8646 Thendara Blvd Independence Twp, MI 48348
MULTI FAMILY- 2 lodges- A True Log Cabin on Walters Lake – The Squirrels Nest Lodge Step back in time while enjoying every modern comfort in this rare opportunity to own a piece of Oakland County history. Nestled in the heart of Clarkston, one of Michigan’s most unique cities, this authentic log cabin offers unmatched character and breathtaking lakefront views. First built in 1930 with locally sourced timbers from Metamora, the main lodge boasts over 3,200 sq ft with a soaring 17-foot stone fireplace, spacious loft-style bedrooms, and nearly 1,000 sq ft of decking overlooking the sparkling waters of Walters Lake. The carriage house—has been thoughtfully renovated into a guest house featuring two private living quarters and a two-car garage. With 9 bedrooms, 4 kitchens, and over 6,000 sq ft of total living space across both sections of the home-this property is designed for gathering and entertaining. A private bluff-top setting provides spectacular views, while a private road and built-in stairs lead you to your own 38 feet of direct frontage on this all-sports lake—perfect for docks, boating, and year-round enjoyment. Currently operated as a successful short-term rental, The Squirrels Nest Lodge continues to generate generous income while being continuously updated to preserve its historic charm alongside today’s modern amenities. Whether you envision a family retreat, an income-producing investment, or a once-in-a-lifetime private residence, this is truly a property like no other. bikeScore: 16, Somewhat Bikeable walkScore: 0, Car-Dependent
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
