Turnkey Northwoods Retreat & Hunting Paradise: Deep-Dive Analysis of 15467 Larson Rd for $159,000

Securing a continuous 53-to-54-acre timberland parcel in Michigan’s Western Upper Peninsula equipped with a fully furnished 3-bedroom, 1-bathroom residence, drilled well, functional septic system, connected grid electricity, established ATV trails, ground hunting blinds, and outbuildings (including a former traditional Finnish sauna shell) for $159,000 represents a compelling value proposition in modern rural real estate.

Located at 15467 Larson Rd, Bruce Crossing, MI 49912 in Stannard Township (Ontonagon County), this turnkey property offers an immediate basecamp for hunters, snowmobilers, outdoor enthusiasts, and long-term land-banking investors.

Priced at an advantageous $2,944 per acre (or $3,000/acre depending on final deeded boundary surveys between 53 and 54 acres) a figure that effectively values the 780-square-foot furnished home, private well, septic system, electrical connections, two sheds, and established trail network at a minimal incremental cost this property provides a substantial margin of safety compared to standard Upper Peninsula recreational land acquisitions.

Below is an in-depth, data-driven analysis covering property specifications, structural features, valuation metrics, comparative market data, financial proformas, pros and cons, and an expert purchasing verdict.

Property Specifications at a Glance

Property AttributeSpecification DetailsStrategic Land & Equity Takeaway
Asking Purchase Price$159,000 ($204 / Sq. Ft. for structure)Reduced $15,900 on July 20, 2026 (originally listed at $174,900)
Location & Municipality15467 Larson Rd, Bruce Crossing, MI 49912Situated in Stannard Township, Ontonagon County (Zip: 49912)
Total Deeded Lot Footprint53.00 to 54.00 Acres (1,320′ Road Frontage)Heavily wooded acreage featuring established internal hunting trails
Primary Structural Size780 Sq. Ft. (3 Bedrooms / 1 Full Bathroom)Conventional single-story frame home built in 1969
Condition & Furnishings100% Fully Furnished / TurnkeyIncludes furniture, appliances, wood-burning fireplace & fixtures
Water InfrastructurePrivate Drilled Water Well ConnectedEliminates the $8,000–$14,000 cost of drilling a new deep well
Wastewater InfrastructurePrivate On-Site Septic Tank SystemFully connected, functional waste drop servicing the home
Utility Grid StatusGrid Electricity Connected & Phone AvailableBypasses off-grid solar costs; reliable year-round power supply
On-Site Outbuildings2 Storage Sheds (Including 1 Historic Sauna Shell)Gear storage outbuildings + established trail to rear ground blind
Annual Tax Burden$1,160 / Year (~$97 / Month)Low fixed holding tax overhead in Stannard Township

Core Investment Value Drivers: What Makes 15467 Larson Rd Stand Out?

Asset FeatureStrategic Real Estate Advantage
53–54 Wooded AcresPrivate timberland with zero HOA restrictions
Grid Utilities ConnectedDrilled well, septic, and power pole installed
Fully Furnished HomeMove-in ready basecamp with zero initial interior capital
On-Site OutbuildingsDual storage sheds including a historic sauna shell
Low Carrying CostsFixed property taxes sit at under $100 per month

1. Fully Turnkey Interior & Move-In Basecamp Setup

Building or outfitting a remote Northwoods hunting camp requires considerable effort, logistics, and capital. Bypassing initial interior setup costs provides immediate utility:

  • Complete Furnishings Included: The sale includes all furniture, beds, appliances (refrigerator, range/oven, microwave, electric water heater), and fixtures. A buyer can close on Friday and hunt or camp on Saturday without buying furniture or appliances.
  • Functional 3-Bedroom Layout: Despite a compact 780-square-foot footprint, the home features a well-allocated floor plan with three distinct main-floor bedrooms (13’x8′, 11’x9′, and 10’x12′), a 342-square-foot main living area (19’x18′), a 1-full bath, and a cozy wood-burning fireplace for auxiliary winter heating.

