
Average Price | $549K |
---|---|
Lowest Price | $170K |
Highest Price | $900K |
Total Listings | 4 |
Avg. Price/SQFT | $408 |
Property Types (active listings)
Browse Mullett Lake Real Estate Listings
Mullett Lake Real Estate
Mullett Lake stretches a full ten miles between Cheboygan and the Indian River. Named in the early 1840s, the lake sits at the northern tip of lower Michigan. As you may have presumed by now, the lake is named after John Mullet, a federal surveyor, and covers around 17 000 acres. Apart from being the third largest lake in the state, Mullett Lake makes part of a thirty-eight-inland waterway that stretches from Round Lakes on the Michigan side to Cheboygan. Mind you, Cheboygan is on the Lake Huron side.
Back in the day, this waterway was used by the native Americans as a trade route, which makes Mullett Lake ideal for fishing and boating. If you are into recreation fishing, the game species include rainbow, brook, brown, yellow perch, walleye, bass, lake trout, and Northern pike. Additionally, Mullett Lake condominiums for sale are highly sought after, with most clients being established business owners and ex-pats. All things considered, there’s not a bad spot for a sunset or sunrise on this big lake.
What You Need to Know About Mullett Lake
Mullett Lake is a first-class lake with more than two hundred billion gallons of water within its basins. Its tributaries include East Little Pigeon, Indian River, Mullet Creek, and Little Sturgeon.
The lake sits within six diverse communities: Tuscarora, Aloha, Mullett, Benton, Koehler, and Inverness. Over the years, it has become popular with support and recreationist activities such as:
- Swimming
- Fishing
- Canoeing
- Kayaking
- Boating
It’s an area that has become quite popular with seasonal residents and tourists who tend to visit the area during the summer months.
Local Real Estate
If you have thought about putting down roots in this area, you will be glad to know that this is one of the best communities in the state. As of November 2021, the average home sales prices were around $164,864. Family homes are paired with spacious surrounding gardens that offer plenty of room for kids to play and outdoor seating for those who like to entertain regularly. Thanks to its pristine lake and wonderful community, Mullett Lake is an ideal place to live all year round.
Mullett Lake real estate is highly sought after, both for established homes and sites to build your dream home. There's not a bad spot for a sunrise or sunset on a lake this big. Homes run in the low $300,000's up to well over $1,000,000. According to the Northern Michigan Multi-Listing Service, the average sales price for a Mullett Lake home in Michigan is $477,996, with a low of $35,000 in 2012 and a high of $2,300,000 in 2008. The average sales price for a Mullett Lake condominium in Michigan is $221,000, with a low of $97,000 in 2005 and a high of $345,000 in 2020.
Mullett Lake Community Highlights
As a fishery center, Mullett Lake has a variety of game species which include smallmouth bass, steelhead, largemouth bass, brook trout, walleye, smelt, splake, and muskellunge. Game hunters will be happy to note that lake sturgeon has started to make a comeback, with record specimens recorded in the past few months.
The lake has a historical train ticket station linked to the former Michigan Central Passenger train. It’s a station that boasts around two hundred feet of picturesque lakefront property sitting at the direct end of the Polish Line Road. Today, it serves as a family cottage after it was purchased by an old employee of the Michigan Central Rail Road in 1950 after it had shut down its operations. It has come to be known as the “Old Depot,” which was the nickname used for the primary connection between Mackinaw and Detroit.
How Is It Like to Live in Mullett Lake?
The global COVID-19 pandemic has led to a surge in property prices in the Mullett Lake area as more people look to get away from the city. As a result, property prices have risen by 1.3 percent from 2020.
Currently, most of the increases have been recorded in the housing, food, and transportation sectors. However, you will be glad to note that the cost of living in Mullett Lake is -12.3 percent lower than the national average.
Thanks to Michigan’s State laws, the current minimum wage rate is set at $9.65 per hour. This is advantageous to local workers as the federal minimum wage rate currently stands at $7.25 per hour.
The demand for a fair minimum wage for the workers has led to several location-based changes to standing minimum wage rates.
