Lakeside Cabin
For Sale
$950,000
11586 N Old 27, Frederic, MI 49733
MultiFamily, Ranch, Cottage, Frederic, MI
Property Size4,077 SF
Price / SF$233.01
Days on Market131
Property Features for 11586 N Old 27
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Bedrooms
14
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 5, Bathroom 5, Bedroom 4, Bathroom 2, Bathroom 8, Bedroom 10, Bathroom 6, Bathroom 7, Bedroom 7, Bathroom 4, Bedroom 12, Bedroom 14, Bathroom 3, Bedroom 9, Bedroom 6, Bedroom 1, Bedroom 8, Bathroom 1, Bedroom 13, Bedroom 2, Bedroom 11, Bedroom 3
Interior features
Carpet, Ceiling Fans, Hardwood Floors, Smoke Detector, Tile Floors
Basement
Crawl Space
Appliances
Washer, Refrigerator, Microwave, Dryer
Subdivision
T28N R3W
High school
Grayling
Directions
From I-75 Exit at 270 for Waters, Travel west on Marlette Rd. Trun left on Old 27 South, 1.7 miles property will be on your left
Standard status
Active
APN
020-006-004-080-00
Size
4,077 SF
Taxes and HOA fees
Tax Description
COMM AT A PT S42 DEG 15M W 456.8 FT FROM INTERSEC.OF N LINE OF SE/4 OF NE/4 OF SEC 6 & E LY R.O.W. OF US-27-TH S51 DEG 18ME 184.2 FT TO W LY SHORE CONT. 283-6-4-4 OF HORSESHOE LAKE-TH S LY ALONG SHORE 112.2 FT-TH S81 DEG 30MW 385.8 FT-TH N 42 DEG ...
Legal Description
COMM AT A PT S42 DEG 15M W 456.8 FT FROM INTERSEC.OF N LINE OF SE/4 OF NE/4 OF SEC 6 & E LY R.O.W. OF US-27-TH S51 DEG 18ME 184.2 FT TO W LY SHORE CONT. 283-6-4-4 OF HORSESHOE LAKE-TH S LY ALONG SHORE 112.2 FT-TH S81 DEG 30MW 385.8 FT-TH N 42 DEG ...
Utilities
Sewer type
Septic Tank
Heating system
Propane (Heating), Forced Air, Electric (Heating), Baseboard
Cooling system
Central Air, Wall Unit(s), Ceiling Fan(s)
Water source
Well
Water front
1
Amenities
docks
swim raft
kayaks
playground area
firepits
ample parking
Building Details
Number of units
8
Building materials
Metal Siding, Paved Street, Shed, Steel Siding, Vinyl, Wood
Architectural style
Cottage, Ranch
Listing Agency:
Real Estate One of Gaylord
(989) 448-8209
Listed By:
Jim Hodges
(989) 370-9850
Added: May 19
Changed: Sep 13
Last Checked: Sep 26 at 7:06AM
MLS# 201840145
Copyright © 2026 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This resort property includes 8 lakeside cabins totaling 4,077 square feet. Seven cabins are operated as four-season rentals, with one larger cabin serving as caretaker living quarters and another unit connected to a garage and workshop. The buildings feature cottage and ranch-style elements, along with a mix of hardwood, tile, and carpet flooring. Heating includes propane, forced air, electric, and baseboard systems, while cooling is provided by central air, wall units, and ceiling fans.
The property fronts Horseshoe Lake and includes two docks, a swim raft, kayaks, a playground area, firepits, and ample parking. It is located 2 miles from I-75 and near snowmobile trails. Water service is provided by a well, with septic infrastructure on site.
The property fronts Horseshoe Lake and includes two docks, a swim raft, kayaks, a playground area, firepits, and ample parking. It is located 2 miles from I-75 and near snowmobile trails. Water service is provided by a well, with septic infrastructure on site.
Key Highlights
- 8 lakeside cabins totaling 4,077 square feet
- Seven cabins configured for four‑season rentals
- Horseshoe Lake setting with two docks and a swim raft
Property Analytics
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Current Use
Lease Details
8
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Explore this area
Business Placement
Demographics for 49733, MI
1,722
Population
1,510
Households
1.1
Avg Household Size
52
Median Age
15%
College-Educated
92%
High-School Grad
107.6 sq mi
ZIP Area
16
Density / Sq Mi
$65,471
Median Household Income
$37,583
Median Earnings
$791
Median Rent
$148,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Resort - Eight-cabin lodging property with lake access, recreational amenities, and year-round rental use.
Where is this resort located?
The property is located at 11586 N Old 27 Frederic, MI.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 8 lakeside cabins totaling 4,077 square feet; Seven cabins configured for four‑season rentals; Horseshoe Lake setting with two docks and a swim raft
