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 9 reservation requests 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. Repairs and updates are needed; functionality of certain components have not been verified - buyer to investigate. The approximately 780 sq ft furnished waterfront cottage includes 4 bedrooms, 1 full bathroom, and a well-equipped kitchen with 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.