Enjoy beautiful views of the Portage Canal from this charming 2 bedroom, 1 bathroom ranch located on a quiet, low traffic dead end street in Hancock. Set on a double lot, the property offers plenty of outdoor space along with established gardens thoughtfully created by a previous owner who was a master gardener. Gardeners will appreciate the rain barrel, clothesline, and outdoor space ready to enjoy next spring. Inside, the convenient single level layout features both bedrooms, a full bathroom, kitchen, living space, and laundry all on the main floor. The home is functional as is while offering an opportunity for a new owner to make cosmetic updates and add their own style over time. Solid mechanical features include a durable metal roof, Goodman forced air furnace, and water heater installed in 2019. A detached two car garage provides excellent parking, storage, and extra space for Upper Peninsula winters. Whether you are looking for a primary residence, downsizing into single level living, or searching for a Hancock home with water views and room to garden, 121 Water Street offers a unique combination of location, functionality, and potential.
Enjoy beautiful views of the Portage Canal from this charming 2 bedroom, 1 bathroom ranch located on a quiet, low traffic dead end street in Hancock. Set on a double lot, the property offers plenty of outdoor space along with established gardens thoughtfully created by a previous owner who was a master gardener. Gardeners will appreciate the rain barrel, clothesline, and outdoor space ready to enjoy next spring. Inside, the convenient single level layout features both bedrooms, a full bathroom, kitchen, living space, and laundry all on the main floor. The home is functional as is while offering an opportunity for a new owner to make cosmetic updates and add their own style over time. Solid mechanical features include a durable metal roof, Goodman forced air furnace, and water heater installed in 2019. A detached two car garage provides excellent parking, storage, and extra space for Upper Peninsula winters. Whether you are looking for a primary residence, downsizing into single level living, or searching for a Hancock home with water views and room to garden, 121 Water Street offers a unique combination of location, functionality, and potential.
Public Records
Dec 8, 2000
Sold
$70,500
$30/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,495 (+5.5%)
2024
$2,364 (−27.3%)
2023
$3,250 (+40.2%)
2022
$2,318 (+3.3%)
2021
$2,243 (+1.2%)
2020
$2,216 (+1.0%)
2019
$2,193 (+5.6%)
2018
$2,078 (+4.1%)
2017
$1,996 (+13.1%)
2016
$1,765 (−0.6%)
2015
$1,775 (−0.2%)
2013
$1,779
Public record
Beds
2
Baths
1.5
Stories
—
Lot width
—
Lot depth
—
Lot size
9,148 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,152
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,152
Year built
1973
Style
Single Family Residential
County
Houghton County
APN
051-002-005-00
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 27, 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
1/10 Heat Factor
7 days above 91° expected this year, 13 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Hancock, MI • 49930
Average low and high temperatures (°F)
20
10
27
14
36
22
47
30
61
41
72
52
78
60
73
58
68
54
60
44
41
32
27
17
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
76/ 100
Good sunlight
Sunscore
This home receives average direct sun exposure in Hancock. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 121 Water St
$219,945
$945 over list price of $219K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $129K to $390K.