



Attention investors: this proven performer on West Michigan's Art Coast offers a projected 9.5% cap rate, minutes from Saugatuck, Douglas, and Lake Michigan beaches. PRICED well below independent appraisal! The home currently operates as a successful short-term rental with 5-star ratings. It also meets the standards for a Short Term Rental under the Township's new ordinance. This 4,000 sq. ft. modern farmhouse sits on 2.58 private acres. Commercial zoning adds flexibility for an on-site office or a live-work setup. Four bedrooms (two en-suite) sleep 8, and a movie room and library can flex as extra guest space. Pool, croquet and bocce courts, Thermador kitchen, and 10' ceilings throughout. Solar power, EV charging and heated 6-car garage. An adjacent 2-acre vacant lot is also available. Furnishings are negotiable. This home meets the standards of a Short Term Rental under the Township's new ordinance which allows no more than 12 guests at a time and a 2 day minimum rental. There is a cap on the number of STR's which is 175. The current number of STR's is about 150. Applications for STR's will be accepted in late November 2026. An adjacent 2-acre vacant lot is also available, offering a rare opportunity to expand the estate into a family compound or accommodate additional uses - perfect for those looking to create a multi-generational retreat or expand your investment footprint. This home currently operates as a successful short-term rental with 5-star guest ratings.
| Year | Tax amount | |
|---|---|---|
| 2025 | USD $15417 | NZD $27,786* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
Email enquiry to RE/MAX of Grand Rapids (FH)
Property ID: 110110241581
Original Property ID: 3yd-GRARMI-26049881