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Property profile & analytics
OFF-MARKET
Residential income homes

6191 Larson Rd Fountain, MI 49410

Property ID
US43-1595832
Property summary
AI-generated overview

This exceptional Michigan lakefront property offers 14 charming cabins, including thirteen two-bedroom and one single-bedroom unit, situated on the pristine shores of Blue Lake. Boasting 500 feet of sandy beach frontage, the resort provides direct lake access and a variety of recreational amenities, including kayaks, paddle boats, and ten fishing boats. Community spaces feature fire pits and picnic tables. The property is the largest unrestricted property on Blue Lake, offering a unique investment opportunity due to its exclusive nature; no other rentals are permitted on the lake. Nearby attractions include scenic hiking trails in Manistee and Ludington. The sale includes two properties: 6191 N Larson Rd and 5858 E Deer Rd, totaling 14 cabins. The asking price is $1,600,100. All information should be verified by the buyer. This is a rare opportunity to acquire a fully operational, established resort with significant potential for growth and profitability in a highly desirable location. The property's unique features, including its size and exclusive rental status, make it a truly exceptional investment.

Property profile
Verified
Property type Residential income homes
UPID US43-1595832
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Blue Lake Resort Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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