Skip To Content

395 S Peninsula Road

East Jordan, MI 49727
  • $5,500,000
  • STATUS: Active
  • ON SITE: 99 days
  • MLS #: 1886464
UPDATED: 21 min ago
$5,500,000
  • 0
    BEDS
  • 50
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,000
    SQFT
  • $458
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1947
County:
Area:

School Ratings & Info

Description

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.

Monthly Payment Calculator



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2021 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2021-08-01T18:51:51.817.
www.boermarealty.com/homes/116415011
Print Image

395 S Peninsula Road East Jordan, MI 49727

  • Price: $5,500,000
  • Status: Active
  • Updated: 21 min ago
  • MLS #: 1886464
0
Beds
0
Baths
0
½ Baths
50
Acres
12,000
SQFT
$458
$/SQFT
1947
Built
Neighborhood:
Cedar Rest Resort
County:
Charlevoix
Area:
Charlevoix
Property Description
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.
Exterior Features

Body Of Water Lake Charlevoix Construction Other Exterior Features Other Foundation Other Lake Size Huge Lot Dimensions 1556X1348x1661x1319 Parking Other Road Public Maintained Roof Other Water Front Footage 1348

Interior Features

Heating Cooling Type Forced Air

Property Features

Business Incl Yes Business Name Cedar Rest Resort Deeded Waterfront Yes Documents On File Agency DisclosureLegal DescriptionOtherSurvey Eco Features No Energy Efficient Not Applicable Extras Additional BuildingsOverhead Door(S)Reinforced Concrete Floor Heating Cooling Source Propane Gas Included In Lease None Inventory Incl Yes Licenses None Listing Agreement Type Exclusive Right To Sell Location Freestanding Possession Negotiable Present Use Recreational/Resort Private Shared Private Real Estate Incl Yes Renewable Not Applicable Sale Or Lease For Sale Sale Rent For Sale Section Number 3 Sewer Private Septic Terms 1031 ExchangeCashCommercial LoanConventional Mortgage Township South Arm Type Mixed Use Type Of Ownership Private Owner Univs Design Barrier Free None Vacant Land No Water Private Well Water Conservation Not Applicable Zoning AgriculturalCommercial



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2021 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2021-08-01T18:51:51.817.
 
https://bt-photos.global.ssl.fastly.net/nglrmls/orig_boomver_1_1886464-2.jpg https://bt-photos.global.ssl.fastly.net/nglrmls/orig_boomver_1_1886464-2.jpg https://bt-photos.global.ssl.fastly.net/nglrmls/orig_boomver_1_1886464-2.jpg
Logo
Boerma Realty, LLC
2008 S Mission St.
Mt. Pleasant MI, 48858