5968 W Houghton Lake Road Houghton Lake, MI 48629
Explore our fast and easy mortgage options to maximize your home’s value. Younited Mortgage NMLS #1880125
Overview
L-963 P-1788 (L-944P-57&L-734 P-38) 224 5968 W HOUGHTON LAKE DRIVE 48629LOTS 1& 2 BLK 2 VILLAGE OF HOUGHTON LAKE.
This building may also appear as:
5968 W Houghton Lake Dr5968 W Houghton Lake Dr Houghton Lake, MI. 48629-9703 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.More Information
- MLS Number: 78080049520
- Price: $1,100,000.00
- Listing Start Date: 08/15/2024
- Current MLS Status: Off Market
- Status Date: 09/18/2024
- Year Built: 1975
- Square Footage: 2244
- Price per SqFt: $490.20
- Bedrooms: 6
- Full Bathrooms: 4
- Has Basement: Yes
- Down Payment Assistance: Call us for resources
Public Record Information
- Estimated Value: n/a
- Square Footage: --
- Lot Area: 0.37 acres (16,117 sqft)
- Price per SqFt: $0.00
- Year Built:
- Bedrooms: n/a
- Full Bathrooms: n/a
- Taxes (from public record): $4,256
- Approx. Loan Amount: $0
- Floor Types:
- Amenities:
- Legal Description: L-963 P-1788 (L-944P-57&L-734 P-38) 224 5968 W HOUGHTON LAKE DRIVE 48629LOTS 1& 2 BLK 2 VILLAGE OF HOUGHTON LAKE.
-
Current APN
(Assessor's Parcel Number): 011-555-001-0000 (0115550010000) - General Land Use: Commercial
- County Land Use: Commercial (201)
- Owner City: Houghton Lake, MI
Valuation
Exact Location
Schools Nearby
Homes recently sold within a mile of 5968 Houghton Lake, Houghton Lake, MI. 48629
Homes for sale within a mile of 5968 Houghton Lake, Houghton Lake, MI. 48629
Find homes for sale around 5968 Houghton Lake, Houghton Lake, MI. 48629
IDX provided courtesy of Realcomp II Ltd. via Snabby.com and Realcomp II Ltd. , ©2025 Realcomp II Ltd. Shareholders
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd.
Real estate listings held by firms other than Snabby Real Estate are marked with the Realcomp Internet Data Exchange logo or thumbnail logo
and detailed information about them includes the Listing Broker's Firm Name. 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.
Listing Provided by Brookstone Realtors
