Discover a unique waterfront opportunity offering flexibility for personal use and rental income. This property includes a furnished main home and a separate furnished cottage, creating the potential to live on-site while generating income from the cottage, or explore other allowable uses subject to local regulations.The waterfront cottage currently has future reservations in place for 2026, which may be transferred to the new owner, providing immediate income potential. The cottage generated approximately $32,000 in gross rental income in 2025.The approximately 1,700 sq ft furnished main home offers a spacious kitchen, five bedrooms, 1.5 bathrooms, and an attached garage featuring a heated-floor workshop area currently used for storage. The home presents an opportunity for updates and general maintenance to suit a buyer's vision.The approximately 780 sq ft furnished waterfront cottage includes four bedrooms, one full bathroom, and a well-equipped kitchen with a gas stove, microwave, and full-size refrigerator. A dining area seats up to eight, and cookware, utensils, bedding, bath towels, and beach towels are included. Additional features include heat, window A/C units, and shared private beach frontage on Long Lake for both dwellings. Long Lake is a 136-acre, all-season, all-sports lake located approximately 20 miles from downtown Ludington and 15 miles from Baldwin. Both dwellings are being sold furnished and AS-IS. Buyer and Buyer's Agent to verify all information, including but not limited to square footage, bedroom use, zoning, rental restrictions, income potential, and transferability of future bookings.