93283 County Road 690 $1,200,000

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    93283 County Road 690 Dowagiac, MI 49047

    • 5 Beds
    • 3 Baths
    • 3,369 sq. ft.
    • Single-Family
    • MLS# 23137201
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    Views: 79 Days On Site: 209

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    Property Details

    Discover an extraordinary investment/business/vacation rental or friend and family compound opportunity with a history of cash flow and a recent complete overhaul! This one-of-a-kind property sits in the epicenter of Sister Lakes, just steps from the area's top attractions and directly across the street from the only public beach in town. For decades this almost 4 acre property operated as a seasonal campground (28 lots) but was recently purchased and has undergone a TOTAL overhaul. The property is now presented as a private short-term rental property for large groups that includes the completely updated 3,300 sq+. foot Great House, 4 stylish retro Airstreams with 2 of them being updated, 2 teepees, a pole barn ''game room'', completely renovated bathhouse and hot-tub for 8. Start generating revenue quickly as this property comes turnkey! All FF&E, property amenities, operating supplies and 4 Airstreams are INCLUDED in the sale price! There are multiple opportunities to generate additional income on this rare and valuable piece of commercial land. Pro formas with 3 different business models (using historical expense data and historical revenue data to forecast) are available upon request: (1) full property (Great House + Airstreams + Teepees) short-term rental (current model), (2) Great House short-term rental + 28 seasonal campground lots and (3) Great House short-term rental + nightly campground lot rentals. ALL 3 business models give ample opportunity to generate revenue. Don't miss this unique and exciting property in Sister Lakes! Read what our guests have said on Airbnb after our SOLD OUT summer with ALL 5-star reviews!

    • General Features
      • County Or Parish Van Buren
      • New Construction Y/N false
      • Property Sub Type Single Family Residence
      • Year Built 1900
    • Building Features
      • Basement Crawl Space
      • Full Bathrooms 3
      • Bathrooms 3
      • Half Bathrooms 0
      • Bedrooms 5
      • Construction Materials Vinyl Siding
      • Fireplace Y/N false
      • Garage Y/N true
      • Living Area 3,369
      • Other Structures High-Speed Internet
      • Room s Total 15
    • Property Features
      • Lot Size Acres 3.93
      • Lot Size Area 3.93
      • Waterfront Features All Sports, Public Access 1 Mile or Less
      • Waterfront Y/N false
      • Water Source Well
    • Schools
      • High School District Dowagiac

    Contact

    Tom Hemingway

    Tom Hemingway

    Associate

    RE/MAX harbor country

    Direct: 269-469-3745

    Neighborhood

    49047 (Dowagiac) Demographics

    42 Median Age
    118 Population Density (per sq. mile)
    31% College Educated
    $48,395 Estimated Median Income
    4,680 Estimated Total Home Owners
    1,690 Estimated Total Renters
    73% / 27% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    14,578 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $170,000 Median Sales Price
    18 Homes Sold
    46 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,200,000
        10/5/2023 7:44:00 PM New in Database Source: Multiple Listing Service New Value: $1,200,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.