127 & 128 Oneida Drive
Houghton Lake, MI, 48629 $ 1,500,000
Bedrooms-- Baths-- Sq 6,800 Monthly Estimate*
$ 9,236
for $1,500,000. This 6,800 square foot building was built in 1940 on a lot size of 1.4.
Rare opportunity to own a highly successful waterfront hospitality property on Michigan's largest inland lake. Situated on nearly 1.5 acres with approximately 320 feet of prime sandy shoreline on beautiful Houghton Lake, this turnkey operation includes eight charming 2-bedroom log cabins, four featuring loft sleeping areas, plus a spacious 1,200+ sq. ft. 3-bedroom, 1.5-bath waterfront home that can serve as an owner's residence or generate additional rental income.------- This classic Northern Michigan retreat has a long history of repeat guests, family gatherings, and group rentals. The well-maintained cabins are equipped with heat, cable television, Wi-Fi, and furnishings, allowing for immediate operation. Guest amenities include docks, shuffleboard courts, game room, laundry facilities, fish cleaning station, expansive lawn areas, and abundant outdoor recreation space. The waterfront owner's home enjoys exceptional lake views from both the home and the lakefront sunroom, providing a perfect place to relax and enjoy the beauty of Houghton Lake.------- Recent improvements include newer roofs on the cabins and waterfront home. Property is connected to municipal sewer and also includes an additional lot across the street featuring a 30' x 40' pole barn for storage and maintenance needs.------- Offered fully turnkey with equipment, furnishings, and business assets included, along with a partially furnished waterfront home. Seller financing may be available to qualified buyers.------- Enjoy the unique lifestyle of living and working on one of Michigan's most popular vacation lakes. Conveniently located with easy access to I-75 and within reach of Northern Michigan's endless recreational opportunities, including boating, fishing, snowmobiling, golfing, ORV trails, state forests, and year-round outdoor adventure----- Shown by appointment only.
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FeaturesGeneralHeating Wall Heat Forced Air
Cooling Wall/Window A/C
Possession Negotiable (Possession)
Roof Metal
Water Private Well
Status Active Active
Year Built 1940
Parking Parking Lot
Subdivision Houghton Lake Cabin Resort MI
County Roscommon
Class COM/IND/BUS OPP
Type Business
Business Name Foughts Resort
Ownership Corporation
Municipality Markey Twp
Section 33
Zoning Commercial Residential
Sale/Rent For Sale
Status Detail 0
Commercial Features Other
Area Markey Twp (72008)
Primary City Houghton Lake
Directions E. Houghton lake drive to L. on Oneida st to property on the left.
City Houghton Lake
Financial Terms Cash Conventional
Legal Description see RPR Legal in associated docs
DOM 0
Postal Code 48629
Price Per Sq Ft Total AG 220.59
Public Remarks
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ExteriorExterior Frame Log
Body of Water Houghton Lake
Lot Size Area 1.4
Lot Dimensions 321x227x175x270
Water Features Waterfront
Frontage Type Water
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* Excluded FeaturesList ByKenneth WeaverListing Agent
Berkshire Hathaway Homeservices - TcBroker
traversenorth@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $9,236
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Houghton Lake, MI
Average List Price $443,134
Percent of Sale Price 70%
About Houghton Lake, MI 3,609 Population
-3% Since 2002
$ 32,200 Median Income
51.78 Median Age
17% Households with Children
Trends Information provided by ATTOM Data Solutions.
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/10/2026 | $1,500,000 | | Listed Price |