13662 Red Arrow Hwy Shorewood-Tower Hills-Harbert, MI 49115
Shorewood-Tower Hills-Harbert NeighborhoodEstimated payment $16,455/month
Highlights
- 1 Fireplace
- Mini Split Air Conditioners
- High Speed Internet
- Chikaming Elementary School Rated A-
- Laundry Room
- Heating System Uses Natural Gas
About This Home
Rare investment opportunity in the heart of Harbor Country! This fully renovated, multi-unit property in Harbert, MI, offers a unique blend of luxury, functionality, and income potential. Currently operating as a high yield short-term rental with event space, the property's design allows for seamless adaptation to a variety of uses. Located on the lake side of Red Arrow Highway, it is just a short stroll or bike ride to Harbert Beach. This is an exceptional find in an affluent, underserved market. There are four modern loft-style units on the main level, including two spacious two-bedroom units (sleep 2-6 each) and two studio one-bedroom units (sleep 2 each). The two-bedroom units feature two baths with deep soaking tubs, full kitchens, gas fireplaces, in-unit laundry, and private deck areas. The two very large studio units include kitchenettes, fireplaces, and private outdoor spaces. Each family member could have their own unit and meet for family reunions in the large gathering room!
This lofty and modern event space is a standout feature, hosting large events with seating up to 55. This open span space has tall ceilings, a full kitchen with a beverage fridge, a half bath, a prep room with a second standard fridge, a cozy sitting area with modern furniture and a gas fireplace, and storage space. Two large modern sliders open to a beautifully landscaped courtyard. The outdoor area includes four private campfire spaces, a wedding ceremony area, and a large hot tub, creating a stunning setting for events of all kinds.
The completely private lower-level three-bedroom unit boasts a modern designer kitchen with custom-made countertops, in-unit laundry, and a living room with oversized glass garage doors that flood the space with natural light. The primary king bedroom includes a walk-in closet and an en suite bathroom with a deep soaking tub. The tall garage doors open to provide an indoor-outdoor living space with a private outdoor sitting area, hot tub with fireplace and fenced-in yard.
Storage is plentiful in the lower level, which also includes a designated laundry and supply room for seamless rental management. The remaining unfinished basement space presents a fantastic opportunity for further expansionwhether for additional studio units, storage, or a customized business venture.
Every inch of this property has been meticulously updated with new HVAC, plumbing, electrical, insulation, a new roof, and new flooring throughout. The property is being sold completely turnkey, including beach chairs, towels, umbrellas, coolers, bikes, and kayaks.
There is a designated laundry and supply center for organized linen management. The remainder of the lower level is an exciting opportunity for further development. This space could be converted into three additional rental units, used for extra storage, or repurposed to fit any commercial need.
Every inch of this property has been meticulously updated with new HVAC, plumbing, electrical, insulation, a new roof, and new flooring throughout. The property is being sold completely turnkey, including beach chairs, towels, umbrellas, coolers, bikes, and kayaks.
While the property is currently used for short-term rentals and events, its layout allows for easy transformation into various uses. Potential opportunities include a long-term or mid-term rental, condominium development, or a private estate. The flexible design makes it an excellent fit for owners and investors looking to customize the space to their vision.
Schedule your private showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,971
Year Built
- Built in 1960
Home Design
- Brick Exterior Construction
- Rubber Roof
- Concrete Siding
Laundry
- Laundry Room
- Laundry on lower level
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 14 Parking Spaces
- Driveway
Utilities
- Mini Split Air Conditioners
- Central Air
- Heating System Uses Natural Gas
- Heat Pump System
- High Speed Internet
Additional Features
- 1 Fireplace
- 0.35 Acre Lot
Community Details
- 5 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $6,915 | $188,700 | $0 | $0 |
2024 | $5,971 | $209,500 | $0 | $0 |
2023 | $5,688 | $233,500 | $0 | $0 |
2022 | $5,417 | $207,400 | $0 | $0 |
2021 | $5,924 | $192,700 | $25,800 | $166,900 |
2020 | $5,852 | $150,000 | $0 | $0 |
2019 | $3,549 | $167,600 | $6,500 | $161,100 |
2018 | $5,250 | $167,600 | $0 | $0 |
2017 | $5,598 | $174,100 | $0 | $0 |
2016 | $3,944 | $177,300 | $0 | $0 |
2015 | $3,193 | $141,500 | $0 | $0 |
2014 | $2,118 | $137,400 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/08/2025 08/08/25 | For Sale | $2,995,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $471,750 | First American Title | |
Warranty Deed | $471,750 | None Available | |
Quit Claim Deed | -- | None Available | |
Deed | $21,000 | -- | |
Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $0 | Credit Line Revolving | |
Open | $320,000 | New Conventional | |
Closed | $320,000 | Commercial | |
Previous Owner | $33,771 | Commercial |
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 25040095

APN: 11-07-0010-0038-18-5
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