USLakeFront Lake survey & intelligence

$190,000

8731 Point Ln, Houghton Lake, MI 82830

Sample listing
4
Bedrooms
2
Bathrooms
2,250
Square feet
80 ft
Shoreline
$2,375
Per shoreline ft

Turnkey lake house with two-slip dock on Houghton Lake. Roughly 80 feet of owned shoreline on 0.53 acres, with 4 bedrooms across 2,250 square feet. Floating dock. Water clarity on Houghton Lake averages around 6 feet and the lake is classified stable for water level. Dock and shoreline work fall under Michigan EGLE. This is a sample listing used to demonstrate the platform.

Features

BoathouseWhole-house generatorFire pitNew seawallCovered slip

Property facts

Property typeHouse Year built1960 Lot size0.53 acres DockFloating dock Water depth at dock10 ft ExposureWest-facing ViewMain channel Annual taxes$1,867 HOA$45/mo Short-term rentalVerify locally Listed2026-08-05
$2,188
All-in monthly
$45,810
Cash to close
$10,978
Costs beyond the obvious

Up front

Down payment$38,000
Closing costs (est. 2.4%)$4,560
Septic inspection & pump$850
Water quality testing$400
Waterfront home inspection$800
Survey (shoreline frontage)$1,200
Total$45,810

Every year

Principal & interest$12,013
Property taxes$1,867
Hazard insurance$1,400
Flood insurance$2,400
HOA / POA dues$540
Utilities$3,038
Maintenance reserve (1.1%)$2,090
Septic service$520
Well & water testing$260
Dock maintenance$900
Winterization / seasonal close$750
Shoreline / seawall reserve$480
Total$26,257
Adjust these assumptions →
$2,375
This home / shoreline ft
$5,725
Lake average
$84
Per square foot
Well below the lake average — this property prices at $2,375 per shoreline foot against a lake average near $5,725, a difference of -59%. Shoreline frontage is the metric that drives waterfront value, and it is almost never published.
Open the analyzer →
Modeled from the lake's estimated nightly rate and occupancy. Confirm local short-term rental rules before you rely on this.
Booked nights / year121 Gross revenue$92,094 Lodging tax−$10,130 Management−$16,393 Cleaning & supplies−$18,834 Net operating income$46,737 Against annual carry$20,480
Model your own →
6.2
Lake score
D
Water grade
2 ft
Drawdown
Level stabilityStable Typical clarity6 ft Dock authorityMichigan EGLE
Full Houghton Lake report →
Comparable

Similar waterfront