Dining Options
If you are hungry, which will happen at some point, you should note that Mullett Lake has some of the best dining options in Michigan. Below is a look at some of the places you should consider visiting:
I. YECK FAMILY DRIVE-IN RESTAURANT
Chocolate peanut butter shake lovers will instantly fall in love with this place. Based on the reviews posted on numerous platforms, locals have found it to be enjoyable, thanks to its great flavor. However, note that this is a drive-in restaurant, which means you will have to get your meals “to-go.” The waitresses have been described as being friendly, which means you shouldn’t have a rough time ordering your favorite to-go meal.
ii. PIER M33
This is without a doubt one of the best restaurants in Mullett Lake. It’s wheelchair accessible, has free Wi-Fi, parking, seating, and accepts all the major credit and debit cards. Customers can make reservations during the on-season using the details listed on the official website. For tourists and non-locals, it would be advisable to call ahead during the off-season to confirm that the operating hours listed on the site are up to date. The facility offers a daily chalkboard of specials of palate-pleasing creations prepared using locally sourced ingredients.
iii. Great Lakes Grill
Great Lakes Grill is a family-owned establishment. Renowned for its great cuisine, its prices are also pocket-friendly. Most locals love it for its sizable proportions and remarkable customer service.
What’s more, it's only located twenty minutes away from Cheboygan.
iv. The Nauti INN Barstro
If you’re looking for the ultimate Northern Michigan experience, then make sure to find your way to The Nauti Inn. The Inn is renowned for its high food standards and great atmosphere, making it the go-to place for anyone looking to enjoy local Michigan cuisine. The management encourages all the visitors to settle in and enjoy the expertly prepared dishes. This is one place you will want to visit with your family and friends once you have settled into your new home.
Shopping
Mullett Lake shopping is so diverse that everyone is guaranteed to find whatever they are looking for. The best part is that you don’t have to fret over the cold and highly impersonal environments that have become commonplace with today’s department stores. As you shop, you get to admire the amazing architecture along Bayshore Drive, Village Lane, Silver Beach Road, Birchwood Drive, and Dodgers Point Road. You could even choose to grab lunch at a local neighborhood café!
If you want to enjoy your supermarket run, the local real estate experts recommend making your way to the Great Lakes Bear Factory or Melody’s Lane. These are the places to visit if you want to visit a place that treats its visitors right and has the most awesome stocking. Here, you will find everything from lighting fixtures to plants, fitness centers, to pottery studios. These are the places you will want to visit with your family for a fun experience for all. Melody’s Lane is the place to visit for vegan-friendly bagels, buns, and croutons.
This wonderful community is surrounded by great shopping areas. Both Bay Harbor and Petoskey will have most of what you need for your daily or weekly shopping.
The Hack-Ma-Tack Inn is a fine dining restaurant located on the Cheboygan River right at the mouth of beautiful Mullett Lake. It is nestled between towering trees and greenery, with picturesque windows overlooking the river. Named after the Native American word for Tamarack…”Hack-Ma-Tack”, is mostly built with strong tamarack logs.
If your belly is full and you are looking for family activities, then look no further than Burt Lake itself. The lake is a great spot to spend time with your family and neighbors. The following are just some activities that are available lakeside:
- Fishing
- Volleyball
- Playground
Mullett Lake is part of the Inland Waterway, by which one can boat from Crooked Lake several miles (km) east of Petoskey on the Little Traverse Bay of Lake Michigan across the northern tip of the lower peninsula's so-called mitten to Cheboygan on Lake Huron. Along with nearby Burt Lake and Black Lake, it is noted for its population of Lake Sturgeon, which briefly held the record of the largest sturgeon caught in the USA.
Things to Do on Mullett Lake
Have you ever been to a new place and felt ‘wow?’ For many people looking to buy condominiums for sale in Mullett Lake, this is the first feeling that comes to mind once they have settled in.
Fortunately, there are many things to do and see in Mullett Lake to keep you occupied during your downtime.
