Otter Lake, MI 48464,9977  N Lake Drive

$313,000

$299,900

4.4%
Est.Price: ?

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Est. payment /mo

3 Beds

2 Baths

1,500 SqFt


SOLD DATE : 08/07/2024

Key Details

Sold Price $313,000

Property Type Single Family Home

Sub Type Colonial,Cottage

Listing Status Sold

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $208

Subdivision Root'S Acres

MLS Listing ID 20240047020

Sold Date 08/07/24

Style Colonial,Cottage

Bedrooms 3

Full Baths 2

HOA Y/N no

Originating Board Realcomp II Ltd

Year Built 1954

Annual Tax Amount $261

Lot Size 0.300 Acres

Acres 0.3

Lot Dimensions 141x80

Property Description

This home has it all! Enjoy all sports North lake located close to Macomb and Oakland county. This is a quiet community that has everything to offer. Great Fishing, Boating, Swimming and so much more. Located on the south end of the lake (deepest part) this home has one of the largest lake frontages (140 ft), a sandy beach, and two docks. The home has plenty of room for a large family, the primary bedroom has a full bath and room for multiple beds with a private balcony with lake views, Open concept on the first floor with room for dining and a bonus room that is used for extra sleeping. The seller has used this home for the family for years and also has a strong AirBNB profile with over 30 5 star reviews. Any time they don't go to the cottage they post it live on Airbnb and it rents instantly for around $250 a night. The 2 car garage next to the house has been converted into living quarters with a bed and living area which allows this home to sleep 12 comfortably. (Can easily be converted back). Brand new furnace, septic emptied and inspected, newer style well. All appliances, pontoon and most of the furnishings are included with a full price offer. Close to the Metro Detroit area (about an hour), 20 minutes from Frankenmuth, 15 minutes to grocery but still has the "Up North" feel you are looking for. The homes on the lake are about 50/50 full time/part time. This is a public Lake with a boat drop, public park and beach. I know this family has loved this cottage, the neighbors, the lake life and everything this property has to offer, although it is bittersweet they are excited to allow a new family this opportunity.
Additional lot across the street being offered for sale
The 3rd lot located behind the home has a large barn, 2 carports for boat or camper storage, electric and septic. This lot has been used for campers (full hook up), extra space and parking.

Location

State MI

County Lapeer

Area Marathon Twp

Direction Head East on what looks like W castle (Root Dr) Last house on the left.

Rooms

Kitchen Free-Standing Electric Range, Free-Standing Refrigerator

Interior

Interior Features Cable Available, Jetted Tub, Furnished - Negotiable

Hot Water Natural Gas

Heating Forced Air

Cooling Ceiling Fan(s)

Fireplaces Type Wood Stove

Fireplace no

Appliance Free-Standing Electric Range, Free-Standing Refrigerator

Heat Source Natural Gas

Exterior

Exterior Feature BBQ Grill

Parking Features Detached

Garage Description 2 Car

Waterfront Description Beach Front,Beach Access,Direct Water Frontage,Lake Front,Lake Privileges,Private Water Frontage,Water Front

Water Access Desc All Sports Lake,Boat Facilities,Dock Facilities,

Roof Type Asphalt

Porch Balcony, Deck

Road Frontage Dirt

Garage yes

Building

Lot Description Water View

Foundation Slab

Sewer Septic Tank (Existing)

Water Well (Existing)

Architectural Style Colonial, Cottage

Warranty No

Level or Stories 2 Story

Structure Type Vinyl

Schools

School District Lakeville

Others

Tax ID 01326001300

Ownership Short Sale - No,Private Owned

Assessment Amount $40

Acceptable Financing Cash, Conventional, FHA, FHA 203K, USDA Loan (Rural Dev), VA

Rebuilt Year 2022

Listing Terms Cash, Conventional, FHA, FHA 203K, USDA Loan (Rural Dev), VA

Financing Cash,Conventional,FHA,FHA 203K,USDA Loan (Rural Dev),VA

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Realcomp MLS
Listed by Timothy M Wilds of GSA Elite Realty
Bought with Exclusive House of Real Estate
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