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Jenn Smart

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10774 S Us-31 , Williamsburg, MI 49690
$749,900
Est. Payment: $3,907.83/mo
11 Bed
7 Bath
5500 Sqft
Status: active | Days on site: 136
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Prime Business Opportunity on US 31 Elk Rapids/Traverse City Corridor! Positioned on one of Northern Michigan's most traveled routes. This 1.4 acre multi-building property is zoned R2, allowing for a wide range of uses. Located just 2 miles south of Elk Rapids, 12 miles north of Traverse City and 7 miles from Flintfields and the Traverse City Equestrian Festival that runs June through September. In particular this property has the Elk Rapids Township approval for 3 SHORT and LONG term rental units across 2 buildings which can potentially capture the lucrative summer rental period. Each unit is completely furnished with full kitchens, washers and dryers, and reverse osmosis drinking water.Two of the three units are protected by a fire suppression system and Generac generator. Also included is a Deeded 200' private shared beach on beautiful East Grand Traverse Bay- one mile south at the end of Sunset Shores Rd. Strategically located, this is a one of a kind property and is ideally suited for serving equestrian visitors, seasonal tourism and destination clients.

Highlights

Listed by Donald Fedrigon , 231-264-5400 REMAX Of Elk Rapids , 231-264-5400. MiRealSource, Inc. mls logo

Property Type

Residential

Lot/Acreage
1.44

Year Built

1940

County

Antrim

Area

Elk Rapids Twp (05006)

Neighborhood

Sunset Shores

School District

Elk Rapids Schools

Listing ID

80064882

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:11
  • Bathrooms:7
  • Full Bathrooms:5
  • 1/2 Bathrooms:2
Appliances:Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
Air Cond:Central A/C
Fireplaces:
Above Ground Sq Ft:5500
Below Ground Sq Ft:0
Basement:Poured
Water:Private Well

Exterior Features

Lot Dimensions:200x276x217x352
Zoning:Multi-Family,Residential
Others:
  • Additional:Deck, Lawn Sprinkler, Patio, Sidewalks
Sewer:Septic
Parking Features:Attached Garage,Garage
Principal Interest
$3,908
Taxes
$844

Home Price

$749,900

Loan Details

30 yrs
6.792%

Down Payment

20%
$149,980
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:
$3,907.83

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,907.83 $844.25 $0.00 $4,752.08
Yearly $46,894.00 $10,131.00 $0.00 $57,025.00
Total $1,406,819.95 $303,930.00 $0.00 $1,710,749.95
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Williamsburg, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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Data last updated: 2026-09-02T01:10:54.300Z

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