Two homes on 16+-acres with Bear Lake frontage. Discover the limitless possibilities of this incredible lakefront property in Muskegon, nestled on a sprawling mostly-wooded parcel that backs up to the serene Bear Lake. This unique property includes two homes for a total rent potential of $4000/ month =$48,000/ year. Zoned as R3 (Multiple-Family Residential District). 5 possible splits- based on preliminary approval with Laketon Township. Total potential upside, if split as proposed, is a property value of $815,000. See proposed splits in image #54. Also included in additional documents in MLS documents.Create your own dream community, or simply enjoy the space and privacy it provides. A large path meanders through this vast estate, leading you to frontage on Bear Lake, which connects to Muskegon Lake and Lake Michigan. This is an outdoor lover's dream, ideal for birdwatching, strolls, or unwinding in nature's embrace.
Don't miss this unique opportunity to own a piece of paradise with limitless potential. Whether you're looking for a private oasis, an investment opportunity, or the perfect place to build your vision, this property has it all!
Property Type :
Residential
County :
Muskegon
Style :
Residential
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ByOwner last updated this listing 05/05/2024 @ 13:44
MLS: 606200548
LISTED BY: Kevin M Yoder , EXP Realty (Cascade)
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 2.50%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
