$1,099,000
Onekama, MI 49675
MLS# 25057997
1 / 74
Property Description
THREE separate units, completely renovated, generating income on Portage Lake is priced to sell! Ideal for long-term or short-term rentals—or live in one unit while using the cottage as a guest house. All three units have been completely renovated with new flooring, appliances, and updated finishes throughout. The property includes a private dock and storage shed, perfect for enjoying all that Portage Lake has to offer. Located near Onekama Marina with a public park next door and another just down the street featuring a public boat launch. Enjoy easy access to Lake Michigan, Arcadia Bluffs, The Glenwood, and all the charm of Onekama and scenic M-22. West-facing windows capture breathtaking Portage Lake sunsets, making this a truly unique Northern Michigan offering. Sale includes both parcels: 41-300-034-00 and 41-450-026-00.
Details
Maps
Location & Property Info
Cross Streets: First Ave
Property Sub-Type: 2 to 4 Units
Area: MasonOceanaManistee - O
Municipality: Onekama Vlg
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 314
General Property Info
New Construction: No
Lot Dimensions: 97 x 93 and 57 x 48 x 53 x 85
Road Frontage: 96
Cert of Compliance: Yes
Waterfront: Yes
Body of Water: Portage Lake
Basement: Yes
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 2
Total Approx. SqFt All Bldgs: 3500
Total Parking Spaces: 4
Statewide Lakes & Rivers: Portage Lake
School District: Onekama
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 8965
Lot Acres: 0.21
Year Built: 1940
Tax Info
Taxable Value: 163100
SEV: 163100
For Tax Year: 2025
Seller's Annual Property Tax: 7613
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: none
Zoning: Com/Res
Tax ID #: 41-450-026-00
Remarks & Misc
Public Remarks: THREE separate units, completely renovated, generating income on Portage Lake is priced to sell! Ideal for long-term or short-term rentals—or live in one unit while using the cottage as a guest house.
All three units have been completely renovated with new flooring, appliances, and updated finishes throughout. The property includes a private dock and storage shed, perfect for enjoying all that Portage Lake has to offer.
Located near Onekama Marina with a public park next door and another just down the street featuring a public boat launch. Enjoy easy access to Lake Michigan, Arcadia Bluffs, The Glenwood, and all the charm of Onekama and scenic M-22. West-facing windows capture breathtaking Portage Lake sunsets, making this a truly unique Northern Michigan offering.
Sale includes both parcels: 41-300-034-00 and 41-450-026-00.
Legal: VILLAGE OF ONEKAMA WEST ADDITION LOTS 1 + 2 BLOCK 2. SALE(90) 4536 0961 (94) 500 2604 0401
Waterfront Options
Water Access Y/N: Yes
Water Frontage: 57
Water Type
Lake: 1
Water Fea. Amenities
All Sports: 1
Private Frontage: 1
Public Access 1 Mile or Less: 1
Lot Description
Corner Lot: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
Phone Available: 1
Utilities Attached
Cable Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Septic Tank: 1
Water
Well: 1
Terms Available
Cash: 1
Conventional: 1
VA Loan: 1
Mineral Rights
Unknown: 1
Laundry Features
Main Level: 1
Assoc. Amenities
Laundry: 1
Exterior Material
Stone: 1
Roofing
Rubber: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Baseboard: 1
Hot Water: 1
Air Conditioning
Mini-Split: 1
Access Feat
Accessibility Features: No
Tenant Pays
None: 1
Driveway
Other: 1
Substructure
Full: 1
Walk-Out Access: 1
Owner Pays
Electricity: 1
Gas: 1
Sewer: 1
Trash Collection: 1
Unit 1
Unit #: 1
Unit Description: Main House
SqFt: 1500
Occupied: No
Monthly Rent: 0
Bedrooms: 4
Bathrooms: 3
Full Baths: 2
Half Baths: 1
A/C Unit: 1
Dishwasher: 1
Unit 2
Unit #: 2
Unit Description: under Main level
SqFt: 1400
Occupied: Yes
Monthly Rent: 1400
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 3
Unit #: 3
Unit Description: Small Stone Cottage
SqFt: 680
Occupied: No
Monthly Rent: 0
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Possession
Negotiable: 1
Subject To Tenant Rights: 1
Location Property Info
County: Manistee
Street #: 4642
Street Name: Main
Suffix: Street
State: MI
Zip Code: 49675
Zip (4): 8719
OfficeContract Info
Status: Active
Current Price: $1,099,000
List Price: $1,099,000
Listing Date: 2025-11-12
Property Features
Laundry Features: Main Level
Water Type: Lake
Exterior Material: Stone
Roofing: Rubber
Substructure: Full; Walk-Out Access
Lot Description: Corner Lot
Sewer: Public Sewer; Septic Tank
Water: Well
Utilities Attached: Cable Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; Natural Gas Available; Phone Available
Owner Pays: Electricity; Gas; Sewer; Trash Collection
Tenant Pays: None
Heat Source: Natural Gas
Heat Type: Baseboard; Hot Water
Air Conditioning: Mini-Split
Driveway: Other
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional; VA Loan
Possession: Negotiable; Subject To Tenant Rights
Sale Conditions: None
Unit 1: A/C Unit; Dishwasher
Listing Office: Five Star Real Estate (Onekama)
Listing Agent: Corinn Fink
Last Updated: March - 03 - 2026
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