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    Lake, MI
    Short Term Rental

    Lake, MI Short Term Rental Properties for Sale

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    Waterfront Multifamily Cabin Property
    Updated: Mar 23, 2025
    Waterfront Multifamily Cabin Property

    1249 N CROOKED, Lake, MI 48632

    $599,900
    3,164 sqft 0.34 AC lot
    Four cabins with 3,164 square feet, 9 bedrooms, and 4 bathrooms
    109 feet of waterfront on all‑sports Crooked Lake
    Vinyl seawall, sandy beach area, and two docks
    Recent updates to roofs, bathrooms, and seawall
    0.34‑acre parcel with a large parking area
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, 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.

    Short-Term Rental Property With Shop
    Short-Term Rental Property With Shop

    5783 W Houghton Lake Drive, Houghton Lake, MI 48629

    $799,900
    6,750 sqft 0.67 AC lot

    Residential property with a large accessory shop, rooftop deck, multiple en suites, and commercial/residential zoning.

    View details
    Historic Quadplex with Covered Porch
    Historic Quadplex with Covered Porch

    323 W Wright Avenue, Shepherd, MI 48883

    $489,000
    5,000 sqft 0.68 AC lot

    Historic quadplex on a large lot with covered porch, full basement, and features including hardwood floors and laundry hookups.

    View details
    Mixed-Use Building with Rental Units
    Mixed-Use Building with Rental Units

    323 W Wright Avenue, Shepherd, MI 48883

    $489,000
    5,200 sqft 0.68 AC lot

    Wood-frame commercial property combining an operating retail space, furnished short-term rentals, parking, and an open side lot.

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    Waterfront Cabin Resort
    Waterfront Cabin Resort

    127 Oneida Drive, Houghton Lake, MI 48629

    Contact for pricing
    7,000 sqft 1.50 AC lot

    Turnkey Northern Michigan waterfront operation with multiple log cabins, private docks, and a waterfront owner’s home.

    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 $599,900.

    Sale prices for short term rental properties in Lake, MI average $599,900 — 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
    Short term rental properties 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)

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