Houghton Lake Homes under $150,000

Houghton Lake Homes under $150,000

Welcome to Houghton Lake, Michigan – a picturesque community that offers the perfect blend of small-town charm and modern conveniences. Nestled around the largest inland lake in Michigan, Houghton Lake is not just a haven for outdoor enthusiasts but also a wonderful place for families to call home. One of the standout features of this area is its highly regarded school district, which is dedicated to providing a quality education that prepares students for success. Houghton Lake Community Schools focuses on fostering a nurturing environment, with dedicated teachers and a variety of extracurricular activities that engage students and encourage personal growth.

For those searching for affordable housing options, Houghton Lake presents a fantastic opportunity with homes available under $150,000. This makes it an ideal choice for first-time homebuyers, families, or even retirees looking to downsize without compromising on quality of life. The real estate market here offers a diverse range of properties, from cozy single-family homes to charming cottages, all surrounded by the natural beauty that Michigan is known for.

Imagine waking up to the serene sounds of nature and enjoying weekend adventures on the lake, all while being part of a supportive community that values education and family. With a low cost of living and a welcoming atmosphere, Houghton Lake is not just a place to live; it’s a place to thrive. Explore the possibilities in this enchanting area and discover your dream home today!

Newest Houghton Lake Homes under $150,000

230 Maplewood Drive, Roscommon
$114,900
2 Beds ⋅ 2 Baths ⋅ 26053429 MLS ⋅ ACTIVE Status
This two-bedroom, 1.5-bath manufactured home sits on nearly 3/4 acre in Roscommon, offering 766 square feet of living space with a 18' x 20' single-car garage and 20' x 20' steel structure barn. The generous lot provides room for outdoor activities, while the efficient floor plan makes the most of every square foot! Well-positioned for those seeking an affordable entry into homeownership with genuine land value beneath it. Furnace, kitchen appliances and water heater are 3 years old, remodeled full bath, windows and roof are roughly 10 years old.

230 Maplewood Drive, Roscommon
12352 E Houghton Lake Drive, Houghton Lake
$94,500
2 Beds ⋅ 1 Baths ⋅ 26052872 MLS ⋅ ACTIVE Status

12352 E Houghton Lake Drive, Houghton Lake
304 Magellan Avenue, Houghton Lake
$69,000
3 Beds ⋅ 1 Baths ⋅ 26049043 MLS ⋅ ACTIVE Status
This 3-bedroom, 1-bath manufactured home in Houghton Lake offers solid ownership value on a generous lot. The home is 924 square feet, which provides efficient, manageable accommodations, while the 2-car garage delivers practical storage and protection for vehicles. The expansive lot size presents flexibility for outdoor use and potential future improvements. The home is in need of renovations, allowing the next owner to earn sweat equity. A straightforward property choice for those seeking affordable homeownership in the Houghton Lake area.

304 Magellan Avenue, Houghton Lake
6280 Muma Road, Gladwin
$149,900
3 Beds ⋅ 1 Baths ⋅ 50217258 MLS ⋅ ACTIVE Status
Let's make an appointment to see this cozy 3-bedroom, 1-bath home on over 5 acres. Property is on a dead-end road which makes it very quiet. Enjoy the peaceful setting with plenty of room to spread out. The home features a walk-out basement off of the sunroom, and several outbuildings for storage and hobbies. A great opportunity for anyone looking for country living with privacy and space. All offers must be submitted at www.vrmproperties.com. Agents must register as a User, enter the property address, and click on "Start Offer". This property may qualify for Seller Financing (Vendee). If property was built prior to 1978, Lead Based Paint Potentially Exists.

6280 Muma Road, Gladwin
5931 W Houghton Lake Road, Houghton Lake
$92,500
1 Beds ⋅ 1 Baths ⋅ 50216465 MLS ⋅ ACTIVE Status
Affordable Houghton Lake living with room to add your own finishing touches! This charming 840-square-foot, one-bedroom, one-bath home sits on a corner lot along W. Houghton Lake Road, conveniently close to Houghton Lake public access, dining, shopping, schools, medical services, and year-round recreation. Inside, you’ll find beautiful hardwood floors, tall ceilings, ceiling fans, abundant natural light, a spacious 13-by-15-foot living room, an 11-by-15-foot kitchen, and convenient main-floor laundry. The kitchen includes a refrigerator, range/oven, and microwave, while the owned water softener adds another practical benefit. Additional features include natural-gas forced-air heat, a Michigan basement with an exterior entrance, public sanitary sewer, a private well, reverse osmosis, and a detached one-car garage. Covered porch space and classic architectural details give this home plenty of character. With some thoughtful updates and personal touches, the property could make an appealing full-time residence, affordable Up North getaway, or potential long- or short-term rental opportunity. Investors will appreciate the manageable footprint, central location, and access to the lake-centered attractions that bring visitors to the Houghton Lake area throughout the year. Whether you are looking for an economical home, a recreational base near Michigan’s largest inland lake, or a property with income-producing potential, this Houghton Lake opportunity deserves a closer look. Short-term rental use and projected income are subject to local requirements, approvals, and buyer due diligence. Open to Land Contract.

