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This land at Horseshoe Lake Road in Toivola, MI is listed for $299,000 (115.00 acres).

Key Features

  • 115.00 acre lot
  • Waterfront

Amenities

Waterfront
Listing Description

Imagine owning 112+/- acres wrapped around much of a secluded Upper Peninsula lake. This unique recreational and potential development property in Elm River Township encompasses approximately two-thirds of Horseshoe Lake and also includes frontage on nearby Clear Lake, creating an uncommon opportunity to own substantial acreage with access to two inland lakes.

Horseshoe Lake offers a quiet, largely undeveloped setting, with the remaining approximately one-third owned by the State of Michigan. On the south end of the property, Clear Lake frontage adjoins the State-owned public boat launch, adding another recreational amenity just steps from the property.

Recently harvested, the tract offers a more open landscape and a blank canvas for its next owner. Established interior roads provide access throughout much of the acreage, while the combination of lake frontage, predominantly upland terrain, and an elevated northern portion creates interesting possibilities for private homesites, recreational cabins, a family retreat, or thoughtfully planned waterfront development.

Nearby recreation includes Twin Lakes State Park, the Bill Nicholls snowmobile/ORV trail system, Omer's Wyandotte Hills Golf Course, numerous inland lakes and public access sites, and year-round opportunities for boating, fishing, hunting, snowmobiling, ATV riding, skiing, and other outdoor recreation.

For an investor or developer, the property's size and lake access can create opportunities to develop multiple waterfront or water-access sites while preserving ample recreational land and privacy. For a private buyer, it provides a unique opportunity to own much of the land around a quiet lake.

This can be a place to enjoy now and a way to preserve options for the future. Whether the vision is a private waterfront retreat, hunting and recreation property, family compound, or future development, Horseshoe Lake offers something increasingly difficult to find-- acreage, water, privacy, and possibilities in one property.

Location

Horseshoe Lake Road

Toivola, MI 49965

Questions & Answers

This 0-bedroom, 0-bathroom land at Horseshoe Lake Road is listed at $299,000. The estimated monthly payment is $1,599 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 115.00 acre lot, Waterfront.

This property is listed by PATRICK BLANZY.

PB

PATRICK BLANZY

Agent at AMERICAN FOREST MANAGEMENT

Listed by AMERICAN FOREST MANAGEMENT · View on Broker Site

MLS# 50221957· Source: Upper Peninsula Association of Realtors· 47 days on PropertySimple

Copyright © 2026 Upper Peninsula Association 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.

Horseshoe Lake Road, Toivola, MI 49965

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