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    Lake, MI
    Short Term Rental

    Lake, MI Short Term Rental Properties for Sale

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    Farwell, MI Sears, MI Clare, MI
    Waterfront Cabin Rental Compound
    Updated: Mar 23, 2025
    Waterfront Cabin Rental Compound

    1249 N CROOKED, Lake, MI 48632

    $644,900
    3,164 sqft · 0.34 AC lot
    Unique waterfront property with 4 cabins on the same lot on all‑sports Crooked Lake
    109 ft of water frontage with a vinyl seawall on all‑sports Crooked Lake
    Cabins recently updated, including roofs, bathrooms, and the seawall
    Includes 2 docks and a sandy beach area
    Water well and septic tank sewer system
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Residential Income Property with Shop
    Residential Income Property with Shop

    5783 W Houghton Lake Drive, Houghton Lake, MI 48629

    $999,000
    4,850 sqft · 0.67 AC lot

    Multiple en suites and a 50x80 attached shop support guest hosting, hobbies, and flexible on-site use.

    View details
    Historic Multi-Family with Four Units
    Historic Multi-Family with Four Units

    323 W Wright Avenue, Shepherd, MI 48883

    $489,000
    5,000 sqft · 0.68 AC lot

    Historic 4-unit configuration with basement, side yard, and parking for flexible rental or owner-occupied income use.

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    Historic Mixed-Use Building
    Historic Mixed-Use Building

    323 W Wright Avenue, Shepherd, MI 48883

    $489,000
    5,200 sqft · 0.68 AC lot

    For sale with operating retail and furnished short-term rentals plus parking and a vacant side lot.

    View details
    Single-Family Home with Attached Shop
    Single-Family Home with Attached Shop

    5783 West Houghton Lake Drive, Houghton Lake, MI 48629

    $999,000
    0.67 AC lot

    Single-family home with multiple en suites, rooftop deck, putting green, and a 50x80 attached shop with lounge area.

    View details

    Lake, MI Short Term Rental Properties Market Trends and Statistics

    Explore 1 short term rental properties for sale in Lake, MI on our real estate platform. These investment opportunities span a total of 3,164 square feet of properties for sale, with an estimated market value of $644,900.

    Sale prices for short term rental properties in Lake, MI start at $644,900, averaging $644,900, and reaching up to $644,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 4
    Mobile home & RV parks 1
    Quadplexes 1

    Demographics Overview

    Population 4,995
    Population Growth (5Y) -4.8%
    Median Household Income $51,740
    College Educated 18.2%

    Taxes & Financing

    Tax Rate (average for all types) 3.50%
    Tax Rate vs County Average 0.85 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Clare County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Clare County

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