2 months on rocket

216 S Harrison Rd, Houghton Lake, MI, 48629

$399,900

Home List Price

$4,749*

Closing Credit

12 Bedrooms
14 Full Baths
10,195 SqFt
$39/SqFt
House

Location

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216 S Harrison Rd, Houghton Lake$399,900

Buyer Closing Credits

$4,749*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAssigned2Spaces
Year Built1970
HeatingForced Air, Natural Gas
CoolingOther
MLS #5050158820
Lot Size3.02 Acres
StatusActive

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

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1970
  • Living Area: 10,195 SqFt

Listing Office:

  • Office Name: EXP Realty
  • Office Phone: (888) 501-7085
  • Listing Agent: Travis C Scott, Macey Burk

Interior Features

Interior Information:

  • Appliances: Dryer, Microwave, Oven, Refrigerator, Range, Washer
  • Basement: No
  • Interior: EntranceFoyer

Bedroom and Bathroom Information:

  • Full Bathrooms: 14
  • Total Bedroom Count: 12

Exterior Features

Parking Information:

  • Parking: Assigned2Spaces

Lot Features

Lot Information:

  • Lot Size: 3.02 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,900
  • Price Per SqFt: $39/SqFt

Tax Information:

  • Annual Amount: $4,705
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Houghton Lake, MI.

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Houghton Lake, MI

City

Med. Sold Price

$205K

Med. Price/SqFt

$154

Avg. Days On Market

23

# of Sold Homes

12

216 S Harrison Rd vs Houghton Lake

63 DAYS ON ROCKET

+40 Days

$399,900

+$194.9K More

$39/SqFt

-$116 Less

KEY TAKEAWAY

This property is $194.9K more than the Median Sold Price and $116/SqFt less than other homes in Houghton Lake, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Central Association of REALTORS
  • MLS Number: #5050158820

Listing Office:

  • Office Name: EXP Realty
  • Office Phone: (888) 501-7085
  • Listing Agent: Travis C Scott, Macey Burk

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 9:21:06 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 14, 2017Home Sold
$70,000
May 09, 2011Home Sold
$200,000
Sep 26, 2005Home Sold
$120,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,705$98,200
2020 - $100,100
2019 - $112,300
2018 - $106,600

History based on county public records data.

Payment Calculator

$2,063

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,265

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-930487
3
/10

  • Collins Elementary School

  • 4441 W Houghton Lake Dr

  • 4.02 miles

  • Public District Grades PK-6

school-card-donut-930488
4
/10

  • Roscommon Elementary School

  • 175 West Sunset Dr

  • 14.27 miles

  • Public District Grades PK-3

school-card-donut-930489
6
/10

  • Lake City Elementary School

  • 5534 W Davis Rd

  • 20.44 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,007. The majority of Houghton Lake, MI residents have income less than $35k annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 216 S Harrison Rd

What is the listing price of this property?

The listing price of 216 S Harrison Rd property is $399,900.

What type of property is this?

The property 216 S Harrison Rd is a house located in Houghton Lake, Michigan, 48629.

Is this property for sale now?

Active Listing: 216 S Harrison Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,705 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 14, 2017 for $70,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 216 S Harrison Rd has 12 bedrooms and 14 bathrooms.

What is the square footage of this property?

The property 216 S Harrison Rd is 10,195 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 216 S Harrison Rd is 1970.

Rocket Homes›Michigan›Roscommon County›Houghton Lake›48629›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 $399,900.

In November 2024, from all listings sold in Houghton Lake, MI there were more than 2 sold above asking price, over 10 sold below and more than 0 were sold right at the asked price. The inventory of homes for sale in Houghton Lake, MI between October 2024 and November 2024 increased by 1%. Listings spent 23 days on the market in November 2024, and had a median list price of $205,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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