Jeff Jarvis

4987 Loeb Road, Charlevoix, MI 49720

$1,495,000
  • 4987 Loeb Road, Charlevoix, MI 49720 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#480690
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLCharlevoix

Property Description

Step into a piece of Northern Michigan history with this extraordinary estate in Charlevoix. Spanning two acres, this unique property brings together three distinct buildings?the historic stone Loeb Schoolhouse, a carriage house, and a duplex?into one spectacular compound. Lovingly renovated by an artistic craftsman, the estate currently features 7 rentable units, with the township allowing for a total of 8, offering a highly lucrative turnkey or value-add investment opportunity. The crown jewel of the estate is the historic 1917 old schoolhouse. The main schoolhouse showcases exceptional cut stone craftsmanship and preserved historic character throughout. It currently features a stunning sunrise-view loft under construction, offering the perfect canvas to design a massive, luxurious owner's suite. Below, an expansive lower level provides limitless potential for storage, a creative studio, workshop, or custom home gym. Whether you are looking for a high-yield investment or have the creative vision to develop a premier boutique compound, the sky is the limit on this property's potential.

4987 Loeb Road | MLS# 480690

This multi-family property located at 4987 Loeb Road, Charlevoix, MI 49720 is currently listed for sale with an asking price of $1,495,000. Loeb Road is located within the Charlevoix school district. Search Charlevoix real estate on jeffjarvis.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Heating: Natural Gas
Roof Type: Asphalt Shingles

Feature Descriptions

Exterior: Wood Frame
Sewer: Septic
Units: 8
Water: City

Local Schools

School District: Charlevoix

Listed By / Shown By

Listed By

Agency Name: Berkshire Hathaway HomeServices Real Estate
Agency Phone: 231-547-9905

Shown By

Agent Name: Jeff Jarvis
Agent Phone: Cell: (906) 464-0123
Agency Title: Key Realty

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Estimated Payment

$ 8,798.65 per month $8,362.61 Principal & Interest $0.00 Property Tax (data not provided by mls) $436.04 Homeowner's Insurance

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