Amazing opportunity to own a spacious home on an oversized downtown Elk Rapids lot for under $300,000. This 4-bedroom, 2-bathroom, 1,700+ square foot fixer-upper is already in livable condition and offers incredible equity potential with a little TLC. The open-concept main floor features a primary suite with a beautifully remodeled bathroom. Many major updates were completed in 2021, including the roof, furnace, water heater, electrical panel, in addition to new gutters in 2024. The kitchen opens to a large back deck overlooking a peaceful, private backyard that's perfect for relaxing or entertaining. Ideally located just a half mile from Elk Lake public access, a quarter mile from Bass Lake public access, and only a mile from Elk Rapids' pristine Lake Michigan beaches, this home is a water lover's dream. The property also includes an oversized one-car garage and a welcoming front porch, perfect for morning coffee. Don't miss this rare opportunity to own an affordable home in one of Northern Michigan's most sought-after communities.