Active

5401 W Houghton Lake Drive

Houghton Lake, MI 48629
Mark as Favorite
Bed 2

Bed

Bath 1

Bath

SqFt1,392

Sqft

Acres0.48

Acre(Lot)

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 inclu de 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!

Read More Expand
Tour with a ByOwner Agent

Detail Ic Property Details

Property Type : Residential

Price : $175,000

AD Id : 91266221

MLS Id : 26049136

Beds : 2

Lot Size : 0.48 Acre

Living Area Size : 1,392 Sq. Ft

Tax Amount : $620

Year Built : 1940

County : Roscommon

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 2 Window Feature: Bay/Bow, Window Treatments

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Water/Sewer

    Water BodyName: Houghton Lake Sewer: Public

    Room Information

    Other Rooms: 7
  • Flooring Information

    Vinyl
  • Roofing Information

    Metal
  • Interior Features

    Ceiling Fan(s), Garage Door Opener Roof: Metal Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer Laundry Features: Laundry Room, Main Level
  • Heating & Cooling

    Heating: Forced Air Cooling: Central Air WaterSource: Well
  • Fireplace

    Number of Fireplaces: 0 Fireplace Features: 0

  • Building Information

    Year Built: 1940 Construction Materials: Vinyl Siding Security System: Closed Circuit Camera(s) Basement: Partial Roof: Metal
  • Exterior Features

    Porch: Porch(es)
  • Road Types

    Paved
  • Fencing

    Privacy
  • Laundry Features

    Laundry Room, Main Level

    Patio And Porch

    Porch(es)

    Fencing

    Privacy

  • Lot Information

    Lot Dimensions: IRR-see attached survey Lot Description: Level Lot Size Area: 0.48 Acres Lot Square Feet: 20,909 Waterfront: Lake Stories: 1 Main Square Feet: 1392

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Style: Craftsman SQ ft (Living Area): 1,392 Construction Materials: Vinyl Siding Property Age: 86

  • Listing Price Information

    Listing Id: 26049136 ist Price: $175,000 List Price Tot SqFt: $126 Listing Terms Cash, FHA, Conventional
  • Listing Information

    Possession: Close Of Escrow

  • Tax Information

    Parcel Number: 011-213-005-0862 Annual Tax: $620 Tax Year: 2025 Taxes: L-771 P-121 224 COM AT W1/4 COR SEC 13 TH S89DEG44'37

  • Parking Information

    # of Garage Spaces: 1 Has Garage: Yes Detached

  • School Information

    Senior High School District: Houghton Lake
  • Utility Information

    Natural Gas Connected
Sell a home like this and save $10,001 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
110 Trescott Lane , Houghton Lake, MI, 48629 $129,900 2 2 1,040 0.30 Acre
117 Vienna Court , Houghton Lake, MI, 48629 $319,900 3 2.5 1,728 0.75 Acre
632 Old Trail Drive , Houghton Lake, MI, 48629 $199,900 3 2 938 0.25 Acre
2185 E Houghton Drive , Houghton Lake, MI, 48629 $999,900 5 3.5 2,913 0.48 Acre
5167 E Houghton Lake Dr.., Houghton Lake, MI, 48629 $279,900 3 3 1,930 0.65 Acre
200 Mcdonald Drive , Houghton Lake, MI, 48629 $1,099,000 4 3 1,709 0.67 Acre
12336 E Houghton Lake D.., Houghton Lake, MI, 48629 $134,900 3 2 1,280 0.17 Acre
103 Visnaw Street , Houghton Lake, MI, 48629 $179,900 3 2 1,494 0.32 Acre
5931 W Houghton Lake Ro.., Houghton Lake, MI, 48629 $92,500 1 1 840 0.11 Acre
110 Guernsey Avenue , Houghton Lake, MI, 48629 $375,000 5 3 1,200 0.23 Acre

ByOwner last updated this listing 09/20/2026 @ 04:37

MLS: 26049136 LISTED BY: April Moayyer, Moayyer Real Estate 616-350-3429 SOURCE: Michigan Regional Information Center (MichRIC)

Homes around $175,000

Selling? Save $10,001 when you sell a home like this

Tour with a ByOwner Agent