Property listing for 5663 East Cedar Circle, Prescott, MI 48756
For SaleSingle Family Home

$50,000

5663 East Cedar Circle, Prescott, MI 48756

Spacious 4-Bed/3-Bath Manufactured Home on .62-Acre Lot Near Skidway Lake

4 Bed · 3 Bath · 2,280 Sq Ft

Affordable, move-in ready rural home minutes from Skidway Lake and Rifle River.

4

Beds

3

Baths

2,280

Sq Ft

2005

Built

0.62 acres

Lot

About 5663 East Cedar Circle

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.

Home Highlights

Spacious 4-bedroom, 3-bath floorplan2,280 sq ft of single-story livingLarge 0.62-acre lot with level yardCentral air and forced air heatingPrivate well and septic (rural utilities)Minutes to Skidway Lake and Rifle RiverAffordable valuation estimate: $45K–$55KOwner-occupied and well-maintained

Property Features

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

Neighborhood & Location

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.

Market Insights

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.

Nearby Schools

Whittemore-Prescott Elementary School

Elementary

3/10

Whittemore-Prescott Middle School

Middle

3/10

Whittemore-Prescott High School

High

3/10

Walkability & Recreation

20
Walkability
75
Recreation

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.

Investment Highlights

  • Spacious 4-bedroom, 3-bathroom layout with 2,280 sq ft of living space
  • Affordable price point in a rural setting
  • Proximity to Rifle River Recreation Area and Skidway Lake
  • Large 0.62-acre lot offering privacy and outdoor space
  • Potential for value appreciation with updates and maintenance

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)

Things to Consider

  • Age of the home may require updates or maintenance
  • No garage or covered parking available
  • Average school ratings may impact family buyers
  • Rural location may limit access to certain amenities
  • Assessed value higher than market estimate may affect tax obligations

Opportunity Analysis

Affordable, spacious manufactured home in a rural setting with proximity to outdoor recreation. Potential for value appreciation with updates and maintenance.

Potential Use Scenarios

  • Ideal for buyers seeking affordable housing with ample space
  • Potential for rental income in a rural market
  • Opportunity to add value through updates and maintenance

Risk Factors

  • Age of the home may require significant maintenance
  • Limited demand in rural market may affect resale value
  • Average school ratings may deter family buyers

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$45K

Midpoint

$50K

High

$55K

$21.93/SF estimated price per square foot

75% confidence

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.

As of 2026-05-10

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$50,000
Avg Days on Market90 days
Inventory6 months
1-Year Appreciation+2.0%

Demographics

Population (1 mi)1,000
Median Income (1 mi)$45,000

Stable rural community with modest growth. Walkability Rating estimate: 20/100.

Nearby Points of Interest

  • Rifle River Recreation Area (5 mi)
  • Skidway Lake (2 mi)
  • Downtown Prescott (3 mi)

Proximity to outdoor recreation areas and local amenities.

School District

DistrictWhittemore-Prescott Area Schools
ElementaryWhittemore-Prescott Elementary School (3/10)
MiddleWhittemore-Prescott Middle School (3/10)
HighWhittemore-Prescott High School (3/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built2005
Constructionmanufactured
Stories1
Roofasphalt shingle
Heatingforced air
Coolingcentral AC
Basementnone
FireplaceNo
Conditiongood

Lot & Site

Lot Size0.62 acres (27,007 SF)
Topographylevel
Parkingdriveway
Parking Spaces2

Utilities

Waterprivate well
Sewerseptic
ElectricDTE Energy
Gaspropane

Zoning & Land Use

JurisdictionOgemaw County

Allowed Uses

residential
Current Useresidential
Assessor UseResidential

Tax & Sale History

Tax Assessment

Total Assessed$57,600
Land$17,800
Improvements$39,800
Annual Tax (2025)$678

Sale History

2009-08-14$25,000

$10.96/SF

Arm's length transaction

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