New Construction, Waterfront, Stone Construction
Brand-New 2025 Build on a Waterfront Lot in Marion — $121,000
7
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 8 | 2025 build, waterfront lot, open concept, full appliance package, metal roof, deck |
| Condition | 25% | 9 | Brand-new construction, no deferred maintenance, all systems and finishes new |
| Price / Sq Ft | 15% | 4 | Listing $158/sqft vs zip median $90/sqft — 76% above median; thin data noted |
| Price vs. Market | 5% | 3 | $121K vs $115,675 median — ~4.6% above median; thin market caveat applies |
| Market Conditions | 5% | 6 | 25.6% price drops signal buyer leverage; sale-to-list 96.7%, DOM 36 days — mild buyer's market |
The lot is what stops you. A brand-new house on waterfront property for $121,000 is not something you expect to find, and when you do, you look twice. This is a 2025 build, never lived in, with a metal roof, a deck out front, and water behind it. At 768 square feet, it fits two bedrooms and one bath into a compact footprint that at least has the sense not to waste space.
The kitchen is the center of the main living area, which flows into dining and family room space without walls breaking it up. Stone countertops, an electric range, refrigerator, microwave, garbage disposal, a lazy Susan for storage. The appliances come with it. The bathroom has a tub/shower combo and a Bluetooth ceiling fan, which is a detail somebody thought about. USB and USB-C outlets throughout. The utility room has a stackable washer/dryer and its own exterior door. Off-street parking in front, gravel parking area in the rear.
Everything is new. The roof, the systems, the finishes. No deferred maintenance, no history, no surprises hiding in a water heater or an old panel. For a buyer who wants to step into something clean and not worry about what comes next, that counts for a lot.
The price is the tension here. At $158 per square foot, this listing runs well above what the surrounding zip code typically supports, where the median sits around $90 per square foot. The market in Marion has been soft enough that about a quarter of listings have taken price cuts, which gives buyers some room to negotiate. Whether this one has that room depends on how motivated the seller is, and the listing's 48-hour response window suggests a measured pace.
What the price buys you is a waterfront lot and a house nobody has ever touched, in a buyer's market where you have more standing than usual to ask for something. That combination is harder to find than the number suggests.
