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For Sale

$1,100,000

7475 S East Torch Lake Drive
Alden, MI 49612

Bed 11 br
Bathroom 7 ba
Sqft 2,573 sqft
Unlimited potential for the discriminating investor. This unique waterfront opportunity on Thayer Lake (On Golden Pond), right across the street from Torch Lake, features two year round main homes and four cabins on 300 feet of Thayer Lake frontage with two separate tax ID numbers. Excellent opportunity to enjoy the lake life while collecting income from rentals. These Thayer Lake cabins have an established reputation with return renters. Enjoy the quiet of this no-wake lake, while being just minutes to Torch Lake, Alden and the beautiful areas surrounding the Lower Chain of Lakes. The main homes each have 2 bedrooms, 1.5 baths, a fireplace and a garage. There is also a separate detached garage for extra storage. The cabins offer the perfect rustic up north feel with all the comforts you'd expect. 3 of the cabins have 2 bedrooms and 3/4 bath. One cabin is a 1 bedroom, 3/4 bath. All cabins come completely furnished and share the use of two docks, row boats and kayaks. Thayer Lake is a peaceful no-wake lake frequented by loons and offering great fishing, kayaking or canoeing. Read More

Market Status
Available
Last Updated
August 4, 2022

Property Type
Single Family Home
Architecture
Waterfront
Year Built
1979
Bedrooms
11 BR
Baths
7 full BA
Stories
1
Refrigerator
-
Oven
-
Heating System
Baseboard; Forced Air
Roof
Asphalt
Stories
1.0
Dock
-
Property Type
Residential; Single Family Detached
Waterfront
-
Living Room
-
Dining Room
-
Kitchen
-
Additional Areas
Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath
Water View
-

Local Market Conditions

There are currently 15 properties for sale in the Alden, MI area with the average listing price of $1,307,180. This represents an increase of +0.5% over the previous week. To learn more about the Alden, MI area, contact a local expert!

Market Snapshot for Alden, MI

Avg. Listing Price

$1,307,180

Wk ending Aug 6

$+6,633

+0.5%

w-o-w

15

23

23

Average Listing Price for Alden, MI
No. BedroomsNo. Beds Week Ending
(Aug 6)
w-o-w Week Ending
(Jul 30)
Week Ending
(Jul 23)
Week Ending
(Jul 9)
All PropertiesAll $1,307,180 +0.5% $1,300,547 $1,319,014 $1,412,267
1 bedroom1 BR - +0.0% - - -
2 bedrooms2 BR $370,925 -1.5% $376,640 $378,240 $458,050
3 bedrooms3 BR $1,825,444 -8.3% $1,991,250 $2,125,714 $2,002,143
4 bedrooms4 BR $595,000 +0.0% $595,000 $595,000 -

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Listing Provided By:

Gary Scheitler

Paradise Properties USA Inc

Phone
This $1,100,000 Single Family Home at 7475 S East Torch Lake Drive in Alden, MI is presented by Gary Scheitler. This $1,100,000 Single Family Home, located in the 49612 zip code, has the following property features: Oven, Refrigerator, Property Type, Kitchen. This 7475 S East Torch Lake Drive Single Family Home is listed under MLS listing number 1902056, has 11 beds, 7 baths, and has a listing price of $1,100,000. You can find more Alden homes for sale here.

Copyright © 2022 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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