LKV Realty
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$379,000
$1,900Reward *
N4937 River Drive, Wallace, MI 49893Listing ID 50207491

N4937 River Drive, Wallace, MI 49893

Active
Time on site: 95 daysLast updated: Aug 1, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
6
Bathrooms
Bathrooms
4
Square Feet
Square Feet
3,347
Acres
Acres
2.32
Days on Site
Days on Site
95
Cooling
Cooling
Central Air
Heating
Heating
Propane, Forced Air
Year Built
Year Built
1999
Stories
Stories
1
Garages
Garages
4
Parking
Parking
Garage

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.

Property Information

Property Details

Location

Address
N4937 River Drive
County
Menominee
City
Wallace
Zip Code
49893
School District
Stephenson Area Public Schools
MLS Area
Mellen Twp (55014)
UPWARDS REAL ESTATE, (906) 786-8747

Interior Features

Beds and Baths

Bedrooms
6
Main Level Bedrooms
6
Full Bathrooms
3
Half Bathrooms
1
Bedroom Features
Floor: Laminate

Building

Building Information

Square Feet
3,347
Year Built
1999
Stories
1
Construction
Vinyl Siding, Vinyl Trim
Foundation
Basement

Property Taxes

Tax Annual Amount
$5,811
Tax Year
2025

Market Report for 49893

* 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
MiRealSource logo
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.

UP5633