$3,561
closing credit¹
216 S Harrison Rd Houghton Lake, MI 48629
Property details
About 216 S Harrison Rd
Welcome to 216 S. Harrison Road-A unique income-generating property in Houghton Lake! Currently operating as a boutique hotel on just over 3 acres, this property presents a fantastic opportunity for owner-operators or investors seeking strong returns. With 6 fully renovated units, this hotel has been successfully operating over the last two summers, drawing vacationers who come for Houghton Lake's year-round outdoor activities. The property also includes 4 units needing renovation (allowing for immediate expansion) and 2 pole barns. Additionally, there is a two-bedroom apartment unit with a private kitchen, living room, and bathrooms-ideal for extended stays or as an on-site residence. This apartment is currently undergoing renovation, adding even more potential for future income. Beyond its current operations, this property offers incredible potential for growth with the addition of 20-25 potential RV hookups on the surrounding 3 acres. The land is perfectly suited for RV camping, and with some infrastructure investments, you could attract an entirely new stream of summer campers. During the off-season, the property offers even more value by utilizing the land and pole barns for RV and boat storage during the winter. For investors, this property represents a rare opportunity. The boutique hotel is already established on platforms like Airbnb, with strong guest reviews, meaning you can begin to generate income immediately. By expanding the property to include RV camping and storage, you'll further enhance its income potential while capitalizing on Houghton Lake's popularity as a vacation destination. Houghton Lake is a premier location known for boating, fishing, snowmobiling, and hiking, drawing tourists year-round. The demand for short-term rentals and RV camping is strong in this region, and this property provides the perfect opportunity to meet that demand. With its established reputation, current operations, and potential for further development, this property is an ideal investment for those looking for
Highlights
Summary
- MLS Number: 5050158820
- MLS Name: East Central Association of REALTORS
- Office Name: EXP Realty
- Office Phone: (888) 501-7085
- Listing Agent: Travis C Scott, Macey Scott
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Last updated on: 1/31/2025, 8:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$299,900
216 S Harrison Rd
$3,561
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 22, 2021 | Home Sold | $135,000 |
| Mar 14, 2017 | Home Sold | $70,000 |
| May 09, 2011 | Home Sold | $200,000 |
| Sep 26, 2005 | Home Sold | $120,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $74,200 | $3,629 |
| 2023 | $74,200 | $4,743 |
| 2022 | $104,700 | $4,743 |
| 2021 | $98,200 | $4,704 |
| 2020 | $100,100 | $- |
| 2019 | $112,300 | $- |
| 2018 | $106,600 | $- |
History based on county public records data.
Nearby schools
3
Collins Elementary School
Public District PK-6
4.0 mi
•4441 W Houghton Lake Dr
4
Roscommon Elementary School
Public District PK-3
14.3 mi
•175 West Sunset Dr
6
Lake City Elementary School
Public District KG-5
20.4 mi
•5534 W Davis Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,007. Typical income of Houghton Lake, MI residents is less than $<35k annually. The majority of families are married, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NASCAR
Hunting
Monster Trucks
Where do the neighbors shop?
Dollar General
Wal-Mart
Bass Pro Shops
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
GMC
Ram
Chevrolet
What do the neighbors listen to?
Classic Country- Country
New Country
Frequently asked questions
About 216 S Harrison Rd
This home is located at 216 S Harrison Rd in Houghton Lake, MI and zip code 48629. This 10,195 square foot home, which was built in 1970, sits on a 3.02 acre lot. Features: 12 bedrooms, 14 bathrooms. It has been listed on Rocket Homes since October 20, 2024 and is currently priced at $299,900.
In December 2024 more than 5 listings in Houghton Lake, MI were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 10 were sold below. The number of listings in Houghton Lake, MI decreased by 2.9% between November and December 2024. Listings spent 64 days on the market in December 2024, and had a median list price of $194,000 during the same period.