5931 W Houghton Lake Road, Houghton Lake
6246 Dorr Loop, Falmouth
$148,900
2 Beds ⋅ 1 Baths ⋅ 20261051062 MLS ⋅ ACTIVE Status
* With accepted offer New Appliances are an option!*This perfect little Cabin is ready for you to walk in and enjoy all that Mother Nature has to offer. This cozy 2-bedroom 1 bath, pellet wood stove home has seen numerous recent upgrades including New Flooring throughout, High Quality-Grade LVF., Fully remodeled bathroom, New Tile, Sink, Lighting, Hardware, Stool. Fresh Drywall. Updated Electrical & Plumbing, (partial). New lighting, Ceiling Fans, New electrical Heating components with remote, Chandelier, Kitchen Sink, New Paint throughout. Brand-New large Septic Tank & Field! It can accommodate larger groups with every day usage as well as entertaining. Pump-house Heater. Recent tree removal for improved views and safety (3+ trees). Enjoy a beautiful setting with a view of the private pond as well as the Muskegon River right from the cabin. Located close to scenic riding trails & river access. This Cabin is great for year-round recreation. Snowmobiling, Side-by-Side UTV Trail Riding, Fishing-all year long, Kayaking, Canoe, Paddle Board. Ideal for Weekend Getaways, Investment Property, Full-Time Living. Minutes from the Muskegon River, Houghton Lake, Lake City. Trail-rich, nature-filled setting. Water views & outdoor fun all year long.

6246 Dorr Loop, Falmouth
2007 N Markey Road, Houghton Lake
$84,990
1 Beds ⋅ 1 Baths ⋅ 20261044482 MLS ⋅ ACTIVE Status
This cozy Houghton Lake studio cabin delivers the classic Up North vibe with unbeatable convenience. Tucked just across the road from the sparkling shoreline. Inside, the efficient open layout blends living, sleeping, and dining into a warm, inviting space—perfect for weekend getaways or a simple year-round retreat. With its rustic charm, low-maintenance design, and close proximity to local shops, trails, and waterfront activities, this little cabin makes an ideal escape for anyone looking to enjoy the best of Michigan lake life. All Information Deemed Reliable But Not Guaranteed. Buyer’s Agent to Verify All Information.

2007 N Markey Road, Houghton Lake
121 E Houghton Lake Drive, Prudenville
$124,900
1 Beds ⋅ 1 Baths ⋅ 50207831 MLS ⋅ ACTIVE Status
Enjoy easy living near the water and lake access with this charming 1 bedroom, 1 bathroom getaway just off East Bay of Houghton Lake in Prudenville! Whether you're looking for a weekend retreat, vacation property, or affordable year-round home, this cozy up north escape offers the perfect location with quick access to boating, fishing, trails, restaurants, and all that Houghton Lake has to offer. Recent updates within the last 15 years include flooring and other interior improvements, while the roof is less than 10 years old for added peace of mind. Washer and dryer hookups are in the closet. Relax, unwind, and enjoy northern Michigan living with views of the lake!

121 E Houghton Lake Drive, Prudenville
130 Burrill Drive, Prudenville
$92,500
2 Beds ⋅ 1 Baths ⋅ 50204124 MLS ⋅ ACTIVE Status
Are you looking for your first rental… or your twentieth? Either way, this could be your next solid addition. Welcome to 130 Burrill Dr in Prudenville — a cash-flowing opportunity currently bringing in $1,100/month. Whether you’re building your portfolio or looking for a low-maintenance investment, this property offers immediate income potential. Located just minutes from Houghton Lake, this home benefits from strong rental demand driven by year-round recreation, tourism, and local convenience. If you’re looking for a straightforward investment with income already in place, this one is worth a look.

130 Burrill Drive, Prudenville
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