Exceptional Houghton Lake setting, featuring a spacious 2 BR 2 bath direct waterfront home with fireplace, full enclosed sun room and office with private entrance. Beautiful waterfront view. Also includes 11 beachfront rental units and 18 RV sites! Water, electric, sewer and boat launch site for renters is included in the yearly fee. Bath house and 2 garage units on RV grounds. Rentals include additional spacious residential home with garage, rustic cottage and apartment over game room and storage area. All very nice and well kept. Priced according to real estate appraisal done 2024 and before extensive updating. Business currently operating without any web site or marketing. Improvements made by seller in 2024 were new break wall, new windows, paint, carpeting in resident home, remodel one of the motel efficiency rentals and more. Rare opportunity to live on one of Northern Michigan premiere lakes and have good income if desired. Amenities include playground, pavilion, bath house, garage and paved drive. One of the best beaches on the lake and easy access to US 127. Priced approx. $200,000. under recent real estate value appraisal. Includes 5 lots.