395 S Peninsula Road
East Jordan, MI 49727
$5,500,000
Photo A Photo B Photo C
Photo D Photo E Photo F
Photo G Photo H Photo I
1350 feet of direct frontage on Lake Charlevoix. This 50 acre parcel with 1350 feet of frontage on Lake Charlevoix is a rare, rare opportunity. Waterfront is all zoned commercial, the back 38 acres is zoned agricultural - could be any number of things -- a marina, a resort, condos OR an incredible estate property. Currently a classic 1950's resort with 12 cabins and a main house (that generates a really good 1950's income, LOL). $6 million appraisal on file.

http://jacklane.realestateone.com/1886464
Jack Lane Team
521 Randolph Street
Traverse City, MI 49684
Work: 231-995-0000
Mobile: 231-883-7444
[email protected]
https://www.jacklaneteam.com
 
Property Details
Status: Active
Listing Date 04/23/2021
County: Charlevoix
Acreage: 50.0
Lot Dimensions: 1556x1348x1661x1319
Price/SqFt: $458
Zoning: Agricultural, Commercial
Current Use: Recreational/Resort
Water: Private Well
Features: Additional Buildings, Overhead Door(s), Reinforced Concrete Floor
Sub Property Type: Mixed Use
Possession: Negotiable
Total Finished SqFt: 12,000
Waterfrontage: 1348.0
Year Built: 1947
Parking: Other
Exterior Features: Other
Cooling: Forced Air, Propane Gas
Heating: Forced Air, Propane Gas
 
Listing Office: Traverse City-Randolph St.
Office Address: 521 Randolph Street
Listing Number: 1886464
THE ACCURACY OF ALL INFORMATION, REGARDLESS OF SOURCE, IS NOT GUARANTEED OR WARRANTED. ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED. Listings last updated: Friday, July 30, 2021. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site appears in part from the IDX programs of our Multiple Listing Service. Real Estate listings held by brokerage firms other than Real Estate One include the name and address of the listing broker where available.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.