5401 W Drive Houghton Lake Houghton Lake MI 48629 | MLS #26049136
5401 W Drive Houghton Lake
Houghton Lake, MI, 48629
$175,000
2 Beds
1 Baths
1,392 SqFt
0.48 Acres
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$175,000
5401 W Drive Houghton Lake
Houghton Lake, MI, 48629
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Lake views, proven rental history, and all the charm of a classic Houghton Lake cottage! Located directly across the street from Houghton Lake, this adorable 2-bedroom, 1-bath cottage offers lake views and a long history as a successful short-term rental. Even with a shortened rental season, the property grossed approximately $21,000 in 2026. Even better, this is a truly turnkey rental opportunity, being sold furnished and equipped, allowing the next owner to step in without the expense and hassle of furnishing a vacation rental from scratch. Whether you’re looking for an investment property, personal getaway, or a combination of both, much of the work has already been done. The sellers have thoughtfully improved the property while preserving its original cottage character. Updates include new LVP flooring, new appliances, ceiling fan/light combinations, and beautifully restored original flooring in the mudroom. Major improvements completed in 2025 include new A/C, hot water heater, well pump, sump pump, and washer and dryer. There’s also plenty of room for an RV, boat, trailer, or other Up North toys, plus an existing garage that may offer potential for conversion to additional living space or an accessory dwelling unit, subject to local zoning, permitting, and approval. Spend your mornings enjoying the lake view, your days on Houghton Lake, and your evenings relaxing at your own cozy retreat. With an established rental history, furnishings included, major improvements already completed, and room for all the toys, this one is ready to go from day one. Use it, rent it, or do a little of both!
Property Details
Price:
$175,000
MLS #:
26049136
Status:
Pending
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
Sep 15, 2026
Finished Sq Ft:
1,392
Total Sq Ft:
1,392
Lot Size:
20,909 sqft / 0.48 acres (approx)
Year Built:
1940
CraftsmanWaterfrontLakefrontHoughton LakeHoughton Lake
5401 W Drive Houghton Lake Houghton Lake MI is a Single Family for sale in Houghton Lake, MI, 48629. It is listed for $175,000 and features 2 beds, 1 baths, and has approximately 1,392 square feet of living space, and was originally constructed in 1940. The current price per square foot is $126. The average price per square foot for Single Family listings in Houghton Lake is $200. The average listing price for Single Family in Houghton Lake is $291,745.
Courtesy of Moayyer Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the . Detailed information about real estate listings held by brokerage firms other than Real Estate Agent include the name of the listing broker. Neither the listing company nor Real Estate Agent shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. . All rights reserved.