FOR SALE3.93 ACRES
93283 County Road 690
Dowagiac, MI 49047
5 Beds
3 Baths
3,369 sqft (on 3.93 acres)
- 5 Beds
- 3 Baths
- 3,369 sqft (on 3.93 acres)
5 Beds
3 Baths
3,369 sqft
(on 3.93 acres)
Local Information
© Google
-- mins to
Commute Destination
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!
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!
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$356
Listed
180+ days ago
Home Details for 93283 County Road 690
Interior Features |
|---|
Interior Details Basement: Crawl SpaceNumber of Rooms: 15 |
Beds & Baths Number of Bedrooms: 5Main Level Bedrooms: 2Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Dimensions and Layout Living Area: 3369 Square Feet |
Appliances & Utilities Utilities: High-Speed Internet Connected |
Heating & Cooling Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Stories: 2 |
Exterior Features |
|---|
Parking & Garage Has a GarageParking: Garage |
Frontage Waterfront: All Sports, Public Access 1 Mile or LessNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Days on Market |
|---|
Days on Market: 180+ |
Property Information |
|---|
Year Built Year Built: 1900 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Farm House |
Building Construction Materials: Vinyl SidingNot a New Construction |
Property Information Parcel Number: 801203212710 |
Price & Status |
|---|
Price List Price: $1,200,000Price Per Sqft: $356 |
Active Status |
|---|
MLS Status: Active |
Location |
|---|
Direction & Address City: Dowagiac |
School Information High School District: Dowagiac |
Agent Information |
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Listing Agent Listing ID: 23137201 |
Building |
|---|
Building Area Building Area: 3369 Square Feet |
Community |
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Community Features: Lake |
Lot Information |
|---|
Lot Area: 3.93 Acres |
Offer |
|---|
Listing Terms: Cash, Conventional |
Compensation |
|---|
Sub Agency Commission: 0.00Sub Agency Commission Type: %Transaction Broker Commission: 0.00Transaction Broker Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
|---|
Mls Number: 23137201 |
Additional Information |
|---|
Lake |
Last check for updates: about 22 hours ago
Listing courtesy of Nate Paulus, (574) 276-6533
R1 Property Group
Source: MichRIC, MLS#23137201
Price History for 93283 County Road 690
| Date | Price | Event | Source |
|---|---|---|---|
| 10/05/2023 | $1,200,000 | Listed For Sale | MichRIC #23137201 |
| 05/06/2021 | $425,000 | Sold | MRED as distributed by MLS GRID #10993683 |
| 11/07/2014 | $200,000 | Sold | N/A |
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Property Taxes and Assessment
| Year | 2017 |
|---|---|
| Tax | $5,025 |
| Assessment | $282,000 |
Home facts updated by county records
Comparable Sales for 93283 County Road 690
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.20 | Single-Family Home | $535,000 | 02/28/24 | 4 | 3 | 2,800 | |
0.41 | Single-Family Home | $229,900 | 12/15/23 | 3 | 2 | 1,332 | |
0.41 | Single-Family Home | $594,900 | 01/11/24 | 5 | 2 | 2,140 | |
0.42 | Single-Family Home | $849,000 | 08/07/23 | 4 | 2 | 1,850 | |
0.12 | Single-Family Home | $250,000 | 06/29/23 | 2 | 2 | 1,166 | |
1.30 | Single-Family Home | $500,000 | 06/30/23 | 4 | 3 | 2,500 | |
0.66 | Single-Family Home | $499,900 | 10/06/23 | 6 | 2 | 1,635 | |
1.28 | Single-Family Home | $500,000 | 10/17/23 | 3 | 3 | 3,312 | |
0.96 | Single-Family Home | $525,000 | 03/12/24 | 4 | 3 | 3,090 | |
0.65 | Single-Family Home | $242,500 | 09/29/23 | 3 | 2 | 1,647 |
What Locals Say about Dowagiac
- Jacqueline
- Resident
- 2y ago
"Sister Lakes has the same zip code as, Michigan 49047. However, other reviews, are referring to, the CITY of Dowagiac. Sister Lakes, Magician Lake, is a very quiet, recreational, law abiding area. Fun for Families. "
- Ester V.
- Resident
- 3y ago
"nothing is special in this town, some what peaceful, low. time rate, the lakes are a big attraction here"
- Pauleym99
- Resident
- 3y ago
"the commute to downtown is like 2 minutes about from where i live but if you like in the country which i have lived there before too, it is about 10 minutes"
- Amber C.
- Resident
- 5y ago
"Drivers do not obey speed limits on in the area. Trains go by often, dogs that are anxious might not like that."
- Paula S. C.
- Prev. Resident
- 6y ago
"I grew up here and it still has all the small town charm and everyone looks out for each other and care about their neighbors and their community "
- cody
- 12y ago
"i live here and i go to edwardsburg public shools there the best so i would take your kids there its a 20 min drive there and a good comunity so i would go there if you got kids"
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Nate Paulus, R1 Property Group
Information is deemed reliable but not guaranteed.
Copyright 2024 MichRIC, LLC. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
93283 County Road 690, Dowagiac, MI 49047 is a 5 bedroom, 3 bathroom, 3,369 sqft single-family home built in 1900. This property is currently available for sale and was listed by MichRIC on Oct 5, 2023. The MLS # for this home is MLS# 23137201.