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132 Ames Street, Elk Rapids
$370,000
3 Beds ⋅ 2 Baths ⋅ 1940329 MLS ⋅ Rankins Add To East Elk Rapids BLDG.
Outstanding investment opportunity in the Village of Elk Rapids. This well-maintained 1,670 sq. ft. multi-use commercial property offers high visibility in a strong traffic corridor with municipal water/sewer, paved parking, and energy-efficient systems, including natural gas forced air heat and central air. it is ideal for office, retail, or a live-work setup, all within walking distance to schools, the grocery store, golf course, and downtown waterfront attractions. The front unit is approximately 1,120 sq. ft. and features 3 bedrooms, 1 bath, and in-unit laundry. It can be used commercially or residentially, creating numerous income strategies for an owner-operator or investor. The back unit is a fully furnished 550 sq. ft. efficiency apartment with 1 bedroom, 3/4 bath, kitchen, and its own washer and dryer. This unit includes an existing short-term rental permit, making it immediately ready for STR income, or it may be used as a long-term rental. Both units can also be reconnected if a future buyer prefers a single-family home layout. Plenty of parking with 10 paved spaces, plus a partially fenced outdoor space in the backyard. The home is both stick-built and BOCA. Two of the bedrooms do not have closets. It has a beautifully landscaped yard with a sprinkler system and drip lines in the flower beds. Proximity to multiple recreation areas adds more appeal: Elk Lake’s Rotary Park and boat launch are just one mile south, Damn Beach and East Bay are a mile west with over 1,100 ft. of sandy shoreline, and Bass Lake is one mile north for fishing and outdoor enjoyment. Live, work, rent, or operate — this versatile investment in a desirable Lake Michigan community checks all the boxes.

132 Ames Street, Elk Rapids

198 Fox Run Drive, Elk Rapids
$1,380,000
3 Beds ⋅ 4 Baths ⋅ 1931777 MLS ⋅ Bay Breeze BLDG.
Perched atop Elk Rapids' highest point, this stunning 2025 home redefines luxury with a private elevator and breathtaking views of Lake Michigan, Old Mission Peninsula, downtown, Elk Lake, and marinas. In a prime private neighborhood, it's a 5-minute walk to downtown and Lake Michigan's shores. Perfect for entertaining, this 3,500+ sq ft home features two 300 sq ft PVC-wrapped composite decks. The gourmet kitchen boasts a 48-inch gas cooktop with six burners, a 12-inch griddle, double ovens, a pot filler, wine bar, and a 5 by 10-ft quartz-topped island with chandeliers. Anderson windows showcase water views throughout. A private elevator connects all three floors. The master suite offers his-and-hers closets, a 10 by 30-ft deck, and a spa-like bath with dual vanities, a soaking tub, and a rainfall shower under a chandelier. Built with 2 by 6 walls, foam insulation, a lifetime metal roof, tankless water heater, water softener, and zoned HVAC, this home excels. The oversized 2-car garage is prewired for an EV charger, with an epoxy floor and water access. Each 10 by 30-ft deck has water, electric, and gas outlets, plus security floodlights. In a condo-style community, enjoy irrigation, lawn care, landscaping, and snow removal for $1,000/year. Some images are virtually staged. Elevate your lifestyle in this Elk Rapids masterpiece, blending sophistication and serenity amid natural beauty.

198 Fox Run Drive, Elk Rapids

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