Multi-family Property with Lake Michigan Views and Airbnb Income Potential in Saint Ignace, MI

View Original Listing

Financial Details

Asking Price:
$999,500
Profit Metric:
NOI
Location:
Saint Ignace, MI, US
Source:
Date:
September 16, 2025

Key Highlights

Prime Lake Michigan location with unobstructed Mackinac Bridge views and stunning sunsets.
Dual income potential from a renovated Airbnb guest house and a main home eligible for short-term rental.
Exceptional amenities including a pavilion with hot tub/bar, potential for an 80-foot dock, and proximity to ferries and attractions.

Description

This exceptional multi-family property offers unparalleled living on Lake Michigan in Saint Ignace, Michigan, boasting breathtaking, unobstructed views of the iconic Mackinac Bridge and vibrant sunsets. The property features a main 4-bedroom, 3-bath home and a recently renovated 2-bedroom, 1-bath guest home, currently operating successfully as an Airbnb with high income potential. The main home is also ideal for short-term rentals, presenting a significant investment opportunity or a perfect multigenerational retreat. Residents can enjoy year-round entertainment watching freighters and sailboats, with direct beach access across the street. The property is enhanced by a DEQ permit for an 80-foot dock, adding substantial recreational value. Interior highlights include custom Amish cabinetry, granite countertops, updated appliances, and a finished lower-level rec room. Outdoor living is elevated with a pavilion, hot tub, and entertainment bar. Additional conveniences include a new concrete parking pad, extra garage space, and ample storage. Situated on a private, tree-buffered lot, it's just minutes from St. Ignace, Mackinaw City, and Mackinac Island ferries, and located on the Lake Huron Birding Trail. Immediate occupancy is available, with the benefit of lower Moran Township property taxes.

Industry Information

Industry Description:
Multi-family Property
Classification:
Travel

Real Estate & Lease

Status:
Established
Real Estate Price:
$999,500 USD

Broker Contact

Name:
Cheryl Schlehuber
Company:
Mackinac Properties
Phone:
906-298-6023

Listing Details

Listing ID:
ecd724af-0994-4d0f-ab9d-f6b1e12a3b3f
Source Listing ID:
2396591
Deal Status:
For Sale
Last Updated:
September 16, 2025
Currency:
USD

Features & Tags

Quality Verified This listing meets our quality criteria and standards. Verified
Tags & Categories
Multi-Family Vacation Rental Waterfront Investment Property Real Estate