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
MLS #26049136 image #0
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

Schools

School District:
Houghton Lake

Interior

Appliances
Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Vinyl
Heating
Forced Air
Interior Features
Ceiling Fan(s), Garage Door Opener
Laundry Features
Laundry Room, Main Level
Main Level Bedrooms
2

Exterior

Architectural Style
Craftsman
Construction Materials
Vinyl Siding
Fencing
Privacy
Garage Spaces
1
Lot Features
Level
Parking Features
Detached
Patio And Porch Features
Porch(es)
Roof
Metal
Security Features
Closed Circuit Camera(s)
Stories
1
Waterfront Features
Lake
Window Features
Bay/Bow, Window Treatments

Financial

Tax Year
2025
Taxes
$620
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Current real estate data for Single Family in Houghton Lake as of Oct 16, 2026
23
Single Family Listed
83
Avg DOM
200
Avg $ / SqFt
$291,745
Avg List Price

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Property Summary

    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.
5401 W Drive Houghton Lake
Houghton Lake, MI

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