8064 SHADY LANE
TRAVERSE CITY
On Beautiful Long Lake Peninsula
3 Bed 2 Bath 1640 sqft
FOR SALE SEPTEMBER 2022 for
$525.000.00
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PROPERTY AMENITIES
LONG LAKE PENINSULA WATERFRONT ACCESS AND BOAT LAUNCH
Nestled in the heart of Long Lake near Traverse City, Michigan is the Long Lake Peninsula. A former island and collection of hunting camps, the Long Lake Peninsula Association has been in existence for over 40 years, and, as a private community, owns and maintains all roads and recreational areas. As a private community, there is no public access to the beach, boat launch, playground or any of the common areas.
PRIVATE BEACH & BOAT LAUNCH
Private Boat Launch, Dock, Swim Platform and Beach
ASSOCIATION BENEFITS
Park , Picnic Area, Private Association
LONG LAKE
Located in Traverse City, MI
THE PROPERTY
Need to Know
The main house was originally constructed as a 1 bedroom 1 bath Cottage on the right side of the lot. Eventually, the owners added Phase 2 addition with a passthrough hallway to the second half of the house that includes a kitchenette and large living room on the main floor, a large master suite, an ensuite bathroom with a walk-in closet upstairs, and a balcony deck. The second owner separated the two sections of the house with a removable wall each with its own entrance to be used as a Bed and Breakfast. The owner lived in the main cottage Side B and rented Side A successfully.
The current owner purchased the house, invested 50K in improvements, and has been using them both as Air BnBs for two years. 2021 Projected Gross income 60K! 100+ 5star reviews on Air BnB Reviews with a 9.6 rating as a Super Host!
For info on short-term rentals and Air BnB links visit: www.longlakehideawaytc.com
Oct 2021 the house was open up connecting both sides with additional investment in new kitchen cabinets sink and backsplash, a new bathroom update that includes new tile and bathtub/shower on the original cottage, and a new glass shower insert in the master bath upstairs.
So Move to Traverse City and get that boat!
