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 packagethis Luther hideaway is ready for its next chapter.
Highlights
Summary
- Full Bathrooms: 2
- Appliances: Microwave, Refrigerator, Range
- Total Bedroom Count: 4
- Waterfront: Private Water Frontage, River Front
- Architectural Style: Bungalow, Ranch
- Heating: Forced Air, Propane
- List Price: $115,000
- Price/SqFt: $146
- 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: 65025017902
- MLS Name: Greater Regional Alliance of REALTORS
- Office Name: Bellabay Realty (North)
- Office Phone: (616) 719-1022
- Listing Agent: Ashley Bodell
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Last updated on: 7/17/2025, 12:43:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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 most common type of family is single, no kids. Most residents in this area have high school diploma education.
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 $115,000.
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 $115,000.
In June 2025 more than 0 listings in Luther, MI were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 1 were sold below. In June 2025 in Luther, MI there were 8.3% less homes for sale than in May. The median list price of listings available in June 2025 was $224,200, while the average time on the real estate market was 24 days.