648 Emerald Dr Newaygo, MI 49337

Rare opportunity to own a 3-bedroom, 2-bath year-round cottage on all-sports Emerald Lake, a beautiful private lake in Newaygo. This cottage boasts 60' of sandy frontage with crystal clear water and deep lot. Large living room, good-sized kitchen with eating area, laundry, bedroom with ensuite full bath, 2nd full bath. Up are 2 bedrooms. 1.5-stall garage provides ample storage. Improvements include furnace (2021), water heater (2016), roof (2008), plus replacement windows. Served by association sewer. Cottage has been a rental for many years. Most furnishings to remain. Emerald Lake is part of the desirable Chain of Lakes, with full boating access to Sylvan, plus kayak and jet ski access to Pickerel and Kimball lakes. No offers will be reviewed or accepted prior to 8/16/22 at 2:00 p.m. Dock, swim raft, paddle boat, and fishing boat are included in the sale, along with most of the furniture and furnishings. Items marked with blue or green tape are reserved by the sellers. The Emerald-Sylvan Lake Association is responsible for maintaining the roads around the lake, including E. Emerald Drive. The association also takes care of weed control and arranges social events. Membership in the association is voluntary but 80% of owners join. Fee is $150 annually. For more information on the association, visit https://www.emeraldsylvan.com/. Sellers have rented the property in the summers for several years. They get $1,200 a week when they rent directly to friends and $1,400 a week on VBRO. Gross is about $11,000-$12,000 for the summer. The expenses amount to what they pay for weekly cleaning, utilities (including propane), and insurance. They do not have a profit and loss statement.