$1,100,000
- Beds
- 6
- Baths
- 4.0
- sq ft
- 1,407
5968 W Houghton Lake Dr, Houghton Lake, MI 48629
5968 W Houghton Lake Dr
Roscommon Twp, MI 48629
- 31 days on market
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.
Details
Property type
Single Family Residence
Lot size
0.75 acres
Price per sq ft
$782
Year built
1975
Price History
11/21/2024
Realcomp #78080052598
Listed
$1,100,000
10/30/2024
Realcomp #78080050803
Removed
$1,100,000
09/19/2024
Realcomp #78080050803
Listed
$1,100,000
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
School district:
Houghton Lake
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Status: Active
Tomo last checked: 12/22/2024 at 9:20 PM
Listing updated: 11/24/2024 at 6:35 AM
Listed by: Renee W Waverly, Brookstone Realtors Phone #: (248) 963-0505
MLS: Realcomp #78080052598
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