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3264 N Piney Ridge Road, Ludington, MI 49431

$800,000
Commercial 1 Square Feet Taxes: $10,659.00 Built in 1950 Type: Business Opportunity Listed on 05/25/2017 MLS # 17024605

Description of 3264 N Piney Ridge Road, Ludington, MI 49431

HOBBY CREST RESORT ON 5,000+ ACRE HAMLIN LAKE-Own your very own year round resort with 413 ft. of prime Hamlin Lake frontage. 11 cottages nestled on scenic 3.5 acre setting overlooking lake. Listing includes a restaurant with indoor/outdoor dining opportunities. Closed to the public now, restaurant could be reopened as a restaurant or rented for weddings, anniversaries, business meetings, private parties etc. Combined, cottages include 22 bedrooms & 12 baths. The resorts private waterfront offers sandy bottom swimming, playground, picnic area, seawall w/ multiple docks for tying off boats & personal water craft. Close proximity to Ludington State Park & Lake Michigan. For the first time, HCR also being offered as smaller resort w/fewer cottages,vacant lot w/100'frontage & res. duplex lot.

Directions to 3264 N Piney Ridge Road, Ludington, MI 49431

West on Ludington Ave. to N. Lakeshore Dr. North on Lakeshore to the split to M116. Follow M116 to N. Piney Ridge Rd. North on Piney Ridge, past Larch Ave., to property on right. HOBBY CREST RESORT sign at driveway entrance.

Features of 3264 N Piney Ridge Road, Ludington, MI 49431

  • School district: Ludington
  • Electric heat
  • Forced air heat
  • Propane heat
  • Space heater(s)
  • Vinyl siding
  • Wood exterior
  • Lot acreage is: 3.5000
  • Lot dimension is: 413 x irregular
  • Waterfrontage: 413.00
  • Lot zoned: 201
  • Road frontage: 1.00
  • Cable television available
  • Metal roof
  • Rubber roof
  • Composition roof
  • Paved driveway
  • Unpaved driveway
  • Shared driveway
  • Well water
  • Septic system
  • Tax year: 2016

Mortgage Payments for 3264 N Piney Ridge Road, Ludington, MI 49431

The approximate monthly Principal & Interest payment for this property would be $4,284. This payment is based on a 30-year loan at a fixed rate of 3.90 % with a down payment of $80,000. Actual lender interest rates and loan programs may vary.

Use our Mortgage Payment Calculator to determine a more exact payment estimate.

Homes for Sale Nearby 3264 N Piney Ridge Road, Ludington, MI 49431

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Copyright 2017 MichRIC, LLC All rights reserved.
Data Last Updated 11/20/2017