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Sold
  • $1,300,000

    4385 S Us Highway 23, Greenbush, MI 48738

    14beds
    9baths
    1,645sqft
    5+ Units
    Built in 1960
    -- sqft lot
    $1,391,100 Zestimate®
    $790/sqft
    $780 Estimated rent

    Home value

    $1,391,100

    $1.24M - $1.57M

    $780/mo

    Zestimate® history
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    $780/mo

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    $780/mo

    Rent Zestimate®

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    $6,406/mo

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    $6,406/mo

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    What's special

    Live and work on the shores of majestic Lake Huron in this 1.25 acre property offering a unique blend of luxurious living and income potential, making it the perfect live-in and investment property. Pristine lakeside land includes a meticulously updated main house and 8 charming cabins, all with breathtaking lake views. The main house boasts 3 beds and 2 full baths, a masterpiece of modern upgrades and functionality. Spacious open-concept living area flooded with natural light. Gourmet kitchen with top-of-the-line appliances, granite countertops, and a large island. Wall of windows offering panoramic lake views. Luxurious master suite with a spa-like ensuite bath. Also includes an office space with private exterior entry. The eight cabins are a perfect blend of rustic charm and modern comfort. Successful rental history providing a steady stream of income for the current owner. Whether you continue the rental business or use the cabins as guest accommodations for friends and family, this property offers exceptional income potential. Imagine waking up to the sound of the waves and the smell of fresh lake air, all while earning rental income! The property features well-maintained grounds, providing a serene environment for residents and guests alike. Enjoy long walks on the private beach, picnics on the beach, and water sports right from your doorstep. Lake Huron is renowned for its crystal-clear waters, and this property gives you a front-row seat to experience it all. Most cabins will come fully furnished - start collecting rental income right away! View drone video and 3D tour.

    Zillow last checked:

    Listing updated:

    Listed by:

    Danielle Snell 248-467-1157,

    KW Advantage

    Bought with:

    Danielle Snell, 6501433073

    KW Advantage

    Source: MichRIC,MLS#: 24049970MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 9
    Heating
    • Forced Air
    Cooling
    • Central Air, Window Unit(s)
    Appliances
    • Laundry: Common Area, In Unit
    Features
    • Basement: Slab
    Interior area
    • Total interior livable area: 1,645 sqft

    Property

    Parking
    • Total spaces: 14
    • Parking features: Driveway, Gravel
    Features
    • On waterfront: Yes
    • Waterfront features: Lake
    • Body of water: Lake Huron
    Lot
    • Size: 1.25 Acres
    • Dimensions: 150 x 570
    Details
    • Parcel number: 04114600037700
    • Zoning description: Commercial

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Units
    Materials
    • Vinyl Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Natural Gas Connected, Electricity Connected, Cable Connected

    Community & HOA

    Location
    • Region: Greenbush

    Financial & listing details

    • Price per square foot: $790/sqft
    • Tax assessed value: $270,663
    • Annual tax amount: $9,612
    • Date on market: 9/20/2024
    • Listing terms: Cash,Conventional
    • Tenant pays: None
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    9/25/2024Sold$1,300,000-13.3%$790/sqft
    Source: MichRIC #24049970 Report a problem
    9/20/2024Pending sale$1,500,000$912/sqft
    Source: MichRIC #24049970 Report a problem
    9/20/2024Listed for sale$1,500,000$912/sqft
    Source: MichRIC #24049970 Report a problem
    8/12/2024Listing removed$1,500,000$912/sqft
    Source: Realcomp II #81024033839 Report a problem
    7/2/2024Listed for sale$1,500,000$912/sqft
    Source: Realcomp II #81024033839 Report a problem
    7/2/2024Contingent$1,500,000$912/sqft
    Source: MichRIC #24033839 Report a problem
    7/2/2024Listed for sale$1,500,000$912/sqft
    Source: MichRIC #24033839 Report a problem
    7/2/2024Listing removed--
    Source: MichRIC #23146301 Report a problem
    10/8/2023Listed for sale$1,500,000$912/sqft
    Source: Realcomp II #20230085591 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,549 +4.7%$313,200 +10.2%
    2024$10,077 +61.3%$284,300 +3.9%
    2023$6,246 $273,700 +11.5%
    2022-- $245,500 -3%
    2021-- $253,100 +6.1%
    2020$462 $238,600 +2.9%
    2019-- $231,900 +0.3%
    2018-- $231,100
    2017-- $231,100 -1.2%
    2016$248,400 $233,800 -12.9%
    2012-- $268,300
    Find assessor info on the county website

    Neighborhood: 48738

    Nearby schools

    GreatSchools rating
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