206 Hilltop Avenue, Michigan City, IN 46360
Lakeview Park Add · La Porte County
Key Facts
Description
Incredible 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!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
2002
Living Area
2,856 sq ft
Lot Size
0.12 acres
Garage Spaces
2.5
Days on Market
90
MLS® Listing#
835168
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Fireplace
Basement
Parking
Laundry
Lot Features
Construction
Roof
Security
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$3,909
Tax year 2024
Parcel Number
460121312008000022
Directions
Kruger to Washington Park Blvd, left on Hilltop, property on left at top of hill.
Affordability Calculator
$193,000
Estimated monthly payment
$5,136/mo
Principal $772,000 · Est. interest $1,077,009 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Michigan City, IN
- $282,143
- Median Listing Price
- 53
- Median Days on Market
- 1,845
- Median Sq Ft
- $160
- Median Price / Sq Ft
- 148
- Active Listings
- This home’s price is 242% above the area median.
- Its price per sq ft is 111% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Michigan City, IN.
Location
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Points of Interest in Michigan City, IN
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3309 Springland Avenue, Michigan City, IN | $695,000 | 8 | 8 | 5,757 |
| 11011 W 100 N, Michigan City, IN | $750,000 | 3 | 2 | 3,640 |
| 5201 S 325 E, Star City, IN | $799,999 | 4 | 5 | 6,825 |
| 119 Blaine Street, Michigan City, IN | $825,000 | 4 | 3 | 2,922 |
| 110 Arndt Street, Michigan City, IN | $849,000 | 5 | 4 | 2,019 |
| 110 Arndt Street, Michigan City, IN | $849,000 | 3 | 2 | 2,490 |
Moving Cost Estimate
EXIT Agents in Michigan City
Listing Courtesy: Coldwell Banker Market Connect - 7086944039
Presented by: Justin Berggren
Last Updated: 2026-03-05