Olson Loop Rd, Iron River, MI 49935
Property image
Property image
FOR SALE
NEW - 1 DAY AGO
40 ACRES

$125,000

    Olson Loop Rd, Iron River, MI 49935

    Est. Mortgage $915/mo*
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    Home Highlights

    Lot/Land
    40 acre lot

    Local Information

    • Map ViewExplore the area around Olson Loop Rd.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    What's unique:On nelson lakeBlend of mature woodsLake frontageRolling terrainQuiet and scenic setting
    Escape to the beauty of Michigan's Upper Peninsula with this exceptional 40-acre vacant land parcel on Nelson Lake near Iron River. Featuring a blend of mature woods, rolling terrain, and lake frontage, this property offers outstanding opportunities for recreation, hunting, fishing, and future development. Enjoy direct access to Nelson Lake, a quiet and scenic setting ideal for kayaking, canoeing, and casting a line from your own property. The surrounding forest provides excellent wildlife habitat, making it a prime destination for outdoor enthusiasts seeking deer, grouse, and other Northwoods game. Whether you're looking to build a secluded cabin, create a private family retreat, or invest in a large acreage waterfront property, this parcel offers the privacy and natural beauty you've been searching for. Located just a short drive from Iron River's amenities while still providing the peace and solitude of the Northwoods. NOTICE: Information provided is believed to be reliable but is not guaranteed. Buyers are responsible for independently verifying all property information, including acreage, boundaries, access, property taxes, zoning, and other material facts. Property taxes may vary from those paid by the current owner. Buyers should contact the local tax authority to determine their specific tax obligations and verify zoning, permitted uses, and any applicable restrictions with the appropriate local authority prior to purchase.
    Last check for updates: about 12 hours ago
    Listing courtesy of PATRICK BLANZY, (906) 396-5779
    AMERICAN FOREST MANAGEMENT
    Originating MLS: Upper Peninsula Assoc of Realtors
    Source: MiRealSource, MLS#50223958

    Home Details for Olson Loop Rd

    Interior Features

    Appliances & Utilities
    Utilities: None
    Fireplace & Spa
    Has a Fireplace
    View
    Has a ViewView: Water, Lake

    Exterior Features

    Frontage
    WaterfrontWaterfront: Lake Front, WaterfrontRoad Frontage: City/County, Year RoundOn Waterfront
    Water & Sewer
    Sewer: NoneWater Body: Nelson Lake
    Farm & Range
    Frontage Length: 1320

    Days on Market

    Days on Market: 1

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: 00417100500

    Price & Status

    Price
    List Price: $125,000
    Status Change & Dates
    Possession Timing: Close Of Escrow

    Active Status

    MLS Status: Active

    Location

    Direction & Address
    City: Iron River
    School Information
    Elementary School District: West Iron County School DistrictJr High / Middle School District: West Iron County School DistrictHigh School District: West Iron County School District

    Agent Information

    Listing Agent
    Listing ID: 50223958

    HOA

    Association for this Listing: Upper Peninsula Assoc of RealtorsNo HOA

    Lot Information

    Lot Area: 40 Acres

    Offer

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

    Miscellaneous

    Mls Number: 50223958Water ViewWater View: Water, Lake

    Additional Information

    Source Internet Entire Listing Display

    Around this home

    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    What Locals Say about Iron River

    At least 11 Trulia users voted on each feature.
    • 100 % Say parking is easy

    • 94 % Say car is needed

    • 94 % Say yards are well-kept

    • 89 % Say kids play outside

    • 88 % Say it's dog friendly

    • 86 % Say there's holiday spirit

    • 82 % Say people would walk alone at night

    • 73 % Say there's wildlife

    • 71 % Say there are sidewalks

    • 68 % Say neighbors are friendly

    • 67 % Say it's walkable to grocery stores

    • 67 % Say streets are well-lit

    • 60 % Say it's walkable to restaurants

    • 33 % Say there are community events

    • 27 % Say they plan to stay for at least 5 years

    • 24 % Say it's quiet

    Sourced by Trulia users. Learn more about our methodology.
    • Amber
      "We live in a place where other people vacation. The people here are welcoming to visitors and would go out of their way to help a neighbor."
    • Rhondaseguin
      "A small town. No public transportation. You can walk to just about anything. My commute to work is about 2 miles."
    • Rhondaseguin
      "I live 1.5 miles from my work and often walk or ride my bike. Not very busy roads on my commute. I work at a local physicians office located next to the hospital"

    Market trends in Iron River

    Last updated August 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    47
    3
    MoM

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    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
    1.68
    Lot/Land
    $45,000
    03/25/26
    -
    -
    4.36
    Lot/Land
    $40,000
    07/10/26
    -
    -
    4.35
    Lot/Land
    $20,000
    09/17/26
    -
    -
    5.67
    Lot/Land
    $155,000
    01/21/26
    -
    -
    5.95
    Lot/Land
    $157,500
    12/08/25
    -
    -

    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
    0.17
    -
    Studio
    -
    -
    Off Market
    0.21
    $124,900
    -
    -
    -
    For Sale
    0.21
    $380,500
    Studio
    -
    -
    Off Market
    0.29
    $196,200
    Studio
    -
    -
    Off Market
    0.35
    $98,500
    3
    2
    1,408
    Off Market
    0.41
    -
    Studio
    -
    -
    Off Market
    0.42
    $210,900
    Studio
    -
    -
    Off Market
    0.45
    -
    -
    -
    -
    Off Market
    0.54
    $1,038,200
    4
    4
    6,600
    Off Market
    0.56
    -
    Studio
    -
    -
    Off Market
    0.61
    $169,400
    2
    1
    995
    Off Market
    0.68
    $256,500
    Studio
    -
    -
    Off Market
    0.70
    -
    Studio
    -
    -
    Off Market
    0.75
    -
    Studio
    -
    -
    Off Market
    0.77
    -
    Studio
    -
    -
    Off Market
    0.78
    -
    Studio
    -
    -
    Off Market
    0.80
    -
    -
    -
    -
    Off Market
    0.83
    -
    Studio
    -
    -
    Off Market
    0.83
    $164,400
    2
    1
    800
    Off Market
    0.83
    -
    -
    -
    -
    Off Market

    Price and Tax history

    DateEventPrice
    Oct 6, 2026
    Source: MiRealSource #50223958
    Listed For Sale
    $125,000

    LGBTQ Local Legal Protections

    PATRICK BLANZY, AMERICAN FOREST MANAGEMENT
    Agent Phone: (906) 396-5779
    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

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    Olson Loop Rd, Iron River, MI 49935 is a lot/land. This property is currently available for sale and was listed by MiRealSource on Oct 6, 2026. The MLS # for this home is MLS# 50223958.