Real Estate Investment Properties for Sale in Bear Lake, MI

Looking for investment property in Bear Lake, MI with high ROI ?

Explore a variety of short-term homes & houses in Bear Lake, MI. Invest wisely with VRBO & Bear Lake, MI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Bear Lake, MI

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
11775 Golfview Drive Bear Lake, MI Custom-designed cedar home on over 7.5 acres with 600â of frontage along the 5th hole at...	3 beds \| 4 baths \| 3,732 sq.ft.	$815,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 2.6% Airbnb Rental Income: $1926 Traditional Rental Income: $3297 Airbnb ROI: 0.12% Traditional ROI: 2.6%
5859 Potter Road Bear Lake, MI SO MUCH HOME FOR THE MONEY! Priced to reflect 2024 appraisal. This newer custom ranch home...	4 beds \| 4 baths \| 7,374 sq.ft.	$1,450,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.87% Airbnb Rental Income: $null Traditional Rental Income: $4704 Airbnb ROI: N/A Traditional ROI: 1.87%
12165 Tenth Street Bear Lake, MI This premier Bear Lake barndominium has never been lived in and is waiting for you! Built ...	2 beds \| N/A baths \| 1,108 sq.ft.	$549,900	Airbnb cash on cash: 1.2% Traditional cash on cash: 1.57% Airbnb Rental Income: $2405 Traditional Rental Income: $2006 Airbnb ROI: 1.2% Traditional ROI: 1.57%
8110 Ames Road Bear Lake, MI Welcome to this stunningly remodeled farmhouse, where historic charm and modern sophistica...	3 beds \| 2 baths \| 1,905 sq.ft.	$749,900	Airbnb cash on cash: 0.35% Traditional cash on cash: 1.57% Airbnb Rental Income: $1926 Traditional Rental Income: $2272 Airbnb ROI: 0.35% Traditional ROI: 1.57%
7809 Potter Road Bear Lake, MI Back on market at no fault of the home or Seller's. Discover comfort and convenience in th...	4 beds \| 2 baths \| 1,603 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.79% Airbnb Rental Income: $null Traditional Rental Income: $2308 Airbnb ROI: N/A Traditional ROI: 7.79%
11713 Linderman Road Bear Lake, MI Perched on a quiet hilltop with sweeping views of Bear Lake and the rolling countryside, t...	4 beds \| 4 baths \| 3,276 sq.ft.	$593,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.07% Airbnb Rental Income: $null Traditional Rental Income: $4424 Airbnb ROI: N/A Traditional ROI: 6.07%
7423 Bair Avenue Bear Lake, MI Premier location on Bear Lake, situated on Bair Ave in the neighborhood of multi-million d...	2 beds \| 1 baths \| 1,100 sq.ft.	$995,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 0.26% Airbnb Rental Income: $2405 Traditional Rental Income: $1722 Airbnb ROI: 0.36% Traditional ROI: 0.26%
10653 Milarch Road Bear Lake, MI This handcrafted chalet-style retreat is nestled on 5.5 acres of rolling, wooded landscape...	2 beds \| 2 baths \| 1,808 sq.ft.	$550,000	Airbnb cash on cash: 1.24% Traditional cash on cash: 2.3% Airbnb Rental Income: $2405 Traditional Rental Income: $2356 Airbnb ROI: 1.24% Traditional ROI: 2.3%
9234 GLOVERS LAKE ROAD Bear Lake, MI Welcome to your charming farmhouse oasis located at 9234 Glovers Lake Road in Bear Lake. T...	3 beds \| 3 baths \| 1,630 sq.ft.	$214,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.56% Airbnb Rental Income: $null Traditional Rental Income: $2374 Airbnb ROI: N/A Traditional ROI: 9.56%
9234 GLOVERS LAKE ROAD ROAD Bear Lake, MI	4 beds \| 3 baths \| 1,630 sq.ft.	$214,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.15% Airbnb Rental Income: $null Traditional Rental Income: $2494 Airbnb ROI: N/A Traditional ROI: 10.15%
8367 Lake Street Bear Lake, MI Up North living in a great Bear Lake Cottage. Gently used & lovingly lived in 3 Bedroom/ 2...	3 beds \| 2 baths \| 1,200 sq.ft.	$449,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 3.45% Airbnb Rental Income: $1926 Traditional Rental Income: $2150 Airbnb ROI: 1.7% Traditional ROI: 3.45%
8399 Lake Street Bear Lake, MI Charming Cottage with Bear Lake Views - A Hidden Gem Awaiting Revival. Nestled on a spacio...	2 beds \| 1 baths \| 700 sq.ft.	$199,000	Airbnb cash on cash: 7.31% Traditional cash on cash: 4.39% Airbnb Rental Income: $2405 Traditional Rental Income: $1263 Airbnb ROI: 7.31% Traditional ROI: 4.39%
12220 Maple Street Bear Lake, MI NEW PRICE on this move-in ready immaculate home in the Village of Bear Lake. Only 2 blocks...	2 beds \| N/A baths \| 1,615 sq.ft.	$214,900	Airbnb cash on cash: 6.69% Traditional cash on cash: 8.53% Airbnb Rental Income: $2405 Traditional Rental Income: $2191 Airbnb ROI: 6.69% Traditional ROI: 8.53%
12941 Hopkins Forest Drive Bear Lake, MI Vintage Cottage on 75' of private water front on Bear Lake, Manistee County. Enjoy the 18...	2 beds \| 2 baths \| 1,024 sq.ft.	$495,000	Airbnb cash on cash: 2.02% Traditional cash on cash: 2.12% Airbnb Rental Income: $2405 Traditional Rental Income: $1859 Airbnb ROI: 2.02% Traditional ROI: 2.12%
10231 Milarch Road Bear Lake, MI Enjoy country living on 4.5 acres in beautiful Manistee County with this well-maintained t...	3 beds \| 2 baths \| 1,248 sq.ft.	$275,000	Airbnb cash on cash: 3.5% Traditional cash on cash: 5.63% Airbnb Rental Income: $1926 Traditional Rental Income: $1969 Airbnb ROI: 3.5% Traditional ROI: 5.63%
2892 High Street Bear Lake, MI Here is your northern getaway!! This extraordinary property is currently used as a vacatio...	4 beds \| 2 baths \| 1,291 sq.ft.	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.64% Airbnb Rental Income: $null Traditional Rental Income: $1794 Airbnb ROI: N/A Traditional ROI: 2.64%
11050 Thirteen Mile Road Bear Lake, MI *Legend has it that All things Magical are merely Dreams. Untold hopes, a fleeting wish~ t...	4 beds \| N/A baths \| 3,159 sq.ft.	$989,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.71% Airbnb Rental Income: $null Traditional Rental Income: $4029 Airbnb ROI: N/A Traditional ROI: 2.71%
6325 Big Bay Road Bear Lake, MI Priced well below appraised value. WOW-- MOTIVATED SELLERS! Location! Location! Location! ...	3 beds \| 2 baths \| 2,654 sq.ft.	$699,999	Airbnb cash on cash: 0.63% Traditional cash on cash: 2.98% Airbnb Rental Income: $1926 Traditional Rental Income: $2951 Airbnb ROI: 0.63% Traditional ROI: 2.98%

