Search
Three-Home Vacation Rental Property
New
For Sale
$699,900

400 HOUGHTON VIEW Drive, Prudenville, MI 48651

Three furnished residences operate year-round, with lake access and guest-ready kitchens, furnishings, and in-home amenities.

Property SizeContact for details
Days on Market4

Property Features for 400 HOUGHTON VIEW Drive

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Furnished Yes
Multifamily Units 3
Currently Operating Yes

Amenities

dock
boat lift
kayaks
paddleboards
swimming raft

Building Details

Buildings 3
Listing Agency: Wilbanks Real Estate
Listed By: Dave Garbarino
Source: Blueowlprop
Added: Nov 1 Last Checked: Nov 3 at 6:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wilbanks Real Estate

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This short-term rental property comprises three furnished, year-round homes with established rental operations spanning four years. Home 1 accommodates six guests, Home 2 accommodates four, and Home 3 accommodates eight. The homes include equipped kitchens, Roku TVs, linens, remote-controlled locks, heating, air conditioning, and security cameras. Updates include roofing, windows, flooring, docks, and decking. Cleaning, maintenance, lawn care, weed control, and dock services are handled by established staff.

Home 3 sits directly on Houghton Lake; Homes 1 and 2 have lake views and are steps from a community lake landing. The property includes approximately 110 feet of dock, a boat lift, kayaks, paddleboards, and a swimming raft. Restaurants, shopping, rentals, a trailhead, and entertainment are within approximately 2 miles. Summer occupancy has exceeded 96% between Memorial Day and Labor Day, and approximately 65% of summer guests return.

Key Highlights

  • Three furnished homes operated year‑round for 4 years
  • Summer occupancy exceeded 96% between Memorial Day and Labor Day; approximately 65% of summer guests return
  • Home 3 is directly lakefront; Homes 1 and 2 have lake views and access to a nearby community landing

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

136
Businesses Nearby

Demographics for 48651, MI

4,396
Population
3,825
Households
1.1
Avg Household Size
56
Median Age
19%
College-Educated
92%
High-School Grad
71.0 sq mi
ZIP Area
62
Density / Sq Mi
$42,938
Median Household Income
$32,917
Median Earnings
$797
Median Rent
$156,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - Three furnished residences operate year-round, with lake access and guest-ready kitchens, furnishings, and in-home amenities.
Where is this short term rental property located?
The property is located at 400 HOUGHTON VIEW Drive Prudenville, MI.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Three furnished homes operated year‑round for 4 years; Summer occupancy exceeded 96% between Memorial Day and Labor Day; approximately 65% of summer guests return; Home 3 is directly lakefront; Homes 1 and 2 have lake views and access to a nearby community landing
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved