Space
Finished area and layout
- Square Feet
- 1,100-1,500 sqft
- Bedrooms
- 5
- Bathrooms
- 2
+20 more
5
Bedrooms
2
Bathrooms
1,100-1,500 sqft
Square Feet
80 x 165 FT
Lot
4
Parking
Property Snapshot
Key details for this listing
MLS #X13466048
Property
Type, style and structure
- Type
- residential
- Style
- single family / Detached
- Ownership
- Freehold
- Basement
About This Property
This 5-bedroom, 2-bathroom single family in Grey Highlands offers 1,100-1,500 sqft of square feet on a 80 x 165 FT lot. 1 storey. The home features forced air, natural gas heating, none, a finished, n/a basement, a fireplace.
MLS Remarks
TURNKEY WATERFRONT INVESTOR & LIFESTYLE OPPORTUNITY! Welcome to 133 Island View Drive, a premier 4-season waterfront property on sought-after Lake Eugenia. Perfectly situated on an expansive lot with 80 feet of prime direct frontage, this winterized five bedroom sanctuary (including a bunkie with electricity) boasts a rare, coveted sandy beach entry-ideal for family swimming and water sports. Experience the ultimate year-round lifestyle: premier motorized boating, wakeboarding, and bass fishing in the summer; world-class skiing, snowboarding, and snowshoer trails at the nearby Beaver Valley Ski Club and Blue Mountain all winter long. Beyond a private retreat, this property is a highly successful, established short-term rental business operating since March 2022. Backed by verified performance figures in the attached document, the property achieved a 2024 peak gross of $76,653 and boasts a lean, incredibly stable annual cost structure (~$30k-$32k/year). The historic 3-year average net income sits at $35,071, despite the current owners heavily restricting dates for personal use. Unlock massive untapped revenue potential! By reclaiming owner-reserved inventory-opening the winter ski season and peak summer weeks to the market-pro forma projections show a Full-Availability Gross Potential of ~$94,750 and an Estimated Net Income Potential of ~$57,000+. Complete with a winterized hot tub, this property comes with the option to retain the highly experienced local co-host for an entirely hands-off, seamless transition. Live in luxury, enjoy effortless cash flow, or do both. Your turnkey Grey Highlands oasis awaits! (id:60351)
Inclusions
Looking for Something Similar?
We can help you find properties matching your criteria, including exclusive listings not yet on the market.
Save favorites, track showings, view sold data & get market alerts — Free account — 100% free
