About This Home

This 4-bedroom, 4-bathroom single family at 50 W Parkway Drive in Cheboygan, MI is listed for $499,999 ($178 per sqft). the home offers 2,808 sqft of living space on a N/A lot.

Key Features

  • Waterfront

Property Details

1 story
4 full
3-car garage

Amenities

WaterfrontHardwood
Listing Description

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!

Monthly Cost Estimate

$2,674/mo

20% down · 6.5% · 30 years

Principal$362
Interest$2,167
Insurance$146

Estimates only. Actual payments may vary.

Location

50 W Parkway Drive

Cheboygan, MI 49721

YE-QUA-GA-MAK

Features & Amenities

Interior Features

Walk-In Closet(s)

Exterior Features

DeckFenceGuest Quarters/Apt

Property Details

Flooring

TileHardwood

Construction

Frame

Outdoor Features

Deck

Heating

Natural GasForced Air

Appliances

WasherRange/OvenRefrigeratorMicrowaveDryerDishwasher

Questions & Answers

This 4-bedroom, 4-bathroom single family at 50 W Parkway Drive is listed at $499,999 ($178/sqft). The estimated monthly payment is $2,674 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Waterfront. Interior Features: Walk-In Closet(s). Exterior Features: Deck, Fence, Guest Quarters/Apt.

This property is listed by Team Martinchek.

TM

Team Martinchek

Agent at Berkshire Hathaway HomeServices Michigan Real Estate

Listed by Berkshire Hathaway HomeServices Michigan Real Estate · Broker phone: (877) 808-7007 · View on Broker Site · Broker website

MLS# 201839765· Source: Water Wonderland Board of Realtors®· 184 days on PropertySimple

Copyright © 2026 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

50 W Parkway Drive, Cheboygan, MI 49721

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