Welcome to your own little slice of waterfront living! This 3-bedroom, 1-bath home sits along the beautiful Pine River, offering peaceful views and a relaxing setting right outside your door. The home is currently livable but does need some TLC and updating, making it a great opportunity for someone looking to build equity and make a home their own. Whether you're searching for a year-round residence, weekend getaway, or investment property, there's plenty of potential here. Imagine enjoying your morning coffee overlooking the river, spending summer days by the water, and ending the evening listening to the river flow. With a little work and your personal touches, this could become an incredible waterfront retreat. Waterfront opportunities like this don't come along every day. Bring your ideas and make this Pine River property your own!
Single-familyProperty Type
1920Year Built
0.62 acresLot Size
$47Price/Sq.Ft.
Listed by Rachel Shoemaker• FIVE STAR REAL ESTATE - MT. PLEASANT
Welcome to your own little slice of waterfront living! This 3-bedroom, 1-bath home sits along the beautiful Pine River, offering peaceful views and a relaxing setting right outside your door. The home is currently livable but does need some TLC and updating, making it a great opportunity for someone looking to build equity and make a home their own. Whether you're searching for a year-round residence, weekend getaway, or investment property, there's plenty of potential here. Imagine enjoying your morning coffee overlooking the river, spending summer days by the water, and ending the evening listening to the river flow. With a little work and your personal touches, this could become an incredible waterfront retreat. Waterfront opportunities like this don't come along every day. Bring your ideas and make this Pine River property your own!
MiRealSource-MiMLS #80073483
Sep 12, 2026
Listed
$100,000
$47/sq ft
Year
Property tax
Land + Additions
Assessment*
2003
$98
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.62 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Single Family Residential
County
Gratiot County
APN
51-031-336-00
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 22, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 98° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Alma, MI • 48801
Average low and high temperatures (°F)
26
14
32
18
49
28
59
38
66
46
79
58
83
63
80
57
77
51
65
42
47
33
33
21
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.5 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 321 Ely St
$98,655
$1,345 under list price of $100K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $135K to $195K.