LKV Realty
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$159,000
$900Reward *
517 W Victory Way, Newberry, MI 49868Listing ID 50215347

517 W Victory Way, Newberry, MI 49868

Active
Time on site: 30 daysLast updated: Jul 17, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence,1 to 4 Units,Investment
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
1
Square Feet
Square Feet
1,128
Acres
Acres
2.31
Days on Site
Days on Site
29
Cooling
Cooling
None
Heating
Heating
Natural Gas, Forced Air
Year Built
Year Built
1948
Stories
Stories
1
Garages
Garages
2

Welcome to 517 West Victory Way, a charming Cape Cod-style home nestled on a spacious 2.31-acre parcel just outside of the Village of Newberry. This inviting three-bedroom, one-bath home offers 1,128 square feet of comfortable living space, blending classic character with everyday functionality. Inside, you'll find a warm and welcoming layout with a beautiful bay window pouring in natural light, creating a comfortable place to call home. The detached two-car garage adds convenience and the expansive lot offers room to garden, play, or just enjoy the outdoors. All while being close to local amenities. And here's what makes this listing especially compelling! The adjoining second residence at 517 1/2 is included in the sale. Together on one parcel, this rare two-home setup offers possible rental income, space for extended family, or a smart owner-occupant investment strategy. Live in one, rent the other. It's a unique opportunity with flexibility and long-term upside! 517½ West Victory Way adds a practical second residence to this unique two-home property. This approximately 960-square-foot, two-bedroom home offers a comfortable layout suited for long-term rental use, extended living arrangements, or additional workspace. Its separate entrance and residential setting give occupants the feel of a stand-alone home while remaining conveniently located near Newberry amenities. Currently used as a full-time rental, 517½ provides established income potential from the start. The tenant is presently on a lease arrangement, giving a new owner flexibility to continue the rental relationship, adjust future terms subject to applicable law, or incorporate the home into another long-term ownership plan. Buyers should verify lease terms, rental income, deposits, and occupancy details during due diligence. Both 517 and 517½ are located on the same parcel and are being sold together. Utilities are interconnected and metered through 517, making this a distinctive investment opportunity for an owner seeking two residences in one transaction. Live in the main home while continuing to rent the second, or operate both as long-term rentals for added potential. Information is deemed reliable but not guaranteed. Buyers and buyers’ agents should independently verify all information, including square footage, room dimensions, acreage, taxes, property boundaries, utilities, zoning, permitted use, rental status, and the condition of all structures and systems. Property is offered in compliance with federal, state, and local fair housing laws

Property Information

Property Details

Location

Address
517 W Victory Way
County
Luce
City
Newberry
Zip Code
49868
School District
Tahquamenon Area Schools
MLS Area
McMillan Twp (48003)
FIVE STAR REAL ESTATE, (231) 778-1200

Interior Features

Beds and Baths

Bedrooms
3
Full Bathrooms
1

Building

Building Information

Square Feet
1,128
Year Built
1948
Stories
1
Construction
Aluminum Siding
Foundation
Basement, Crawl

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$2,110

Market Report for 49868

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MiRealSource
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Originating 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.

For corrections to this data please contact Brytecore MLS Support.

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