North Bay Landing Resort: More Than a Cabin—A Waterfront Investment on Houghton Lake
Buyers searching cabins and camps for sale in Michigan often focus on buying a single waterfront cottage. On Houghton Lake, that often means spending $600,000 or more for one older cabin with limited income potential.
North Bay Landing Resort offers something very different.
The property includes seven waterfront rental cottages, a primary home on the lake, and a custom Northwoods-style home across the street, all sitting on three separate tax parcels. That parcel structure alone creates long-term flexibility and real estate strength.
From a value standpoint, if you assign roughly $350,000 to the primary residence, you’re effectively purchasing the income-producing resort portion for about $845,000. Looking at the real estate individually, the three resort parcels could potentially support around $500,000 each, plus the home—putting total real estate value near $1.85 million, before counting any business value.
Currently, the resort can generate about $150,000 in annual gross income, with room to grow. Many resorts see revenue increase significantly when new owners improve marketing, booking systems, and amenities.
Compared to buying a single cabin, North Bay Landing offers:
- Multiple income streams
- Real estate across multiple waterfront parcels
- Depreciation and tax advantages
- Long-term appreciation potential
For buyers wanting both Northern Michigan lake lifestyle and smart real estate investing, North Bay Landing Resort stands out as a rare opportunity on Houghton Lake.
MICHIGAN CAMPGROUNDS and RESORTS 