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About This Home

This 0-bedroom, 0-bathroom commercial at 127 & 128 Oneida Drive in Houghton Lake, MI is listed for $1,500,000 ($221 per sqft). Built in 1940, the home offers 6,800 sqft of living space on a 1.40 acres lot.

Agent Description

Rare opportunity to own a highly successful waterfront hospitality property on Michigan's largest inland lake. Situated on nearly 1.5 acres with approximately 320 feet of prime sandy shoreline on beautiful Houghton Lake, this turnkey operation includes eight charming 2-bedroom log cabins, four featuring loft sleeping areas, plus a spacious 1,200+ sq.

ft. 3-bedroom, 1.5-bath waterfront home that can serve as an owner's residence or generate additional rental income.------- This classic Northern Michigan retreat has a long history of repeat guests, family gatherings, and group rentals. The well-maintained cabins are equipped with heat, cable television, Wi-Fi, and furnishings, allowing for immediate operation.

Guest amenities include docks, shuffleboard courts, game room, laundry facilities, fish cleaning station, expansive lawn areas, and abundant outdoor recreation space. The waterfront owner's home enjoys exceptional lake views from both the home and the lakefront sunroom, providing a perfect place to relax and enjoy the beauty of Houghton Lake.------- Recent improvements include newer roofs on the cabins and waterfront home.

Property is connected to municipal sewer and also includes an additional lot across the street featuring a 30' x 40' pole barn for storage and maintenance needs.------- Offered fully turnkey with equipment, furnishings, and business assets included, along with a partially furnished waterfront home.

Seller financing may be available to qualified buyers.------- Enjoy the unique lifestyle of living and working on one of Michigan's most popular vacation lakes. Conveniently located with easy access to I-75 and within reach of Northern Michigan's endless recreational opportunities, including boating, fishing, snowmobiling, golfing, ORV trails, state forests, and year-round outdoor adventure----- Shown by appointment only.

Key Features

  • Built in 1940
  • 1.40 acre lot
  • Waterfront

Property Details

1940

Amenities

WaterfrontBasement

Monthly Cost Estimate

$8,022/mo

20% down · 6.5% · 30 years

Principal$1,085
Interest$6,500
Insurance$438

Estimates only. Actual payments may vary.

Location

127 & 128 Oneida Drive

Houghton Lake, MI 48629

Property Details

Construction

Log

Heating

Forced Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 127 & 128 Oneida Drive is listed at $1,500,000 ($221/sqft). The estimated monthly payment is $6,500 based on 20% down at 6.5% interest.

Key features include: Built in 1940, 1.40 acre lot, Waterfront.

This property is listed by Kenneth Weaver and can be reached at 2316686303 or traversenorth@gmail.com.

KW

Kenneth Weaver

Agent at Berkshire Hathaway Homeservices - TC

(231) 668-6303

Listed by Berkshire Hathaway Homeservices - TC · View on Broker Site

MLS# 1946390· Source: listhub· Updated 1 days ago

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

127 & 128 Oneida Drive, Houghton Lake, MI 48629

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