206 Hilltop Avenue, Michigan City, IN 46360

$965,000
Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 2,856 Lot Size (sq. ft.): 5,130 Status: Active
Current Price: $965,000 List Date: 3/09/2026 Last Modified: 6/03/2026

Overview

Description

Incredible and rare Income-Producing Sheridan Beach vacation rental. Fully stabilized, this beautiful, high-demand LAKE VIEW property produces 85,000 in documented gross rental income on a rolling 12 months as of May 2026 with opportunity to earn even more with more available dates. Many bookings already for 2026. All the hard work is done so you can walk into this Turn-Key high-performing vacation rental with PROVEN income-producing history during peak and non-peak seasons. The home itself is a custom-built gem perched high on top of a dune, offering panoramic views of Lake Michigan, Washington Park, and Chicago. Renters love the open concept, generous parking including 2.5 car garage, fully-stocked kitchen with newer stainless steel appliances, and full bathrooms in each bedroom. Built for utility and enjoyment, this property delivers a memorable experience. Other features include generous outdoors space and close access to community staircase that makes a short five minute walk to t ...

Listing Details MLS# 835168

General Property Information

New Construction YN
No
Bedrooms Total
4
Bathrooms Full
5
Bathrooms Total
5
Rooms Total
9
Above Grade Finished Area
2856
Living Area
2856
Living Area Source
Assessor
Year Built
2002
Garage YN
Yes
Garage Spaces
2.5
Lot Size Acres
0.1178
Lot Size Square Feet
5130
Lot Size Source
Assessor
Association YN
No
Waterfront YN
Yes
Basement YN
No
Fireplace YN
Yes

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Basement: Crawl Space Construction Materials: Vinyl Siding Cooling: Ceiling Fan(s); Central Air Exterior Features: Balcony Fireplace Features: Electric; Living Room Flooring: Hardwood; Vinyl Heating: Forced Air Interior Features: Double Vanity; Eat-in Kitchen; High Ceilings; Kitchen Island Laundry Features: Gas Dryer Hookup; Upper Level; Washer Hookup Levels: 2-Sty Listing Terms: Cash; Conventional; Other Lock Box Information: Call Seller Direct Lot Features: Back Yard; Front Yard; Landscaped Parking Features: Driveway; Garage Door Opener; Garage Faces Front; Off Street Possession: Close Of Escrow Roof: Shingle Security Features: Carbon Monoxide Detector(s); Fire Alarm; Smoke Detector(s) Sewer: Public Sewer Special Listing Conditions: Agent Owned / Interest View: Lake; Neighborhood; Park/Greenbelt Water Source: Public Waterfront Features: Beach Access; Lake Front Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Dining Room; Kitchen; Living Room; Other Room; Primary Bedroom; Utility Room

Contract Information

Original List Price
969900
Auction YN
No
Property Sub Type
Single Family Residence
Property Attached YN
No
Listing Agreement
Exclusive Right To Sell
Owner Name
Trust No 120988
Occupant Type
Tenant

Location Tax and Legal

Street Number
206
Street Name
Hilltop
Street Suffix
Avenue
County
La Porte
State
IN
Postal Code
46360
Subdivision Name
Lakeview Park Add

Remarks and Miscellaneous

Public Remarks
Incredible and rare Income-Producing Sheridan Beach vacation rental. Fully stabilized, this beautiful, high-demand LAKE VIEW property produces 85,000 in documented gross rental income on a rolling 12 months as of May 2026 with opportunity to earn even more with more available dates. Many bookings already for 2026. All the hard work is done so you can walk into this Turn-Key high-performing vacation rental with PROVEN income-producing history during peak and non-peak seasons. The home itself is a custom-built gem perched high on top of a dune, offering panoramic views of Lake Michigan, Washington Park, and Chicago. Renters love the open concept, generous parking including 2.5 car garage, fully-stocked kitchen with newer stainless steel appliances, and full bathrooms in each bedroom. Built for utility and enjoyment, this property delivers a memorable experience. Other features include generous outdoors space and close access to community staircase that makes a short five minute walk to the beach and short trip to two local restaurants, Blue Chip Casino, and Downtown Michigan City. New Roof in 2025 and new furnace with whole house humidifiers and Ecobee thermostats in 2026. Property has been personally managed with professional cleaning to establish glowing online reputation with many positive reviews. Owner will assist purchaser with transition during upcoming rental season to owner's online rental platforms and cleaners. All furnishings and decor included except for two cabinets. Generate great passive income and own a property with unique features that you can enjoy as well!

Status Change Information

Major Change Timestamp
2026-05-02T01:27:17Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-05-02T01:27:17Z
Status Change Timestamp
2026-03-09

More Information

Bathroom Totals

Main Full
Yes
Upper Full
Yes

Exemption Information

Exemption YN
Yes

Fireplace Features

Fireplaces Total
Yes

Square Footage Information

Upper Level Finished SqFt
1632
Main Level Finished SqFt
1224

Room Types

Bedroom 2 Level
Upper
Bedroom 3 Level
Upper
Bedroom 4 Level
Upper
Dining Room Level
Main
Kitchen Level
Main
Living Room Level
Main
Other Room Level
Main
Primary Bedroom Level
Upper
Utility Room Level
Main

Room Information

Room Name Level Length Width Remarks
Living Room Main 23.50 18.00
Dining Room Main 11.00 9.00
Kitchen Main 15.00 17.00
Primary Bedroom Upper 15.00 17.00
Bedroom 2 Upper 14.00 10.00
Bedroom 3 Upper 17.00 10.00
Bedroom 4 Upper 17.00 13.00
Other Main 20.00 9.00 Foyer with room for additional seating under stairs
Utility Room Main 5.00 9.00
Listing Office: Coldwell Banker Market Connect
Last Updated: June - 03 - 2026
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