$650,000

4998 N Main St Long Lake, MI 48743

Estimated payment $3,682/month

Total Views 12,840
11 Beds
8 Baths
3,516 Sq Ft
$185 Price per Sq Ft

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.

Listing Agent

Nicholas Bastianelli

Real Broker LLC License #6501413033 Listed on: 08/26/2025

Real Broker LLC

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,616

Year Built

Built in 1975 | Remodeled in 2024

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1975
  • State Equalized Value: 125900.0000
  • Year Renovated: 2024
  • Entry Location: Ground Level
  • Special Features: 14
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Furnished - Negotiable
  • Room Count: 20
  • Total Bedrooms: 11
  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • Sq Ft Combined: 3516
  • Total Sq Ft: 3516

Exterior Features

  • Waterfront Name: Long Lake
  • Waterfront: Yes
  • Foundation Details: Crawl
  • Construction Materials: Wood
  • Frontage Feet: 120
  • Porch Type: Porch
  • Road Frontage Type: Paved
  • Water Frontage Feet: 120.00
  • Waterfront Description: Beach Front, Water Front

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Electric
  • Heating: Baseboard
  • Sewer: Septic Tank (Existing)
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Hale

Lot Info

  • Lot Size Area: 0.68
  • Lot Dimensions: 120 x 246
  • Parcel Number: 073L6000200100

Tax Info

  • Tax Amount Summer: 1973.0000
  • Tax Amount Winter: 643.0000
  • Total Tax: 2616.0000
  • Taxable Value: 125900.0000

MLS Schools

  • School District: Hale

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
Source: Realcomp

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
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,000 New Conventional
Closed $375,000 New Conventional
Closed $375,000 New Conventional
Source: Public Records

Source: Realcomp

MLS Number: 20251030957

Realcomp

APN: 073-L60-002-001-00