For Sale
1596 Douglas Drive, Tawas City, MI 48763
$465,000
MLS # 50207204 (MiRealSource)
3 beds2 bathsBuilt 19670.6 acres
1 / 33
Listing Description
Located directly across the street from Lake Huron and just minutes from Tawas City, this fully furnished income producing property offers 3 bedrooms, 2 full baths, and a sunroom currently used as a 4th bedroom with approximately 2,544 square feet of living space. Currently operating as a successful short term rental, the property generated $57,941 in Airbnb and VRBO rental income in 2025. Upcoming income is already $30,000 for 2026 and growing daily. Turnkey and ready to continue as a vacation rental, investment property, or personal getaway, the home features an indoor swimming pool, hot tub, game room, spacious gathering areas, an attached 2 car garage, and an additional detached garage/workshop. Enjoy nearby sandy beaches, marinas, boating, fishing, shopping, dining, and everything Michigan’s beautiful Sunrise Side lifestyle has to offer.
Source: SparkMLS
About this home
This 3-bedroom, 2-bath home built in 1967 sits in Tawas City.
Asking $465,000.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Lot Size0.6 acres
Year Built1967
Location
CityTawas City
MunicipalityAlabaster Twp
Zip Code48763
CountyIosco
School DistrictTawas
Construction & Systems
ConstructionAluminum Siding, Brick, Vinyl Siding
BasementCrawl Space
Garage2 spaces
HeatingWall Furnace
SewerSeptic Tank
Sale & Financing
Listed5/11/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Ryan Sagady
Bay Realty Michigan
Frequently Asked Questions about 1596 Douglas Drive, Tawas City, MI 48763
Which school district serves 1596 Douglas Drive, Tawas City, MI 48763?
Per MLS# 50207204, 1596 Douglas Drive, Tawas City, MI 48763 is in the Tawas boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Tawas directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 50207204, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 1596 Douglas Drive, Tawas City, MI 48763 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 1596 Douglas Drive, Tawas City, MI 48763 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 1596 Douglas Drive, Tawas City, MI 48763?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Sewer: Septic Tank. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Alabaster Twp police department or the Iosco County sheriff's office.
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Monthly payment$3,016
Principal & interest$3,016
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1596 Douglas Drive, Tawas City, MI 48763
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