5968 W Houghton Lake Road Houghton Lake, MI 48629
Listing Courtesy of: NORTHERN GREAT LAKES / Brookstone Realtors

  5968 W Houghton Lake Road Houghton Lake, MI 48629

Active (33 Days)
$1,100,000
6
BED
4
BATH
2,244
SQFT

Description

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.

MLS #:
1926015
Lot Size
0.75 acres
Type
Single-Family Home
Year Built
1975
Style
Bed & Breakfast, Apartment, In-Law Suite or Apartment, Cottage, Contemporary, Other, 2 Story
School District
Houghton Lake Community Schools
County
Roscommon County
Community
Roscommon

Listed By

Renee W Waverly, Brookstone Realtors
Source
NORTHERN GREAT LAKES
Last checked Sep 17 2024 at 10:57 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
Interior Features
  • Granite Kitchen Tops
  • Granite Bath Tops
  • Smoke Alarms(s) Walk-In Closet(s)
  • On Demand Water Heater
  • Ceiling Fan
  • Freezer
  • Dryer
  • Washer
  • Microwave
  • Dishwasher
  • Disposal
  • Oven/Range
  • Refrigerator
Subdivision
  • Mi
Lot Information
  • Rolling
  • Level
  • Cleared
Property Features
  • Foundation: Entrance Inside
  • Foundation: Unfinished
  • Foundation: Entrance Outside
  • Foundation: Daylight Windows
  • Foundation: Full
Heating and Cooling
  • Forced Air
Exterior Features
  • Vinyl
  • Roof: Asphalt
Utility Information
  • Sewer: Private Septic
Stories
  • 2 Story
Living Area
  • 2,244 sqft
Location
   
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Disclaimer: Copyright 2024 Northern Great Lakes Realtors MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/17/24 03:57