Sales comparison approach using similar manufactured homes in the area. Adjusted for size, condition, and lot size. Assessed value of $57,600 appears above market.
Spacious 4-Bed/3-Bath Manufactured Home on .62-Acre Lot Near Skidway Lake
Set on a level 0.62-acre parcel just two miles from Skidway Lake, 5663 East Cedar Circle delivers generous interior space and easy access to the outdoors. This single-story manufactured home—built in 2005—offers 2,280 square feet with four bedrooms and three full baths, giving families or buyers needing extra room a comfortable, functional layout. Driveway parking accommodates multiple vehicles; the property does not include an attached garage.
Inside, the floorplan emphasizes scale and practical living. Living areas are expansive, with a layout that supports a formal seating area, a casual family space, and room for a home office or hobby nook. Mechanical systems include forced air heat and central air conditioning for year-round comfort. Utilities reflect rural services typical to the area: private well water, septic sewer, propane for gas service, and electrical from DTE Energy. The roof is asphalt shingle; the home is reported in good condition but buyers should confirm systems and maintenance history during inspection.
Where this property really stands out is the lot and location. The half-acre-plus yard gives room for gardening, play areas, or an outbuilding (subject to local zoning). With Rifle River Recreation Area roughly five miles away and Skidway Lake a short drive, outdoor recreation—fishing, boating, hiking—is an easy part of life here. Downtown Prescott is about three miles away for groceries, services, and local small-business amenities.
This is an affordable entry in a stable rural market. Comparable manufactured homes in the immediate neighborhood have recently sold in the $45,000–$55,000 range; assessor records show a 2025 total assessed value of $57,600. The property was owner-occupied since 2009 and presents a solid opportunity for buyers seeking space, proximity to recreation, and a modest purchase price. Investors should note the local rental estimate and seasonal demand characteristics for rural properties; owner-occupant buyers will appreciate the immediate usability and room to customize over time.
Practical buyers who value outdoor access, low-density surroundings, and an economical footprint will find this Prescott home appealing. Schedule a walkthrough to evaluate finishes, mechanicals, and potential cosmetic updates—this property pairs comfortable living space with an attractive lot in a quiet community with ready access to regional recreational assets.
See the properties helping shape the valuation.
Comparable sales
- 1,348 SF smaller
- 2 fewer bedrooms
- 2 fewer bathrooms
- 25,701 SF larger lot
- 36 years older
- 1,584 SF smaller
- 2 fewer bedrooms
- 2 fewer bathrooms
- Similar lot size
- 5 years older
- 824 SF smaller
- 1 fewer bedroom
- 1 fewer bathroom
- Similar lot size
A 2005 manufactured home on 0.62 acres.
Building
Site & utilities
Prescott, MI
Researched nearby locations
Location
5663 East Cedar Circle, Prescott, MI 48756
Prescott is a small, rural community in Ogemaw County prized for outdoor access and quiet residential streets. Residents enjoy quick drives to Skidway Lake and the Rifle River Recreation Area for fishing, boating and hiking, while downtown Prescott supplies everyday necessities and local services about three miles away. The area is part of the Whittemore-Prescott school district and attracts buyers looking for affordable homes, large lots, and a relaxed pace of life. Commuting to larger regional centers is common for work or expanded shopping options.
Very good access to outdoor recreation with Skidway Lake 2 miles away and Rifle River Recreation Area 5 miles away for fishing, boating, hiking, and camping; neighborhood roads suit walking and biking.
A factual market snapshot around 5663 East Cedar Circle.
Local market indicators point toward a buyer’s market with moderate inventory. Ogemaw County’s Prescott corridor currently shows roughly six months of inventory and an average days-on-market near 90 days, giving buyers negotiation leverage compared with more competitive markets. Median sale prices for the immediate area sit around $50,000; recent appreciation has been modest — about 2% in the last year and roughly 10% over five years. Manufactured homes and similar single-family offerings in this rural pocket typically trade at lower absolute prices but with wider spreads in condition and lot size, so condition and utility service (well/septic) matter more to valuation than in urban neighborhoods.
For this property type, demand is steady but selective: buyers prioritize large lots and proximity to recreation, while some family buyers may weigh average local school scores and the rural commute. The current landscape favors buyers who are willing to invest in updates or owners who need affordable space. Investors seeking rental income should account for lower rural rental velocity and seasonal demand; estimated monthly rent is near $600 based on local comparables, but owner-occupant purchasers will usually see the best value capture. Given current conditions, this is a practical time for buyers seeking value and outdoor access—sellers should price competitively to attract attention in a market where buyers have choice.
Recorded zoning information.
Zoning
Research-indicated uses
- Residential
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
What the research supports — and what is still worth verifying.
Key findings
- Built in 2005 with a last sale price of $25,000 in 2009
- Assessed value of $57,600 in 2025; annual property tax of $678
- Located 5 miles from Rifle River Recreation Area and 2 miles from Skidway Lake
- Comparable properties in the area have sold between $45,000 and $55,000
- Schools in the area have average ratings (3/10)
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm lot dimensions and boundaries
- Verify age and condition of the home
- Assess potential maintenance needs
- Review local zoning regulations
- Evaluate school district options
What stands out about this property.
Interior Features
- 4 bedrooms and 3 full bathrooms
- 2,280 square feet of single-story living
- Forced air heating
- Central air conditioning
- Open, flexible living spaces suitable for dining and home office
- Asphalt shingle roof
- No basement
Exterior & Lot
- 0.62-acre lot (approx. 27,007 sq ft)
- Level topography — easy yard and outbuilding potential
- Driveway parking (estimated 2 vehicles)
- Private well and septic system
- Propane gas service
Location & Neighborhood
- Approximately 2 miles to Skidway Lake
- About 5 miles to Rifle River Recreation Area
- Downtown Prescott roughly 3 miles away
- Rural residential setting in Ogemaw County
- Part of Whittemore-Prescott Area Schools
Walkability & Recreation
- Walkability Rating: 20/100 — Car-Dependent
- Skidway Lake (2 miles) — boating and fishing access
- Rifle River Recreation Area (5 miles) — hiking, fishing, camping
- Local roads and quiet streets ideal for walking and biking
- Recreation access strong within a short drive
Sources & research confidence.
See where the property research came from and how confidence varies by field.