12447 Cold River Drive SE
FifeLake, MI 49633
- 3 beds
- 1 bath
- 700 sqft
- ~50 acre lot
- $570 per sqft
- 1952 build
- – on site
Rare opportunity to own nearly 50 acres with a half mile of Manistee River frontage in the coveted Flies Only section--one of Michigan's premier trout fisheries. Tucked at the end of Cold River Dr., this secluded, family-owned property (since the 1950s) features a 700 sq ft cabin with power, well, and septic, set right on the river with an expansive front lawn. A 352 sq ft shed with a concrete floor is perfect for all your hunting and fishing gear. Protected by a Conservation Easement, the land offers world-class fly fishing, outstanding hunting for whitetail, waterfowl, black bear, and upland birds, and unmatched peace and privacy. Don't miss your chance to own this one-of-a-kind legacy property--opportunities like this are incredibly rare and won't last long. Call today for a private tour
Last checked:
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Checking…
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Last updated May 10, 2025
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MLS# 72025020272 —
The Building
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Year Built:1952
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Construction Materials:Log
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Structure Type:Cabin
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Roof:Metal
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Stories:1
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Foundation Details:Slab
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Above Grade Finished Area:700.0
Interior
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Fireplace:true
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Fireplaces Total:1
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Fireplace Features:LivingRoom
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Laundry Features:None
Room Dimensions
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Living Area:700.0
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Living Area Units:SquareFeet
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Living Area Source:Other
Location
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Directions:USE ADDRESS: 12447 Cold River Dr, Grayling, MI 49738 or 12447 Cold River Dr Se, Fife Lake, MI, 49633 depending on your GPS preference. From Sunset Trail at the CCC Bridge State Forest Campground; Follow King Rd east approximately 3 miles to Brooks and turn left. Take Brooks to Cold River Dr and turn right. Property is at the NE end of Cold River Drive.
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Cross Street:Cold River Dr SE & Brooks Rd
The Property
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Parcel Number:00102800200
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Lot Features:AdjacenttoPublicLand, Easement, Other, Wooded
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Lot Size Acres:49.89
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Lot Size Area:2173252.0
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Lot Size Dimensions:IRR
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Lot Size Units:SquareFeet
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Zoning Description:Residential
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View:Water
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Other Structures:Sheds
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Water Frontage Feet:2625.0
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Waterfront Features:PrivateWaterFrontage, RiverFront, WaterAccessRights
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Water Body Name:Manistee River
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Road Frontage Type:Easement
Listing Agent
- Contact info:
- Agent phone:
- (616) 293-0493
- Office phone:
- (231) 652-7000
Taxes
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Tax Legal Description:ALL THAT PART OF NW 1/4 OF NE 1/4 LYING S OF MANISTEE RIVER AND ALL THAT PART OF NE 1/4 OF NW 1/4 LYING S OF MANISTEE RIVER EXC: PART LYING IN COLD RIVER GARDENS SEC 28 T26N-R5W CONSERVATION EASEMENT IN FAVOR OF GRAND TRAVERSE REGIONAL LAND CONSERVAN CEY RECORDED AT KALKASKA COUNTY REGISTER OF DEEDS # 3092116 (''FISHERMAN'S BEND)
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Tax Assessed Value:44610
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Tax Annual Amount:1969.2
Beds
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Total Bedrooms:3
Baths
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Total Baths:1
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Full Baths:1
Heating & Cooling
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Heating:Propane, WallFurnace
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Heating:true
Utilities
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Sewer:SepticTank
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Water Source:Well
Schools
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High School District:Kalkaska
The Community
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Waterfront:true
Parking
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Garage:true
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Garage Spaces:1.0
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Parking Features:Detached, Unpaved
IDX provided courtesy of Realcomp II Ltd., via Estately and West Central Association of REALTORS, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Monthly cost estimate

Asking price
$399,000
Expense | Monthly cost |
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Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,136
|
Taxes | $164 |
Insurance | $109 |
Utilities | $138 See report |
Total | $2,547/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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5/10/25
May 10, 2025
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Pending | REALCOMP | $399,000 | |
5/7/25
May 7, 2025
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Listed / Active | REALCOMP | $399,000 |