N4937 River Dr, Wallace, MI 49893
Property image
Property image
FOR SALE
2.32 ACRES

$369,000

Original price: $379,000
  • 6 Beds
  • 3.5 Baths
  • 3,347 sqft (on 2.32 acres)

N4937 River Dr, Wallace, MI 49893

Est. Mortgage $2,348/mo*
Get Pre-Qualified

Home Highlights

Mobile/Manufactured
Built in 1999
2.32 acre lot
$110/sqft
Garage

Local Information

  • Map ViewExplore the area around N4937 River Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Endless possibilities await with this expansive six-bedroom home set on over two acres along the beautiful Menominee River, offering approximately 300 feet of river frontage. Originally constructed for adult foster care use, this unique property was thoughtfully designed with space and functionality in mind, making it ideal for a large household, multi-generational living, care facility potential, Airbnb investment, or an incredible family vacation retreat. Offering over 3,300 square feet of main-level living plus a full basement, the home features six bedrooms, three full bathrooms, one half bathroom, and a dedicated office that could easily serve as a seventh bedroom if desired. Inside, you will find a spacious kitchen, expansive dining room, comfortable living room, cozy sitting room, and a sun room filled with natural light, creating multiple gathering spaces throughout the home. Step outside onto the back deck and enjoy the peaceful yard and riverfront setting. Additional highlights include a fenced-in backyard, four-stall garage, and ample room for storage, hobbies, or recreational use. A fire suppression system is already in place and would require re-certification. Rare opportunity to own a sizable riverfront property with exceptional flexibility, space, and income-producing potential.
Last check for updates: about 2 hours ago
Listing courtesy of MELISSA MIKUS, (906) 420-2404
UPWARDS REAL ESTATE, (906) 786-8747
Originating MLS: Upper Peninsula Assoc of Realtors
Source: MiRealSource, MLS#50207491

Home Details for N4937 River Dr

Interior Features

Interior Details
Basement: Block,Full,Exterior Entry,Interior Entry,UnfinishedNumber of Rooms: 16Types of Rooms: Master Bedroom, Bedroom, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom, Bathroom 1, Bathroom 2, Bathroom 3, Dining Room, Family Room, Kitchen, Living Room, Office
Beds & Baths
Number of Bedrooms: 6Main Level Bedrooms: 6Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1Number of Bathrooms (main level): 3
Dimensions and Layout
Living Area: 3347 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas Not Available, Propane Tank LeasedAppliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Gas Water HeaterDishwasherDryerLaundry: First Floor LaundryMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,PropaneHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Living RoomHas a Fireplace
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Window: Window TreatmentsFlooring: Linoleum, Laminate
Levels, Entrance, & Accessibility
Stories: 1Levels: OneAccessibility: Wheelchair Access, Wheelchair AccessibleFloors: Linoleum, Laminate
View
Has a ViewView: River
Security
Security: Fire Sprinkler System

Exterior Features

Exterior Home Features
Patio / Porch: Deck, PorchFencing: FencedOther Structures: Shed(s)Foundation: BasementNo Private Pool
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4No CarportHas a GarageNo Attached GarageNo Open ParkingParking Spaces: 4Parking: Garage,Detached
Frontage
WaterfrontWaterfront: Lake/River Access, River Front, WaterfrontRoad Frontage: Access, City/County, Country, Year RoundOn Waterfront
Water & Sewer
Sewer: Septic TankWater Body: Menominee River
Farm & Range
Frontage Length: 321
Finished Area
Finished Area (above surface): 3347 Square Feet

Days on Market

Cumulative Days on Market: 120Days on Market: 121

Property Information

Year Built
Year Built: 1999
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence, Manufactured HomeStructure Type: Manufactured House, ResidentialArchitecture: Manufactured House,Residential
Building
Construction Materials: Vinyl Siding, Vinyl TrimNot a New ConstructionDoes Not Include Home Warranty
Property Information
Parcel Number: 00913100550

Price & Status

Price
List Price: $369,000Price Per Sqft: $110
Status Change & Dates
Possession Timing: Negotiable