2. Pre-Installed Infrastructure & On-Site Utilities

Developing raw, heavily wooded land in Ontonagon County requires significant upfront capital. This parcel includes complete site infrastructure:

  • Drilled Well & Septic Drop: Equipped with a private drilled well and an operational septic system. Installing these systems on raw timberland today typically costs between $18,000 and $30,000.
  • Connected Grid Power: Grid electricity runs directly to the home on Larson Rd. Bypassing off-grid solar, battery banks, or noisy fuel generators ensures reliable year-round power for heating, refrigeration, and appliances.

3. Developed Recreational & Hunting Infrastructure

  • Trail Network & Ground Hunting Blinds: A well-cleared internal trail cuts through the 53+ wooded acres, leading directly to a well-placed ground blind near the rear boundary.
  • Abundant Upper Peninsula Game: Ontonagon County is renowned for trophy Whitetail deer, black bear, ruffed grouse, and snowshoe hare. The mix of hardwood timber, thick cover, and natural game corridors provides a private wilderness preserve.
  • Historic Outbuildings & Sauna Shell: Includes two dedicated gear storage sheds. One structure previously functioned as an authentic Finnish sauna—a cultural staple in Upper Peninsula camps that can be restored.

Critical Development Considerations & Property Realities

A thorough real estate evaluation requires looking past marketing descriptions to examine physical systems, seasonal access, and structural maintenance items prior to placing an offer.

1. Compact Square Footage & Foundation Setup

  • 780 Sq. Ft. Floor Plan: While highly efficient as a seasonal retreat, vacation rental, or hunting camp, the 780-square-foot layout is compact for large, multi-generational families seeking permanent residential living.
  • Crawl Space Inspection: Built in 1969 on a crawl space foundation with aluminum siding. Buyers should conduct a standard crawl space inspection to evaluate floor joists, vapor barriers, and plumbing insulation for harsh UP winter freezes.

2. Road Maintenance & Seasonal Ingress

  • Gravel Road Frontage: Larson Road is a gravel road servicing rural Stannard Township. While municipal county snowplows service established township roads, buyers planning winter access via automobile or snowmobile should confirm local road maintenance schedules.

Comparative Market Analysis: How Does 15467 Larson Rd Measure Up?

To evaluate whether $159,000 represents a fair purchase price, we must compare it against regional land baselines in Ontonagon County and nearby Western Upper Peninsula sales.

Western Upper Peninsula Real Estate Valuation Matrix

Property Category / LocationAverage Price Per AcreEquivalent Value for 53 Acres
15467 Larson Rd (Subject Property)$3,000 / Acre Total Basis$159,000 (Actual Reduced Price)
Ontonagon County Raw Timberland Average$2,200 – $2,800 / Acre$116,600 – $148,400 (Land Only)
Turnkey Camps with 40–80 Acres (Western UP)$3,500 – $4,500 / Acre$185,500 – $238,500
Local Zip Code 49912 Land/Home Target$3,200 / Acre Baseline$169,600 Baseline Target

Upper Peninsula Land & Turnkey Camp Valuation Comparison

Property BenchmarkTotal Market ValueAverage Valuation Per AcreEquity & Pricing Takeaway
15467 Larson Rd (Subject Property)$159,000~$3,000 / AcreIncludes 53 acres + furnished home + well & septic
Raw Land Baseline (Ontonagon County)$132,500~$2,500 / AcreRaw timberland average without utilities or home
Turnkey Camp Average (Western UP)$212,000~$4,000 / AcreAverage regional price for 50+ acres with structures

Market Comparative Takeaway

  1. Near Raw Land Parity: Unimproved 50-plus acre wooded parcels without utilities or structures in Ontonagon County routinely sell between $115,000 and $145,000 ($2,200–$2,700/acre).
  2. Substantial Built-In Equity: At $159,000, a buyer acquires the 53 wooded acres near raw land cost. This means the 780 sq. ft. furnished home, drilled well, septic system, power connection, two sheds, and hunting blinds are acquired for a minimal incremental investment.

