21492 Milligan Hwy, Onaway, MI 49765

TURNKEY SHORT-TERM RENTAL INVESTMENT OPPORTUNITY! Own an established Northern Michigan vacation rental and enjoy your own Up North retreat. This spacious 5-bedroom, 2-bath, 2,322 sq. ft. single-level home sleeps up to 11 guests and appeals to hunters, anglers, ORV and snowmobile riders, and outdoor enthusiasts. Bordering thousands of acres of state land, the property offers outstanding access to hunting, trails, hiking, and wildlife. The Black River kayak launch is just steps away, with ORV and snowmobile trails nearby. 1 GB fiber internet, ample truck/trailer parking, and an RV hookup add to the property's strong four-season rental appeal. The investment opportunity goes well beyond the location. This property has an established short-term rental history, direct-booking website, strong guest reviews, and presence on major vacation-rental platforms. Revenue generated since July 2025, combined with current reservations booked through the end of 2026, totals approximately $28,000. Current reservations may be transferable to a buyer wishing to continue the rental operation, offering the opportunity for continuity following closing. Designed with group stays in mind, the home sleeps up to 11 guests and offers five bedrooms, two full baths, generous gathering spaces, a spacious kitchen, and laundry--all conveniently located on one level. The single-level layout provides easy access throughout the home and works especially well for group vacations, reunions, hunting parties, fishing trips, and ORV or snowmobile groups. One of the property's standout features for the recreational rental market is its large parking area with room for multiple full-size trucks and 20+ ft. trailers, providing valuable space for guests traveling with ORVs, snowmobiles, boats, and other recreational equipment. An RV hookup with water, septic, and electrical connections provides additional flexibility. The property borders thousands of acres of state land, placing an incredible amount of Northern Michigan recreation right outside the door. Guests can enjoy hunting, hiking, trail riding, wildlife viewing, and exploring the surrounding forests. The nearby Black River kayak launch provides convenient access to fishing, kayaking, and paddling, while miles of ORV and snowmobile trails are located nearby. This location helps create genuine four-season rental appeal. Summer brings kayaking, fishing, trail riding, and vacations; fall brings hunting and color tours; winter brings snowmobiling and outdoor recreation; and spring welcomes anglers and ORV riders back to the area. Recent improvements include new siding, windows, well, high-efficiency appliances, and boiler, helping provide year-round comfort and peace of mind. 1 GB fiber-optic internet provides the high-speed connectivity today's vacationers and remote workers expect while still enjoying the privacy and atmosphere of an Up North retreat. The large yard, wooded surroundings, firepit, recreational access, and proximity to Onaway, Rogers City, Black Lake, and other Northern Michigan destinations further enhance the property's appeal to vacationing guests. Whether you're searching for an income-producing vacation rental, hunting lodge, recreational basecamp, family getaway, or a combination of personal use and rental income, much of the groundwork has already been established. Turnkey. Established. Single-level living. Four-season recreation. An opportunity to own the Northern Michigan experience while building upon an existing vacation-rental business.