For Sale
Single family home for sale at N4937 River Dr, Wallace, MI 49893 | MLS# 50207491 | Listing updated on 2026-09-11
Photo 1 of Single family home for sale at N4937 River Dr, Wallace, MI 49893 | MLS# 50207491 | Listing updated on 2026-09-11
Photo 2 of Single family home for sale at N4937 River Dr, Wallace, MI 49893 | MLS# 50207491 | Listing updated on 2026-09-11
Photo 3 of Single family home for sale at N4937 River Dr, Wallace, MI 49893 | MLS# 50207491 | Listing updated on 2026-09-11
Photo 4 of Single family home for sale at N4937 River Dr, Wallace, MI 49893 | MLS# 50207491 | Listing updated on 2026-09-11
90+
Beds Icon

Street View

$369,000

Monthly Est:$1,837

  • Beds Icon6 Beds
  • Beds Icon
    4 Baths
  • Beds Icon3,347sqft

N4937 River Dr, Wallace, MI 49893

$1,837/moEst:

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  • Single Family Residence

  • Built in 1999

  • $-- HOA

  • 2.32 acres lot

  • $110/sq.ft

Description

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.

  • Houzeo last checked: 0 minutes ago
  • Listing updated: September 11, 2026 at 6:35 pm
  • Listing Provided by: MELISSA MIKUS (906) 420-2404 DRE #6506046998 | UPWARDS REAL ESTATE (906) 786-8747
  • Source: MiRealSource MLS-MI | MLS#: 50207491 MiRealSource MLS-MI

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    1

  • County

    Menominee County

  • City

    Wallace

  • Neighborhood

    --

  • Year Built

    1999

  • HOA Fees

    -

  • Finished Area

    3,347 sqft

  • Lot Size

    2.32 acres lot

  • Basement Area

    - sqft

  • MLS Name

    MiRealSource MLS

  • MLS Number

    50207491

  • MLS Status

    Active

  • Days on Market

    150

  • Cumulative Days on Market

    120

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 6

    Bathrooms: 4

Interior

  • Heating

    Propane, Forced Air

  • Sewer

    Septic Tank

  • Appliances

    Dishwasher, Dryer, Microwave, Range/oven, Refrigerator, Washer, Gas Water Heater

  • Cooling

    Central Air

  • Interior Features

    Sump Pump

  • Window Features

    Window Treatments

Construction

  • Year Built

    Year Built: 1999

  • Home type

    Single Family Residence

  • Construction Materials

    Vinyl Siding, Vinyl Trim

  • Foundation Details

    Basement

Utilities & Energy

  • Basement

    Block, Full, Exterior Entry, Interior Entry, Unfinished

  • Water Source

    Private Well

  • Security Features

    Fire Sprinkler System

  • Utilities

    Electricity Connected, Natural Gas Not Available, Propane Tank Leased

  • Fireplace Features

    Living Room

  • Parking Features

    Garage

  • Electric

    Circuit Breakers

Other Features

  • Disclosures

    Signed Disclosure

  • Subdivision Name

    None

  • Patio And Porch Features

    Deck, Porch

  • Lot Features

    Deep Lot 150+ Ft., Rural, Irregular Lot

Price History

DateEventPrice

09/11/2026

Source: mls_logoMiRealSource MLS-MI #50207491

Price Decreased

$369,000 -2.64%

$110/sqft

07/31/2026

Source: mls_logoMiRealSource MLS-MI #50207491

Price Decreased

$379,000 -5.01%

$113/sqft

05/14/2026

Source: mls_logoMiRealSource MLS-MI #50207491

Listed for Sale

$399,000

$119/sqft

Nearby Homes

Based on information from MiRealSource through Oct 11, 2026, 11:15PM . All information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Provided through IDX via MiRealSource, Inc. Courtesy of MiRealSource Shareholder. © 2026 MiRealSource. All Rights Reserved.

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