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4998 N MAIN Street, Long Lake, MI 48743

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For Sale

$700,000

11 beds • 8 baths • 3,516 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Detached
    Property type

  • $199.09
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

The Long Lake Lodge is a fully renovated, turn-key hospitality business on the shores of the highly sought-after Long Lake. Recently built out, staged, and furnished, this 7-unit lodge is fully staffed and ready to operate. Renovations were completed by a proven team known for turning mom-and-pop properties into high-performing hospitality businesses. The lodge features approx. 125' of lake frontage and a private 90' sandy beach with fire pits, BBQ grills, and a spacious wraparound deck. Amenities include a brand-new parking lot, two private docks, five guest-use kayaks, and a partnership with Long Lake Pontoon Rentals (also for sale), which operates two pontoons docked at the property. Layout: Rooms 1 3 (Lakefront): 2BR, 1BA, kitchenette, living room, lake views Room 4 (Lakefront): 1BR, 1BA, kitchenette, living room, lake views Room 5 (Street Side): 1BR, 1BA, kitchenette, living room Room 6 (Street Side): Former studio, now a communal gathering space w/full kitchen & seating for ~30 Room 7 (Street Side): 2BR, 1BA, kitchenette Also includes: laundry facility, supply/storage room, and a brand-new shed. Owners primarily used the lodge for family and church events. In 2024, they casually tested the rental market and generated $60,428.43 (5/24 10/31). For 2025, the property is only available to book as an entire-property rental and already has several bookings. The lodge reopens 5/22 for Memorial Day weekend; single unit bookings will be available within 45 days of stay dates. 2025 Booking Performance (to date): Revenue: $25,159.15 Reservations: 6 Avg. Rev./Reservation: $4,193.19 Avg. Nightly Rate: $1,659.31 Nights Booked: 16 Avg. Stay: 2.67 nights With a $1,659.31 avg. nightly rate, strong income potential, high demand, & group-friendly setup, it s ideal for reunions, retreats, or a getaway that pays for itself. Fully listed on Airbnb, VRBO, Expedia & Booking dot com with PMS, automated locks, & on-site staff. Run remotely with minimal owner oversight hands-on owners could increase profits.
MLS# 20250020990

Courtesy Of eXp Realty
811 N. Main St., Royal Oak, MI 48067
(888) 501-7085

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Water Front
  • Architecture Style
    Ranch
  • Heating System
    Baseboard
  • Lot Size
    0.68 Acres
  • View Type
    Water

Map and Directions

Directions to 4998 N MAIN Street, Long Lake, MI 48743

Home seller CENTURY 21 Signature Realty

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CENTURY 21 Signature Realty

(989) 362-4261
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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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