11586 N Old 27, Frederic, MI 49733

$950,000
  • 11586 N Old 27, Frederic, MI 49733 Main Photo

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New to the Market Active
BEDS0 BATHS0 SQUARE FEET4,077 MLS#201840145
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONT28N R3W

Property Description

Stolen Acres Resort on Horseshoe Lake offers a rare opportunity to own a turn-key Northern Michigan investment property with 8 charming lakeside cabins full of Up North character and updates. Seven of the cabins are four-season rentals, including one larger cabin currently used as caretaker living and another unit attached to a garage/workshop. Guests enjoy peaceful lakefront living with access to two docks, swim raft, kayaks, playground area, firepits, and ample parking. Located near snowmobile trails and year-round recreation, the property is just 2 miles from I-75, offering convenient access for travelers and vacationers. Whether youre looking to expand your portfolio, operate a family resort, or invest, Stolen Acres delivers strong income potential in a desirable recreational setting.

11586 N Old 27 | MLS# 201840145

This multi-family property located at 11586 N Old 27, Frederic, MI 49733 is currently listed for sale with an asking price of $950,000. Search Frederic real estate on www.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Central Air, Wall Unit(s), Window Uni
Fenced: Yes
Garage: 2 car attached
Heating: Baseboard, Electric, Forced Air, Propane
Home Style: Ranch, Cottage
Lot Size: 2 acres

Units

Unit Type 1:
Bedrooms: 2
Bathroom(s): 1
Rent: $150.00
Square Footage: 525
Unit Type 2:
Bedrooms: 2
Bathroom(s): 1
Rent: $150.00
Square Footage: 795
Unit Type 3:
Bedrooms: 1
Bathroom(s): 1
Square Footage: 338
Unit Type 4:
Bedrooms: 2
Bathroom(s): 1
Square Footage: 406
Unit Type 5:
Bedrooms: 1
Bathroom(s): 1
Square Footage: 442

Amenities

Carpet
Ceiling Fans
Hardwood Floors
Smoke Detector
Tile Floors

Feature Descriptions

Appliances: Dryer, Microwave, Refrigerator, Washer
Body of Water: Horseshoe Lake
Date active: 2026-05-19
Days on Site: 1
Exterior: Metal Siding, Paved Street, Shed, Steel Siding, Vinyl,
Financing Available: Cash, Conventional Mort
Heating Y/N: Yes
Laundry: In Bathroom
Lot Dimensions: 2 acres
Parcel Number: 020-006-004-080-00
Patio/Deck: Covered Deck, Covered Patio, Open Deck, Open Patio, Porch Open, Porch Covered
Rent Includes: Electricity, Fuel
Road Frontage: Fence Wood, Lawn, Outdoor Lighting, Trees
Sewer: Septic Tank
Units: 8
Water: Well

Local Schools

High School: Grayling

Listed By / Shown By

Listed By

Agency Name: Real Estate One of Gaylord
Agency Phone: 989-448-8209

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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Estimated Payment

$ 5,591.11 per month $5,314.03 Principal & Interest $0.00 Property Tax (data not provided by mls) $277.08 Homeowner's Insurance

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