Blue Lake Twp, MI 49425,10765 Nichols Road
Blue Lake Twp, MI 49425,10765 Nichols Road
Blue Lake Twp, MI 49425,10765 Nichols Road
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$1,449,000
Est. payment /mo
7 Beds
6.5 Baths
3,282 SqFt

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Key Details

Property Type Single Family Home

Sub Type Ranch

Listing Status Active

Purchase Type For Sale

Square Footage 3,282 sqft

Price per Sqft $441

MLS Listing ID 71025038308

Style Ranch

Bedrooms 7

Full Baths 6

Half Baths 1

HOA Y/N no

Year Built 1977

Annual Tax Amount $7,028

Lot Size 0.860 Acres

Acres 0.86

Lot Dimensions 85x378x106x439

Property Sub-Type Ranch

Source West Michigan Lakeshore Association of REALTORS®

Property Description

Big Blue Cottages: Your Lakeside Legacy Awaits on Big Blue Lake-Escape to your paradise at beautiful Big Blue Lake in Michigan. This exceptional property invites you to own a thriving vacation rental business while fully embracing the idyllic lake life. Imagine waking up to serene lake views and ending your days with breathtaking sunsets that paint the sky.The Best of Both Worlds: Live on Site:Reside in a lovely 2-bedroom, 2-bathroom home, which includes a garage and extra storage sheds for your convenience.Thriving Vacation Rental Business:Manage five charming knotty pine cottages, each offering comfortable accommodations and stunning views of the lake.Flexible Income Potential:Rent out the owner's home for additional income or enjoy it as your personal retreat.**Excellent Investment Opportunity**
1. **Established Rental Business:** This property is currently operating as a successful short-term rental, providing immediate income potential.
2. **High Demand for Lakefront Properties:** There is a strong demand for vacation rentals in popular West Michigan areas, such as Big Blue Lake, especially for properties with direct lake access.
3. **Diverse Income Streams:** With five individual cottages, you have the flexibility to accommodate various group sizes and generate income from multiple sources.
4. **Positive Market Trends:** West Michigan's tourism industry is thriving, attracting visitors from across the country, particularly those seeking lakefront experiences.
5. **Potential for Appreciation:** Well-maintained lakefront properties in desirable areas tend to appreciate in value over time, offering long-term investment benefits.
**Lifestyle and Personal Enjoyment**
1. **Lakeshore Living:** Enjoy the tranquility and beauty of Big Blue Lake, known for its breathtaking sunsets and recreational opportunities.
2. **Access to Amenities:** Indulge in water sports, fishing, yard games, bonfires, and more, all right at your doorstep.
3. **Ideal for Personal Use:** Use the cottages for personal getaways to create cheri

Location

State MI

County Muskegon

Area Blue Lake Twp

Direction 31 N to Russell Rd to Owasippe Rd to Nichols Rd

Body of Water Big Blue Lake

Rooms

Kitchen Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator

Interior

Interior Features Carbon Monoxide Alarm(s), Laundry Facility, Other

Heating Forced Air, Radiant

Fireplace yes

Appliance Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator

Heat Source Natural Gas, Propane

Laundry 1

Exterior

Parking Features Door Opener, Tandem, Attached

Waterfront Description Lake Front,Private Water Frontage,Lake/River Priv

Water Access Desc All Sports Lake,Dock Facilities

Roof Type Composition

Porch Deck, Patio, Porch

Road Frontage Paved

Garage yes

Private Pool No

Building

Lot Description Level, Sprinkler(s)

Foundation Crawl, Slab

Sewer Public Sewer (Sewer-Sanitary), Septic Tank (Existing)

Water Other, Well (Existing)

Architectural Style Ranch

Level or Stories 1 Story

Structure Type Aluminum,Block,Brick,Vinyl

Schools

School District Holton

Others

Tax ID 04775000002500

Ownership Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Listed by Buffy Schichtel of Coldwell Banker Woodland Schmidt Grand Haven

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agent

Randy Hambright

License ID: 3​8​3​1​4​0

+1(586) 615-1895

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10765 Nichols Road