5495 N Karley Ct Luther, MI 49656
Property details
About 5495 N Karley Ct
Turnkey 3-Unit Riverfront Retreat in Luther, MI - Former Airbnb Gem! Tucked away on the peaceful banks of the Pine River, this fully furnished 3-unit property offers the perfect blend of rustic charm and modern convenience. With plenty of beds across all units, it's ideal for group getaways, retreats, or continued use as a successful Airbnb rental. Enjoy the ultimate up north experience with direct river access for fishing, a private, wooded setting, and your own on-site sauna—perfect for relaxing after a day outdoors. Each unit is thoughtfully equipped and move-in ready, providing a seamless transition whether you're planning to host guests or keep it all to yourself. A rare find with privacy, comfort, and income potential all wrapped into one riverside package this Luther hideaway is ready for its next chapter.
Highlights
Summary
- Full Bathrooms: 2
- Appliances: Microwave, Range, Refrigerator
- Basement: No
- Total Bedroom Count: 4
- Waterfront: River
- Architectural Style: Ranch
- Heating: Forced Air
- List Price: $120,000
- Price/SqFt: $153
- Lot: Wooded
- Directions: N Raymond Rd to E 4 1/2 Mile, West to N Hawkins Rd, North to N Karley Ct, North to address.
- Year Built: 1992
- Stories: 1
- Living Area: 783 SqFt
- Lot Size: 0.32 Acres
- MLS Number: 25017902
- Office Name: Bellabay Realty (North)
- Office Phone: (616) 719-1022
- Listing Agent: Ashley Bodell
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/20/2025, 1:40:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$120,000
5495 N Karley Ct
$1,425
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $41,600 | $- |
| 2023 | $42,900 | $- |
| 2022 | $35,200 | $- |
| 2021 | $33,600 | $- |
| 2020 | $27,000 | $- |
| 2019 | $25,100 | $- |
| 2018 | $27,900 | $- |
| 2017 | $28,700 | $- |
History based on county public records data.
Nearby schools
5
Pine River Area Elementary School
Public District PK-3
7.3 mi
•408 W Gilbert St
7
Forest View Elementary School
Public District PK-5
10.9 mi
•7840 S 25 Mile Rd
5
Gt Norman Elementary School
Public District PK-4
14.1 mi
•338 W Lincoln Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,278. Residents of Luther, MI typically earn less than $<35k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NASCAR
Pro Wrestling
Hunting
Where do the neighbors shop?
Dollar General
Wal-Mart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
GMC
Dodge
Ram
What do the neighbors listen to?
Classic Country- Country
New Country
Frequently asked questions
About 5495 N Karley Ct
The listing price of 5495 N Karley Ct property is $120,000.
The property 5495 N Karley Ct is a house located in Luther, Michigan, 49656.
Active Listing: 5495 N Karley Ct is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5495 N Karley Ct are: Pine River Area Elementary School (GreatSchools Rating 5/10), Forest View Elementary School (GreatSchools Rating 7/10), Gt Norman Elementary School (GreatSchools Rating 5/10), Pine River Area Middle School (GreatSchools Rating 5/10), Mackinaw Trail Middle School (GreatSchools Rating 7/10), Reed City Middle School (GreatSchools Rating 6/10), Pine River Area High School (GreatSchools Rating 5/10), Reed City High School (GreatSchools Rating 7/10), Lighthouse Academy Eagle Village (GreatSchools Rating 2/10).
The property at 5495 N Karley Ct has 4 bedrooms and 2 bathrooms.
The property 5495 N Karley Ct is 783 SqFt (source: MLS/tax record).
The year of construction for 5495 N Karley Ct is 1992.
This home is located at 5495 N Karley Ct in Luther, MI and zip code 49656. This 783 square foot home, which was built in 1992, sits on a 0.32 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 26, 2025 and is currently priced at $120,000.
Luther, MI housing market in May 2025 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 3 sold below. Between April and May 2025, Luther, MI real estate market has seen increase in the number of listings by 8.3%. Listings spent 31 days on the market in May 2025, and had a median list price of $141,000 during the same period.