5968 W Houghton Lake Road
Houghton Lake, Michigan 48629

New / MLS #1929178 / Single Family / Houghton Lake
Listing information updated 11/21/2024 at 12:23pm
South Shore Marina with 100 feet of sandy beach waterfront, offering a versatile range of established and potential income opportunities. Primary home has been fully remodeled, top of the line finishes, with no expenses spared (just needs finishing touches to complete). Home boasts a main-floor, water-view master suite and updated kitchen and a water-facing patio. Two, water-view studio cottages have been completely remodeled and are fully-furnished with kitchenettes for two-person, couple functionality including shaded, water-view patios. These cottages have not been rented since the completion of remodel and were previously grossing $1000/month for 12-month rental and are estimated to be capable of $180 to $250 per night on short-term rental. Primary home could similarly be used as a primary home and/or could be rented on short-term rental for sleeping an estimated 10 to 12 people. Walk-out lower level could be finished into an additional unit maybe for a caretaker/owner residence. Western portion of property holds potential for additional construction --- possibly for additional rental cottages or another house. Launch a kayak, paddle board, and canoe rental business. Offer pontoon rentals for short-term rental clientele. Commercial zoning. Property currently sustains 36 boat slips with an annual gross rental income of $45,000 for seasonal slip rental. Gross income conservatively at $93,500 but could far exceed this number with vision and care. More financials available upon request.

Listing Agent: Renee Waverly

Listing Office: Brookstone Realtors

Listing Email: Renee@231living.com

Disclaimer: Based on information from the association of REALTORS® (alternatively, from the MLS) as of 11/21/2024 at 12:23pm. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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5968 W Houghton Lake Road is a single family home currently listed at $1,100,000. 5968 W Houghton Lake Road features 6 Beds, 4 Baths. This single family home has been listed on @properties REMI Christie's International Real Estate since November 21st, 2024 and was built in 1975.