8532 W Silver Lake Road, Mears 49436

$549,000

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MLS#: 16018784
• For Sale
8 Bedrooms • 4 Full Baths • 2,650 SqFt
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3 rental cottages on 1 Silver Lake waterfront lot. Owners paid $550,000 & put over $100,000 into these cottages. All 3 have new/newer roofs & flooring. Dock, sandy beach area. Great swimming, boating & fishing lake. Cottages all have a great view of the dunes & lake & could be sold off separately by turning into condominium units. Weekly summer rentals at $4950 for all 3 together. Sleeps 20 people in 6 bedrooms, 4 baths, 1 laundry, 3 kitchens, 3 lakeside decks/patios. 2008 appraisal at $615,000 and 2004 appraisal when purchased at $553,000 before all improvements. Legal is lots 14 & 35 (beach front) of Adelia Beach. Two 2 bedroom, 1 bath cottages w/new flooring, baths and remodels. 4 bedroom, 2 bath cottage w/large deck. Over $40,000 income for the summer of 2016. Seller is licensed agent

Property Information    

Status
Active 
Address
8532 W Silver Lake Road 
City
Mears 
Zip
49436 
County
Oceana 
Township
Golden Twp 
Possession
At close 
Total Finished SqFt
2,650 
Above Grade SqFt
2,650 
Waterview
Waterfront
Waterfront Desc
All Sports, Dock, Private Frontage, View 
Body of Water
Silver Lake 
Water
Well
Sewer
Septic System
Year Built
1950 

School Information

School District
Hart 

Taxes

Taxes
$8,884 

Rooms and Land

MasterBedroom:
1st Floor
Bedroom2:
1st Floor
Bedroom3:
1st Floor
Bedroom4:
1st Floor
Bedroom5:
1st Floor
Dining:
1st Floor
Kitchen:
1st Floor
Living:
1st Floor
Bath:
1st Floor
Laundry:
1st Floor
Other:
1st Floor
Basement
Crawl Space, Slab 
Cooling
Central, Window Unit 
Heating
Forced Air, Propane 
Acreage
0.4 
Lot Dimensions
60 x 40 x 60 x 250 
Appliances
Microwave, Oven, Range, Refrigerator 

Features

Fireplace Desc.
Living 
Exterior Materials
Wood 
Exterior Features
Deck(s) 

Listing Video for 8532 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