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32420 East Side Dr, Beaver Island MI, 49782

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$495,000   |  4 br, 3 ba
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  • $495,000 $100,000 (16.8%) - 01/31/12
  • *est. monthly payment: $

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  • 4 br, 3 ba
  • Last Updated: 05/31/2012

    • Call: 877-544-1646

Features & Amenities of 32420 East Side Dr

(By Appointment Only - arranged by Ed Wojan!)Beautiful, 2-bedroom (plus), 2-bathroom (plus) home on Lot #2 of the Beaver Sands Subdivision, just south of the middle of Sand Bay. This home is on a lot 100 feet wide by approximately 550 feet deep with pure sand bottom beach out front. The home is located about 200 feet back from the edge of the water with a fantastic view of Sand Bay and Lake Michigan to the east. It has a large, screened-in front porch plus extra decks around the house, with a large stone fireplace in the living room, and almost solid windows around the front room for a view of the beach and lake. This home has a large attached garage with a very nice apartment above the garage that has two bedrooms, one full bath, and a nice kitchen. This apartment is almost like an attached guest house. To the north side it has its own view of the water with its own set of steps down to the ground level and out to the beach. This house would make a beautiful second home for a large or extended family and it also has been a very good rental property with four bedrooms and three full bathrooms. Over the past 7 years it has consistently rented for 9 to 10 weeks each year, with over half being repeat guests. It will easily generate $18,000 to $20,000 in revenue each summer. Enjoy long walks on almost four miles of sand beach, enjoy the boat traffic on the east side of Beaver Island, and enjoy sunrises and beautiful moonrises to the east. The vacant lot immediately adjacent to this house was sold in the summer of 2007 for $195,000. Sellers are motivated to sell; the asking price was just reduced by $100,000. With the raw land value of this house at $160,000 and the replacement cost of the whole package above $750,000, this double house is a very good buy at $495,000.

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SmartZip Score: 51 51
Property Record for 32420 East Side Dr, Beaver Island MI, 49782

  • Estimated Value: $161,000
  • Monthly Value Change: --
  • Bedrooms(s): 4
  • Bathroom(s): 3
  • Square Ft: 0
  • Lot Size: 0
  • Property Type: Single Family Home
  • Year Built: 0
  • Monthly Est. Mortgage $2,248
  • Monthly Est. Insurance: $47
  • Monthly Property Tax: $668.25
  • Price Per SqFt:
  • Last Updated: 05/21/12
  • Last Sold Date:--
  • Last Sold Price:--
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Property Record information is provided by ©SmartZip Analytics, Inc. and ©2011 Fast Forward, Inc. Information is deemed reliable, but not guaranteed.

Watch Price Price History for 32420 East Side Dr, Beaver Island MI, 49782

Date Event Change Price
01/31/2012 Price Change -$100,000 (-16.81 %) $495,000
02/08/2011 First Listed - $595,000

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MLS # 131891574 Offered by

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Office: (231)448-2711
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