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$965,000

Est. payment - /mo

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4 Beds

5 Baths

2,856 SqFt

Price Dropped by $4K

206 Hilltop AVE Michigan City, IN 46360

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Christina Steele

christina@maptorealestate.com +1(574) 209-1010

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,856 sqft

Price per Sqft $337

Subdivision Lakeview Park Add

MLS Listing ID 835168

Bedrooms 4

Full Baths 5

Year Built 2002

Annual Tax Amount $3,909

Tax Year 2024

Lot Size 5,131 Sqft

Acres 0.1178

Property Sub-Type Single Family Residence

Property Description

Incredible and rare Income-Producing Sheridan Beach vacation rental. Fully stabilized, this beautiful, high-demand LAKE VIEW property produces 85,000 in documented gross rental income on a rolling 12 months as of May 2026 with opportunity to earn even more with more available dates. Many bookings already for 2026. All the hard work is done so you can walk into this Turn-Key high-performing vacation rental with PROVEN income-producing history during peak and non-peak seasons. The home itself is a custom-built gem perched high on top of a dune, offering panoramic views of Lake Michigan, Washington Park, and Chicago. Renters love the open concept, generous parking including 2.5 car garage, fully-stocked kitchen with newer stainless steel appliances, and full bathrooms in each bedroom. Built for utility and enjoyment, this property delivers a memorable experience. Other features include generous outdoors space and close access to community staircase that makes a short five minute walk to the beach and short trip to two local restaurants, Blue Chip Casino, and Downtown Michigan City. New Roof in 2025 and new furnace with whole house humidifiers and Ecobee thermostats in 2026. Property has been personally managed with professional cleaning to establish glowing online reputation with many positive reviews. Owner will assist purchaser with transition during upcoming rental season to owner's online rental platforms and cleaners. All furnishings and decor included except for two cabinets. Generate great passive income and own a property with unique features that you can enjoy as well!

Location

State IN

County La Porte

Interior

Interior Features Double Vanity, Kitchen Island, High Ceilings, Eat-in Kitchen

Heating Forced Air

Fireplaces Number 1

Fireplace Y

Appliance Dryer, Washer, Refrigerator, Microwave, Electric Range, Dishwasher

Exterior

Exterior Feature Balcony

Garage Spaces 2.5

View Y/N true

View true

Building

Lot Description Back Yard, Landscaped, Front Yard

Story Two

Others

Tax ID 460121312008000022

SqFt Source Assessor

Acceptable Financing NRA20260305200415000489000000

Listing Terms NRA20260305200415000489000000

Listed by Coldwell Banker Market Connect • Justin Berggren

NEARBY SCHOOL & BUSINESS

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