5495 N Karley Court
Luther, MI 49656
- 4 beds
- 2 baths
- 783 sqft
- 13,939 sqft lot
- $191 per sqft
- 1992 build
- – on site
Turnkey 3-Unit Riverfront Retreat in Luther, MI - Former Airbnb Gem! Tucked away on the peaceful banks of the Pine River, this fully furnished 3-unit property offers the perfect blend of rustic charm and modern convenience. With plenty of beds across all units, it's ideal for group getaways, retreats, or continued use as a successful Airbnb rental. Enjoy the ultimate up north experience with direct river access for fishing, a private, wooded setting, and your own on-site sauna—perfect for relaxing after a day outdoors. Each unit is thoughtfully equipped and move-in ready, providing a seamless transition whether you're planning to host guests or keep it all to yourself. A rare find with privacy, comfort, and income potential all wrapped into one riverside package this Luther hideaway is ready for its next chapter.
Last checked:
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Last updated Apr 28, 2025
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MLS# 25017902 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1992
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New Construction:false
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Construction Materials:Vinyl Siding, Wood Siding
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Architectural Style:Ranch
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Foundation Details:None
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Building Features:None
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Accessibility Features:No
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Direction Faces:None
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Roof:Composition
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Stories:1
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Basement:No
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Basement:Crawl Space, Slab
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Basement:No
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Common Walls:None
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Building Area Total:783.0
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Exterior Material -Vinyl Siding:true
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Exterior Material -Wood Siding:true
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Roofing -Composition:true
Interior
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Rooms Total:4
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Fireplace:false
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Furnished:None
Room Dimensions
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Living Area:783.0
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Main Level SqFt:783.0
Financial & Terms
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Ownership:Private Owned
Location
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Directions:N Raymond Rd to E 4 1/2 Mile, West to N Hawkins Rd, North to N Karley Ct, North to address.
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Cross Street:N Raymond & E 4 1/2 Mile Rd
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Latitude:44.066494
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Longitude:-85.59967
The Property
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Parcel Number:08-350-015-51
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:No
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Lot Features:Wooded
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Lot Size SqFt:13939.0
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Lot Size Acres:0.32
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Lot Size Area:0.32
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Lot Size Units:Acres
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Topography:None
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Waterfront:true
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View:None
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View:No
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Inclusions:None
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Zoning:None
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Zoning Description:Residential
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Current Use:None
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Possible Use:None
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Frontage Type:None
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Water Body Name:Pine River
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Waterfront:Yes
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Waterfront Features:River
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Road Frontage:80.0
Listing Agent
- Contact info:
- Agent phone:
- (616) 965-5789
- Office phone:
- (616) 719-1022
Taxes
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Tax Year:2023
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Tax Year:2023.0
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Tax Legal Description:PART OF LOT 15 DES AS BEG AT THE NW COR OF LOT 16, SW'LY ALG BK OF PINE RIV 70' SE'LY TO A POINT MIDWAY BETWEEN THE SW COR OF LOT 16 & NE COR OF LOT 14, NE'LY TO THE SW COR OF LOT 16, NW TO P O B AND LOT 16 PINE RIVER VALLEY
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Tax Annual Amount:1567.45
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Tax Assessed Value:29534
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Taxable Value:29534.0
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Annual Property Taxes:1567.45
Beds
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Bedrooms Total:4
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Main Bedrooms:4
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Main Level Bedrooms:4
Baths
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Total Baths:2
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Total Baths:2.0
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Partial Baths:None
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Full Baths:2
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Full Baths:2
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Three Quarter Baths:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
Heating & Cooling
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Cooling:No
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Heating:true
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Heating:Forced Air
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Heat Type -Forced Air:true
Utilities
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Sewer:Septic Tank
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Sewer/Septic System:true
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Water Source:Well
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Well:true
Appliances
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Appliances:Microwave, Range, Refrigerator
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Refrigerator:true
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Range:true
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Microwave:true
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Laundry Features:None
Schools
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Elementary School District:None
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Middle Or Junior School District:None
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High School District:Pine River
The Community
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Senior Community:No
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Pool Private:No
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Association:No
Parking
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Garage:false
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Attached Garage:No
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Carport Spaces:None
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Parking Total:None
Monthly cost estimate

Asking price
$150,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$803
|
Taxes | $130 |
Insurance | $41 |
Utilities | $134 See report |
Total | $1,108/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.