5462 M-123, Paradise, MI 49768 (MLS# 23-366)


$450,000
5462 M-123
Paradise, MI 49768
MLS# 23-366
Status: Active w/Contingencies
3 beds  |  8 baths  |  1284 sqft


5462 M-123, Paradise, MI 49768
  1 / 23  
5462 M-123, Paradise, MI 49768 5462 M-123, Paradise, MI 49768 5462 M-123, Paradise, MI 49768 5462 M-123, Paradise, MI 49768 5462 M-123, Paradise, MI 49768 5462 M-123, Paradise, MI 49768 5462 M-123, Paradise, MI 49768 5462 M-123, Paradise, MI 49768 5462 M-123, Paradise, MI 49768 5462 M-123, Paradise, MI 49768 5462 M-123, Paradise, MI 49768 5462 M-123, Paradise, MI 49768 5462 M-123, Paradise, MI 49768 5462 M-123, Paradise, MI 49768 5462 M-123, Paradise, MI 49768 5462 M-123, Paradise, MI 49768 5462 M-123, Paradise, MI 49768 5462 M-123, Paradise, MI 49768 5462 M-123, Paradise, MI 49768 5462 M-123, Paradise, MI 49768 5462 M-123, Paradise, MI 49768 5462 M-123, Paradise, MI 49768 5462 M-123, Paradise, MI 49768

Property Description
A great opportunity to own rare commercial waterfront property in Paradise. SO MANY POSSIBILITIES! With over 7 acres, 400+ feet of water frontage. Rare 200+ feet of commercial frontage with direct lake access, flanked by two residential lots. The main house has 3 bedrooms, 2 bath, foyer area, utility room, living room and kitchen. Three other cabins onsite with one already gutted to studs. Enjoy the panoramic views of the bay. The entire shoreline frontage of this property is protected with a stone seawall, valued at $130,000, with two mini-access beaches. Property is being sold as-is.

Details
Documents
Contract Information
Current Price: $450,000
List Date: 2023-05-28
List Price: $450,000
Status: Active w/Contingencies
For Sale or Rent: For Sale
Property Information
Type: Other
Realtor.com Type: Residential-Single Family
Total Bedrooms: 3
Total Full Baths: 4
Total 3/4 Baths: 4
Total Bathrooms: 8
Basement: No
Car Storage Capacity: 1
Garage Storage Type: Garage Detached
Garage Dimensions: 33x20
Age: 31 - 50
Seasonal: No
Style: Ranch
Waterfront: Yes
Water View: Yes
Lake/Rvr/Creek/Strm: Lake Superior
Waterfront Access: Yes
# of Acres: 7
Year Built: 1970
Total SqFt.: 1284
Source of sq. ft.: Agent measurement
Abv grade fin sq ft: 1284
Lot Size: 7+
Duplicate: No
University Area: No
Location, Tax and Legal
Area: 52 - Paradise & Tahquamenon Areas
Unit #/St #/Space #: 5462
Street Name: M-123
State: MI
Zip Code: 49768
Townships: Whitefish
County: CHIPPEWA
Zoning: Com/Res
School District: Whitefish
Tax ID: 016-153-021-00;016-153;028-00;016-153-029-00
Special Assessment: N
Taxes: 5657.65
SEV: 186400
Tax Year: 2022
Directions and Remarks
Directions: Approx. 1 mile south of Paradise
Sold Info
Contingent: Active w/Contingencies
Property Features
Extras: Pole Building/Garage
Electricity: Installed
Heating: Baseboard
Water: Drilled Well
Sewer: Septic
Appliances: Electric Range; Refrigerator
Windows: Double Pane
Laundry: Main Level
Other Rooms: Apartment
Roof: Asphalt shingles
Lot: On Water; Water View
Fireplace: One; In Living Room
Terms: Cash; Conventional
Showing Instructions: 24 Hr Notice; Appointment Only; See Private Remarks
Possession: Negotiable
Documents on File: Survey
Patio/Deck: Enclosed Porch; Open Deck; Porch Open
Room Information
Room NameLevelLengthLengthWidthAreaWidthArea
Living RoomMain23.0023.0012.00276.0012.00276.00
KitchenMain8.008.006.0048.006.0048.00
Primary BedroomMain14.0014.0011.00154.0011.00154.00
BathroomMain11.0011.005.0055.005.0055.00
Utility RoomMain9.009.00
FoyerMain11.0011.007.0077.007.0077.00
Bedroom 2Upper15.0015.0013.50202.5013.50202.50
Bedroom 3Upper15.0015.00
BathroomUpper6.006.005.0030.005.0030.00

Listing Office: Superior Shores Realty

Listing Agent: Derek Tait

Last Updated: October - 16 - 2023


The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.