NOT LISTED FOR SALE

7562 N Us Highway 23 Oscoda, MI 48750

Oscoda Area

Estimated Value: $639,302

Studio
-- Bath
2,210 Sq Ft
$289/Sq Ft Est. Value

Sale Details

Date Sold: November 24, 2025

Last sale price $629,000 $285 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,084 / mo

105 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Forced Air Heating and Cooling System
  • Fenced

About This Home

As of November 2025

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 VRBO. Property has generated $65,807.90 in revenue year-to-date (as of July), 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). All showings must be accompanied by a licensed REALTOR. Please do not lock door by handle—use code only.

Last Agent to Sell the Property

Dori Berean

RE/MAX Platinum License #6501262181 Listed on: 07/11/2025

RE/MAX Platinum

Last Buyer's Agent

Julia Nisley

eXp Realty LLC in Monroe License #6501461408

eXp Realty LLC in Monroe

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,981

Year Built

  • Built in 1960 | Remodeled in 2022

Lot Details

  • 14,810 Sq Ft Lot
  • Lot Dimensions are 100x150
  • 100 Feet of Waterfront
  • Lake Front
  • Property fronts a highway
  • Fenced
  • Zoning described as Commercial

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,210 Sq Ft Home
  • Crawl Space

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

Property Details

Property Type

Other

Est. Annual Taxes

$4,981

Year Built

Built in 1960 | Remodeled in 2022

Lot Details

0.34 Acres

Listing Details

  • Property Type: BusinessOpportunity
  • Year Built: 1960
  • Current Use: Commercial
  • State Equalized Value: 187500.00
  • Year Renovated: 2022
  • Property Sub Type: BusinessandRealEstate
  • LotSizeAcres: 0.34
  • Water Body Name: Lake Huron
  • Co List Office Mls Id: 408339
  • Above Grade Finished Sq Ft: 2210.00
  • Living Area: 2210.00
  • ClassName: BusinessOpportunity
  • ThirdPartyApprovalRequiredYN: No
  • Special Features: RealEstateOwned

Interior Features

  • Fireplace: No
  • Basement: No

Exterior Features

  • Waterfront: Yes
  • Foundation Details: CrawlSpace, Slab
  • Construction Materials: VinylSiding
  • Road Frontage Type: Highway
  • Sideof Street: E
  • Water Frontage Feet: 100.00
  • Fencing: Fenced
  • Roof: Asphalt

Garage/Parking

  • Garage: No

Utilities

  • Cooling: CentralAir
  • Heating: ForcedAir, NaturalGas
  • Sewer: SepticTank
  • Water Heater Fuel: NaturalGas
  • Water Source: Public
  • Electric: CircuitBreakers
  • Utilities: AboveGroundUtilities

Fee Information

  • Operating Expense: 20000.00

Schools

  • Junior High Dist: Oscoda

Lot Info

  • Lot Dimensions: 100x150
  • Parcel Number: 064L1000005200
  • Land Lease Expiration Date: 2026-04-30
  • Zoning Description: Commercial

Rental Info

  • Percent Leased: 100

Tax Info

  • Tax Amount Summer: 4981.00
  • Tax Annual Amount: 4981.00

Multi Family

  • Waterfront Features: AllSportsLake, DirectWaterFrontage, LakeFront, Waterfront
  • Gross Scheduled Income: 70000.00
  • Number Of Units Total: 4
  • Above Grade Finished Area Units: SquareFeet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2025
Closed on
Nov 24, 2025
Sold by
Bought by
Seller's Agent
Dori Berean
RE/MAX Platinum
Buyer's Agent
Julia Nisley
eXp Realty LLC in Monroe
List Price
$649,900
Sold Price
$629,000
Premium/Discount to List
-$20,900
-3.22%
Views
185
Current Estimated Value
$639,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,302
Avg. Annual Appreciation
2.61%

Purchase Details

Listed on
Apr 26, 2021
Closed on
Jun 1, 2021
Sold by
Bought by
Seller's Agent
Joy Beebe
GREAT LAKE REALTY CO, LLC
Buyer's Agent
Joy Beebe
GREAT LAKE REALTY CO, LLC
List Price
$389,000
Sold Price
$376,000
Premium/Discount to List
-$13,000
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.17%

Purchase Details

Closed on
Nov 2, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
0.047%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$629,000 Liberty Title
$376,000 None Available
$275,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $220,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2025 11/24/25 Sold $629,000 -1.6% $285 / Sq Ft
10/29/2025 10/29/25 Pending -- -- --
10/09/2025 10/09/25 Price Changed $639,000 -1.7% $289 / Sq Ft
10/09/2025 10/09/25 For Sale $649,900 0.0% $294 / Sq Ft
08/19/2025 08/19/25 Price Changed $649,900 -3.0% $294 / Sq Ft
08/11/2025 08/11/25 Pending -- -- --
07/16/2025 07/16/25 For Sale $669,900 +78.2% $303 / Sq Ft
06/01/2021 06/01/21 Sold $376,000 -3.3% $170 / Sq Ft View Prior Sale
04/26/2021 04/26/21 For Sale $389,000 -- $176 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,327 $214,800 $115,000 $99,800
2025 $5,150 $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

Agents Affiliated with this Home

  • Dori Berean

    Seller's Agent in 2025

    Dori Berean

    RE/MAX Michigan

    (810) 227-4600

    22 Total Sales

    Dori Berean
    Section Image

  • J

    Buyer's Agent in 2025

    Julia Nisley

    eXp Realty LLC in Monroe

    (734) 244-5605

    26 Total Sales

    Julia Nisley
    Section Image

  • J

    Seller's Agent in 2021

    Joy Beebe

    GREAT LAKE REALTY CO, LLC

    Section Image

  • L

    Seller Co-Listing Agent in 2021

    Lindsey Duby

    GREAT LAKE REALTY CO, LLC

    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20251015989

Realcomp

APN: 064-L10-000-052-00

Michigan Iosco County Oscoda 48750

7562 N Us Highway 23, Oscoda, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2026 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.