8064 SHADY LANE
On Beautiful Long Lake Peninsula
3 Bed 2 Bath 1640 sqft
FOR SALE SEPTEMBER 2022 for
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
Park , Picnic Area, Private Association
Located in Traverse City, MI
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!