Overview
Nearly 10 acres with a 5-bedroom owner residence, rental income, solar, and state land access, located about 9 miles from Chums Corner in Traverse City and 30 miles from Cadillac. Rare residential-income opportunity on 9.98 usable acres in Mayfield Township, directly abutting state land with trail access toward Fish Lake. The owner-occupied main residence is currently used as a 5-bedroom, 2.5-bath home, including a finished lower-level living space with its own kitchen, bath, bedroom, private entrance, and proper egress. Three additional independently accessed living spaces are rented month-to-month and generate $2, 550/month in gross rental income. This flexible setup can work for an owner-occupant looking to offset housing costs, multigenerational living, guest space, workforce housing, or continued rental use. Features include a 2023 roof, owned solar panels connected to the house/grid tie, updated flooring, an updated bath in the owner residence, propane heat, central air, private 5-inch well, private septic, vinyl siding, internet/cable availability, detached covered parking for approximately five vehicles, and additional open parking. The setting is a major strength: usable acreage, active blueberry and strawberry plantings, horses allowed, no HOA, and protected state land behind the property. Seller has completed survey/planning work, obtained an MDOT permit for a third driveway, and has zoning correspondence related to a possible future parcel configuration and additional development path. Any future split, additional dwellings, zoning approval, driveway approval, septic requirements, survey filing, short-term rental use, financing options, solar production, utility treatment, and permitted uses should be independently verified by buyer with Mayfield Township, MDOT, health department, surveyor, lender, and applicable authorities.
