4998 N Main St Long Lake, MI 48743
Estimated payment $3,644/month
Highlights
- Beach Front
- Ground Level Unit
- Porch
- Ranch Style House
- No HOA
- Baseboard Heating
About This Home
Long Lake Lodge is a fully renovated 8-unit lakefront motel on the shores of Long Lake in Northern Michigan, offering approximately. 125 ft of frontage, a 90-ft private sandy beach, two docks, fire pits, BBQ grills, and five guest-use kayaks. This turnkey property includes six rentable units, one community gathering space, and one employee unit. Four units offer direct lake views. Units 1, 2, and 3 are 2-bed, 1 bath suites with kitchenettes and lakefront views. Unit 4 is a 1-bed, 1-bath with a kitchenette and lake views. Street-side units include Unit 5 (1 bed, 1 bath, kitchenette) and Unit 7 (2 bed, 1 bath, kitchenette). Unit 6 is a newly constructed community room featuring a full kitchen, dining space, Smart TV, and full bath—ideal for retreats, group bookings, or family events. Unit 8 is designated for employee use and includes a laundry area (2 washers, 2 dryers), a full bath, and storage. Boat rental business, including two pontoons docked on-site and 5 kayaks with oars and life vests etc, is available for separate purchase and can significantly enhance income potential. The property is fully furnished and operating with modern systems in place. Seller is motivated and has priced the property below the total investment cost. Excellent opportunity to own a commercial lakefront asset with multiple revenue streams and upside potential in a peaceful, natural setting.
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 1975 | Remodeled in 2024
Lot Details
- 0.68 Acre Lot
- Lot Dimensions are 120 x 246
- Beach Front
- 120 Feet of Waterfront
Home Design
- Ranch Style House
Interior Spaces
- 3,516 Sq Ft Home
- Furnished or left unfurnished upon request
- Crawl Space
Bedrooms and Bathrooms
- 11 Bedrooms
- 8 Full Bathrooms
Utilities
- Back Up Electric Heat Pump System
- Baseboard Heating
Additional Features
- Porch
- Ground Level Unit
Community Details
- No Home Owners Association
- Suprvr's Plat Of Long Lake Village Subdivision
Listing and Financial Details
- Assessor Parcel Number 073L6000200100
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 | $4,899 | $147,800 | $14,400 | $133,400 |
| 2024 | $2,757 | $125,900 | $0 | $0 |
| 2023 | $2,009 | $100,100 | $100,100 | $0 |
| 2022 | $2,567 | $82,600 | $82,600 | $0 |
| 2021 | $2,616 | $65,700 | $65,700 | $0 |
| 2020 | $3,103 | $80,500 | $0 | $0 |
| 2019 | $3,733 | $121,500 | $118,100 | $3,400 |
| 2018 | $3,650 | $114,300 | $114,300 | $0 |
| 2017 | $3,473 | $109,300 | $109,300 | $0 |
| 2016 | $3,382 | $109,300 | $0 | $0 |
| 2015 | -- | $110,900 | $0 | $0 |
| 2014 | -- | $114,600 | $0 | $0 |
| 2013 | -- | $113,200 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/26/2025 08/26/25 | For Sale | $650,000 | +30.0% | $185 / Sq Ft | |
| 01/05/2024 01/05/24 | Sold | $500,000 | -4.8% | $142 / Sq Ft | View Prior Sale |
| 08/01/2023 08/01/23 | For Sale | $524,999 | +5.0% | $149 / Sq Ft | |
| 07/31/2023 07/31/23 | Off Market | $500,000 | -- | -- | |
| 05/05/2023 05/05/23 | Price Changed | $524,999 | 0.0% | $149 / Sq Ft | |
| 05/05/2023 05/05/23 | For Sale | $524,999 | +5.0% | $149 / Sq Ft | |
| 04/15/2023 04/15/23 | Off Market | $500,000 | -- | -- | |
| 01/01/2023 01/01/23 | Pending | -- | -- | -- | |
| 12/18/2022 12/18/22 | For Sale | $499,999 | 0.0% | $142 / Sq Ft | |
| 10/28/2022 10/28/22 | Pending | -- | -- | -- | |
| 08/26/2022 08/26/22 | For Sale | $499,999 | -- | $142 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $500,000 | None Listed On Document | |
| Warranty Deed | $500,000 | None Listed On Document | |
| Warranty Deed | $125,000 | None Listed On Document |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $375,000 | New Conventional | |
| Closed | $375,000 | New Conventional | |
| Closed | $375,000 | New Conventional |
Source: Realcomp
MLS Number: 20251030957
APN: 073-L60-002-001-00
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