Listing provided courtesy of REMAX Of Elk RapidsMLS# 80066818MLS Provider
  • 79 days on site
  • 1 views

Northern Michigan retreat with exceptional short-term rental potential just minutes from Elk Lake and Torch Lake access and the charm of Elk Rapids This inviting home offers the ideal blend of comfort, location, and year-round lifestyle appeal-'perfect for vacationers, investors, or those seeking a personal getaway with income upside. Guests and owners alike will love the freshly renovated home and its proximity to multiple township parks featuring pickleball, tennis, and basketball courts-'creating a built-in recreational experience that drives rental demand. Spend your days boating on Elk or Torch Lake, enjoying nearby public access points, or the easy jaunt into Elk Rapids for dining, shopping, and waterfront sunsets over Grand Traverse Bay. The home itself is designed for relaxation and functionality, offering flexible living spaces ideal for hosting groups, weekend travelers, or extended stays. Outdoor areas provide the perfect setting for entertaining, unwinding after a day on the water, or gathering around a fire under Northern Michigan skies. With its prime location near Elk Rapids, Torch Lake, Elk Lake and Grand Traverse Bay maximizing strong vacation appeal, and access to some of the region-„¢s most sought-after amenities, this property presents a rare opportunity to own a lifestyle-driven home with no limitations on potential short-term rental or income.

Source: Great Lakes Repository, MLS#: 80066818

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  • Property Type
    Residential
  • Lot
    0.49 acres

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Donald Fedrigon

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 7160 NW Cherry Avenue #Lot: 1


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/27/2026Source: Great Lakes Repository Price Reduction
$340,000 -4.2%
6/19/2026Source: Great Lakes Repository Status Change
Active
6/7/2026Source: Great Lakes Repository Status Change
Accepting Backup Offers
5/26/2026Source: Great Lakes Repository Price Reduction
$355,000 -1.1%
5/9/2026Source: Great Lakes Repository Status Change
Active
5/6/2026Source: Great Lakes Repository Status Change
Back on Market
4/28/2026Source: Great Lakes Repository Status Change
Accepting Backup Offers
4/12/2026Source: Great Lakes Repository Added to Database
April 12, 2026