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  • Price cut: $15K (2/13)
    $525,000

    8623 Mercer Rd, Charlevoix, MI 49720

    4beds
    1,700sqft
    : 
    Single Family Residence
    Built in 1900
    0.3 Acres Lot
    $516,300 Zestimate®
    $309/sqft
    $-- HOA

    What's special

    Welcome to Mercer Rd, a rare turn-key, income-producing Northern Michigan retreat that isn’t a “maybe someday” investment, it’s a day-one performer. This home is licensed for short-term rental and has a proven track record generating approximately $100,000 per year in gross revenue (seller-provided), with documented performance to support it. Even better, this property isn’t starting from zero: there are future bookings already on the calendar into 2026, giving the next owner immediate momentum and cash-flow from the start. Whether you’re looking for a smart investment, a second home that pays for itself, or both, this is the kind of opportunity that almost never comes available. Buy it, own it, and start earning.
    75 days
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    484
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    11
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    Zillow last checked: 7 hours ago

    Listing updated: February 27, 2026 at 02:35pm

    Listed by:

    Beshoy Rezkallah 855-450-0442,

    Real Broker LLC 855-450-0442

    Source: NGLRMLS,MLS#: 1941475MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Primary bedroom
      • Level: Upper
      • Area: 177.6
      • Dimensions: 14.8 x 12
      Bedroom 2
      • Level: Upper
      • Area: 110
      • Dimensions: 11 x 10
      Bedroom 3
      • Level: Main
      • Area: 97
      • Dimensions: 10 x 9.7
      Bedroom 4
      • Level: Upper
      • Area: 110
      • Dimensions: 11 x 10
      Primary bathroom
      • Features: Shared
      Dining room
      • Level: Main
      • Area: 165
      • Dimensions: 15 x 11
      Kitchen
      • Level: Main
      • Area: 150
      • Dimensions: 15 x 10
      Living room
      • Level: Main
      • Area: 248.2
      • Dimensions: 17 x 14.6
      Heating
      • Forced Air, Natural Gas
      Appliances
      • Included: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer
      • Laundry: Main Level
      Features
      • Pantry, Kitchen Island, Mud Room, Cable TV, High Speed Internet
      • Flooring: Wood
      • Basement: Michigan Basement
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 1,700
      • Total interior livable area: 1,700 sqft
      • Finished area above ground: 1,700
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached, Concrete
      • Garage spaces: 1
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Covered, Porch
      • Has spa: Yes
      • Spa features: Hot Tub
      • Waterfront features: None, Stony Bottom
      Lot
      • Size: 0.3 Acres
      • Dimensions: 100 x 148
      • Features: Level, Metes and Bounds
      Details
      • Additional structures: None
      • Parcel number: 00402300725
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Single Family Residence
      Materials
      • Frame, Wood Siding
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Sewer: Private Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: None
      • Subdivision: Charlevoix Twp
      HOA
      • Services included: None
      Location
      • Region: Charlevoix

      Financial & listing details

      • Price per square foot: $309/sqft
      • Tax assessed value: $132,828
      • Annual tax amount: $5,738
      • Price range: $525K - $525K
      • Date on market: 1/6/2026
      • Cumulative days on market: 76 days
      • Listing agreement: Exclusive Right Sell
      • Listing terms: Conventional,Cash
      • Ownership type: Private Owner
      • Road surface type: Asphalt
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        Estimated market value

        $516,300

        $490,000 - $542,000

        $2,296/mo

        Price history

        Price history
        DateEventPrice
        2/13/2026Price change$525,000-2.8%$309/sqft
        Source: NGLRMLS #1941475 Report a problem
        1/30/2026Listed for sale$540,000$318/sqft
        Source: NGLRMLS #1941475 Report a problem
        1/14/2026Contingent$540,000$318/sqft
        Source: NGLRMLS #1941475 Report a problem
        1/6/2026Listed for sale$540,000+36.7%$318/sqft
        Source: NGLRMLS #1941475 Report a problem
        12/27/2022Sold$395,000$232/sqft
        Source: NGLRMLS #1905621 Report a problem
        10/6/2022Listed for sale$395,000+44.4%$232/sqft
        Source: Northern Michigan MLS #469710 Report a problem
        7/23/2021Listing removed--
        Source: Real Estate One Report a problem
        6/10/2021Listed for sale$273,500-7.3%$161/sqft
        Source: Northern Michigan MLS #465372 Report a problem
        12/16/2020Listing removed$295,000$174/sqft
        Source: Pat O'Brien & Associates - Charlevoix #463523 Report a problem
        10/15/2020Listed for sale$295,000$174/sqft
        Source: Pat O'Brien & Associates - Charlevoix #463523 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$5,738 +3.4%$182,600 +9.7%
        2024$5,550 +23.8%$166,500 +35.7%
        2023$4,483 $122,700 +23.9%
        2022-- $99,000 -7.1%
        2021-- $106,600 +49.3%
        2020-- $71,400 +3%
        2019-- $69,300 -3.9%
        2018-- $72,100
        2017-- $72,100 +1.5%
        2016-- $71,000 +2.7%
        2015-- $69,100 -3.1%
        2014-- $71,300 +1.3%
        2013-- $70,400 -3.8%
        2012-- $73,200 -4.3%
        2011-- $76,500 +1.5%
        2010-- $75,400

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $3,062/mo
        Principal & interest
        $2629
        Property taxes
        $433
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          Climate risks

          Neighborhood: 49720

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • District: Charlevoix Public Schools

          Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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