29550 East Side Drive offers the best of beach front and inland property ownership. A rare opportunity to own a 2 bedroom + large loft, 2.5 bath home nestled on 344 ft. of Lake Michigan beach frontage and 20.64 acres. This unique property is also protected by a +100 ft. robust seawall. This home has wonderfully unfettered views of Lake Michigan with amazing sunrises and breathtaking moonrises year-round. It is also an easy 9.5 mile trip into the center of St. James, Beaver Island. The loft overlooking the great room can readily be utilized as a third sleeping area, hobby nook, or study. A large unfinished room at the basement level can easily be transformed into a family room with your choice of flooring. The basement/lower level has a 2 car attached garage and full utility room. Total finished living area is 1800 sq. ft. plus 400 sq. ft. considered unfinished below. The current owner, who bought the home in 2004, has improved and maintained the property over the years. The seawall was erected to future protect the house from lake levels similar to that of 2019. The owner has already ordered a set of stairs to be installed for easy access off the seawall to the beach. As for future possibilities, this property has three separately deeded lots on the Lake Front, making it possible to develop several beach front rentals. In addition, the inland acreage allows for the construction of a pole building and/or clearance of the land for a hobby farm and/or building 4-6 more seasonal rentals. A combination like this is rarely available on Beaver Island. The Lake frontage alone is valued at $375,000. and the inland acreage at an incremental +$60,000. With the land value alone, combined with a well-maintained home, this property has been reduced to $649,000.
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