24911 Misery Bay Rd, Watersmeet MI 49969 $849,900

24911 Misery Bay Rd, Watersmeet 0 Acres $849,900 Active

  • CommercialProperty
  • Status: Active
  • Est. Year Built: 1985
  • Body of Water: Lac Vieux Desert
  • County: Gogebic MI
  • Property Taxes: $10,667
  • Property Tax Year: 2017
  • MLS#: 171398
  • Listing Company: Re/Max Action North

24911 Misery Bay Rd, Watersmeet, MI 49969 - DO YOU DREAM OF LIVING, PLAYING AND BEING SELF EMPLOYED ON A LAKE IN THE NORTHWOODS? If so, this is for you! This Lac Vieux Desert resort with 300+/-' of level sand lake frontage, consists of 8-9 year-around modern new or newly remodeled rental units; 1- 1 bedroom unit; 4 2 bedroom units; 2-3 bedroom units; 1-4 bedroom 2 bath unit with a gas fireplace (all with screened -in porches/decks) PLUS an exceptional 2-4 bedroom owners home with beamed tongue & groove wood vaulted ceilings, wood accent walls, a fireplace, a custom kitchen, central air & a screened porch/deck on the main level. The walk-out lower level consists of another 2 bedroom unit which makes this an optional 4 bedroom 2 bath owners home, with a sauna, or a 9 unit resort. Additional amenities are a 3+ car garage (attached to the owner's home with a check-in area), a detached 2 1/2 car in-floor heated garage & work shop, an outdoor lake side game/rec room bldg.+++ Land Contract to qualified buyer or 1031 Exchange available

Additional Features
  • Heating/Cooling: Baseboard, Central Air, Forced Air, Hydronic/Hot Water, Space Heater, Wall Furnace
  • Flooring: Carpeting, Vinyl
  • Roof: Composition Shingles
  • Waterfront/Access: Y
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
171398 Active May 9 2018 6:22PM $849,900 168

Estimated Monthly Payment

$3,287 per month
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Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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