1217 N STRAITS $1,299,998

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    1217 N STRAITS Indian River, MI 49749

    • 7 Beds
    • 3 Baths
    • 4,000 sq. ft.
    • Single-Family
    • MLS# 60311435
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    Views: 37 Days On Site: 169

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    Property Details

    Exquisite Lakefront Compound on Mullett Lake. Discover Pure Michigan luxury in this stunning 7 bedroom, 3-bath estate. Spanning over 4,000 sq ft, this home boasts 80 feet of crystal-clear all-sports lake frontage, part of Michigan's famous inland waterway system which connects to Lake Huron, Cheboygan River, Black River, Mullett Lake, Crooked River & Crooked Lake. Interior Elegance: The main floor features a well-appointed dining room with gas fireplace, a spacious great room with an additional gas fireplace & expansive windows with panoramic lake views. The gourmet kitchen offers hickory cabinets & granite countertops. The upper level includes three bedrooms, with a primary suite & a main bathroom. Lower-Level Retreat: The lower level is perfect for entertainment featuring a pub-style bar area, a secondary living room, two bedrooms, a bathroom, & two bonus rooms currently used as bedrooms without windows. Outdoor Paradise: Enjoy maintenance-free Trex decking on the upper level & a paver patio with a fire pit on the lower level. Near the lakeshore, a 2,000 sq ft patio features another fire pit, a gazebo, a gas grill, & a day cabin with an additional refrigerator. Additional Structures: The property includes a 30x40 pole barn attached to a larger 42x50 pole barn. The larger barn is spray foam insulated & features a two-bedroom, one-bath apartment, plus an office area & an extra bathroom. Year-Round Recreation: Perfect for all-season activities: summer boating & jet skiing, fall & spring ATV riding & winter snowmobiling, skiing & ice fishing. Conveniently located near The Rails to Trails System, snowmobile trails, fine dining, modern conveniences, ski resorts & casinos. Investment Opportunity: This property currently rents for $7,700 per week in summer as a popular Airbnb, allowing for rental income while retaining the apartment for personal use. Elevate your lifestyle with this extraordinary lakefront estate in Topinabee, MI & experience Up North in all of its splendor!

    • General Features
      • Bedrooms 7
      • Structure Style 2 Story
      • Acreage 1.09
      • Area Municipality Mullett Twp (16013)
      • Association Fee Y/N No
      • Body of Water Mullett Lake
      • County Cheboygan
      • Originating MLS RealComp
      • Ownership Private
      • Total SqFt Finished 4000
      • Waterfront Y/N Yes
      • Year Built 1973
    • Building Features
      • Appliances Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
      • Architecture Style Ranch
      • Bedroom 1 Level Entry
      • Basement Type Finished, Walk Out
      • Cooling System Central A/C, Wall/Window A/C, Window Unit(s)
      • Exterior Construction Cedar, Stone
      • Fireplace Features DinRoom Fireplace, FamRoom Fireplace, Gas Fireplace
      • Exterior Features Deck, Patio, Spa/Hot Tub
      • Garage Type Additional Garage(s), Detached Garage, Electric in Garage, Gar Door Opener
      • Interior Features Spa/Jetted Tub
      • Foundation Type Basement
      • Heating System Hot Water
    • Property Features
      • Lot Size IRREGULAR
      • Roads Gravel, Private Road
      • Sewer Septic Septic
      • Water Private Well
      • Water Features All Sports Lake, Boat Facility, Dock/Pier Facility, Lake Frontage, Waterfront
    • Schools
      • School District Inland Lakes School District

    Neighborhood

    49749 (Indian River) Demographics

    56 Median Age
    50 Population Density (per sq. mile)
    32% College Educated
    $56,230 Estimated Median Income
    1,714 Estimated Total Home Owners
    350 Estimated Total Renters
    83% / 17% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    4,326 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $257,250 Median Sales Price
    6 Homes Sold
    7 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,299,998
        9/23/2024 12:06:28 PM Price Reduced Source: Multiple Listing Service New Value: $1,299,998 0%
        9/10/2024 12:51:31 PM Price Reduced Source: Multiple Listing Service New Value: $1,299,999 0%
        8/10/2024 5:21:32 PM Price Reduced Source: Multiple Listing Service New Value: $1,300,000 -12.16%
        5/29/2024 3:52:00 PM New in Database Source: Multiple Listing Service New Value: $1,480,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.