Homes for sale - 5968 W Houghton Lake Road, Houghton Lake, MI 48629...

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Chris Hubel

chris@chrishubel.com +1(248) 568-6030

$ 1,100,000

Est. payment -/mo

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Active

5968 W Houghton Lake Road Houghton Lake, MI 48629

6 Beds

4 Baths

1,407 SqFt

UPDATED:

11/24/2024 10:30 AM

Key Details

Property Type Condo, Single Family Home

Sub Type Apartment,Contemporary,Cottage,Other

Listing Status Active

Purchase Type For Sale

Square Footage 1,407 sqft

Price per Sqft $781

MLS Listing ID 78080052598

Style Apartment,Contemporary,Cottage,Other

Bedrooms 6

Full Baths 4

HOA Y/N no

Originating Board Aspire North REALTORS®

Year Built 1975

Lot Size 0.750 Acres

Acres 0.75

Lot Dimensions 100x159x100x166

Property 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.

Location

State MI

County Roscommon

Area Roscommon Twp

Rooms

Basement Daylight, Interior Entry (Interior Access), Unfinished

Kitchen Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven, Range/Stove, Refrigerator, Washer

Interior

Interior Features Egress Window(s)

Heating Forced Air

Cooling Ceiling Fan(s)

Fireplace yes

Appliance Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven, Range/Stove, Refrigerator, Washer

Heat Source Natural Gas

Exterior

Waterfront Description Water Front,Lake/River Priv

Water Access Desc All Sports Lake,Dock Facilities

Porch Deck, Patio

Garage no

Building

Lot Description Water View, Hilly-Ravine

Foundation Basement

Sewer Septic Tank (Existing)

Water Well (Existing)

Architectural Style Apartment, Contemporary, Cottage, Other

Level or Stories 2 Story

Structure Type Vinyl

Schools

School District Houghton Lake

Others

Tax ID 0115550010000

Ownership Private Owned

Acceptable Financing Cash, Contract, Conventional, Trade/Exchange

Listing Terms Cash, Contract, Conventional, Trade/Exchange

Financing Cash,Contract,Conventional,Trade/Exchange

Listed by Renee W Waverly of Brookstone Realtors