Comprehensive Financial & Carrying Cost Breakdown

At $159,000, analyzing this listing requires evaluating fixed monthly carrying costs against property tax baselines in Stannard Township.

Fixed Monthly Carrying Cost Proforma

Expense CategoryEstimated Monthly OverheadCalculation Basis & Notes
Principal & Interest (80% LTV)$825 / MonthBased on $127,200 loan balance @ 6.75% interest (30-yr fixed)
Property Taxes$97 / MonthDerived from Stannard Township annual tax assessment ($1,160/year)
Hazard & Camp Insurance$65 / MonthEstimated seasonal residence/camp liability policy
Total Estimated Fixed Carrying Overhead~$987 / MonthExcludes variable electricity, wood fuel, and maintenance

Location & Regional Proximity

Situated off Larson Road in Bruce Crossing, MI, the property balances quiet wilderness seclusion with convenient access to regional outdoor recreational landmarks and highway corridors.

Destination / LandmarkDistance / Drive TimeLocation Utility & Strategic Value
US-45 & M-28 Junction (Bruce Crossing)~8 Minutes (~5.5 Miles)Local gas, supplies, dining, and main regional highway connections
Ewen-Trout Creek School District~12 MinutesLocal public K-12 school district servicing the area
Bond Falls Scenic Site~15 MinutesFamous waterfalls, fishing, hiking, and state park recreation
Lake Gogebic (Bergland, MI)~25 MinutesMichigan’s largest UP inland lake; world-class walleye/perch fishing
Ottawa National Forest Borders< 10 MinutesHundreds of thousands of acres of contiguous public hunting land
Ironwood, MI / Wisconsin Border~45 MinutesRegional hospital, big-box shopping, downhill ski resorts & airport

Pros vs. Cons Analysis

The Pros (Why You Should Buy)

  1. Turnkey & Fully Furnished: Comes equipped with furniture, beds, appliances, and cookware—zero initial setup capital required.
  2. Recent $15,900 Price Reduction: Motivated seller lowered the price to $159,000, creating an attractive acquisition basis.
  3. Complete On-Site Utilities: Features a private drilled well, operational septic tank, connected grid power, and phone availability.
  4. 53 Wooded Acres with Hunting Blinds: Includes established internal trails, ground hunting blinds, and mature forest cover.
  5. Ultra-Low Fixed Holding Overhead: Property taxes sit at an affordable $1,160 per year (~$97/month).

The Cons (Key Considerations)

  1. Compact Structural Footprint: The 780 sq. ft. home features small bedroom dimensions (e.g., 11’x9′, 13’x8′).
  2. Gravel Road Ingress: Requires winter four-wheel-drive vehicles or snowmobiles during heavy UP snowstorms.
  3. Crawl Space Maintenance: Demands periodic checks on plumbing insulation and crawl space moisture barriers.

Final Investment Verdict & Strategy

The Verdict: HIGHLY RECOMMENDED — An outstanding purchase for hunters, outdoorsmen, off-grid preppers, or land banking investors seeking 50+ acres with a turnkey, furnished home under $160,000.

15467 Larson Rd offers an exceptional ratio of spatial land scale, turnkey structural utility, and pre-installed infrastructure. Buying 53 continuous acres for $159,000—with grid power, drilled well, septic, furniture, and hunting blinds already in place—creates a strong foundation for immediate recreational enjoyment and long-term land equity growth.

Suggested Action Plan & Bidding Strategy:

Given that turnkey hunting camps on 50+ acres under $170,000 generate fast market interest ahead of the fall hunting season, enter a clean offer between $148,000 and $155,000.

Ensure your purchase agreement includes standard contingencies to:

  1. Conduct a crawl space, roof, and structural inspection on the 1969 frame home.
  2. Perform a flow and purity test on the private drilled water well.
  3. Inspect the septic tank and verify boundary lines along the 1,320-foot road frontage.

Listed on Zillow

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