Improved Mixed-Use Land for Sale in Fennville, Michigan

Attention investors: this proven performer on West Michigan's Art Coast offers a projected 9.5% cap rate, minutes from Saugatuck, Douglas, and Lake Michigan beaches. PRICED well below independent appraisal! The home currently operates as a successful short-term rental with 5-star ratings. It also meets the standards for a Short Term Rental under the Township's new ordinance. This 4,000 sq. ft. modern farmhouse sits on 2.58 private acres. Commercial zoning adds flexibility for an on-site office or a live-work setup. Four bedrooms (two en-suite) sleep 8, and a movie room and library can flex as extra guest space. Pool, croquet and bocce courts, Thermador kitchen, and 10' ceilings throughout. Solar power, EV charging and heated 6-car garage. An adjacent 2-acre vacant lot is also available. Furnishings are negotiable. This home meets the standards of a Short Term Rental under the Township's new ordinance which allows no more than 12 guests at a time and a 2 day minimum rental. There is a cap on the number of STR's which is 175. The current number of STR's is about 150. Applications for STR's will be accepted in late November 2026. An adjacent 2-acre vacant lot is also available, offering a rare opportunity to expand the estate into a family compound or accommodate additional uses - perfect for those looking to create a multi-generational retreat or expand your investment footprint. This home currently operates as a successful short-term rental with 5-star guest ratings.