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13662 Red Arrow Highway, Harbert, MI 49115

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For Sale

$3,250,000

9 beds • 8 baths • 1 half baths • 8,000 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $406.25
    Price per square foot

  • Over 50 Years Old
    Age

  • Fireplace
    Fireplace

Explore this Property

Rare investment opportunity in the heart of Harbor Country! This fully renovated, multi-unit property in Harbert, MI, offers a unique blend of luxury, functionality, and income potential. Currently operating as a high yield short-term rental with event space, the property's design allows for seamless adaptation to a variety of uses. Located on the lake side of Red Arrow Highway, it is just a short stroll or bike ride to Harbert Beach. This is an exceptional find in an affluent, underserved market. There are four modern loft-style units on the main level, including two spacious two-bedroom units (sleep 2-6 each) and two studio one-bedroom units (sleep 2 each). The two-bedroom units feature two baths with deep soaking tubs, full kitchens, gas fireplaces, in-unit laundry, and private deck areas. The two very large studio units include kitchenettes, fireplaces, and private outdoor spaces. Each family member could have their own unit and meet for family reunions in the large gathering room! This lofty and modern event space is a standout feature, hosting large events with seating up to 55. This open span space has tall ceilings, a full kitchen with a beverage fridge, a half bath, a prep room with a second standard fridge, a cozy sitting area with modern furniture and a gas fireplace, and storage space. Two large modern sliders open to a beautifully landscaped courtyard. The outdoor area includes four private campfire spaces, a wedding ceremony area, and a large hot tub, creating a stunning setting for events of all kinds. The completely private lower-level three-bedroom unit boasts a modern designer kitchen with custom-made countertops, in-unit laundry, and a living room with oversized glass garage doors that flood the space with natural light. The primary king bedroom includes a walk-in closet and an en suite bathroom with a deep soaking tub. The tall garage doors open to provide an indoor-outdoor living space with a private outdoor sitting area, hot tub with fireplace and fenced-in yard. Storage is plentiful in the lower level, which also includes a designated laundry and supply room for seamless rental management. The remaining unfinished basement space presents a fantastic opportunity for further expansion whether for additional studio units, storage, or a customized business venture. Every inch of this property has been meticulously updated with new HVAC, plumbing, electrical, insulation, a new roof, and new flooring throughout. The property is being sold completely turnkey, including beach chairs, towels, umbrellas, coolers, bikes, and kayaks. There is a designated laundry and supply center for organized linen management. The remainder of the lower level is an exciting opportunity for further development. This space could be converted into three additional rental units, used for extra storage, or repurposed to fit any commercial need. Every inch of this property has been meticulously updated with new HVAC, plumbing, electrical, insulation, a new roof, and new flooring throughout. The property is being sold completely turnkey, including beach chairs, towels, umbrellas, coolers, bikes, and kayaks. While the property is currently used for short-term rentals and events, its layout allows for easy transformation into various uses. Potential opportunities include a long-term or mid-term rental, condominium development, or a private estate. The flexible design makes it an excellent fit for owners and investors looking to customize the space to their vision. Schedule your private showing today!
MLS# 25010609

Courtesy Of Ellsbury Commercial Group
701 N Red Bud Trail, Buchanan, MI
(219) 200-5133

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck, Porch, Patio
  • Appliances
    Cooktop, Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer
  • Architecture Style
    Contemporary
  • Exterior Type
    Brick, Concrete
  • Fireplace
    Fireplace
  • Lot Size
    0.35 Acres
  • Rooms
    Kitchen, Living Room

Map and Directions

Directions to 13662 Red Arrow Highway, Harbert, MI 49115

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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