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Lakeside Resort with Cabins
For Sale
$700,000

5358 W Houghton Lake Drive, Houghton Lake, MI 48629

MULTIFAMILY, Houghton Lake, MI

Property SizeContact for details
Lot Size0.43 Acres
Days on Market92

Property Features for 5358 W Houghton Lake Drive

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Appliances Dryer, Microwave, Range/Oven, Refrigerator, Washer
Elementary school district Houghton Lake Comm Schools
Middle school district Houghton Lake Comm Schools
High school district Houghton Lake Comm Schools
Subdivision Houghton Lake (72013)
Standard status Active
Lot size 0.43 Acres

Taxes and HOA fees

Tax Annual Amount 6829

Utilities

Water source Private

Amenities

docks
sandy beach

Building Details

Number of units 5
Listing Agency: Real Estate 4U - Lambertville
Listed By: Erika Fowler · License #MCAR-6504242728
Added: Jun 21 Changed: Aug 19 Last Checked: Sep 20 at 3:06PM
MLS# 50212204

Copyright © 2026 Southeastern Border Association 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 on Houghton Lake includes three individual cabins and a twinplex. The twinplex has a basement with an egress window and a lake view, while the property also includes docks and a sandy beach. A paddle boat and three small boats are included, along with appliances such as ranges/ovens, refrigerators, microwaves, washers, and dryers.

Set on 0.43 acres at 5358 W Houghton Lake Drive in Houghton Lake, Michigan, the property has private water service and direct lake access. Houghton Lake supports boating, kayaking, swimming, fishing, ice fishing, tubing, and other seasonal recreational activities.

Key Highlights

  • Three individual cabins plus a twinplex
  • Docks and sandy beach on Houghton Lake
  • Twinplex basement includes an egress window with lake view

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Resort - Three cabins and a twinplex provide multiple lodging configurations along Houghton Lake.
Where is this resort located?
The property is located at 5358 W Houghton Lake Drive 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; Docks and sandy beach on Houghton Lake; Twinplex basement includes an egress window with lake view
More about this property
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