Active

$219,500

137 Caspian Cutoff Rd, Iron River, MI 49935

3beds

960sqft

Est.:

Single Family Residence

Built in 1953

3.1 Acres Lot

$152,500 Zestimate^®

$229/sqft

$-- HOA

What's special

Newly renovated 3-bedroom, 2-bath home on 3 acres just outside of Iron River! This move-in ready property blends modern updates with subtle touches of 1950s charm throughout. The main floor offers a convenient bedroom and full bathroom, while the upper level features additional bedrooms and a second full bath—ideal for family living or guests. The property includes a detached 2-car garage and a workshop/storage building, providing plenty of space for tools, toys, or hobbies. Being sold furnished, this home is ready for immediate use as a primary residence, Northwoods getaway, or investment property. Located just 5 minutes from Iron River and close to Ski Brule and the area’s recreational trail system, this home is a must see. Schedule your showing today.

2 days

523

23

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 1
Main level bedrooms: 1

Bedroom 1

Level: Main
Area: 108
Dimensions: 9 x 12

Bedroom 2

Level: Upper
Area: 90
Dimensions: 10 x 9

Bedroom 3

Level: Upper
Area: 100
Dimensions: 10 x 10

Bathroom 1

Level: Main
Area: 36
Dimensions: 6 x 6

Bathroom 2

Level: Upper
Area: 50
Dimensions: 5 x 10

Dining room

Level: Main
Area: 108
Dimensions: 12 x 9

Kitchen

Level: Main
Area: 90
Dimensions: 9 x 10

Living room

Level: Main
Area: 234
Dimensions: 18 x 13

Heating

Forced Air, Propane

Cooling

None

Appliances

Included: Dryer, Range/Oven, Refrigerator, Washer, Electric Water Heater

Features

Basement: Concrete
Has fireplace: No
Furnished: Yes

Interior area

Total structure area: 1,920
Total interior livable area: 960 sqft
Finished area above ground: 960
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: 2 Spaces, Garage, Detached, Electric in Garage
Garage spaces: 2

Features

Levels: One and One Half
Stories: 1.5
Exterior features: None
Has view: Yes
View description: Rural View
Waterfront features: None
Frontage type: Road
Frontage length: 200

Lot

Size: 3.1 Acres
Dimensions: 200 x Irregular
Features: Rural

Details

Additional structures: Garage(s), Workshop
Parcel number: 00706201500
Zoning description: Residential
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Vinyl Siding
Foundation: Basement

Condition

Year built: 1953

Utilities & green energy

Electric: 100 Amp Service
Sewer: Septic Tank
Water: Public
Utilities for property: Electricity Available, Water Available

Community & HOA

Community

Subdivision: None

HOA

Has HOA: No

Location

Region: Iron River

Financial & listing details

Price per square foot: $229/sqft
Tax assessed value: $52,000
Annual tax amount: $1,360
Date on market: 3/31/2026
Cumulative days on market: 3 days
Listing terms: Cash,Conventional,VA Loan
Ownership: Private
Electric utility on property: Yes

Estimated market value

$152,500

$120,000 - $181,000

$1,174/mo

Price history

Date	Event	Price
3/31/2026	Listed for sale	$219,500$229/sqft
Source: Upper Peninsula AOR #50202992 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,303 +76.1%	$52,000 -17.9%
2024	$740 +4.9%	$63,300 +35.3%
2023	$705 +3.2%	$46,800 +8.3%
2022	$684 +20.5%	$43,200 +7.7%
2021	$567	$40,094
2020	$567 +13.7%	$40,094 +3.7%
2019	$499 -33.9%	$38,681 -0.3%
2017	$755	$38,791 -36.1%
2016	--	$60,740
2015	--	$60,740
2014	--	$60,740
2013	--	$60,740
2012	$594 +1.2%	$60,740
2011	$587	$60,740

Find assessor info on the county website

BuyAbility℠ payment

Est. payment

$1,418/mo

Principal & interest

$1155

Property taxes

$263

More affordability tools

Climate risks

Neighborhood: 49935

Getting around

0 / 100

Car-Dependent

26 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

4/10
Stambaugh Elementary School
Grades: PK-6Distance: 2.4 mi
5/10
West Iron County High School
Grades: 6-12Distance: 2.3 mi

Schools provided by the listing agent

District: West Iron County School District

Source: Upper Peninsula AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

Skip to the end of the carousel