Water Views - Primary on Main
Address
5401 W Houghton Lake Drive, Houghton Lake, MI
Price
$ 175,000
Property Attributes
- MLS#26049136
- TypeSingle Family
- Listing Status Active
- CountyROSCOMMON
- CityHoughton Lake
- AreaRoscommon Twp
- NeighborhoodRoscommon Twp
- Zip48629
- StyleCraftsman
- Year Built1940
- Taxes$ 620
- Price$ 175,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1392
- Lot Size0.48 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description
Lake views, proven rental history, and all the charm of a classic Houghton Lake cottage! Located directly across the street from Houghton Lake, this adorable 2-bedroom, 1-bath cottage offers lake views and a long history as a successful short-term rental. Even with a shortened rental season, the property grossed approximately $21,000 in 2026. Even better, this is a truly turnkey rental opportunity, being sold furnished and equipped, allowing the next owner to step in without the expense and hassle of furnishing a vacation rental from scratch. Whether you're looking for an investment property, personal getaway, or a combination of both, much of the work has already been done. The sellers have thoughtfully improved the property while preserving its original cottage character. Updates include new LVP flooring, new appliances, ceiling fan/light combinations, and beautifully restored original flooring in the mudroom. Major improvements completed in 2025 include new A/C, hot water heater, well pump, sump pump, and washer and dryer. There's also plenty of room for an RV, boat, trailer, or other Up North toys, plus an existing garage that may offer potential for conversion to additional living space or an accessory dwelling unit, subject to local zoning, permitting, and approval. Spend your mornings enjoying the lake view, your days on Houghton Lake, and your evenings relaxing at your own cozy retreat. With an established rental history, furnishings included, major improvements already completed, and room for all the toys, this one is ready to go from day one. Use it, rent it, or do a little of both!
| Price History | |
|---|---|
| 9/15/2026 | Listed $175,000 |
General Features
| Sewer | Public |
|---|---|
| Heating | Forced Air |
| Cooling | Central Air |
| Utilities | Natural Gas Connected |
| Possession | Close Of Escrow |
| Roof | Metal |
| Appliances | Dishwasher,Dryer,Microwave,Oven,Range,Refrigerator,Washer |
| Garage Spaces | 1.0 |
| Architectural Style | Craftsman |
| Security Features | Closed Circuit Camera(s) |
| Construction Materials | Vinyl Siding |
| Year Built | 1940 |
| Stories Count | 1 |
| Township | Roscommon Twp |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Private Owned |
| Waterfront Features | Lake |
| County | Roscommon |
| New Construction | No |
| Property Type | Residential |
| Attached Garage | No |
| Garage Y/N | Yes |
| Total Rooms | 7 |
| Full Baths | 1 |
| Status | Active |
| City | Houghton Lake |
| Body of Water | Houghton Lake |
| High School District | Houghton Lake |
| Lot Size Units | Acres |
| Lot Size Square Feet | 20909.0 |
| Carport Y/N | No |
| Listing Terms | Cash,FHA,Conventional |
| Land Lease Y/N | No |
| Tax Annual Amount | 620.0 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active |
| Tax Assessed Value | 74600 |
| MobileHomeRemainsYN | No |
| Legal Description | L-771 P-121 224 COM AT W1/4 COR SEC 13 TH S89DEG44'37 |
| Senior Community | None |
Interior Features
| Interior Amenities | Ceiling Fan(s),Garage Door Opener |
|---|---|
| Basement | Partial |
| Flooring | Vinyl |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Window Features | Bay/Bow,Window Treatments |
| Fireplace Y/N | No |
| Laundry Features | Laundry Room,Main Level |
| Total Bedrooms | 2 |
| Below Grade Finished Area | 0.0 |
| Main Level Bedrooms | 2 |
| Total Baths | 1 |
Exterior Features
| Parking Features | Detached |
|---|---|
| Lot Features | Level |
| Water Source | Well |
| Lot Size Area | 0.48 |
| Spa | No |
| Building Area Total | 1392.0 |
| Lot Dimensions | IRR-see attached survey |
| Lot Size Acres | 0.48 |
| Road Surface Type | Paved |
| Waterfront Y/N | No |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 48629
Price
Taxes
Year Built
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update September 15, 2026 3:18 PM UTC
Northern Great Lakes REALTORS® MLS All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
