8540 W Silver Lake Road, Mears 49436

$549,000

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MLS#: 16018782
• For Sale
7 Bedrooms • 4 Full Baths • 2,373 SqFt
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3 rental cottages on 1 Silver Lake waterfront lot. Owners paid $550,000 and put over $100,000 into these cottages. Dock. Great swimming, boating and fishing lake. Cottages all have a great view of the dunes and lake. Cottages could be sold off separately by turning into condominium units. Weekly summer rentals at $4650 for all 3 together to sleep 20 people in 6 bedrooms, 4 baths, 1 laundry, 3 kitchens, 3 lakeside decks or patios. 2008 appraisal at $603,000 and 2004 appraisal when purchased at $556,000 before all improvements. Legal is lots 13 & 36 (beach front) of Adelia Beach. One 2 bedroom, 1 bath cottages with new flooring. Plus a 3 bedroom, 2 bath with laundry connected to another 3 bedroom/sleeping loft. $15,000 new septic installed April 2017. 2017 TYD income $49,643 as of 7/17/17.

Property Information    

Status
Active 
Address
8540 W Silver Lake Road 
City
Mears 
Zip
49436 
County
Oceana 
Township
Golden Twp 
Total Finished SqFt
2,373 
Above Grade SqFt
2,373 
Waterview
Waterfront Desc
All Sports, Dock, Private Frontage, View 
Waterfrontage
60.0 
Water
Well
Sewer
Septic System
Year Built
1950 

School Information

School District
Hart 

Taxes

Taxes
$9,521 

Rooms and Land

MasterBedroom
1st Floor
Bedroom2
1st Floor
Bedroom3
1st Floor
Bedroom4
1st Floor
Bedroom5
1st Floor
Bath
1st Floor
Dining
1st Floor
Family
1st Floor
Kitchen
1st Floor
Laundry
1st Floor
Living
1st Floor
Other
1st Floor
Basement
Crawl Space 
Cooling
Central 
Heating
Forced Air, Natural Gas 
Acreage
0.4 
Lot Dimensions
60 x 37 x 50 x 250 
Appliances
Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer 

Features

Fireplace Desc.
Living 
Features
All Window Treatments, Ceiling Fans, Ceramic Floor, Garage Door Opener, Wood Floor
Exterior Materials
Wood 
Exterior Features
Deck(s) 

Listing Video for 8540 W Silver Lake Road, Mears MI 49436

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Listing Broker

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Listing Courtesy of Coldwell Banker Schmidt Realtors
Office Address 77 E 8th Street
Listing Agent Andrea Crossman