$1,300,000
SOLD SEP 25, 2024

4385 S Us Highway 23 Greenbush, MI 48738

-- Bed
-- Bath
5,000 Sq Ft
1.25 Acres

Recently Sold

$260 Per Sq Ft

13% Below List Price

Highlights

  • 156 Feet of Waterfront
  • Window Unit Cooling System
  • 14 Car Garage
  • 11 Fireplaces
  • Forced Air Heating and Cooling System

About This Home

As of September 2024

Live and work on the shores of majestic Lake Huron in this 1.25 acre property offering a unique blend of luxurious living and income potential, making it the perfect live-in and investment property. Pristine lakeside land includes a meticulously updated main house and 8 charming cabins, all with breathtaking lake views. The main house boasts 3 beds and 2 full baths, a masterpiece of modern upgrades and functionality. Spacious open-concept living area flooded with natural light. Gourmet kitchen with top-of-the-line appliances, granite countertops, and a large island. Wall of windows offering panoramic lake views. Luxurious master suite with a spa-like ensuite bath. Also includes an office space with private exterior entry. The eight cabins are a perfect blend of rustic charm and modern comfort. Successful rental history providing a steady stream of income for the current owner. Whether you continue the rental business or use the cabins as guest accommodations for friends and family, this property offers exceptional income potential. Imagine waking up to the sound of the waves and the smell of fresh lake air, all while earning rental income! The property features well-maintained grounds, providing a serene environment for residents and guests alike. Enjoy long walks on the private beach, picnics on the beach, and water sports right from your doorstep. Lake Huron is renowned for its crystal-clear waters, and this property gives you a front-row seat to experience it all. Most cabins will come fully furnished - start collecting rental income right away! View drone video and 3D tour.

Last Agent to Sell the Property

Danielle Snell

KW Advantage License #6501433073 Listed on: 09/20/2024

KW Advantage

Last Buyer's Agent

Danielle Snell

KW Advantage License #6501433073 Listed on: 09/20/2024

KW Advantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,612

Year Built

  • Built in 1960

Lot Details

  • 1.25 Acre Lot
  • Lot Dimensions are 150x570
  • 156 Feet of Waterfront

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 11 Fireplaces
  • Laundry in unit

Parking

  • 14 Car Garage
  • Gravel Driveway

Outdoor Features

  • Water Access

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Well
  • Septic System
  • Cable TV Available

Community Details

Overview

  • 11 Buildings
  • 9 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,612

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1960
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 150x570
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 9612.0
  • Tax Info:Zoning3: Commercial
  • Waterfront Options:Water Access YN: Yes
  • General Property Info:Total _pound_ Units: 9
  • General Property Info:Total _pound_ Bldgs: 11.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Waterfront Options:Water Frontage3: 156.0
  • Driveway:Gravel: Yes
  • Substructure:Slab: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Extras:Laundry Facility: Yes
  • Laundry Features Common Area: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 11
  • Basement: Slab
  • Basement: No
  • Laundry Features:In Unit: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 1500000.0
  • Number of Buildings: 11
  • Roof: Composition
  • Water Body Name: Lake Huron
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Total Parking Spaces: 14.0
  • General Property Info:Total Parking Spaces: 14.0
  • Extras:Garages: Yes

Utilities

  • Cooling: Window Unit(s), Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Common Area, In Unit
  • Sewer: Septic System
  • Utilities: Natural Gas Connected, Electricity Connected, Cable Connected
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes

Lot Info

  • Lot Size Acres: 1.25
  • Lot Size Area: 1.25
  • Lot Dimensions: 150x570
  • Lot Size Sq Ft: 54450.0
  • Zoning Description: Commercial
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 9

Tax Info

  • Tax Annual Amount: 9612.0
  • Tax Year: 2022

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2024 09/25/24 Sold $1,300,000 -13.3% $260 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
09/20/2024 09/20/24 For Sale $1,500,000 -- $300 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $10,549 $313,200 $0 $0
2024 $10,077 $284,300 $0 $0
2023 $7,649 $273,700 $0 $0
2022 $9,612 $245,500 $0 $0
2021 $10,244 $253,100 $0 $0
2020 $9,573 $255,300 $112,500 $142,800
2019 $8,794 $231,900 $112,500 $119,400
2018 $8,607 $231,100 $0 $0
2017 $8,504 $231,100 $0 $0
2016 $8,449 $233,800 $0 $0
2012 -- $268,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24049970

Southwestern Michigan Association of REALTORS®

APN: 041-146-000-377-00