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$ 750,000

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9270 S M-37 Mayfield Twp, MI 49620

5 Beds

3 Baths

3,539 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Rent

Square Footage 3,539 sqft

MLS Listing ID 78080067804

Style Apartment,Colonial,Duplex,Other

Bedrooms 5

Full Baths 2

Half Baths 1

Year Built 1978

Lot Size 9.980 Acres

Acres 9.98

Property Sub-Type SingleFamilyResidence

Property Description

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.

Location

State MI

County Grand Traverse

Area Area28111Mayfieldtwp

Rooms

Basement Block

Upper Level, 14.0*9.0 Bedroom2

Main Level, 16.0*12.0 LivingRoom

Lower Level Laundry

Main Level, 12.0*27.0 Kitchen

Upper Level, 12.0*9.0 Bedroom3

Upper Level, 12.0*13.0 Bedroom1

Interior

Heating Forced Air, Propane

Cooling Central Air, Exhaust Fan

Fireplace No

Exterior

Parking Features FiveCarGarage, Detached, Garage, Carport

Garage Spaces 5.0

Garage Description 52x23

Fence Fenced

View Y/N No

Garage true

Building

Lot Description Sprinklers

Foundation Block

Sewer Septic Tank

Water Well

New Construction No

Schools

School District Buckley

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://youtu.be/uZOaa7ilv-s?si=_c2eXkB3D4XWueVM

Listed by Sander Scott of Net Real Estate

Realty Executives Home Towne

9270 S M-37 Mayfield Twp, MI 49620

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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9270 S M-37