21492 Milligan Highway, Onaway, MI 49765
Local realty services provided by:ERA Greater North Properties
21492 Milligan Highway,Onaway, MI 49765
$250,000
- 5 Beds
- 2 Baths
- 2,322 sq. ft.
- Single family
- Active
Listed by: trisha taylor
Office: state wide real estate rogers city
MLS#:201842203
Source:MI_WWBR
Price summary
- Price:$250,000
- Price per sq. ft.:$107.67
About this home
TURN KEY SHORT-TERM RENTAL INVESTMENT OPPORTUNITY! Own an established Northern Michigan vacation rental and enjoy your own Up North retreat. This 5-bedroom, 2-bath, 2,322 sq. ft. single-level home sleeps up to 11 guests and appeals to hunters, anglers, ORV and snowmobile riders, and outdoor enthusiasts. Bordering thousands of acres of state land, enjoy outstanding access to hunting, trails, hiking, and wildlife. Black River access at Milligan Bridge is just a few hundred feet down the road, with ORV and snowmobile trails nearby. 1 GB fiber internet, ample truck/trailer parking, and an RV hookup add to the property's strong four-season rental appeal. Much of the groundwork has already been done for the next owner. This property has an established short-term rental history, direct-booking website, strong guest reviews, and presence on major vacation-rental platforms. Revenue generated since July 2025, combined with current reservations booked through the end of 2026, totals approximately $28,000. Current reservations may be transferable to a buyer wishing to continue the rental operation.
Adding to its turnkey potential, the home can be sold completely furnished, including consumable supplies, allowing a new owner to continue operating with many of the items needed for guest stays already in place.
Major systems and components have been updated within approximately the last six years. Mechanical improvements include a new 190-foot well system and baseboard heating boiler. Exterior improvements include new vinyl siding, energy-efficient windows, and exterior doors. Inside, the home features durable, scratch-resistant luxury laminate plank flooring throughout, particularly well suited for the demands of a high-turnover vacation rental. The home also features all-new appliances and updated bathrooms with new plumbing.
A working wood-burning fireplace adds to the Up North atmosphere, especially during fall and winter stays.
Designed with group stays in mind, the home sleeps up to 11 guests and offers five bedrooms, two full baths, generous gathering spaces, a spacious kitchen, and laundry--all conveniently located on one level. The single-level design provides easy movement throughout the home and works well for hunting parties, fishing trips, ORV and snowmobile groups, and recreational getaways.
One of the property's standout features is its large parking area with room for multiple full-size trucks and 20+ ft. trailers, an important advantage for guests traveling with ORVs, snowmobiles, boats, and other recreational equipment.
The property also includes an RV hookup with water, septic, and electrical connections, providing the potential for separate rental revenue in addition to the home's short-term rental operation.
Bordering thousands of acres of state land, guests can enjoy hunting, hiking, trail riding, wildlife viewing, and miles of Northern Michigan wilderness. Black River access at Milligan Bridge is just a few hundred feet down the road, providing convenient access for fishing, paddling, and floating. Nearby ORV and snowmobile trails further add to the property's recreational draw.
The location provides genuine four-season rental appeal--summer fishing, paddling, and trail riding; fall hunting and color tours; winter snowmobiling and cozy evenings around the wood fireplace; and spring fishing and ORV riding.
Despite its peaceful Up North setting, guests don't have to sacrifice connectivity. 1 GB fiber-optic internet provides the speed needed for streaming, remote work, and today's connected travelers.
Whether you're searching for an income-producing vacation rental, hunting lodge, recreational basecamp, personal retreat, or a combination of personal use and rental income, this property offers an established operation with substantial updates already completed.
Turnkey. Furnished. Updated. Income-producing. Four-season Northern Michigan recreation at your doorstep....
Contact an agent
Home facts
- Subdivision & Development:T33N R2E
- Listing ID #:201842203
- Added:4 day(s) ago
- Updated:August 19, 2026 at 04:43 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Living area:2,322 sq. ft.
Heating and cooling
- Heating:Heating, Hot Water, Propane
Structure and exterior
- Building area:2,322 sq. ft.
- Lot area:0.73 Acres
- Exterior Features:Shed
Finances and disclosures
- Price:$250,000
- Price per sq. ft.:$107.67
Features and amenities
- Amenities:Curtain Rods, Drapes
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