$749,000
For Sale

1186 E ARTHUR ROAD

Otto, MI 49452
2044 sqft | 4 beds | 3 baths | #20240047548
Browse 69 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Turn-Key INCOME producing horse boarding ranch adjacent to the Manistee National Forest. Welcome to Madre Loca Ranch, established/opened in 2023, owners have done all of the hard work - all you have to do is bring your horses, unpack & head to the beach! (TEN MINUTES TO LAKE MICHIGAN!) Stressed over higher interest rates? Offset your monthly mortgage payments by boarding horses or expand into other livestock/agricultural options with this farm. The opportunities for agritourism are endless with this popular "vacation location" & set-up. Facility amenities include: Indoor Riding Arena 66 x 100 with new LED lighting throughout entire barn, dust-free arena with installed sprinkler system in arena ceiling, new heated viewing room, new observation decks, new tack room, new grain room, new private paddock, new quarantine pasture & 3 sided shelter, $11,000 in new/repaired/freshly painted fencing, new circular barn driveway with culvert & parking lot, new gates, Nelson Heated Auto Watering System, frost free hydrant, RAM fencing, 6 stall barn with room & plans for 4 additional stalls, 2 private paddocks, hay storage for 600 square bales in barn, 34 x 40 insulated pole barn (2015) with 220 amp service, floor drains, and paved driveway. Indulge after a hard days work in your 8 x 18 infinity pool/swim spa. Owners currently utilize as a hot tub in the winter & pool in the summer months. Home & property/business renovations and improvements totaling over $150,000. Life is taking the current owners in a different direction, turn their dream into yours! Website, business & name to transfer. 50 minutes to Grand Rapids, 1 hour to airport, 3.5 hours to Chicago, 30 mins to Pentwater, 35 minutes to Muskegon. High-Speed fiber optic internet available, 20 minutes to fine dining, shopping, wineries, sand-dunes & marinas. Pictures cannot capture the views - book a showing! Furnishings, machinery and business items available for purchase. Home warranty included!

  • Interior Details
      • CoolingCeiling Fan(s), Central Air, Heat Pump
      • HeatingForced Air, Heat Pump
    • Beds & Baths
      • Total Baths3.00
      • Bedrooms4
      • Bathrooms3
      • Full Baths3
  • Property Details
      • Exterior FeaturesSpa/Hot-tub, Awning/Overhang(s), Gutter Guard System, Lighting, Fenced, Pool - Above Ground
      • Lot FeaturesAdjacent to Public Land, Farm, Hilly-Ravine, Irregular, Native Plants, Wooded, Water View
    • Measurements
      • Square Feet2044
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1991
  • Community and Neighborhood Details
      • School DistrictMontague
      • RegionOtto Twp
      • CountyOceana
  • Financial Details
      • Original List Price$749,000
  • Other
      • MLS #20240047548

Location

Jamila FelderReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00