Picturesque Completely Renovated Cape Cod with Houghton Lake Views, Guest Cottage & Garage with Loft! GREAT AIRBNB/VRBO INVESTMENT OPPORTUNITY ALL YEAR-NO HOA OR CITY RESTRICTIONS! Beautifully renovated like-new property offering 2 separate houses, 5 bed/3 bath-ideal as a vacation home, family retreat, year-round residence, or short-term rental. Rent one house or both for maximum flexibility and income potential. No HOA. MAIN HOUSE: 4 bed/2 bath with central Heat/AC, completely renovated while preserving period charm. Updates include ceilings/walls/floors, new plumbing, new electric (200A), high-efficiency ducted heat pump, all new, larger energy-efficient windows, insulation, and fully renovated kitchen/baths. Finished walk-out basement with huge windows adds sleeping/living space with shaded patio and easy lake access/views. GUEST COTTAGE: Separate renovated 1 bed/bath tiny-house style cottage with deck, kitchenette and Heat/AC. Perfect for guests, extended family, vacation rental or private business office. OUTDOORS & EXTRAS: Large yard with room for boats and toys, private backyard, fire pit and spacious decks/patio with stunning lake views. Storage shed. Detached 2-car garage with loft, huge new window, beautiful lake views and 50A electric-perfect game room or potential added living space. PRIME LOCATION: Quiet hilltop setting with amazing views from north-facing windows/decks. Only two houses from lake access, with no flooding risk, and two houses north of M-55 with no street noise. Lake loading/kayaking is only 200 feet away. Within ‚ ½ mile of DNR Boat Launch, Golfing, Tip-Up Town, Library and Movie Theater. Less than 1 mile to power toy rentals, groceries, restaurants/bars, boating, fishing and Houghton Lake recreation. A rare, picturesque, flexible property with 2 separate houses, 5 bed/3 bath, fully updated, walk-out basement, garage with loft/lake views. Strong rental potential-no HOA or city restrictions for Airbnb/VRBO.