7743 McDonald Rd, Cheboygan, MI 49721

Investment Opportunity in a Traditional Lakefront Family Compound About 3400 habitable square feet is being offered in this traditional lakefront compound on one hundred feet of beautiful Mullett Lake frontage. This eastern shore parcel features a sandy lake bottom with wonderful sunsets and beautiful long-lasting summer twilight. The open plan, 2000 s/f, Gambrel-roofed three-bedroom two bath home features second floor skylights and outdoor decks. Enjoy the shoreline up close from the comfort of the three-season, glassed-in and screened sunporch. The property offers a legacy two bedroom accessory dwelling which can work as caretaker or flex space for guests, and the two-car garage has a fully enclosed, wired and insulated second story space above for conversion to a garage apartment, guest room or discreet mancave. In total, about 3,400 square feet of enclosed space across three buildings converts to six bedrooms or three dwellings easily. The 475’ deep, wooded parcel is accessed at the non-connecting end of McDonald Road in an established, tranquil lakeshore neighborhood. Paved driveway with secured entrance and a generous auto court. A seasonal dock is provided and artesian well with mound septic/pumping station. Owners are including the riding mower with the property and there’s a mix of sunny and shaded spaces for the gardener. And the neighbors are nice. Mullett Lake is about 26 square miles in area with dozens of places to visit. Half a mile northwest from your dock is the mouth of the Cheboygan River and the access point for the Inland Lakes Waterway with dozens of destinations up and down the waterway. Near the mouth of the river is the party sandbar for "tying up" and fireworks on the fourth. A one-mile bicycle ride down McDonald road brings you to the North Central State Trail access point at Orchard Beach. Aloha State Park is 3.5 miles by bicycle and there’s a boat launch there. Party stores a few miles away and Walmart at seven miles. Scores of Northern Michigan diversions and attractions are just beyond your dock or just a short drive. Mackinaw City is just minutes away, and a few minutes more to Mackinac Island or on up into the Upper Peninsula and points beyond. Offered near assessed value - Interest rates are lower - - Principals or Principal's Agent Only - No Brokers Please - (Rent to Own is not an option.)