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$1,200,000
5 Beds
3 Baths
3,369 SqFt
3.93 Acre Lot
171,191 Sqft Lot
Status Active
Property Type Single Family Residence
Price Type
Year Built 1900
Neighborhood
Days on Website 225

Property Map

$1,200,000 – 93283 County Road 690, Dowagiac, MI 49047

Street View

Courtesy of R1 Property Group, Nate Paulus.

Description

Discover an extraordinary investment/business/vacation rental or friend and family compound opportunity with a history of cash flow and a recent complete overhaul! This one-of-a-kind property sits in the epicenter of Sister Lakes, just steps from the area’s top attractions and directly across the street from the only public beach in town. For decades this almost 4 acre property operated as a seasonal campground (28 lots) but was recently purchased and has undergone a TOTAL overhaul. The property is now presented as a private short-term rental property for large groups that includes the completely updated 3,300 sq+. foot Great House, 4 stylish retro Airstreams with 2 of them being updated, 2 teepees, a pole barn ”game room”, completely renovated bathhouse and hot-tub for 8. Start generating revenue quickly as this property comes turnkey! All FF&E, property amenities, operating supplies and 4 Airstreams are INCLUDED in the sale price! There are multiple opportunities to generate additional income on this rare and valuable piece of commercial land. Pro formas with 3 different business models (using historical expense data and historical revenue data to forecast) are available upon request: (1) full property (Great House + Airstreams + Teepees) short-term rental (current model), (2) Great House short-term rental + 28 seasonal campground lots and (3) Great House short-term rental + nightly campground lot rentals. ALL 3 business models give ample opportunity to generate revenue. Don’t miss this unique and exciting property in Sister Lakes! Read what our guests have said on Airbnb after our SOLD OUT summer with ALL 5-star reviews!

Property Details and Features

Basement

  • Basement: “Crawl Space”

Bathrooms

  • 3 full bathrooms
  • 3 total bathrooms

Bedrooms

  • 5 total bedrooms

Building

  • Architectural Style: “Farm House”
  • Building Area Total: 3,369
  • Construction Materials: “Vinyl Siding”
  • Living Area: 3,369
  • Year Built: 1900
  • 2 stories

Cooling

  • Cooling Included
  • Cooling: “Central Air”

Garage

  • Garage Included

Water Features

  • Waterfront Features: “All Sports”, “Public Access 1 Mile or Less”

Heating

  • Heating: “Forced Air”, “Natural Gas”
  • Heating Included

Listing

  • Listing Contract Date: 2023-10-05
  • Listing Id: 23137201
  • Listing Terms: “Cash”, “Conventional”
  • Mls Status: Active
  • Modification Timestamp: 2023-10-05 23:38:12
  • On Market Date: 2023-10-05
  • Original Entry Timestamp: 2023-10-05 23:29:53
  • Standard Status: Active
  • Status Change Timestamp: 2023-10-05 23:29:52

Location

  • City: Dowagiac
  • State Or Province: MI
  • County Or Parish: Van Buren
  • Postal Code: 49047
  • MLS Area Major: Southwestern Michigan – S
  • MLS Area Minor: Southwestern Michigan – S

Lot

  • 3.93 acres
  • Area: 3.93
  • Dimensions: Irregular
  • 171,191 square feet

Property

  • Parcel Number: 801203212710
  • Property Sub Type: Single Family Residence

Additional Rooms

  • Rooms Total: 15

Schools

  • Middle Or Junior School District: Dowagiac

Sewer

  • Sewer: “Public Sewer”

Taxes

  • Annual Amount: $6,674
  • Tax Year: 2023

Utilities

  • Utilities: “High-Speed Internet Connected”
  • Water Source: “Well”