$475,000
Cottage with legal short-term rental history
2 bd1 ba
2,000 sqft
120 ft shore
Two-slip covered
$3,958/ft
Architect-designed retreat on the main channel on Lake Charlevoix. Roughly 420 feet of owned shoreline on 1.14 acres, with 3 bedrooms across 3,650 square feet. Permitted, not built. Water clarity on Lake Charlevoix averages around 25 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.
| Down payment | $128,000 |
| Closing costs (est. 2.4%) | $15,360 |
| Septic inspection & pump | $850 |
| Water quality testing | $400 |
| Waterfront home inspection | $800 |
| Survey (shoreline frontage) | $1,200 |
| Total | $146,610 |
| Principal & interest | $40,464 |
| Property taxes | $5,904 |
| Hazard insurance | $2,688 |
| Flood insurance | $2,400 |
| Utilities | $4,928 |
| Maintenance reserve (1.1%) | $7,040 |
| Septic service | $520 |
| Well & water testing | $260 |
| Dock maintenance | $900 |
| Winterization / seasonal close | $750 |
| Shoreline / seawall reserve | $2,520 |
| Total | $68,374 |