$1,200,000
Onekama, MI 49675
MLS# 25057997

1 / 62
Property Description
Rare investment opportunity on Portage Lake along scenic M-22! This recently renovated property features three separate units, ideal for long-term or short-term rental income, or live in one and use the cottage for a guest house! New flooring, appliances and everything else! A dock and storage shed are included. Enjoy easy access to Lake Michigan, Arcadia Bluffs, the Glenwood, and all the charm of Onekama and M-22. Park next door and another down the street with public boat launch. Near Onekama Marina. West-facing windows frame spectacular Portage Lake sunsets, making this a truly unique and beautiful offering. Sale includes both parcels: 41-300-034-00 and 41-450-026-00.
Details
Maps
Location Property Info
County: Manistee
Street #: 4642
Street Name: Main
Suffix: Street
State: MI
Zip Code: 49675
Zip (4): 8719
Area: MasonOceanaManistee - O
OfficeContract Info
Status: Active
Current Price: $1,200,000
List Price: $1,200,000
Listing Date: 2025-11-12
General Property Info
Lot Measurement: Acres
Lot Square Footage: 8965
Lot Acres: 0.21
Lot Dimensions: 97 x 93 and 57 x 48 x 53 x 85
Year Built: 1940
New Construction: No
Cert of Compliance: Yes
Road Frontage: 96
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 2
Total Approx. SqFt All Bldgs: 3500
Total Parking Spaces: 4
Waterfront: Yes
Body of Water: Portage Lake
Statewide Lakes & Rivers: Portage Lake
School District: Onekama
Association YN: No
Tax Info
Tax ID #: 41-450-026-00
Taxable Value: 163100
SEV: 163100
For Tax Year: 2025
Seller's Annual Property Tax: 7613
Tax Year: 2025
Spec Assessment & Ty: none
Zoning: Com/Res
Waterfront Options
Water Access Y/N: Yes
Water Frontage: 57
Access Feat
Accessibility Features: No
Unit 1
Unit #: 1
Unit Description: Main House
SqFt: 1500
Occupied: No
Bedrooms: 4
Bathrooms: 3
Full Baths: 2
Half Baths: 1
Unit 2
Unit #: 2
Unit Description: under Main level
SqFt: 1400
Occupied: Yes
Monthly Rent: 1400
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 3
Unit #: 3
Unit Description: Small Stone Cottage
SqFt: 680
Occupied: No
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Property Features
Laundry Features: Main Level
Water Type: Lake
Exterior Material: Stone
Roofing: Rubber
Substructure: Full; Walk-Out Access
Lot Description: Corner Lot
Sewer: Public Sewer; Septic Tank
Water: Well
Utilities Attached: Cable Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; Natural Gas Available; Phone Available
Owner Pays: Electricity; Gas; Sewer; Trash Collection
Tenant Pays: None
Heat Source: Natural Gas
Heat Type: Baseboard; Hot Water
Air Conditioning: Mini-Split
Driveway: Other
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional; VA Loan
Possession: Negotiable; Subject To Tenant Rights
Sale Conditions: None
Unit 1: A/C Unit; Dishwasher
Listing Office: Five Star Real Estate (Onekama)
Listing Agent: Corinn Fink
Last Updated: November - 21 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.


