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Off market
  • $696,800

    5138 M 66 N, Charlevoix, MI 49720

    6beds
    4,317sqft
    Single Family Residence
    Built in 1985
    2.18 Acres Lot
    $696,800 Zestimate®
    $161/sqft
    $5,321 Estimated rent

    Home value

    $696,800

    $578,000 - $829,000

    $5,321/mo

    Zestimate® history
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    What's special

    New boilerLuxurious primary suitesTwo laundry roomsExterior and interior paint

    OPEN HOUSE Thursday October 24, 3pm-5pm. Virtual tour available Turn-Key Short-Term Rental Near Castle Farms with High Revenue Potential Discover a rare opportunity to own a successful short-term rental, ideally located near the renowned Castle Farms wedding venue in Charlevoix. This spacious 6-bedroom, 3 full bath, and 2 half-bath home comfortably accommodates up to 14 guests, making it perfect for large gatherings, especially wedding parties and family reunions. Prime Wedding Destination With its proximity to Castle Farms, this property enjoys steady rental income from bridal parties and wedding guests, offering incredible growth potential. The home includes two luxurious primary suites, one featuring a large bride’s changing room, perfect for wedding-day preparations. Spacious Living for Large Groups Designed with comfort in mind, the house boasts two large living rooms and two laundry rooms, ensuring ample space for guests to relax and enjoy their stay. The layout is ideal for accommodating multiple families or groups, with plenty of privacy and common areas to gather. Recent Upgrades & Turn-Key Operation The home has been meticulously maintained with recent updates, including a new boiler, windows, exterior and interior paint, carpet, gutters, and appliances. It’s being sold fully furnished and turn-key, ready for continued success. With rental bookings already confirmed well into 2025, the transition will be seamless for the new owners. Easy Transition & Continued Management There’s no need to worry about disruptions, as all current bookings will be honored. For a smooth transition, the current owners are even open to managing the property as part of their established portfolio, ensuring that operations continue without a hitch.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Source: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate,MLS#: 475164

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 3
    • 1/2 bathrooms: 2
    Features
    • Ceiling Fan(s)
    • Has fireplace: No
    Interior area
    • Total structure area: 4,317
    • Total interior livable area: 4,317 sqft

    Property

    Lot
    • Size: 2.18 Acres
    Details
    • Parcel number: 00900100320

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1985
    • Major remodel year: 1985

    Utilities & green energy

    • Utilities for property: Water Connected, Sewer Connected, Garbage

    Community & HOA

    Location
    • Region: Charlevoix

    Financial & listing details

    • Price per square foot: $161/sqft
    • Tax assessed value: $721,800
    • Annual tax amount: $11,172
    • Date on market: 10/16/2024
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    1/27/2025Listing removed$749,000$174/sqft
    Source: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate #475164 Report a problem
    1/10/2025Price change$749,000-6.3%$174/sqft
    Source: Northern Michigan MLS #475164 Report a problem
    11/15/2024Price change$799,000-5.9%$185/sqft
    Source: Northern Michigan MLS #475164 Report a problem
    11/2/2024Price change$849,000-3%$197/sqft
    Source: Northern Michigan MLS #475164 Report a problem
    10/15/2024Listed for sale$875,000+34.8%$203/sqft
    Source: Northern Michigan MLS #475164 Report a problem
    3/16/2022Listing removed--
    Source: Northern Michigan MLS Report a problem
    10/19/2021Listed for sale$649,000$150/sqft
    Source: Northern Michigan MLS #466803 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,172 +3.4%$360,900 +21.6%
    2024$10,807 +328.1%$296,800 +19.3%
    2023$2,525 $248,700 +115.7%
    2022-- $115,300 +7.6%
    2021-- $107,200 +1.9%
    2020-- $105,200 -0.1%
    2019-- $105,300 +6.4%
    2018-- $99,000
    2017-- $99,000 +2.7%
    2016-- $96,400 +5.7%
    2015-- $91,200 +6%
    2014-- $86,000 +1.2%
    2013-- $85,000 -10.1%
    2012-- $94,500 -1.7%
    2011-- $96,100 -12.6%
    2010-- $110,000
    Find assessor info on the county website

    Neighborhood: 49720

    Nearby schools

    GreatSchools rating
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