1. Cruise the Indian River
If you’re new to the town, you should note that the Indian River traverses between Burt Lake and Mullett Lake through a town sharing the same name. The waterway, averaging around three-point nine miles, helps make up the Inland Waterway. Adventurers will have a great time cruising through this river, which is surrounded by several restaurants, marinas, and cottages. It shouldn’t take you more than an hour to cruise the entire river. The best time to cruise the river is during the afternoons when everything is quiet and peaceful.
2. Go, Cherry Picking
Northern Michigan is littered with roadside cherry stands all through the summer season. Make it a point to stop at one of these stands. If you’re along the Indian River, make sure to check out the one located next to the North Star Gardens.
3. Volunteer with AARP
All the volunteers working with AARP in Mullett Lake have the satisfaction of going home feeling like they have gotten as much as they have given to society. Volunteer opportunities are many and vary from profession to profession. All you have to do to learn of the available opportunities is visit the official AARP website.
4. The History Center of Cheboygan County
Through rich historical resources, vibrant programming, and exhibits, The History Center of Cheboygan County will help you understand the locals' history and their connection to the place.
It’s a place where visitors go to learn of their connection to the past and gain inspiration that can help the future of their communities.
5. Visit the Opera House and The Cheboygan Area Arts Council
The Cheboygan Area Arts Council has one mission—to encourage and promote educational and cultural activities within the canals area of Northern Michigan. Additionally, it assists in promoting and stimulating participation in the arts within the various segments of the community.
6. Schedule a Trip to the Seasons of The North Winery
Wine lovers who have recently relocated to the Mullett Lake region should schedule a visit to this winery. Its wines reflect the unique growing climate experienced in the region. Use this opportunity to sample the locally available grapes such as Cabernet Sauvignon used to make red wines and  Chardonnay, the proverbial king of white wines.
Why You Should Relocate to Mullett Lake
Mullett Lake promises a unique getaway from the hustle and bustle of the city. In the spring and summer months, the opportunities for patio barbeques, fishing, hiking, and kayaking are the main go-to activities. As the autumn season sets in, you can interact with nature and watch the hardwood trees transform the landscape. The trees help to add a flash of extra brilliance to the crispy sunny days.
During the winter season, outdoor enthusiasts can take this chance to strap on their snowshoes and cross-country skis and begin to explore the greater Mullett Lake area. The region is often covered in white during this period.
Summary
It shouldn’t be too hard for you to find what you want, regardless of whether you are looking to buy a condo, family home, or apartment. With the right real estate agent, you are guaranteed to find what you are looking for in no time.
Petoskey Annual Events
Arts in the Park, Watershed Council 40th Anniversary Meeting & Gala, Festival on the Bay, Emmet Charlevoix County Fair, The Bay 2 Braman Bolt: "A Race to Preserve History"
Schools Near Mullet Lake Lake Homes
All you need to know about Mullett Lake institutes is to visit the official public portal. From this, you will get to learn how invested Mullett Lake is in its education system. The portal showcases all there is to know about the local curriculum and community development. Over the years, most of the young families relocating to this area have confessed to doing so because of its education system. Even though the pandemic has forced the schools to make some adjustments, this has not in any way affected the learning taking place in these facilities.
All the education centers have maintained a high enrollment rate, coupled with increased student interest, as the learners seek to determine what awaits them. Teachers, on the other hand, have adopted protocols that are meant to keep their pupils safe. Mullett Lake is home to tens of elementary, middle, and high school learning facilities. Most potential home buyers are always eager to know how their kids will fare once they have made the switch. The Mullett Lake education system believes in planning for the future. As a result, a large portion of the local budget often goes towards improving the education system and safeguarding the future.
Once the young ones have completed high school, they can enroll in any of the notable colleges around. Examples include North Central Michigan College, University of Michigan Biological Station, Northwestern Michigan College, and Inland Lakes School.
Focused on Northern Michigan Investment Real Estate
Brook is focused on lifestyle real estate investment properties as most people want a vacation home to make lifelong memories that endure for their entire family, leave a profound legacy for generations, and they want a solid financial investment at the same time. While the area does have many good realtors, there aren’t many with the unique financial, vacation home investing, and technology marketing background. Brook uses his diverse skill set to help clients properly evaluate and determine whether a vacation home makes financial sense.
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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