Recreational Land with Home for Sale in Houghton Lake, Michigan

350 Michelson Rd Houghton Lake, MI 48629

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$349,900
31.8 acres
Active sale agoEst $1,876/mo

Exceptional Investment Opportunity! Income-Generating Property! This property, located along M127, has a newly signed lease for a 150x150 sq ft area where a cell phone company will be installing a tower this fall. The 25-year lease agreement offers monthly payments starting at $900, gradually increasing to around $1,200 by the lease's end. There's also a cash-out option of $125K available immediately after the tower is installed. An additional existing sign on the property brings in $100 per month.

Welcome to this beautifully updated home nestled on 31.8 acres of tranquil land. The property boasts two scenic ponds, an oversized two-car garage with storage lofts and a workshop, a large deck, and a lovely garden. Just one mile from Houghton Lake Public Access, it's a nature lover's dream, offering abundant wildlife and hunting blinds for outdoor enthusiasts.

Whether you're seeking a year-round residence or a vacation retreat, this property offers the perfect blend of modern comfort and natural beauty. Featuring a mix of wooded and open areas, it's ideal for storing your recreational toys, hunting, or simply enjoying the surrounding wildlife. Despite its private setting, it's conveniently close to town, making it a fantastic option for group investments or recreational use. BATVAI.

1,500
Sq feet
4
Beds
2
Full baths

Directions

North of Houghton Lake Dr and West of 127

Property details

Coordinates
44.342, -84.8107
Community
Lake TWP
School District
Houghton Lake
Elevation
1,148 feet
MLS Number
REALCOMP 20240051667
Date Posted

Legal description

Parcels

  • 0060330100021

Property taxes

Recent
$1,500

This 31.8-acre property is located at 350 Michelson Rd in Houghton Lake, MI 48629 with latitude 44.342 and longitude -84.8107. The property is currently available for sale for $349,900. It has a 1,500 sq ft 4 bedroom, 2 bath house. Listing data is sourced from Realcomp Limited II # 20240051667.

Verify sale details at the property source or contact eXp Realty at (888) 501-7085.

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Copyright (C) 2024 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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