Real Estate investment in Bear-lake, MI

There are 18 properties for sale in the city of Bear Lake . The median list price in Bear Lake is $522,450 and the average price per square foot is $247. In October 2025, the average monthly cash on cash return in Bear Lake is 3.00%. The average monthly rental income in Bear Lake is $2,272.

Bear-lake, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 18 investment properties available for sale in Bear-lake.

In 2025, the best neighborhood to buy investment property is Bear Lake.

The ROI for Long-Term is higher than the Short-Term in Bear-lake with average rental income of $2,272.

Your search for investment property begins and ends here

Investment Property for Sale in Bear Lake, MI

11775 Golfview Drive

Bear Lake, MI

3 beds | 4 baths | 3,732 sq.ft.

$815,000

Airbnb cash on cash: 0.12%

Traditional cash on cash: 2.6%

Airbnb Rental Income: $1926

Traditional Rental Income: $3297

Airbnb ROI: 0.12%

Traditional ROI: 2.6%

5859 Potter Road

Bear Lake, MI

4 beds | 4 baths | 7,374 sq.ft.

$1,450,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.87%

Airbnb Rental Income: $null

Traditional Rental Income: $4704

Airbnb ROI: N/A

Traditional ROI: 1.87%

12165 Tenth Street

Bear Lake, MI

2 beds | N/A baths | 1,108 sq.ft.

$549,900

Airbnb cash on cash: 1.2%

Traditional cash on cash: 1.57%

Airbnb Rental Income: $2405

Traditional Rental Income: $2006

Airbnb ROI: 1.2%

Traditional ROI: 1.57%

8110 Ames Road

Bear Lake, MI

3 beds | 2 baths | 1,905 sq.ft.

$749,900

Airbnb cash on cash: 0.35%

Traditional cash on cash: 1.57%

Airbnb Rental Income: $1926

Traditional Rental Income: $2272

Airbnb ROI: 0.35%

Traditional ROI: 1.57%

7809 Potter Road

Bear Lake, MI

4 beds | 2 baths | 1,603 sq.ft.

$250,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.79%

Airbnb Rental Income: $null

Traditional Rental Income: $2308

Airbnb ROI: N/A

Traditional ROI: 7.79%

11713 Linderman Road

Bear Lake, MI

4 beds | 4 baths | 3,276 sq.ft.

$593,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.07%

Airbnb Rental Income: $null

Traditional Rental Income: $4424

Airbnb ROI: N/A

Traditional ROI: 6.07%

7423 Bair Avenue

Bear Lake, MI

2 beds | 1 baths | 1,100 sq.ft.

$995,000

Airbnb cash on cash: 0.36%

Traditional cash on cash: 0.26%

Airbnb Rental Income: $2405

Traditional Rental Income: $1722

Airbnb ROI: 0.36%

Traditional ROI: 0.26%

10653 Milarch Road

Bear Lake, MI

2 beds | 2 baths | 1,808 sq.ft.

$550,000

Airbnb cash on cash: 1.24%

Traditional cash on cash: 2.3%

Airbnb Rental Income: $2405

Traditional Rental Income: $2356

Airbnb ROI: 1.24%