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Lakefront Resort with Sandy Beach
For Sale
$700,000

5358 W Houghton Lake Dr, Houghton Lake, MI 48629

Hospitality property with multiple guest accommodations, private lake access, docks, and recreational equipment.

Property SizeContact for details
Days on Market69

Property Features for 5358 W Houghton Lake Dr

General Information

Standard status Active
Property subtype Investment

Additional Details

Multifamily Units 5

Taxes and HOA fees

Annual Taxes $6,828

Amenities

docks
sandy beach

Building Details

Year Built 9999
Buildings 4
Units 5
Listing Agency: REAL ESTATE 4U
Listed By: Erika Fowler · License #MCAR-6504242728
Source: Elliman
Added: Jun 24 Changed: Aug 30 Last Checked: Aug 30 at 8:49PM

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 REAL ESTATE 4U

Investment Insights

Based on property information with market context.

This Houghton Lake resort includes three individual cabins and a twinplex with a basement featuring an egress window and lake views. The property includes docks, a sandy beach, a paddle boat, three small boats, and appliances. These improvements support a hospitality operation with both standalone and twin-unit accommodations.

Located at 5358 W Houghton Lake Dr in Houghton Lake, Michigan, the property sits directly on Houghton Lake, identified in the source information as Michigan’s largest inland lake. The all-sports lake supports boating, fishing, ice fishing, kayaking, tubing, swimming, and access to sandbars. The property has a Walk Score of 27 and a Bike Score of 28.

Key Highlights

  • Three individual cabins plus a twinplex with basement space
  • Direct Houghton Lake setting with sandy beach and lake views
  • Docks included with the property

Property Analytics

Current Use

Resorts

Suggested Use

Top Pick Real Estate Agency Dental Office Auto Repair Shop Restaurant Law Firm Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

85
Businesses Nearby

Demographics for 48629, MI

7,420
Population
7,248
Households
1
Avg Household Size
56
Median Age
18%
College-Educated
90%
High-School Grad
77.5 sq mi
ZIP Area
96
Density / Sq Mi
$54,622
Median Household Income
$33,544
Median Earnings
$784
Median Rent
$142,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Resort - Hospitality property with multiple guest accommodations, private lake access, docks, and recreational equipment.
Where is this resort located?
The property is located at 5358 W Houghton Lake Dr Houghton Lake, MI.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Three individual cabins plus a twinplex with basement space; Direct Houghton Lake setting with sandy beach and lake views; Docks included with the property
More about this property
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