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5968 W Houghton Lake Rd, Houghton Lake, MI, 48629

$1,100,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Full Baths
2,244 SqFt
$490/SqFt
House

Location

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5968 W Houghton Lake Rd, Houghton Lake$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingBlacktop, Gravel, Private, None
Year Built1975
HeatingForced Air
WaterfrontPrivate Frontage, Lake, All Sports, Water View, Private Dock, Soft Bottom, Sandy Bottom, Public Lake
FireplaceFireplace(s)
MLS #1929178
Lot Size0.75 Acres
StatusActive

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.

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story, Other, Contemporary, Cottage, In-Law Suite or Apartment, Apartment, Bed & Breakfast
  • Year Built: 1975
  • Living Area: 2,244 SqFt

Listing Office:

  • Office Name: Brookstone Realtors
  • Office Phone: (248) 963-0505
  • Listing Agent: Renee Waverly

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Freezer, Ceiling Fan(s), Instant Hot Water
  • Interior: Walk-In Closet(s), Granite Bath Tops, Granite Kitchen Tops
  • Fireplace: Fireplace(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Waterfront: Private Frontage, Lake, All Sports, Water View, Private Dock, Soft Bottom, Sandy Bottom, Public Lake
  • Exterior: Deck, Multi-Level Decking, Patio, Handicap Access, RV Parking, Vinyl

Parking Information:

  • Attached Garage: No
  • Parking: Blacktop, Gravel, Private, None

Lot Features

Lot Information:

  • Lot: Cleared, Level, Rolling/Hilly
  • Lot Size: 0.75 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: On W Houghton Lake Dr (M-55) across from McKinley St (South Shore Marina)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
  • Price Per SqFt: $490/SqFt
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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

5968 W Houghton Lake Rd vs Houghton Lake

30 DAYS ON ROCKET

+7 Days

$1,100,000

+$895K More

$490/SqFt

+$335 More

KEY TAKEAWAY

This property is $895K more than the Median Sold Price and $335/SqFt more than other homes in Houghton Lake, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1929178

Listing Office:

  • Office Name: Brookstone Realtors
  • Office Phone: (248) 963-0505
  • Listing Agent: Renee Waverly

Copyright © 2024 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
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, 9:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$5,558

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-932402
3
/10

  • Collins Elementary School

  • 4441 W Houghton Lake Dr

  • 1.53 miles

  • Public District Grades PK-6

school-card-donut-932403
4
/10

  • Roscommon Elementary School

  • 175 West Sunset Dr

  • 14.67 miles

  • Public District Grades PK-3

school-card-donut-932404
3
/10

  • Robert M Larson Elementary School

  • 455 W Spruce St

  • 20.27 miles

  • Public District Grades KG-2

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,000. Typical income of Houghton Lake, MI residents is less than $35k annually. The majority of families are single, no kids. 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 5968 W Houghton Lake Rd

What is the listing price of this property?

The listing price of 5968 W Houghton Lake Rd property is $1,100,000.

What type of property is this?

The property 5968 W Houghton Lake Rd is a house located in Houghton Lake, Michigan, 48629.

Is this property for sale now?

Active Listing: 5968 W Houghton Lake Rd is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5968 W Houghton Lake Rd has 6 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 5968 W Houghton Lake Rd is 2,244 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5968 W Houghton Lake Rd is 1975.

Rocket Homes›Michigan›Roscommon County›Houghton Lake›48629›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 November 21, 2024 and is currently priced at $1,100,000.

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%. The median list price of listings available in November 2024 was $205,000, while the average time on the real estate market was 23 days.

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

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