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4998 N Main St, Long Lake, MI, 48743

$700,000

Home List Price

$8,313*

Closing Credit

11 Bedrooms
8 Full Baths
3,516 SqFt
$199/SqFt
House

Location

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4998 N Main St, Green Lake Township$700,000

Buyer Closing Credits

$8,313*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1975
HeatingElectric, Baseboard
MLS #20240063910
Lot Size0.68 Acres
StatusActive

About 4998 N Main St

The Long Lake Lodge is a completely renovated turn key business. The business has the potential to make upwards of $225,000 per year. This entire business was just built out and is fully staffed. The building itself was just fully renovated, staged and furnished. This was all done by a team that has a track record of turning mom and pop hotels into thriving hotel businesses. The Long Lake Lodge features over 125ft of pristine lakefront on the highly sought after Long Lake. It has a 90ft private sandy beach with fire pits, BBQ grills, a wrap around deck, a brand new large parking lot, two private docs, 5 kayaks for guests to use, and is partnered with a pontoon boat rental company. The pontoon Rental Company, Long Lake Pontoon Rentals is also for sale, separately. The Long Lake Lodge is composed of 7 units, a laundry facility, storage/supply room, and a new large shed. Rooms 1-3 (lake side) are lake view rooms with 2 bedrooms, a living room, kitchenette, and bathroom. Room 4 (lake side) is a lake view room w/1 bedroom, 1 bathroom, living room and kitchenette. Rooms 5 (street side) is a 1 bedroom, 1 bathroom w/living room & kitchenette. Room 6 (street side) is a studio w/2 Queen beds, a bathroom and kitchenette. Room 7 (street side) is 2 bedroom w/kitchenette & bathroom. All 7 units can be rented out for over $2000/night in income to family reunions, corporate retreats, wellness/church retreats, and team bonding events. Use this property to host your entire family and rent it out to pay your bills! Renting it out is hassle free as the turnkey business has already been built out for you! The property is listed on AirBnB, VRBO, Expedia, Booking, etc has a fully built out PMS, website, automated door lock system and is fully operated by on-site staff.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1975
  • Stories: 1
  • Living Area: 3,516 SqFt

Listing Office:

  • Office Name: Cook & Associates
  • Office Phone: (734) 216-1933
  • Listing Agent: Auston Cook

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 8
  • Total Bedroom Count: 11

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.68 Acres

Utilities

Utilities Information:

  • Heating: Electric, Baseboard

Other

Directions Information:

  • Directions: At the corner of Rose City Rd. (County Highway F 28) and Long Lake Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $700,000
  • Price Per SqFt: $199/SqFt

Tax Information:

  • Annual Amount: $3,008
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$360K

Med. Price/SqFt

$224

Avg. Days On Market

135

# of Sold Homes

5

4998 N Main St vs Green Lake Township

86 DAYS ON ROCKET

-49 Days

$700,000

+$340K More

$199/SqFt

-$25 Less

KEY TAKEAWAY

This property is $340K more than the Median Sold Price and $25/SqFt less than other homes in Green Lake Township, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240063910

Listing Office:

  • Office Name: Cook & Associates
  • Office Phone: (734) 216-1933
  • Listing Agent: Auston Cook

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: 11/21/2024, 2:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,008$65,700
2020 - $80,500
2019 - $121,500
2018 - $114,300
2017 - $109,300

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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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-320503
5
/10
  • Lake Ann Elementary School

  • 19375 Bronson Lake Rd

  • 4.76 miles

  • Public Magnet Grades PK-5

school-card-donut-320504
5
/10
  • Westwoods Elementary School

  • 1500 Fisher Rd

  • 5.76 miles

  • Public District Grades PK-5

school-card-donut-320505
3
/10
  • Blair Elementary School

  • 1625 Sawyer Rd

  • 6.02 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,578. The majority of Green Lake Township, MI residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4998 N Main St

What is the listing price of this property?

The listing price of 4998 N Main St property is $700,000.

What type of property is this?

The property 4998 N Main St is a house located in Long Lake, Michigan, 48743.

Is this property for sale now?

Active Listing: 4998 N Main St 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 $3,008 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 4998 N Main St has 11 bedrooms and 8 bathrooms.

What is the square footage of this property?

The property 4998 N Main St is 3,516 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4998 N Main St is 1975.

Rocket Homes›Michigan›Grand Traverse County›Green Lake Township›48743›4998 N Main St

This home is located at 4998 N Main St in Long Lake, MI and zip code 48743. This 3,516 square foot home, which was built in 1975, sits on a 0.68 acre lot. Features: 11 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $700,000.

In October 2024, from all listings sold in Green Lake Township, MI there were more than 2 sold above asking price, over 3 sold below and more than 0 were sold right at the asked price. The inventory of homes for sale in Green Lake Township, MI between September 2024 and October 2024 decreased by 16.7%. In October 2024, listings were on the market for 135 days. During the same period, the median list price in this real estate market was $360,000.

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

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