$649,900
PENDING $20K PRICE DROP

7562 N Us Highway 23 Oscoda, MI 48750

Estimated payment $3,956/month

Total Views 9,962
9 Beds
5 Baths
2,210 Sq Ft
$294 Price per Sq Ft

Highlights

  • Beach Front
  • Patio
  • Ceiling Fan
  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Fenced

About This Home

Turn-Key Lakefront Resort with Proven Income – Zoned Commercial Exceptional opportunity to own a fully operational, short-term rental business on Lake Huron. Lovango Hideaway features four fully furnished, detached cottages on one parcel with private sandy beachfront and established branding through Airbnb/VRBO. Property has generated $65,807.90 in revenue year-to-date (as of July) and is on track to exceed $70,000+ by year-end, consistent with 2024 performance. Dates rented are from Memorial Day weekend through September. Each cottage includes a private bath, kitchen or kitchenette, and sleeps 4–6 guests, with total capacity up to 21 guests comfortably (24 max). Resort amenities include kayaks, beach gear, grills, outdoor dining areas, firepit, and private lake access. Strong repeat bookings and excellent guest reviews (average 9.6/10) make this a rare, profitable, and truly turn-key investment. Additional income potential exists by opening for winter rentals or reclaiming the one week currently held for owner use (estimated value $5,500). Showings limited to Saturdays only due to Airbnb bookings. Open House: Saturday, July 19 from 12:30–3:00 PM. Please verify with agent as we may get an acceptable offer prior to Open House.

Located just minutes from downtown Oscoda—named “Paddletown, USA” thanks to its scenic Au Sable River access, Lake Huron shoreline, and vibrant outdoor scene. Guests and owners enjoy nearby hiking, fishing, kayaking, golf, River Road Scenic Byway, Iargo Springs, and year-round local events.
Room sizes above are for the main cottage "Northern Air". The following are the room sizes for the remaining cottages.
#1 Catching Fireflies - Living Room 10’6 x 11’5, Kitchen/dining 12’5x11’5, Bedroom 1 - 7’7x8’, Bedroom 2 – 8’6x8’, Bathroom 5’3x5’5
#2 Starry Nights - Living Room 12’6x12, Kitchen 10’9x11’8, Bedroom 1 7’7x9’, Bedroom 2 7’7x9’, Bathroom 5’3.
#3 Lakeside Splash - Living Room 12’3x10’9, Kitchen 10’7x10’9, Bedroom 1 8’x8’8, Bedroom 2 8x8’5, Bathroom 5’6x5’2

Listing Agent

Dori Berean

3DX Real Estate-Brighton License #6501262181 Listed on: 07/14/2025

3DX Real Estate-Brighton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,981

Year Built

  • Built in 1960 | Remodeled in 2022

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150
  • Beach Front
  • 100 Feet of Waterfront
  • Lake Front
  • Property fronts a highway
  • Fenced

Home Design

  • Ranch Style House
  • Cottage
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 5 Full Bathrooms
  • 2,210 Sq Ft Home
  • Ceiling Fan
  • Crawl Space

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 064L1000005200

Community Details

Overview

  • 4 Units
  • Lake Huron Sand Beach Sub Subdivision

Recreation

  • Water Sports

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,981

Year Built

Built in 1960 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Cottage, Ranch
  • Architecture Level: 1 Story
  • Year Built: 1960
  • State Equalized Value: 187500.0000
  • Year Renovated: 2022
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Circuit Breakers
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Sq Ft Combined: 2210
  • Total Sq Ft: 2210

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Lake Huron
  • Waterfront: Yes
  • Foundation Details: Crawl, Slab
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Frontage Feet: 100
  • Porch Type: Patio
  • Road Frontage Type: Highway
  • Sideof Street: E
  • Water Frontage Feet: 100.00
  • Waterfront Description: Beach Front, Direct Water Frontage, Lake Front, Water Front
  • Fencing: Fenced

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Fee Information

  • Operating Expense: 20000.00

Schools

  • School District: Oscoda

Lot Info

  • Lot Size Area: 0.34
  • Lot Dimensions: 100x150
  • Parcel Number: 064L1000005200
  • Zoning: Commercial

Rental Info

  • Rent Includes: Heat, Electric
  • Monthly Rental Income: 21600

Tax Info

  • Tax Amount Summer: 4981.0000
  • Total Tax: 4981.0000
  • Taxable Value: 159784.0000

Multi Family

  • Waterfront Features: All Sports Lake, DIRFRT
  • Gross Scheduled Income: 70000.00
  • Number Of Units Total: 4
  • Number of Three Bedroom Units: 1
  • Number of Two Bedroom Units: 3
  • Number Of Units Leased: 4

MLS Schools

  • School District: Oscoda

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 $7,113 $187,500 $24,000 $163,500
2024 $6,514 $168,600 $0 $0
2023 $4,553 $147,600 $65,000 $82,600
2022 $6,286 $145,000 $65,000 $80,000
2021 $4,398 $108,100 $65,000 $43,100
2020 $4,281 $110,800 $65,000 $45,800
2019 $4,179 $97,200 $65,000 $32,200
2018 $4,050 $94,600 $65,000 $29,600
2017 $3,741 $92,400 $65,000 $27,400
2016 $3,692 $92,400 $0 $0
2015 -- $101,900 $0 $0
2014 -- $107,500 $0 $0
2013 -- $111,200 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Price Changed $649,900 -3.0% $294 / Sq Ft
08/11/2025 08/11/25 Pending -- -- --
07/14/2025 07/14/25 For Sale $669,900 +78.2% $303 / Sq Ft
06/01/2021 06/01/21 Sold $376,000 -3.3% $170 / Sq Ft
04/26/2021 04/26/21 For Sale $389,000 -- $176 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Warranty Deed $376,000 None Available
Warranty Deed $275,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $220,000 Purchase Money Mortgage
Source: Public Records

Source: Realcomp

MLS Number: 20251017065

Realcomp

APN: 064-L10-000-052-00