1612 Lake Shore Drive, Michigan City, IN 46360

$2,100,000
Property Type: Residential Bedrooms: 4 Baths: 1 Square Footage: 1,612 Lot Size (sq. ft.): 9,600 Status: Closed
Current Price: $2,100,000 List Date: 11/17/2021 Last Modified: 2/24/2024

Overview

Description

This is an opportunity to own 80' of lake front property on Lake Michigan. This classic Sheridan Beach cottage could be lovingly restored, rebuilt on 2 lots as one large home footprint up to 4599 SF or build 2 homes with footprint at 2014 SF each. A new plat of survey just completed. This premier location with a sweeping dune beach has endless possibilities. Mature pine trees in front and natural grasses surround this lot making it a private sanctuary, fittingly named "Restwell''. Make your plans now and start building or restoring. Public water and sewer services. No beach erosion issues here. Just minutes to the heart of the Michigan City Harbor, Arts District and South Shore train stop. Don't miss this unique offering. Bonus!! - fully booked short term rental history available. Could be a lucrative INVESTMENT in many ways or your dream lakefront home.

Listing Details MLS# 504318

General Property Information

New Construction YN
No
Bedrooms Total
4
Bathrooms Full
Yes
Bathrooms Total
Yes
Rooms Total
8
Above Grade Finished Area
1612
Living Area
1612
Living Area Source
Owner
Year Built
1919
Garage YN
Yes
Garage Spaces
Yes
Lot Size Acres
0.2204
Lot Size Square Feet
9600
Lot Size Source
Public Records
Lot Size Dimensions
80 X 120
Association YN
No
Waterfront YN
Yes
Water Body Name
Lake Michigan
Basement YN
Yes
Fireplace YN
No

Property Features

Appliances: Gas Range; Refrigerator Architectural Style: Cottage Basement: Walk-Out Access Construction Materials: Vinyl Siding; Wood Siding Cooling: Central Air Flooring: Hardwood Frontage Type: Lakefront; Waterfront Heating: Forced Air; Natural Gas Interior Features: None Levels: 2-Sty Listing Terms: Cash; Conventional Lot Features: Lake On Lot; Landscaped; Paved; Sloped; Wooded Parking Features: Attached Patio And Porch Features: Covered; Deck; Porch Possession: Close Of Escrow; Subject To Tenant Rights Property Condition: Fixer Road Surface Type: Paved Utilities: Cable Available View: Lake Water Source: Public Waterfront Features: Lake Front; Lake Privileges Room Types: Bathroom; Bedroom 2; Bedroom 3; Bedroom 4; Dining Room; Kitchen; Living Room; Other Room; Primary Bedroom

Contract Information

Original List Price
1999999
Property Sub Type
Single Family Residence
Property Attached YN
No
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant

Location Tax and Legal

Street Number
1612
Street Name
Lake Shore
Street Suffix
Drive
County
La Porte
State
IN
Postal Code
46360
Subdivision Name
Lakeside Add

Remarks and Miscellaneous

Public Remarks
This is an opportunity to own 80' of lake front property on Lake Michigan. This classic Sheridan Beach cottage could be lovingly restored, rebuilt on 2 lots as one large home footprint up to 4599 SF or build 2 homes with footprint at 2014 SF each. A new plat of survey just completed. This premier location with a sweeping dune beach has endless possibilities. Mature pine trees in front and natural grasses surround this lot making it a private sanctuary, fittingly named "Restwell''. Make your plans now and start building or restoring. Public water and sewer services. No beach erosion issues here. Just minutes to the heart of the Michigan City Harbor, Arts District and South Shore train stop. Don't miss this unique offering. Bonus!! - fully booked short term rental history available. Could be a lucrative INVESTMENT in many ways or your dream lakefront home.

Status Change Information

Major Change Timestamp
2022-02-07T08:33:07Z
Major Change Type
Status Change
Status Change Timestamp
2022-02-07
Offer Acceptance Date
2021-11-28
Close Date
2022-02-07
Close Price
2100000
Concessions
No
Buyer Financing
Cash

More Information

Exemption Information

Exemption YN
Y

Frontage Type

Frontage Length
80

Square Footage Information

Upper Level Finished SqFt
676
Main Level Finished SqFt
936

Showing Requirements

Showing Instructions
Showingtime - 24 hour notice.

Historical Information

Public Historical Remarks
Unfinished SF: 676, Annual Maint Incl: None (Plat Map), Bathroom Level: Upper, Bathroom Description/Room Remarks: Full

Room Types

Bathroom Level
U
Bedroom 2 Level
U
Bedroom 3 Level
U
Bedroom 4 Level
U
Kitchen Level
M
Living Room Level
M
Other Room Level
M
Primary Bedroom Level
U

Room Information

Room Name Level Length Width Remarks
Living Room Main 26.00 10.00
Kitchen Main 10.00 8.00
Primary Bedroom Upper 10.00 9.00
Bedroom 2 Upper 10.00 9.00
Bedroom 3 Upper 9.00 8.00
Bedroom 4 Upper 8.00 8.00
Other Main 26.00 10.00 Enclosed Porch
Dining Room Main 12.00 12.00 12.00 x 12.00
Listing Office: Coldwell Banker Realty
Last Updated: February - 24 - 2024
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