Turn-Key Lakefront Resort with Proven Income - Zoned CommercialA;Exceptional opportunity to own a fully operational, short-term rental business on Lake Huron. Lovango Hideaway features four fully furnished, detached cottages on one parcel with private sandy beachfront and established branding through Airbnb/VRBO. Property has generated $65,807.90 in revenue year-to-date (as of… Read More July) and is on track to exceed $70,000+ by year-end, consistent with 2024 performance. Dates rented are from Memorial Day weekend through September.A;A;Each cottage includes a private bath, kitchen or kitchenette, and sleeps 4-6 guests, with total capacity up to 21 guests comfortably (24 max). Resort amenities include kayaks, beach gear, grills, outdoor dining areas, firepit, and private lake access. Strong repeat bookings and excellent guest reviews (average 9.6/10) make this a rare, profitable, and truly turn-key investment.A;A;Additional income potential exists by opening for winter rentals or reclaiming the one week currently held for owner use (estimated value $5,500).A;A;Showings limited to Saturdays only due to Airbnb bookings.A;Open House: Saturday, July 19 from 12:30-3:00 PM. Please verify with agent as we may get acceptable offer prior to Open House.A;A;All showings must be accompanied by a licensed REALTOR®. Please do not lock door by handle - use code only. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of 3DX Real Estate-Brighton. [email protected] (888) 304-1447
Listing Snapshot
Days Online
39
Last Updated
Property Type
Commercial
Square Ft.
2,210
Lot Size
0.34 Acres
Year Built
1960
MLS Number
20251015989
30 Days Snapshot Of 48750
$275k
+57%
(avg) sold price
6
-25%
homes sold
109
+147%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Highway
Building
Built in 1960, Remodelled in 2022, 2,210 total square feet, 2,210 main square feet, 0 office square feet, 4 total units, 3 two-bedroom units, 1 three-bedroom unit, Vinyl
Exterior Features
Fenced
Foundation
Crawl, Slab
Water Features
Natural Gas, Public (Municipal)
Heating
Natural Gas
Lot
Lot size area: 0.34, Lot size dimensions: 100x150
Miscellaneous
Gross scheduled income: $70,000, Monthly sales: $21,600, Net operating income: $50,000, Operating expense: $20,000, Recreational, Apartments, Business And Real Estate
Property
Property type: Commercial, Direct Water Frontage, Lake Front, Water Front, Waterfront: Lake Huron, Commercial
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