$534,900
Beds: 8
Baths: 4
Sqft: 2,650
Sqft lot: 17,424
Acre lot: 0.40
133 Days On Market
Status: Active
Property Type: Single Family Residence
Year Built: 1950
Days On Website: 133

3 rental cottages on 1 Silver Lake waterfront lot. Owners paid $550,000 & put over $100,000 into these cottages. All 3 have new/newer roofs & flooring. Dock, sandy beach area. Great swimming, boating & fishing lake. Cottages all have a great view of the dunes & lake & could be sold off separately by turning into condominium units. Weekly summer rentals at $4950 for all 3 together. Sleeps 20 people in 6 bedrooms, 4 baths, 1 laundry, 3 kitchens, 3 lakeside decks/patios. 2008 appraisal at $615,000 before many improvements. Legal is lots 14 & 35 (beach front) of Adelia Beach. Two 2 bedroom, 1 bath cottages w/new flooring, baths and remodels. 4 bedroom, 2 bath cottage w/large deck, new roof. Over $46,000 income for summer 2016 and $42,214.67 for 2017. Seller is licensed agent.

Features

Property Access

  • Unpaved

Appliances and Equipment

  • Microwave
  • Oven
  • Range
  • Refrigerator

Bathrooms

  • 4 total bathroms
  • 4 full bathrooms
  • 4 main floor full bathrooms
  • Master bath level: M

Bedrooms

  • 8 bedrooms
  • 8 bedrooms above grade
  • 8 main floor bedrooms

First Bedroom

  • Master bedroom level: M

Second Bedroom

  • Second bedroom level: M

Third Bedroom

  • Third bedroom level: M

Fourth Bedroom

  • Fourth bedroom level: M

Fifth Bedroom

  • Fifth bedroom level: M

House

  • Built in 1950
  • 15 rooms above ground
  • Design: Cabin/Cottage
  • Accessibility features: No
  • 2,650 main level square feet
  • 0 lower level finished square feet
  • 0 lower level square feet
  • Storage Shed
  • Screens

Cooling

  • Central
  • Window Unit

Dining Room

  • Dining area level: M

Exterior Features

  • Wood Siding

Fireplaces

  • 1 fireplace
  • Fireplace
  • Living

Water

  • Deck(s)
  • Well
  • All Sports
  • Dock
  • Private Frontage
  • View
  • Lake

Heating

  • Propane
  • Forced Air

Kitchen

  • Kitchen level: M

Laundry

  • Laundry room level: M

Listing

  • Listing ID: 18004585
  • List price: $534,900

Location

  • 8532
  • W
  • Silver Lake
  • Road
  • City: Mears
  • MI
  • 49436
  • County: Oceana
  • Directions: Schedule via ShowingTime. Rented Saturday to Saturdays most weeks of summer. May need to schedule Saturdays 12-2
  • Cross streets: W Hazel Rd and N 22nd Ave.
  • Paved
  • Public

Lot

  • 60 X 40 X 60 X 250 lot dimensions
  • Lot measured in acres
  • 17,424 lot square feet
  • 0 acres

Living Room

  • Living room level: M

Property

  • Property type: A
  • Property subtype: Single Family Residence
  • Water access
  • Shrubs/Hedges

Roof

  • Composition

Schools

  • School district: Hart

Taxes

  • $8,972 annual property tax
  • Tax year: 2018

Utilities

  • Septic System
  • Broadband
  • Cable

Property Map

Map View


$534,900 - 8532 W Silver Lake Road, Mears, MI 49436

Street View


Directions


8532 W Silver Lake Road
Mears, MI 49436

Nearby Schools

Local Sales

Courtesy of Coldwell Banker Schmidt Realtors, Andrea L Crossman.