• Andrea@AndreaCrossman
    Andrea Crossman Group
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    MLS# 18004589 – 8540 W Silver Lake Road, Mears, MI 49436

    Price: $543,000
    Beds: 7
    Baths: 4
    Living Area SqFt: 2,373
    Status: Active
    Property Type: Single Family Residence
    Lot Size Acres: 0.40
    Lot Size SqFt: 17,424
    Year Built: 1950
    Days on Website: 161

    Courtesy of Coldwell Banker Schmidt Realtors, Andrea L Crossman.

    Property Description

    3 rental cottages on 1 Silver Lake waterfront lot. Owners paid $550,000 and put over $100,000 into these cottages. Dock. Great swimming, boating & fishing lake. Cottages all have a great view of the dunes & lake. Weekly summer rentals at $4650 for all 3 together to sleep 20 people in 6 bedrooms, 4 baths, 1 laundry, 3 kitchens, 3 lakeside decks or patios. Legal is lots 13 & 36 (beach front) of Adelia Beach. One 2 bedroom, 1 bath cottages with new flooring. Plus a 3 bedroom, 2 bath connected to another 3 bedroom (1 is thesleeping loft). $15,000 new septic installed April 2017. 2017 rental income $50,918. 2016 rentals totaled $50,294. Over $50,000 in bookings for 2016 season. Seller is licensed Real Estate Agent loft and 1 bath unit. 2016 summer income booked is $33,105 as of 4/25/2016.

    Property Details and Features

    • Property Access
    • Unpaved
    • Appliances and Equipment
    • Dishwasher
    • Dryer
    • Microwave
    • Oven
    • Range
    • Refrigerator
    • Washer
    • Bathrooms
    • 4 total bathroms
    • 4 full bathrooms
    • 4 main floor full bathrooms
    • Master bath level: M
    • Bedrooms
    • 7 bedrooms
    • 7 bedrooms above grade
    • 7 main floor bedrooms
    • First Bedroom
    • Master bedroom level: M
    • Second Bedroom
    • Second bedroom level: M
    • Third Bedroom
    • Third bedroom level: M
    • Fourth Bedroom
    • Fourth bedroom level: M
    • Fifth Bedroom
    • Fifth bedroom level: M
    • House
    • Built in 1950
    • 15 rooms above ground
    • Design: Cabin/Cottage
    • Accessibility features: No
    • 2,373 main level square feet
    • 0 lower level finished square feet
    • 0 lower level square feet
    • Screens
    • Cooling
    • Central
    • Dining Room
    • Dining area level: M
    • Exterior Features
    • Wood Siding
    • Fireplaces
    • 1 fireplace
    • Fireplace
    • Living
    • Family Room
    • Family room level: M
    • Water
    • Deck(s)
    • Well
    • All Sports
    • Dock
    • Private Frontage
    • View
    • Lake
    • Heating
    • Natural Gas
    • Forced Air
    • Kitchen
    • Center Island
    • Kitchen level: M
    • Laundry
    • Laundry room level: M
    • Listing
    • Listing ID: 18004589
    • List price: $543,000
    • Location
    • 8540
    • W
    • Silver Lake
    • Road
    • City: Mears
    • MI
    • 49436
    • County: Oceana
    • Directions: Between Mac Dune Rides/Silver Lake State Park Campgrounds & The circular/Craigs Crusisers.
    • Cross streets: Silver Lake & W. Hazel
    • Paved
    • Public
    • Lot
    • 60 X 37 X 50 X 250 lot dimensions
    • Lot measured in acres
    • 17,424 lot square feet
    • 0 acres
    • Living Room
    • Living room level: M
    • Property
    • Property type: A
    • Property subtype: Single Family Residence
    • Water access
    • Shrubs/Hedges
    • Yes
    • Roof
    • Composition
    • Schools
    • School district: Hart
    • Taxes
    • $9,702 annual property tax
    • Tax year: 2018
    • Utilities
    • Septic System
    • Broadband
    • Cable

    Property Map

    $543,000 – 8540 W Silver Lake Road, Mears, MI 49436

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