Single Family Residence in Elk Rapids, MI - $399,900

Looking for the perfect vacation getaway, family home, or income-producing short-term rental investment with almost all 5 STAR reviews? Welcome to 7457 Cairn Highway- updated throughout in 2022, beautifully maintained 3-bedroom, 2-bath home in one of Northern Michigan’s most sought-after lakefront communities. Location is everything, and this property is ideally situated just 500 feet from public access to stunning Elk Lake perfect for paddleboarding or kayaking. No permit is required for short-term rentals in this township, offering excellent potential for immediate rental income. Inside, you'll find a warm, inviting layout featuring a bright and spacious main level and a fully finished lower-level with bedroom, bathroom and rec area ideal for entertaining or extra guest space. The home offers comfortable bedrooms, updated bathrooms, and plenty of natural light throughout. Enjoy being just minutes from Torch Lake, downtown Elk Rapids, and an easy drive to Traverse City, making it a central hub for year-round fun from boating and hiking to wineries and festivals. Don’t miss this rare opportunity to own a flexible-use property in a prime location, whether you’re investing, vacationing, or planting roots in Northern Michigan! Furnishings are negotiable and rental revenue information available upon request. NEW GUTTERS installed August 2025.