$537,500 Calculate Payment
8540 W Silver Lake Road Mears, MI 49436
Single Family Residence
2,373 Sq. Ft.
0.4 Acre Lot
Time on Site
Days on Market
3 rental cottages on 1 Silver Lake waterfront lot. Owners paid $550,000 and put over $100,000 into these cottages. Dock. Great swimming, boating & fishing lake. Cottages all have a great view of the dunes & lake. Weekly summer rentals at $5450 for all 3 together to sleep 20 people. 6 bedrooms, 5 ba...ths, 1 laundry, 3 kitchens, 3 lakeside decks. Legal is lots 13 & 36 (beach front) of Adelia Beach. One 2 bedroom, 1 bath cottage with new flooring. Plus a 3 bedroom, 2 bath connected to another 3 bedroom, 1 bath. $15,000 new septic installed April 2017. 6 year average rental income $47,000+. New bath added 2019. Some new flooring and appliances in 2019. Continue reading
2,373 sq. ft
Price per Sq. Ft.
Detailed Room Information
Square Footage Above (approx)
2373 Sq. Ft. Above Ground
Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
Central Air, Ceiling Fan(s)
Gas Heat Forced Air
1. Fireplace, Living Room
Additional Interior Features
Exterior / Lot Features
Deck. Dock Facilities. Water Access. Waterfront.
60 x 37 x 50 x 250
Water Front Type
Additional Exterior/Lot Features
Water Access, Water Front, Dock, Lake. Unpaved Road, Paved Road, Public Roads, Mineral Rights.
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Example seller's savings based on a total commission of 3.99% vs. a traditional 6%. It is subject to change based on agreement between seller and agent. More