Just 3 miles from the Point Cedar boat ramp on DeGray Lake, this unique property offers incredible short-term rental and future development potential. Situated on 6.5 acres, the custom-built home features 2,225 sq ft, 2 bedrooms, 2.5 baths, a wood-burning stove, sunroom, large pantry, and wraparound screened porch. A second homesite with septic already installed provides an excellent opportunity for an additional cabin, guest house, or future rental. With plenty of room to expand, investors can explore adding more cabins, RV sites, or other income-producing accommodation. The property also includes a 22x35 garage/workshop, fenced backyard, and matching LVP flooring for the upstairs. Minutes from boating, fishing, and recreation, this is a rare chance to own acreage near Lake DeGray with room to grow your investment. Whether you’re looking for a vacation rental, family retreat, or future development opportunity, this property checks all the boxes.
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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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