Attention investors or anyone looking to take the next step into the Iowa Great Lakes market—this is the opportunity you've been waiting for! Ideally located just steps from The Spillway on Big Spirit Lake and Sunset Park, this charming property offers the perfect combination of investment potential, recreational living, and unbeatable location. Whether you're searching for a successful short-term rental, a seasonal getaway, or an affordable way to enjoy lake life, this property is ready to deliver. Situated on a 0.18-acre lot, the property features a well-maintained 2-bedroom, 1-bath cabin that has been thoughtfully cared for and is currently operating as a successful rental property with a strong booking history. Continue using it as an income-producing investment or enjoy it as your own private retreat while taking advantage of rental opportunities throughout the year. Inside the cabin, you'll find comfortable living and dining spaces that create a warm, welcoming atmosphere. The refreshed kitchen offers updated finishes and functional workspace for preparing meals after a day on the lake. The spacious primary bedroom provides a relaxing place to unwind, while the second bedroom is perfect for family or guests. A bright three-season room stretches across the front of the cabin and is the ideal place to enjoy your morning coffee, read a book, or gather with friends after a day of fishing or boating. Adding even more versatility is the detached two-car garage with loft space above. The garage offers plenty of room for vehicles, boats, fishing equipment, water toys, and additional storage, along with convenient laundry facilities. Upstairs, the loft expands the property's possibilities with its own kitchenette, ¾ bathroom, and generous sleeping space, making it an excellent setup for hosting guests or accommodating larger rental groups. Whether you're looking to expand your investment portfolio, purchase a vacation rental with proven income potential, or secure your own slice of the Iowa Great Lakes lifestyle, this versatile property offers endless possibilities. With its prime location, flexible living spaces, detached garage with loft, and established rental history, this is an opportunity you won't want to miss. Come experience everything lake life has to offer and make this exceptional property your own!
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Source: Iowa Great Lakes BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.