MLS # 26021446 (Michigan Regional Information Center (MichRIC))

This is the magical vintage cottage we all remember going to for the summer as a child, or wished we had after watching that Lifetime movie. This cottage really is placed in the most beautiful place of Magician Lake. With 50 feet of lake frontage and 160 feet of the channel, you can imagine the views! This 1900's nostalgic cottage is turnkey. New well, roof, water heater and siding in 2023. As well as new in 2024 a fab awning off the attached deck. 60 feet of decking is included, ready to go in. This property is land leased from Polk Properties. Land lease in documents. 12K per year on a 15 year revolving land lease. Septic assessment billed quarterly.
Source: SparkMLS
2-bedroom, 1-bath, 892 sq ft home in Dowagiac built in 1900.
Asking $199,000 (about $223/sq ft).
Annual property taxes run approximately $1,672 ($139/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Indiana Michigan Power Company; natural gas by SEMCO Energy Gas Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
This nostalgic cabin on Magician Lake is on leased land Polk properties calling your family to make summer memories better than a photo. Placed perfectly in the cusp of the channel and lake front corner and including 50 feet of lake frontage. Includes 60 foot dock for your boat or summer toys. 15 year land lease $12K yearly, quarterly septic and personal real property taxes. See legal.
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Gina Johnston-Small
WRE Sales LLC
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Indiana Michigan Power Company
Investor-Owned
SEMCO Energy Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
50479 Delling Drive, Dowagiac, MI 49047
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