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$879,000
1948851 MLS ⋅ Metes & Bounds BLDG.
Opportunity is knocking in Northern Michigan. This well-established commercial property in Rapid City offers a turnkey business with strong visibility, ample parking, and exceptional flexibility for its next owner. Currently operating as an adult entertainment venue, the property includes a liquor license with the sale, creating immediate value and a wide range of possibilities. Continue the existing operation, elevate to a food and beverage program, or reimagine the space as a restaurant, neighborhood tavern, live entertainment venue, private event space, or another hospitality concept (subject to applicable approvals). The functional layout is well suited for gatherings, entertainment, and dining, making it easy to adapt to your vision. It also features a full basement for additional storage. Positioned just minutes from Torch Lake, Torch River, and year-round recreational destinations, this high-traffic location benefits from both local patrons and seasonal visitors. Whether you're looking for an established business or a property with room to evolve, this is a unique opportunity to invest in one of Northern Michigan's most popular recreational corridors.

4621 Rapid City Road NW, Rapid City
$895,000
3 Beds ⋅ 3 Baths ⋅ 1946164 MLS ⋅ Woodlawn Sub BLDG.
ELK LAKE will be your playground with 76 feet of private frontage! Hop on your boat and explore miles of shoreline throughout the renowned Chain of Lakes. Cruise down the Elk River to spend the day in the charming Village of Elk Rapids, head to Torch Lake for summertime fun at the famous sandbar, or venture to the Clam River for waterfront dining at Dockside. Anglers will appreciate easy access to Lake Skegemog and its excellent fishing opportunities. With endless destinations to discover, every day brings a new adventure on the water. The property includes an existing home that offers potential for renovation and updating, making it a great opportunity for those looking to create a personalized lakefront retreat. Alternatively, the prime waterfront lot provides an exceptional setting to remove the current structure and build the custom dream home you've always envisioned. Whether you choose to renovate or start fresh, the possibilities are endless.

13185 Bussa Road, Rapid City
$895,000
3 Beds ⋅ 2 Baths ⋅ 1945520 MLS ⋅ Fairmount Torch River BLDG.
2 COTTAGES - Discover the perfect blend of timeless charm and modern comfort on Torch River. The first cottage is a nostalgic log cabin offering turnkey condition, while the second cottage offers refined modern luxury. Nestled on 100 feet of river frontage with a towering canopy of hardwood and pines. The property includes a new well, updated septic system, permanent dock, natural gas and a 10x20 renovated boathouse. The idilic location offers boating access to the entire lower chain-of-lakes - Torch Lake, Lake Skegemog, Elk Lake and Clam Lake. A rare find combining authentic log cabin character, modern updates, and exceptional water access.

14047 Torch River Road, Rapid City
$890,000
3 Beds ⋅ 3 Baths ⋅ 1938026 MLS ⋅ Shell-Way's Torch River BLDG.
Torch River home, perfect location on the river but off the main channel for less traffic but with quick and easy access to Torch Lake. Immaculate and well maintained home is move in ready. This Ranch style home was designed to take full advantage of the River views. Kitchen, living room, dining room and family rooms all flow nicely together and out onto the deck. Home features gorgous solid wood floors throughout. 2 charming bedrooms and 2 full baths with an attached 2 car garage. Property also features a 20x40 3 stall detached garage with 30 AMP service. 1 stall was designed for boat or RV storage with a 10 foot door, full electric, heat and hot & cold water, space is currently used as a home gym. Upstairs is a delight with a studio apartment featuring with a full bath and clever additional sleeping area over the bathroom with wall ladder for access. Full property generator! Dock is included in sale.

9431 Shellway Drive, Rapid City
$825,000
1933067 MLS ⋅ Metes & Bounds BLDG.
193' OF PRIVATE ELK LAKE frontage is the setting for this parcel in quiet and secluded location. This exceptional lakefront property is a unique find and located in a very desirable area on the lake. A wonderful opportunity to create the home or getaway retreat of your dreams. Imagine watching the sunset over your piece of "up north" paradise and creating memories with family and friends. Enjoy world class boating on Elk Lake and the entire Chain-of-Lakes. You are a short boat ride from great fishing on Lake Skegemog; meander down the Torch River while watching the wildlife on the shores; Torch Lake offers a one-of-kind sandbar or dock your boat on the Clam River for dinner at the Dockside. Quaint waterside communities; recreation trails; golf; skiing; dining and shopping are a short drive away.

7884 Elk Tip Drive, Rapid City
$650,000
3 Beds ⋅ 3 Baths ⋅ 1926328 MLS
Torch Lake home with 30' of private frontage! Beautiful Torch Lake views from this classic home on 1.4 acres. The main floor features living room with natural stone fireplace and stunning lake views from den/office space. Upstairs offers private primary, 2 more bedrooms, 3rd bathroom and door to the rooftop viewing deck. The lakeside deck will be your favorite spot for family gatherings or quiet evenings. Imagine spending your days boating the entire Chain of Lakes, exploring adorable neighboring towns or simply relaxing lakeside. Don't miss out on this rare opportunity to have it all; a large home, expansive lot and private Torch Lake frontage!

