000 County Road 553, Marquette, MI 49855
Local realty services provided by:CENTURY 21 Signature Realty
000 County Road 553,Marquette, MI 49855
$5,766,000
- 610.31 Acres
- Lots / Land
- Active
Listed by: daniel schummer
Office: landvest
MLS#:50181339
Source:MI_REALSOURCE
Price summary
- Price:$5,766,000
About this home
Exceptional Marquette Investment Opportunity Pelissier Lake is an exceptional opportunity to invest in a property with many desirable development attributes in one of Michigan’s most vibrant communities. Located in Marquette in Michigan’s Upper Peninsula, Pelissier Lake offers 610 acres of undeveloped forest with frontage on Pelissier Lake and Marquette County Road 553 (M553). With the proximity to the City of Marquette, current development trends, and the outstanding quality of the land base, there is no comparable opportunity in today’s market. Pelissier Lake is located approximately 4.5 miles south of US41-M28, and 1.5 miles south of Marquette Mountain on M553. As a result of this popularity and the need for growth in Marquette, the M553 corridor has seen several development projects featuring light manufacturing, commercial, and both multi-family and single-family residential homes in recent years. The property is superbly located to continue this trend and will provide an investor with a diverse collection of development opportunities. The property is currently undeveloped and features a high quality well-stocked northern hardwood forest. The site is gently rolling and as you get closer to Pelissier Lake, rock outcrops become visible with dramatic views of the lake and surrounding landscape. The property is accessed directly from M553 at multiple points and there is a well-developed network of interior woods roads that access the entire property. The timber inventory has not been updated, but there is considerable value in standing timber and the resource is poised to provide immediate cash flows while development opportunities are evaluated. The property features approximately 3,500 feet of frontage on Pelissier Lake and is zoned for residential development. The lake shore varies from nearly level to the south to modest elevation and slopes to the shore on the north. All the lakeshore is dominated by mature timber and rock outcrop features that evoke a wilderness aesthetic. This portion of the property is ideally suited for single family home development and provides a strong sense of privacy and solitude only five minutes from Marquette. All the property adjacent to M553 is zoned for commercial development. This zoning designation allows for unlimited opportunities in Sands Township. M553 is the primary commuter route between Marquette and many small communities to the south and the Michigan DOT calculated an average daily vehicle count of 8,444 vehicles in 2024. The remaining portions of the property to the east of M553 offer further opportunity. This portion of the property can also be accessed from Silver Creek Road and features exceptional timber quality and a gently rolling landscape. Possibilities exist for further recreational development, kingdom estates, or single-family development. In any case, the property is truly unique and unlike anything on the market in the greater Marquette area....
Contact an agent
Home facts
- Listing ID #:50181339
- Added:292 day(s) ago
- Updated:April 30, 2026 at 10:17 AM
Structure and exterior
- Lot area:610.31 Acres
- Lot Features:Rolling/Hilly, Sloping, Wooded
Finances and disclosures
- Price:$5,766,000
- Tax amount:$821
New listings near 000 County Road 553
- New
$299,999Active6 beds 2 baths2,068 sq. ft.110 Poplar Trail, MARQUETTE, MI 49855
MLS# 50324497Listed by: BECKMAN PROPERTIES - New
$674,900Active4 beds 3 baths3,967 sq. ft.30 Lakeview, Marquette, MI 49855
MLS# 50205462Listed by: RE/MAX 1ST REALTY - New
$225,000Active3 beds 1 baths1,169 sq. ft.325 W Wright, Marquette, MI 49855
MLS# 50205467Listed by: RE/MAX 1ST REALTY - New
$399,900Active4 beds 3 baths1,296 sq. ft.1800 Altamont, Marquette, MI 49855
MLS# 50205451Listed by: RE/MAX 1ST REALTY - New
$949,000Active4 beds 4 baths2,472 sq. ft.336 E Arch, Marquette, MI 49855
MLS# 50205424Listed by: CENTURY 21 PRIME REALTY - New
$329,900Active3 beds 2 baths1,240 sq. ft.tbd Bluebell, Marquette, MI 49855
MLS# 50205116Listed by: RE/MAX 1ST REALTY - New
$399,900Active3 beds 3 baths1,542 sq. ft.TBD Twinflower Floorplan, Marquette, MI 49855
MLS# 50205117Listed by: RE/MAX 1ST REALTY - New
$340,430Active4 beds 3 baths2,349 sq. ft.267 Co Rd 550, Marquette, MI 49855
MLS# 50204971Listed by: SELECT REALTY - New
$399,999Active280 AcresM28 E, Marquette, MI 49855
MLS# 50204946Listed by: SELECT REALTY - New
$289,000Active2 beds 1 baths832 sq. ft.2162 Bancroft, Marquette, MI 49855
MLS# 50204759Listed by: SELECT REALTY
Protect your home and budget from life's surprises with an Assurant Home Warranty, backed by a partner that supports you through every step of homeownership. Explore Plans.
©2026 Century 21 Real Estate LLC. All rights reserved. CENTURY 21®, the CENTURY 21 Logo and C21® are service marks owned by Century 21 Real Estate LLC. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Listing information is deemed reliable but not guaranteed accurate.