4987 Loeb Road, Charlevoix, MI, 49720

Save
Ask
Tour
Hide
Share
$1,495,000
11 Days On Site

4987 Loeb Road
Charlevoix, MI 49720

For Sale|Multi Family|Active
0
Beds
0
Total Baths
6,317
SqFt
$237
/SqFt
County:
Charlevoix
Call Now: 231-242-8100
Is this the listing for you? We can help make it yours.
231-242-8100
4987 Loeb Road4987 Loeb Road4987 Loeb Road4987 Loeb Road
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$6,821
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

Step into a piece of Northern Michigan history with this extraordinary estate in Charlevoix. Spanning two acres, this unique property brings together three distinct buildings—the historic stone Loeb Schoolhouse, a carriage house, and a duplex—into one spectacular compound. Lovingly renovated by an artistic craftsman, the estate currently features 7 rentable units, with the township allowing for a total of 8, offering a highly lucrative turnkey or value-add investment opportunity. The crown jewel of the estate is the historic 1917 old schoolhouse. The main schoolhouse showcases exceptional cut stone craftsmanship and preserved historic character throughout. It currently features a stunning sunrise-view loft under construction, offering the perfect canvas to design a massive, luxurious owner's suite. Below, an expansive lower level provides limitless potential for storage, a creative studio, workshop, or custom home gym. Whether you are looking for a high-yield investment or have the creative vision to develop a premier boutique compound, the sky is the limit on this property's potential.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$1,495,000
Days On Site 
11 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,317 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS® Number 
480690
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
yesterdayStatus changed to Active
2 weeks agoListing first seen on site
General Features
Property Sub Type 
Multi Family
Sewer 
Septic Tank
SqFt Total 
6317
Water Source 
Public
Zoning 
Commercial
Interior Features
Basement 
Crawl SpaceFull
Heating 
Natural Gas
Save
Ask
Tour
Hide
Share
Exterior Features
Roof 
Asphalt
Community Features
School District 
Charlevoix
Township 
Marion
Schools
School District
Charlevoix
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Matthew Murray of Berkshire Hathaway HomeServices Real Estate (231) 547-9905

Listing information is provided by Participants of the Northern Michigan MLS. IDX 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. Information is deemed reliable but not guaranteed. Copyright 2026, Northern Michigan MLS
Last checked 2026-09-14 10:41 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share