241 OAK $2,750,000
- 27 Beds
- 22 Baths
- 7,978 sq. ft.
- Single-Family
- MLS# 60201894
Listing provided courtesy of: Sohi Realty LLC - 248-931-7694
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Property Details
The Victoria Resort Bed & Breakfast, positioned near Lake Michigan, offers 10 B&B rooms, 7 unique cottages, and Family & Master suites inside of the Resort House. #1 Five Star Property on both Google and Trip Advisor for five consecutive years in South Haven, while also being the only B&B open 12 months of the year. The Victoria Resort Bed & Breakfast has had tremendous growth in terms of performance metrics when analyzing data from 2019 to 2022. One would assume that Occupancy and RevPAR would have had a major impact from the COVID-19 Pandemic, but on the contrary this Property had little to no impact, showing relatively consistent Occupancy and ADR that aligned with prior year performance. Proving that this property is resilient in even the most unprecedented market conditions. As the B&B attracts a broadly diverse set of guests it has shown to outperform the submarket in metrics such as ADR and RevPAR.
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General Features
- Bedrooms 27
- Structure Style 2 Story
- Acreage 2.66
- Area Municipality South Haven (80033)
- Association Fee Y/N No
- County Van Buren
- Originating MLS RealComp
- Ownership Private
- Subdivision NAPIERS AMENDED ADD
- Total SqFt Finished 7978
- Waterfront Y/N No
- Year Built 1927
-
Building Features
- Architecture Style Traditional
- Bedroom 1 Level Entry
- Basement Type Unfinished
- Exterior Construction Aluminum, Brick, Other
- Exterior Features Inground Pool
- Garage Type Attached Garage
- Foundation Type Basement
- Heating System Forced Air, Radiant
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Property Features
- Lot Size 419x329x288x353
- Roads Paved Street
- Sewer Septic Public Sanitary
- Water Public Water
-
Schools
- School District South Haven Public Schools
Contact
Neighborhood
49090 (South Haven) Demographics
52 Median Age
173 Population Density (per sq. mile)
37% College Educated
$48,732 Estimated Median Income
4,536 Estimated Total Home Owners
1,627 Estimated Total Renters
74% / 26% Estimated Owner / Renter Divide
2 Estimated Average Household Size
14,001 Total Population
Community data courtesy of LiveBy, Inc.
Market Last 30 Days In This Postal Code
$400,000
Median Sales Price
41
Homes Sold
34
New On Market
Average Days on Site
Properties for Sale
Calculations provided by Reliance Network
Property History
| Date | Price |
|---|---|
| -- | New Value: $2,750,000 |
| 4/4/2023 7:22:00 PM | New Value: $2,750,000 |
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* This payment calculator is intended for educational and planning purposes only.
** Assumes 7.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
** Assumes 7.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.