Active Status

MLS Status: Active

Location

Direction & Address
City: WallaceCommunity: None
School Information
Elementary School District: Stephenson Area Public SchoolsJr High / Middle School District: Stephenson Area Public SchoolsHigh School District: Stephenson Area Public Schools

Agent Information

Listing Agent
Listing ID: 50207491

Building

Building Area
Building Area: 6694 Square Feet

HOA

Association for this Listing: Upper Peninsula Assoc of RealtorsNo HOA

Lot Information

Lot Area: 2.32 Acres

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional

Mobile R/V

Mobile Home Park
Mobile Home Type: Manufactured After 1976

Miscellaneous

BasementMls Number: 50207491Water ViewWater View: RiverAbove Grade Unfinished Area: 3347Days In Mls: 120

Additional Information

Source Internet Entire Listing Display

Market trends in Wallace

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
9
2
MoM

Home Value

Trulia Estimate
$354K
Since last month
Decreased$22K (-6%)
Since last year
Decreased$21K (-5.6%)
Since last sale
Increased$129K (+57.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +64% in the last 10 years
MonthEstimated value
2026
September 2026$354K
August 2026$356K
July 2026$376K
June 2026$401K
May 2026$398K
April 2026$340K
March 2026$337K
February 2026$325K
January 2026$320K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5.47
Mobile / Manufactured
$210,000
06/26/26
3
2
1,400
5.43
Mobile / Manufactured
$75,000
01/16/26
2
1
1,124
5.80
Mobile / Manufactured
$60,000
09/04/26
2
1
913

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.22
$150,500
3
2
1,120
Off Market
0.36
$321,200
3
2
1,636
Off Market
0.41
$66,000
-
-
-
Recently Sold
0.47
$263,500
2
1
1,024
Recently Sold
0.92
$163,900
2
1
720
Off Market
0.95
$170,800
3
1
1,347
Off Market
1.04
$440,300
2
3
2,700
Off Market
1.09
$243,000
3
1
1,800
Off Market
1.14
$191,600
1
1
685
Off Market
1.15
$222,900
3
1.5
1,540
Off Market
1.33
-
-
-
-
Off Market

Price and Tax history

DateEventPrice
Sep 11, 2026
Source: MiRealSource #50207491
PriceChange
$369,000
Price decreased by 3%
Aug 1, 2026
Source: MiRealSource #50207491
PriceChange
$379,000
Price decreased by 5%
May 14, 2026
Source: MiRealSource #50207491
Listed For Sale
$399,000
Oct 31, 2024
Source: WIREX MLS #50293819
ListingRemoved
$385,900
Sep 23, 2024
Source: RANW as distributed by MLS GRID #50293819
PriceChange
$385,900
Price decreased by 4%

LGBTQ Local Legal Protections

MELISSA MIKUS, UPWARDS REAL ESTATE, (906) 786-8747
Agent Phone: (906) 420-2404
Source MLS: MiRealSource Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Click here for more information

Similar Homes You May Like

Skip to last item
Skip to first item

New Listings near N4937 River Dr

Skip to last item
Skip to first item

Frequently asked questions about N4937 River Dr

  • When was N4937 River Dr built?
    N4937 River Dr in Wallace, MI was built in 1999.
  • What are the closest schools to N4937 River Dr?
    The closest schools to N4937 River Dr in Wallace, MI are Stephenson High School (Elementary/Middle, rated 7/10).
  • Is Wallace a buyer's or seller's market?
    Wallace is currently a seller's market, based on recent for-sale activity.
  • What is the price history for N4937 River Dr?
    N4937 River Dr in Wallace, MI last sold for $225,000 in September 2008.
  • Does N4937 River Dr have air conditioning?
    Yes, N4937 River Dr in Wallace, MI has air conditioning.
  • Does N4937 River Dr have laundry facilities?
    Yes, N4937 River Dr in Wallace, MI has in-unit laundry.
N4937 River Dr, Wallace, MI 49893 is a 6 bedroom, 4 bathroom, 3,347 sqft mobile/manufactured built in 1999. This property is currently available for sale and was listed by MiRealSource on May 14, 2026. The MLS # for this home is MLS# 50207491.