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Michigan City, IN, 46360 • 46360 • La Porte County
$340/sqft
Down payment assistance available
4Beds
5Baths
2,856Sqft
0.12 acLot
2002Built
Waterfront Property
Beach Access, Lake Front
Scenic Views
Lake · Park/Greenbelt · Neighborhood
Lakeview Park Add
46360
Enhanced Security
Carbon Monoxide Detector(s) · Smoke Detector(s) · Fire Alarm
1 Fireplace
Electric · Living Room
2.5-Car Garage
Garage Door Opener · Garage Faces Front · Driveway · Off Street
This home is in high demand
Listed 30 days ago · 1,434 views · 52 saves · Top 8% likely to sell soon
Demand and pricing signals for this listing
1,434 views
People checking out this listing
52 saves
Buyers have saved this home
30 days on market
Recently listed
$340/sqft
Price per square foot
This home ranks in the top 8% of listings most likely to go under contract soon, based on market activity and demand signals.
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Single Family · Built 2002
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!
Standout features identified
Our analysis highlights lake view property, open concept, and generous outdoors space as key attractions of this home.
Based on current rates
Est. 6.75% rate · 30yr fixed · $775,920 loan
Full calculator →Key facts and listing details
9 categories of property features
9 rooms detailed
Primary Bedroom
Bedroom2
Bedroom3
Bedroom4
Dining Room
Kitchen
Market data and value estimates
3 schools rated nearby
Michigan City, IN, 46360
14 events
14 years of records
Local context around this listing
Michigan City, IN • La Porte County
Nearby cities
Nearby zip codes
Based on information submitted to the MLS GRID as of 2026-04-08 19:17:34 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#185)
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