Luther, Michigan presents a unique opportunity for real estate investment, particularly in the realm of rental properties. Consider a secluded log cabin family retreat offering 265 feet of private Little Manistee River frontage. This 2.22-acre property, bordering state land, features a 2,339 sq. ft. home with 4/5 potential bedrooms and 2 full baths, combining rustic charm with modern amenities.
Rental Potential and ROI
This property boasts a proven track record of short-term rental income, with summer months generating $11,000-$13,000 at nightly rates of $325 (5-night minimum). With the capacity to comfortably accommodate 9 guests and its tranquil riverside location, this retreat offers a lucrative opportunity for rental returns, making it an attractive investment for those seeking income-producing vacation homes.
Additionally, the property's direct access to the ORV trail system, expansive outdoor spaces including fire pits, and a spacious barn with a finished man-cave/recreation area enhance its appeal for renters seeking outdoor adventure and relaxation. Luther, MI's serene surroundings and proximity to natural attractions make it a desirable location for both full-time residents and those looking for weekend getaways or rental income.
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Secluded Log Cabin Family Retreat w/265 foot of private Little Manistee River frontage! Escape to your own private paradise with this stunning 2.22-acre log cabin family retreat, nestled at the end of a quiet dead-end road and bordering hundreds of acres of state land. Built in 2003, this 2,339 sq. ft. home offers 4/5 potential bedrooms and 2 full baths, blending rustic charm with modern comfort. The home's inviting layout features a spacious main floor with a large kitchen w/island, open to dinning room and living room. A gorgeous full-length covered front porch, and a generous back patio overlooking the Little Manistee River. The family room boasts a custom wet bar, perfect for entertaining, while the living room's vaulted ceilings are open to a catwalk connecting two upstairs bedrooms. The primary suite offers a large en-suite bath with Jacuzzi whirlpool tub and walk-in closets. Step outside to enjoy two firepits (one by the home, one by the river), a low-bank walkout to a beautiful stretch of this Blue Ribbon trout stream, and direct access to the ORV trail system right from your driveway. A highlight of the property is the massive 30' x 44' heated and insulated barn, complete with oversized overhead doors and a finished man-cave/recreation spaceideal for hobbies, gatherings, or overflow guest accommodations. Additional features include: *Metal roof & Andersen windows throughout *Central air and 2 on-demand water heaters as well as upgraded PEX plumbing *Appliances included: new refrigerator, gas stove, dishwasher, built-in microwave, washer & dryer To many more items to list... a must see to appreciate. This property also offers proven short-term rental income, generating $11,000-$13,000 in just a few short summer months with nightly rates of $325 (5-night minimum). Sleeps 9 comfortably with room for more. Whether you're seeking a full-time residence, a weekend getaway, or an income-producing vacation home, this private large family retreat delivers it all...outdoor adventure, quiet seclusion, and unbeatable riverfront living.
This property has been on the market for 75 days.
This property has been listed longer than average for the area. That could indicate it's overpriced, facing unique challenges, or possibly that there's room for negotiation. It's worth a closer look to understand what's behind the extended listing time.
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