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For those who dream of living on lakefront property in Northern Michigan, now may be the time to turn that dream into a reality.There’s never been a better time to own one of the highly sought after homes or cottages on one of the many lakes in Northern Michigan.There are hundreds of such homes available now at affordable prices. Beds. Northern Michigan waterfront properties will always hold their value. The only real estate site that provides a quick search for northern Michigan riverfront homes and vacant land (877) 820-1194 Account / Login Show Content Navigation Account / Login Advanced Search. The combined market value of waterfront property for sale in Michigan is $2 billion, with the average price of waterfront property for sale in being $391,737. Buying a Turn-Key Home. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Price. ... Northern Michigan Land Brokers. 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