6 -7 Lotus Bay Road
Property Description
Welcome to an extraordinary Lake Erie waterfront opportunity offering two homes on 4.7 private acres with over 1,000 linear feet of waterfront. Tucked away in a quiet and secluded setting, this unique property offers the flexibility to create a spectacular private lakefront estate, continue as a successful short term rental operation, or explore its potential as an investment and development opportunity. 6 Lotus Bay features 3 bedrooms and 2 full baths, with a spacious primary bedroom offering its own private porch overlooking the lake. A large screened in porch provides the perfect setting to relax, entertain, and enjoy breathtaking lakefront surroundings. Currently operated as a successful Airbnb, the home rents for approximately $3,000 per week during peak months. 7 Lotus Bay is a charming 2 bedroom, 1 bath cottage featuring its own screened in porch facing the lake. Also operated as a short term rental, the cottage generates approximately $2000 per week during the peak rental season from Memorial Day through Labor Day. Together, the two residences provide an exceptional combination of privacy, waterfront, rental income, and versatility. Enjoy the property as a family compound or private retreat, continue the established short term rental operation, or create a one of a kind Lake Erie estate. The property also includes deeded beach access, providing an additional way to enjoy the lake. A rare opportunity to own a substantial and secluded stretch of Lake Erie waterfront with multiple residences and proven seasonal rental demand. Can be sold together with adjacent vacant land parcel MLS B1705734, APN: 142889--041-000
Broker Details
Keller Williams Realty Lancaster (585) 303-7450
MLS ID: CAMPOFEK State License Number: 10401383040
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,325,000 |
| No. of Units: | 2 |
| Year Built: | 1910 |
| Lot Size: | 2,520.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $662,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 5 |
| Number of Bathrooms: | 3 |
ID: 3yd-BNARNY-B1709418
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