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Two-Cabin Short-Term Rental
For Sale
$649,900

8646 Deadstream Rd, Honor, MI 49640

Furnished lodging compound with established rental history, wooded privacy, and access to lakes, trails, and four-season recreation.

Property Size1,184 SF
Lot Size1.21 Acres
Days on Market74

Property Features for 8646 Deadstream Rd

General Information

Standard status Active
Size 1,184 SF
Lot size 1.21 Acres
Property subtype Investment

Units

Unit Mix 1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units 2

Additional Details

Furnished Yes

Building Details

Building Size 1,184 SF
Year Built 1947
Buildings 2
Units 2
Listing Agency:
Listed By: Jamie Grace
Source: Elliman
Added: Jun 19 Changed: Aug 31 Last Checked: Aug 31 at 5:25AM

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 Jamie Grace

Investment Insights

Based on property information with market context.

This furnished short-term rental property includes two separate cabins on 1.21 acres surrounded by mature hardwoods. The combined layout provides five bedrooms and two bathrooms. Kodiak is a three-bedroom log home with one bathroom and improvements completed since 2021, including exterior sandblasting, chinking, staining, plumbing and electrical work, refinished cement beneath the carport, and updated furnishings. Brown Bear is a two-bedroom cottage with one bathroom, underground power service, and refreshed furnishings.

The property sits between Platte Lake and Little Platte Lake, with Lake Michigan, Crystal Lake, Sleeping Bear Dunes National Lakeshore, the Platte River, and area trails nearby. Boating, fishing, kayaking, hiking, snowmobiling, golfing, orchards, wineries, and Crystal Mountain Resort are all identified as nearby recreational amenities. Traverse City and Frankfort are within an easy drive. Both cabins are offered furnished and have a documented short-term rental history.

Key Highlights

  • Two furnished cabins on 1.21 acres between Platte Lake and Little Platte Lake
  • Combined configuration includes 5 bedrooms and 2 bathrooms
  • Kodiak: 3‑bedroom log home with 1 bathroom and improvements completed since 2021

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Real Estate Agency Restaurant Bed & Breakfast Hotel & Motel

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby

Demographics for 49640, MI

1,501
Population
1,236
Households
1.2
Avg Household Size
53
Median Age
42%
College-Educated
92%
High-School Grad
64.0 sq mi
ZIP Area
23
Density / Sq Mi
$83,750
Median Household Income
$36,071
Median Earnings
$805
Median Rent
$285,000
Median Home Value

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?
Short term rental property - Furnished lodging compound with established rental history, wooded privacy, and access to lakes, trails, and four-season recreation.
Where is this short term rental property located?
The property is located at 8646 Deadstream Rd Honor, MI.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Two furnished cabins on 1.21 acres between Platte Lake and Little Platte Lake; Combined configuration includes 5 bedrooms and 2 bathrooms; Kodiak: 3‑bedroom log home with 1 bathroom and improvements completed since 2021
More about this property
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