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$1,100,000

Beds
7
Baths
3.0
sq ft
2,302

8719 Deadstream Rd, Honor, MI 49640

8719 Deadstream Rd

Benzonia Twp, MI 49640

  • 54 days on market
Lakefront Gem on Big Platte Lake: A Rare Opportunity for Tranquility and InvestmentThis lakefront property is the definition of an all-in-one retreat. Nestled on the shores of Big Platte Lake, this property offers a unique blend of serene lake living and income-generating potential. With a main house and two additional cottages offering a total of over 2,300 sqft of living space, this lakefront retreat is a dream for those seeking relaxation, outdoor adventures, and the chance to invest in a popular vacation rental destination. Located near Lake Michigan, which you can get to via Platte River by Kayak or a Canoe. Also, near the stunning Sleeping Bear National Lakeshore, it is truly an all-season paradise.Main House offers around 1133sqft of living space, with 3 bedrooms and 1 fullbathroom, designed to capture both charm and comfort. A large, open kitchen features rich wood flooring and ample cabinetry, creating a warm and inviting space for gatherings. The living room, with its cozy fireplace, is perfect for unwinding after a day on the lake. Exterior accents of brick and fieldstone give the home a rustic feel, blending seamlessly with the natural surroundings. The front cottage offers a pine cabin feel that is warm and rustic. Offering a cozy warm kitchen, 2 bedrooms and 1 full bathroom. Lakefront cottage offers breathtaking views. Features a modern kitchen, 2 bedrooms and 1 bathroom home. Each dwelling offers a distinct experience. Whether you're looking for a peaceful retreat or a property with income potential, this lake house delivers the best of both worlds. Don't miss out on this one-of-a-kind opportunity to own your own slice of lakefront paradise!

Details

Property type

Single Family Residence

Est. home value

$681,865

Lot size

0.61 acres

Price per sq ft

$478

Year built

1930

Annual property taxes

$8,720

Price History

09/11/2024
Realcomp

Realcomp #65024047953

Listed
$1,100,000
+134.54%
06/26/2020
Realcomp

Realcomp #78001198308

Sold
$469,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Benzie County Central

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

The Honor State Bank

Loan start date

September 2006

Original loan amount

$40,000

Est. remaining balance

Not provided

Interest rate

6.72%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Norma J Baker

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/05/2024 at 10:25 AM

Listing updated: 09/16/2024 at 3:31 PM

Listed by: Nicholas Dennison, Fervor Realty Phone #: (864) 616-9954

MLS: Realcomp #65024047953

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