Introducing Lake Charlevoix Where Lake Living is Elevated to an Art

During his exploration of the Great Lakes, home to the native Ottawa people, French explorer Pierre Francois de Charlevoix happened upon this area in the 1850s and while conflict and strife was constant as a result of competing settlers, the area ultimately found balance and progress, especially when the Pine River Channel was dredged in 1869 that connected what is now Lake Charlevoix to Lakes Michigan and Round Lake. (Click here to see Northern Michigan's finest collection of Lake Charlevoix vacation rentals)

Lumber became the region’s claim to fame and by the early 20th century, cruise ships began docking at the town’s piers. Prohibition spurred a burgeoning gambling industry…

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What Exactly Is an Asset?

A resource with the economic worth that an individual, corporation, or country possesses or controls with the hope of future gain is referred to as an asset. Assets are bought or developed to raise a company's value or benefit its operations, and they are reported on the balance sheet. Whether it's manufacturing equipment or a patent, an asset can be looked at as something that can create cash flow, cut expenses, or increase sales in the future.

Important takeaways

  • A resource with the economic worth that an individual, corporation, or country possesses or controls with the hope of future gain is referred to as an asset.
  • Assets are bought or developed to raise a company's value or benefit its operations, and…

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​On a gentle promontory of Lake Charlevoix's south shore, lies Sommerset Pointe Lake Charlevoix, an intimate and exclusive waterfront destination in Northern Michigan.  Sommerset Pointe's spectacular setting blends an authentic maritime atmosphere with all of the contemporary amenities that you have come to expect.  Located just west of Boyne City, its convenient location is ideal for a weekend getaway, with small-town events only minutes away. (Click here to see all Sommerset Pointe Villas in Boyne City, MI for Sale)

Available in two layouts: 2,195 square-foot, 3-bed, 2-bath single-floor lower unit and a 3,700 square-foot, 2-story upper unit with 4-bed, 4-bath. Both include an attached 2-car garage and spacious walkout patio overlooking Lake…

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