What Are Michigan's Most Expensive Lakes?

With more than 11,000 inland lakes and their entire shape defined by the Great Lakes, Michigan is a hot spot for lakefront real estate. A recent report from LakeHomes.com, a multi-state brokerage, and real estate database, offers some insight into where the priciest lakefront real estate is found in Michigan. To compile its quarterly Lake Market Report, LakeHomes.com pulled MLS data to find the average listing price for all for-sale homes in each market on Sept. 1, 2018. The top 10 most expensive lakes for lakefront homes in Michigan are listed below, ordered from the least expensive lake to the most expensive lake at No. 1.  (Click here to see all Northern Michigan Waterfront Lifestyle Homes for…

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Breakers East condos are located on the shore of Little Traverse Bay. This is one of the finest waterfront condo communities in Harbor Springs.

This neighborhood makes one of think of east coast homes with their cedar shake exteriors. However, the waterfront setting is what really makes this environment special.

The Breakers East neighborhood has an estate-type feel to them despite being condominiums.

These condominiums also have spacious lofts which are great for the kids to escape to.

Gourmet kitchens dominate the real estate market in the Breakers East neighborhood.

Master bedrooms typically have waterfront views, walk-in closets, and ensuite bathrooms.

The dining…

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Holiday Rail Jam – December 29th, 2019

The Holiday Rail Jam is open to all skiers and snowboarders who want to "lay it on the line" and show us what you got.  This is a judged event and top finishers will walk away with some great prizes like Boyne gift cards and SWAG from Under Armor.  The rail jam will be a fast-moving competition with music, announcer, and various divisions based on the number of entrants.  Spectators are welcome so come on out and get ready for a great show.

Stuff you need to know:

  • Registration noon - 1:30 pm in near the entrance to the cafeteria at Boyne Highlands
  • The entry Fee is $5.00
  • Rail Jam will begin at 2 pm, location to be determined 
  • Divisions are dependent upon who signs up but rest assured there will be…

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Holiday Rail Jam – December 29th, 2019

The Holiday Rail Jam presented by Under Armour is open to all skiers and snowboarders who want to "lay it on the line" and show us what you got.  This is a judged event and top finishers will walk away with some great prizes like Boyne gift cards and swag from the event sponsor.  The rail jam will be a fast-moving competition with music, announcer and various divisions based on the number of entrants.  Spectators are welcome so come on out and get ready for a great show.

Things to know:

  • Registration 2 - 3:30 pm in the West Civic Center Lobby at Boyne Mountain. 
  • Entry Fee is $5.00 
  • Rail Jam will begin at 4 pm at a location to be determined
  • Divisions are dependent upon who signs up but rest…

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Sold: 414 Boyne City Avenue Boyne City, MI 49712

MLS: 459746 - $229,000

DOWNTOWN BOYNE CITY! Large 4 unit multifamily investment property is available for sale! Great location in downtown Boyne City! Just a block away are all the shops, restaurants and the marina and the beach is nearby! Could make a great Airbnb property! There are 3 one-bedroom units and one two-bedroom. There is a 2.5 car garage also available for additional storage. (Click here to see all Commercial Real Estate for Sale in Northern Michigan)

Live in one unit and rent the remaining units out! Several units have had recent updates. There is a large fenced in yard your tenants can enjoy. Natural gas has been metered separately. Electric has not. Could easily be metered…

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What Is a NNN (Triple Net Lease)?

A triple net lease (also known as a NNN lease) is a lease agreement in which the tenant or lessee agrees to cover all of the property's expenses, such as real estate taxes, building insurance, and upkeep. These costs are in addition to your rent and utility bills. In ordinary commercial lease arrangements, however, the landlord is usually responsible for some or all of these payments.

Commercial property net leases come in a variety of forms, including NNNs. In a single net lease, tenants must pay property taxes in addition to rent, while a double net lease usually includes property insurance.

Important Takeaways

  • A triple net lease (NNN) requires the tenant to pay all property expenses, including…

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Lake Charlevoix vacation homeIf you value lifestyle in combination with an appreciation profile, there just might be a place in your portfolio for a Northern Michigan vacation home that makes financial sense. Vacation home prices typically lag major market residential rates by 12-36 months.

But with asking prices for Northern Michigan waterfront and ski-proximate real estate up 10 percent to 20 percent this year (based on 24 months sold price per sq ft averages), discounting has not hit our market.

 While the obligations and negative cash flow aspects of ownership can sometimes be burdensome, the numbers still work as illustrated on our Investment Performance page. Now is the time to explore the pluses and minuses of buying a Northern Michigan vacation home property…

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Home to an artsy, outdoorsy community, East Jordan is perhaps best known as the gateway to one of Northern Michigan's coolest wild places: the Jordan River Valley, an 18,000-acre paradise loaded with old-growth forest and the pristine Jordan River.  Because of the area's rich history, the homes for sale in the East Jordan real estate market are typically charming cottages and mature single-family homes, each with its unique perks and varying property sizes.  If you're looking for a home with a little more privacy, it doesn't get much better than right here. Properties here, especially those on large parcels, are hugged by lush patches of woodlands and greenery, which further enhances that feeling of exclusivity and seclusion. 

Harborage…

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Nestled in the space between Lake Charlevoix and Lake Michigan, the city of Charlevoix is home to nearly 2,500 residents. As such, this quiet community enjoys great access to recreation along the lakes and conveniences at the heart of the big city. When it comes to the Charlevoix, MI real estate market, buyers will find that there is a nice selection of single-family homes and condominiums available. Note: We are including five condominium communities in this list that are actually on Round Lake, technically not Lake Charlevoix, but they are connected so it made sense to do so to us.  Charlevoix condominiums for sale are some of the most sought-after real estate options in Northern Michigan.  

Edgewater Inn Condominiums in downtown…

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Boyne City is the epitome of a charming Northern Michigan town; where familiarity runs deep and waves exchanged by those passing by.  With roots that date back as far as 1856, Boyne City has always been cherished for its small-town allure and relaxed way of life.  

Surrounded by the peace and tranquility of nature, friendly locals, waterfront wonders, and endless nature trails to explore, Boyne City might be just the rural paradise you're looking for. 

Traditional communities, all built within the last several decades, woven together with a lovely little downtown area that residents adore.  For these reasons, it's no surprise that Boyne City real estate attracts all types of buyers, from young professionals to families to retirees. 

It's easy…

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