5968 W Houghton Lake Rd Houghton Lake, MI 48629
Property details
About 5968 W Houghton Lake Rd
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.
Highlights
Summary
- MLS Number: 1931068
- MLS Name: TAAR
- Office Name: Brookstone Realtors
- Office Phone: (248) 963-0505
- Office Email: bill@brookstonerealtors.com
- Listing Agent: Renee Waverly
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Last updated on: 4/12/2025, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$975,000
5968 W Houghton Lake Rd
$10,000
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Price information
Property sales
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Nearby schools
3
Collins Elementary School
Public District PK-6
1.5 mi
•4441 W Houghton Lake Dr
4
Roscommon Elementary School
Public District PK-3
14.7 mi
•175 West Sunset Dr
3
Robert M Larson Elementary School
Public District KG-2
20.3 mi
•455 W Spruce St
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 $36,000. Most Houghton Lake, MI residents have annual incomes less than $<35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
Frequently asked questions
About 5968 W Houghton Lake Rd
This home is located at 5968 W Houghton Lake Rd in Houghton Lake, MI and zip code 48629. This 2,244 square foot home, which was built in 1975, sits on a 0.75 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 27, 2025 and is currently priced at $975,000.
While more than 2 listings in Houghton Lake, MI in March 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 14 were sold below. The inventory of homes for sale in Houghton Lake, MI between February and March 2025 increased by 3.8%. In March 2025 median list price was $191,000 and the average listing age was 112 days.