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Jenn Smart

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127 & 128 Oneida , Houghton Lake, MI 48629
$1,350,000
Est. Payment: $7,035.04/mo
0 Bed
0 Bath
6800 Sqft
Status: active | Days on site: 73
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Rare opportunity to own a highly successful waterfront hospitality property on Michigan's largest inland lake. Situated on nearly 1.5 acres with approximately 320 feet of prime sandy shoreline on beautiful Houghton Lake, this turnkey operation includes eight charming 2-bedroom log cabins, four featuring loft sleeping areas, plus a spacious 1,200+ sq. ft. 3-bedroom, 1.5-bath waterfront home that can serve as an owner's residence or generate additional rental income.------- This classic Northern Michigan retreat has a long history of repeat guests, family gatherings, and group rentals. The well-maintained cabins are equipped with heat, cable television, Wi-Fi, and furnishings, allowing for immediate operation. Guest amenities include docks, shuffleboard courts, game room, laundry facilities, fish cleaning station, expansive lawn areas, and abundant outdoor recreation space. The waterfront owner's home enjoys exceptional lake views from both the home and the lakefront sunroom, providing a perfect place to relax and enjoy the beauty of Houghton Lake.------- Recent improvements include newer roofs on the cabins and waterfront home. Property is connected to municipal sewer and also includes an additional lot across the street featuring a 30' x 40' pole barn for storage and maintenance needs.------- Offered fully turnkey with equipment, furnishings, and business assets included, along with a partially furnished waterfront home. Seller financing may be available to qualified buyers.------- Enjoy the unique lifestyle of living and working on one of Michigan's most popular vacation lakes. Conveniently located with easy access to I-75 and within reach of Northern Michigan's endless recreational opportunities, including boating, fishing, snowmobiling, golfing, ORV trails, state forests, and year-round outdoor adventure----- Shown by appointment only.

Highlights

Listed by Kenneth Weaver , 231-668-6303 Berkshire Hathaway Homeservices - TC , 231-947-7777. MiRealSource, Inc. mls logo

Property Type

Business Opportunity

Lot/Acreage
1.4

Year Built

1940

County

Roscommon

Area

Markey Twp (72008)

Neighborhood

Houghton Lake Cabin Resort

Listing ID

80069482

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Wall/Window A/C
Fireplaces:
Above Ground Sq Ft:6800
Water:Private Well

Exterior Features

Lot Dimensions:321x227x175x270
Zoning:Commercial,Residential
Roof:Metal
Sewer:Public Sanitary
Parking Features:Parking Lot
Principal Interest
$7,035
Taxes
$861

Home Price

$1,350,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$270,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,035.04

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,035.04 $860.63 $0.00 $7,895.66
Yearly $84,420.45 $10,327.50 $0.00 $94,747.95
Total $2,532,613.60 $309,825.00 $0.00 $2,842,438.60
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Data last updated: 2026-09-02T04:57:55.100Z

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