5968 w houghton lake drive, houghton lake, MI 48629

This is a unique property with the flexibility to possess a residence self-service marina yearly leases or short-term rental cabins on the beautiful Houghton Lake which is the largest inland lake in Michigan!! This property provides stunning water vistas and 100 feet of lakefront wrapped in a tranquil setting. Exceptional properties do not wait and neither should exceptional buyers. This newly listed marina estate invites you to step into a world where luxury commerce and the timeless allure of Michigan's most magnificent inland lake converge in perfect resplendent harmony. These cottages generate $1000 per month for a 12-month rental period with an estimated potential of $180 to $250 per night for short-term rentals. The primary residence could serve as a primary home (that has been rented on a yearly basis for $2000.00 a month) or be utilized for short-term rentals accommodating an estimated 10 to 12 guests. The walk-out lower level could be developed into an additional unit potentially for a caretaker or owner residence. The western section of the property offers possibilities for further construction potentially for additional rental cottages or another house. There is also the opportunity to establish a kayak paddleboard and canoe rental business as well as offer pontoon rentals for short-term rental clients. The property is commercially zoned and currently supports 36 boat slips generating an annual gross rental income of $49 800 from seasonal slip rentals alone. The aggregate gross income is conservatively estimated at $93 500 but with vision and care it could significantly exceed this figure. - Term rentals with yearly leases - Features on-demand computerized commercial well and updated energy efficient gas heat. - Land contract available to suitable buyers with a significant down payment. - Sellers have owned this very special property since 1996and are willing to walk the buyers through all aspects of the property including the marina.

Water Name:  Houghton Lake

Listing Courtesy of: Lisa Lovejoy of Epique Realty Inc.

Information provided by Water Wonderland Board of REALTORS^® ©2026
Listing information provided courtesy of the Water Wonderland Board of REALTORS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS.

This listing last updated: Thu, April 16, 2026 at 4:26:28 PM EDT

WWBMI Listing Data Last Updated on Thu, April 23 2026 at 9:27am