11244 SW Torch Lake Drive, Rapid City
$800,000
4 Beds ⋅ 3 Baths ⋅ 1923903 MLS ⋅ Rex Terrace BLDG.
Possibly a once in a lifetime opportunity to own this mid-century mod cottage located in the coveted Rex Terrace Association on Elk Lake. The rich history of this land began in the early 1900s and has been enjoyed by families for multiple generations. This was originally built as a a year-round caretakes home and continues to be one of very few that are used year round. This home sits perched on a hilltop, across from the shared recreational area and overlooking the courts; a space which can NEVER be built on, which means your panoramic view of Elk Lake can never be developed. The home has a modern, open feeling with beamed ceilings and stone fireplace. Brand new roof, Pella Windows and Sliders have been installed, as well as the exterior of the home has new stain and trim. There's a drive-under attached 2-car garage and a 28x48 pole building with 220amp service. The ammennities the Association offers to all of its owners and guests include 1800 ft of shared, private Elk Lake frontage, boat docking, club house, sun deck, tennis and pickleball court, laundry and play house. Plus there are trails throughout for a leisurely stroll. This home has never been on the open market and it is RARE that any homes ever are. Rex Terrace is a timeless Northern Michigan gem, that you have an opportunity to continue to cherish and enjoy for years and generations to come.

13628 Rex Terrace Road, Rapid City
$825,000
3 Beds ⋅ 3 Baths ⋅ 1923464 MLS ⋅ N/A BLDG.
ENJOY WATERFRONT LIVING in a serene setting on the Rapid River. This home features 3,500 square feet of stylish design elements and high-quality finishes offering a wonderful opportunity for a year around home, get-a-way retreat or rental property. As you begin your tour you will find an inviting sitting room entry, a living room with a fireplace; dining room, a spacious family room with reclaimed wood floor, an all-seasons room with pine paneling, a den, (which could be converted to a fourth bedroom), three bedrooms, 2-1/2 baths, laundry on main floor. The chef in your family will delight in the kitchen with modern lighting, white custom cabinets, professional style appliances with WIFI double oven and bar style seating. The primary owner’s suite is enhanced by a luxurious bathroom with soaking tub, dual sinks, gorgeous accent tiles and flooring. Additional amenities include air conditioning; energy efficient Anderson windows; water softener and osmosis system; central vac system; custom quartz counter tops throughout; steel roof; smart home technology; skylights; 2-car garage and a garden/storage shed. Outdoor living will be a breeze with a large deck and beautifully maintained yard perfect for yard games and barbecues. a two-car detached garage; and a garden/storage shed. Your kids and guests will love the new guest house/playhouse. Imagine spending your summer days boating, kayaking, jet skiing from your piece of paradise on 71 feet of frontage with easy access to the entire Chain of Lakes including Torch Lake, Elk Lake, Clam Lake and Lake Skegemog. There are three boats slips on the water for all your boating needs.

9341 Shellway Drive, Rapid City
$875,000
3 Beds ⋅ 3 Baths ⋅ 1913692 MLS ⋅ Torch Winds (Vacant Lot Only) BLDG.
Enjoy the "Up North lifestyle" to the fullest with 12 calming acres of peace and tranquility, just a stones throw to all the Torch Lake amenities in the heart of the Elk Rapids School District This well kept, tastefully updated Chalet checks all the boxes with an impressive 40 x 80 heated and plumbed Pole-barn, expansive 1000 square ft deck, XL secluded master suite, bonus space for your office or home gym, AND a fully renovated kitchen with all new cabinets, appliances and granite counter tops. A thoughtfully designed layout has all the desired details; spacious foyer with closets for easy organization, ground floor laundry, secluded master suite, two main floor bedrooms and heated bathroom floors. On the lower level you'll find a wet bar, fireplace, 4th non conforming bedroom/office (50% finished) with egress and a covered porch with a custom nook wired and ready for a Hot-tub. Come see all this wonderful home has to offer!

10052 Timber Valley Court, Rapid City
$766,000
4 Beds ⋅ 3 Baths ⋅ 1919755 MLS
Rapid River! This immaculate home sits on 63' of River frontage w/ a permanent dock. Updated kitchen features stainless appliances, snack bar & tile back splash. The natural stone fireplace, wood flooring & oversized sliders give the dining room a stunning atmosphere. Enjoy the large family room w/ wood burning stove for cozy evenings. Private primary suite, plus 3 more bedrooms allows room for large family or guests. Several sliding doors to outdoor deck & riverside fire pit area. Includes .69 acre lot w/18x24 garage & 12x28 shed across the street. Boat to Torch River, Torch Lake & enjoy the entire Chain of Lakes right from your dock. Searching for the perfect UpNorth, waterfront home? This is it!

9291 NW Shellway Drive, Rapid City