507 River Street

Off Market

507 River Street

Luther MI 49656

784 sq. ft.

0.4 ac.

Single-Family

Last sold for $155,000

Barry Fall, last sold this property on 26 June 2026 after 21 days on market.

Overview

Looking for an affordable Up North getaway, year-round home, or investment property with extra living space? This beautifully maintained and recently updated 1-bedroom, 1-bath home in the Village of Luther offers far more than meets the eye! The main home features 784 square feet of comfortable living space, highlighted by a cozy fireplace, numerous recent updates, and a whole-house backup generator for added peace of mind. But the real bonus is the detached garage with a newly finished 270-square-foot living area complete with its own full bathroom. This versatile space is perfect as a guest suite, mother-in-law suite, teenager retreat, home office, hobby room, or potential second bedroomâ€”adding incredible flexibility and value rarely found in this price range. Situated on a spacious corner lot, you'll enjoy plenty of room for outdoor activities while being just minutes from some of Northern Michigan's best recreation. Luther is known for its proximity to thousands of acres of state land, ORV and snowmobile trails, rivers, lakes, camping, hunting, fishing, hiking, and outdoor adventure. The area is a popular destination for outdoor enthusiasts seeking year-round recreation and a true Pure Michigan lifestyle. Luther is also surrounded by scenic forests, trail systems, and easy access to the renowned Pine River corridor. Whether you're searching for a starter home, vacation retreat, hunting base camp, or property with separate guest quarters, this unique opportunity checks all the boxes. Don't miss your chance to own this versatile Northern Michigan gem!

Features

1 bedroom

2 bathrooms

2 carspaces

2 garage spaces

784 sq. ft. floor area

0.4 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 1 bedroom single-family properties sold in Luther over the last 12 months, the estimated median property value of 507 River Street is $98.45k.

Median value

$98.45k

Estimated value range

$52.25k - $225k

Median days on market

Estimated value trend

-42%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Luther. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 507 River Street

2026

Sold

$155,000

26 Jun 2026 by Barry Fall, of ERA Greater North Properties

Happy sellers in Luther

We have insufficient information to provide an overview of customer satisfaction for Luther. Viewing the agent profiles, reviews and sales for Luther can provide insights for this location.

Local market activity for 1 bedroom single-family properties in Luther

In the last 12 months, 7 one-bedroom single-family properties similar to 507 River Street, have been sold.

This represents a 300% decrease in one-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Luther for a market analysis.

Brittany Felde

at Felde Realty

(146 reviews)

Get a market analysis

Kurt Snyder

at Crossroads Realty of Michigan

Get a market analysis

Jennifer Hastings

at KEY REALTY ONE

(21 reviews)

Get a market analysis

Audrey Taber

at Irons Real Estate

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Luther

Brittany Felde

Sellers who recommend Brittany Felde have praised them for being local expert, responsive, clear communication, reliable, dedicated, supportive, and friendly