Skip main navigation
For sale
  • Price cut: $23.9K (6/10)
    $523,000

    6997 Lakeshore Rd, Lexington, MI 48450

    4beds
    1,612sqft
    : 
    $3,435/mo
    Get pre-qualified
    Single Family Residence
    Built in 1940
    0.37 Acres Lot
    $504,000 Zestimate®
    $324/sqft
    $18/mo HOA

    What's special

    Turnkey Lake Huron Lifestyle Business Opportunity with Owner Residence. Own a unique piece of Michigan history with this charming, income-producing roadside motel located along the historic M-25 Thumb Coast Route, just a short two-block walk from beautiful Lake Huron and private beach access. Step into a fully established seasonal business with proven operations, an outstanding reputation backed by excellent Google reviews, and a loyal base of repeat guests who return year after year. With established customer demand and exceptional potential for future revenue growth, this property offers the perfect blend of lifestyle, income, and investment opportunity. This well-maintained property features a spacious 4-bedroom, 2-bathroom owner residence that can also serve as a rental home, along with seven individual guest rental rooms, each with its own private bathroom, creating an ideal setup for owner-operators or investors. Guests love the property’s relaxed, beachside atmosphere, clean and comfortable accommodations, and welcoming outdoor gathering spaces. The backyard features inviting fire pits where families and friends can unwind after a day at the beach, creating the memorable experiences that keep visitors returning season after season. Situated along the scenic M-25 Thumb Coast Route, one of Michigan’s most picturesque waterfront drives, the property enjoys excellent visibility and benefits from steady seasonal tourism while offering the charm and tranquility of a small lakeside community. Whether you’re searching for a lifestyle business, a proven income-producing investment, or the opportunity to own a classic Michigan roadside motel with timeless appeal, this turnkey property offers a rare combination of history, location, character, and future upside.
    155 days
    |
    331
    |
    24
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Andrew McManamon 810-360-3488,

    Signature Sotheby's International Realty Nvl 248-378-1000

    Source: Realcomp II,MLS#: 20261012497MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: Second
      • Area: 144
      • Dimensions: 12 X 12
      Bedroom
      • Level: Second
      • Area: 100
      • Dimensions: 10 X 10
      Bedroom
      • Level: Second
      • Area: 120
      • Dimensions: 10 X 12
      Bedroom
      • Level: Entry
      • Area: 80
      • Dimensions: 10 X 8
      Other
      • Level: Entry
      Other
      • Level: Second
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Ceiling Fans, Central Air, Window Units
      Appliances
      • Included: Dryer, Free Standing Electric Oven, Free Standing Refrigerator, Microwave, Washer
      Features
      • Has basement: No
      • Has fireplace: No
      • Furnished: Yes
      Interior area
      • Total interior livable area: 1,612 sqft
      • Finished area above ground: 1,612
      Video & virtual tour

      Property

      Parking
      • Parking features: No Garage
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: GroundLevel
      • Patio & porch: Covered, Deck, Patio, Porch
      • Exterior features: Barbecue, Lighting
      • Pool features: None
      • Waterfront features: All Sports Lake, Lake Privileges
      • Body of water: Lake Huron
      Lot
      • Size: 0.37 Acres
      • Dimensions: 100 x 160
      • Features: Corner Lot
      Details
      • Parcel number: 26130300426110
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow
      • Property subtype: Single Family Residence
      Materials
      • Block, Vinyl Siding
      • Foundation: Slab
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1940

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: GREAT LAKES BEACH 3
      HOA
      • Has HOA: Yes
      • HOA fee: $220 annually
      Location
      • Region: Lexington

      Financial & listing details

      • Price per square foot: $324/sqft
      • Tax assessed value: $72,178
      • Annual tax amount: $3,915
      • Date on market: 3/4/2026
      • Cumulative days on market: 155 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        $504,000

        $479,000 - $529,000

        $1,712/mo

        Price history

        DateEventPrice
        6/10/2026Price change$523,000-4.4%$324/sqft
        Source: Realcomp II #20261012497 Report a problem
        3/4/2026Listed for sale$546,900+104.8%$339/sqft
        Source: Realcomp II #20261012497 Report a problem
        3/19/2021Sold$267,000+0.8%$166/sqft
        Source: Agent Provided Report a problem
        1/13/2021Pending sale$264,900$164/sqft
        Source: Premier Properties Inc #58031344749 Report a problem
        1/13/2021Listed for sale$264,900$164/sqft
        Source: Premier Properties Inc #58031344749 Report a problem
        4/30/2020Listing removed$264,900$164/sqft
        Source: Premier Properties Inc #31344749 Report a problem
        9/13/2018Price change$264,900-1.9%$164/sqft
        Source: Premier Properties Inc #31344749 Report a problem
        4/16/2018Listed for sale$269,900$167/sqft
        Source: Premier Properties Inc #31344749 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,894 +2.6%$111,900 +7.3%
        2024$3,795 +29.7%$104,300 +13.5%
        2023$2,926 +27.1%$91,900 +44.7%
        2022$2,302 -23.3%$63,500 -7.4%
        2021$3,003 $68,600 +24.5%
        2020-- $55,100 -12.7%
        2019-- $63,100 +38.1%
        2018-- $45,700 +22.5%
        2017-- $37,300 +4.8%
        2016-- $35,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 48450

        Getting around

        23 / 100
        Car-Dependent
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes