206 Hilltop Avenue
Michigan City, INIncredible and rare Income-Producing Sheridan Beach vacation rental. Fully stabilized, this beautiful, high-demand LAKE VIEW property produces 85,000 in documented gross rental income on a rolling 12 months as of May 2026 with opportunity to earn even more with more available dates. Many bookings already for 2026. All the hard work is done so you can walk into this Turn-Key high-performing vacation rental with PROVEN income-producing history during peak and non-peak seasons. The home itself is a custom-built gem perched high on top of a dune, offering panoramic views of Lake Michigan, Washington Park, and Chicago. Renters love the open concept, generous parking including 2.5 car garage, fully-stocked kitchen with newer stainless steel appliances, and full bathrooms in each bedroom. Built for utility and enjoyment, this property delivers a memorable experience. Other features include generous outdoors space and close access to community staircase that makes a short five minute walk to the beach and short trip to two local restaurants, Blue Chip Casino, and Downtown Michigan City. New Roof in 2025 and new furnace with whole house humidifiers and Ecobee thermostats in 2026. Property has been personally managed with professional cleaning to establish glowing online reputation with many positive reviews. Owner will assist purchaser with transition during upcoming rental season to owner's online rental platforms and cleaners. All furnishings and decor included except for two cabinets. Generate great passive income and own a property with unique features that you can enjoy as well!
Active
- Price
- $ 965,000
- City
- Michigan City
- Bedrooms
- 4
- Full Bathrooms
- 5
- County
- LA PORTE
- Half Bathrooms
- 0
- Area
- Michigan City
- Lot Size
- 0.1178 Acres
- Zip
- 46360
- Sqr Footage
- 2,856
- Year Built
- 2002
- Taxes
- $ 3909
- Style
- Single Family Residence
- MLS#
- 835168
Features
General
Interior Features
Exterior Features
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Affordability Calculator
$3,786
Per MonthBased on the average sale price from the Crown Point, IN office
- Monthly Principal & interest $2,658
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
Schools
Price History
Property vs Zip Code Average in 46360
Areas That We Cover
- Beverly Shores
- Burns Harbor
- Cedar Lake
- Chesterton
- Crown Point
- DeMotte
- Dune Acres
- Dyer
- East Chicago
- Gary
- Griffith
- Hammond
- Hebron
- Highland
- Hobart
- Knox
- Kouts
- LaPorte
- Lake Station
- Lake Village
- Lowell
- Merrillville
- Michigan City
- Munster
- New Chicago
- North Judson
- Ogden Dunes
- Portage
- Porter
- Rensselaer
- Schererville
- St. John
- Valparaiso
- Westville
- Wheatfield
- Wheeler
- Whiting
206 Hilltop Avenue Michigan City, IN is a Single Family Home for sale at $965000 with 2856 sqft and a lot size of 0.1178 Acres Acre(s). 206 Hilltop Avenue Michigan City has 4 bedrooms, 5 baths and was built in 2002. The property's zip code is 46360 which is in Michigan City, IN
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Maggie Lawson
219-244-2118
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