4385 S US Highway 23, Greenbush, MI
$ 1,500,000
Property Attributes
  • MLS#23146301
  • TypeMulti-Family
  • CountyALCONA
  • CityGreenbush
  • AreaGreenbush Twp
  • NeighborhoodGreenbush Twp
  • Zip48738
  • Style5+ Units
  • Year Built1960
  • Taxes$ 9612
  • Price$ 1,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.25 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

Live and work on the shores of majestic Lake Huron in this 1.25 acre property offering a unique blend of luxurious living and income potential, making it the perfect live-in and investment property. Pristine lakeside land includes a meticulously updated main house and 8 charming cabins, all with breathtaking lake views. The main house boasts 3 beds and 2 full baths, a masterpiece of modern upgrades and functionality. Spacious open-concept living area flooded with natural light. Gourmet kitchen with top-of-the-line appliances, granite countertops, and a large island. Wall of windows offering panoramic lake views. Luxurious master suite with a spa-like ensuite bath. Also includes an office space with private exterior entry. The eight cabins are a perfect blend of rustic charm and modern comfort. Successful rental history providing a steady stream of income for the current owner. Whether you continue the rental business or use the cabins as guest accommodations for friends and family, this property offers exceptional income potential. Imagine waking up to the sound of the waves and the smell of fresh lake air, all while earning rental income! The property features well-maintained grounds, providing a serene environment for residents and guests alike. Enjoy long walks on the private beach, picnics on the beach, and water sports right from your doorstep. Lake Huron is renowned for its crystal-clear waters, and this property gives you a front-row seat to experience it all. Most cabins will come fully furnished - start collecting rental income right away! View drone video and 3D tour.

Price History
12/31/2023 Listed $1,500,000

General Features

Sewer Septic System
Heating Forced Air,Natural Gas
Cooling Window Unit(s),Central Air
Utilities None Available,Natural Gas Connected,Electric Connected,Cable Connected
Possession Close Of Escrow
Roof Composition
Construction Materials Vinyl Siding
Year Built 1960
Tenant Pays None
Property SubType 5+ Units
Tax Year 2022
OwnerPays None
Community Features Lake
County Alcona
New Construction No
Property Type Multi-Family
Attached Garage No
Status Active
Directions North of Martel Road off of S US 23 on East side of road.
City Greenbush
Body of Water Lake Huron
High School District Oscoda
Zoning Description Commercial
Total Units 9
MLS Area Outside MichRIC Area - Z
Lot Size Square Feet 54450.0
Waterfront Y/N Yes
Street Name US Highway 23
Land Lease Y/N No
Tax Annual Amount 9612.0
Lease Renewal Y/N No
MLS Area Minor Outside MichRIC Area - Z
Additional Parcels Y/N No
Rent Control Y/N No
Virtual Tour https://tour.virtual-inspection.com/1157233---4385-s-us-23-greenbush-mi-48738
Days on Market 99
Standard Status Active
Occupancy Description Owner
Tax Assessed Value 257775
MobileHomeRemainsYN No
Senior Community None

Interior Features

Basement Slab
Total Fireplaces 11
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features Common Area,In Unit
Electric On Property Y/N No

Exterior Features

Parking Features Driveway,Gravel
Total Parking 14.0
Lot Size Area 1.25
Number of Buildings 11
Spa No
Lot Dimensions 150x570
Lot Size Acres 1.25
Lot Size Units Acres
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 48738

AVG $1.5M
AVG $9,612
AVG 85
Data Provided by Inside Real Estate®
Year Built
AVG 1960

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