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Off market
  • $502,100

    1990 Lake Shore Dr, Topinabee, MI 49791

    2beds
    1baths
    1,150sqft
    SingleFamily
    Built in ----
    9,526 Square Feet Lot
    $502,100 Zestimate®
    $437/sqft
    $1,294 Estimated rent

    Home value

    $502,100

    $447,000 - $572,000

    $1,294/mo

    Zestimate® history
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    Rent Zestimate®

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    $3,137/mo

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    $3,137/mo

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    What's special

    Whether you are looking for a vacation get away with extra income potential, a rental investment opportunity, or a family get-away, this is the property you're looking for. Recently remodeled cottage sitting on 92.5' of prime Mullett Lake frontage with 2 bedrooms, a full bath, spacious kitchen/dining/living area, a sun room, a laundry area and private dock. There's a spacious sun room with 180 degree view of the lake and a large deck. The seller is offering a turn key option that includes furnishings, kitchen equipment, linens, etc. Owner currently uses it several times a year and rents it the balance of the year. The gross rental income (before management fees) for 2017 was approximately $18,000 (with the unit being closed for 5 months) but could increase during snowmobile season. You can't go wrong with over 92' frontage on one of Michigan's premier lakes. Mullett Lake is over 15,000 acres of water fun! These cottage is located on the west shore of Mullett Lake in the heart of the famous inland waterway in the quaint village of Topinabee. You're just a hop-skip-jump from the snowmobile trail-biking trail, the boat landing and several exceptional restaurants. Fun on land and water. For fun by land, enjoy the North Central State Trail, a beautiful 62 mile hiking, biking and snowmobiling trail which passes through Indian river as it connects to Gaylord and Mackinaw City. Up for ORV'ing, motorcycling or snowmobiling? Check out Tomahawk Trail which provides miles of scenic wilderness. Hunt, fish and play in the 180,000+ acres of state land including the Mackinaw State forest and lovely Pigeon River Country State Forest. View Michigan's only free ranging elk herd (the largest east of the Mississippi) or visit the worlds largest wooden crucifix at the Cross in the Woods. Truly natures mecca, these cottages offer you the ideal location to boat, fish, hunt, camp, bike, golf, kayak, sail, snowmobile and more. By water or by land, quiet sporting or exciting motoring, having fun in nature is certain with so many activities available to you.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Appliances
    • Laundry: Main Level, Kitchen
    Features
    • Doorwall
    Interior area
    • Total interior livable area: 1,150 sqft

    Property

    Features
    • On waterfront: Yes
    Lot
    • Size: 9,526 Square Feet
    Details
    • Parcel number: 130T3500000100

    Construction

    Type & style
    • Home type: SingleFamily

    Utilities & green energy

    • Sewer: Shared Septic

    Community & HOA

    Location
    • Region: Topinabee

    Financial & listing details

    • Price per square foot: $437/sqft
    • Tax assessed value: $292,800
    • Annual tax amount: $4,669

    Price history

    DateEventPrice
    5/10/2019Sold$212,500-11.4%$185/sqft
    Source: WWMLS #315926 Report a problem
    12/31/2018Pending sale$239,900$209/sqft
    Source: RE/MAX North #315926 Report a problem
    9/10/2018Listed for sale$239,900$209/sqft
    Source: RE/MAX NORTH #315926 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,669 +5.2%$146,400 +4.6%
    2024$4,437 +4.8%$139,900 +18.9%
    2023$4,235 +1.5%$117,700 +3.1%
    2022$4,171 $114,200 +10.6%
    2021-- $103,300 +2.5%
    2020-- $100,800 +13.3%
    2019-- $89,000 -1.5%
    2018-- $90,400 +0.7%
    2017-- $89,800
    2016-- $89,800 -0.2%
    2015-- $90,000 +12.4%
    2014-- $80,100 -37.8%
    2011-- $128,700
    Find assessor info on the county website

    Neighborhood: 49791

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Cheboygan Area

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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