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!
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : NRA835168
Price : $969,900
Bedrooms : 4
Rooms : 9
Bathrooms : 5
Half Bathrooms : 0
Square Footage : 2,856 Sqft
Year Built : 2002
Lot Area : 5,130 Sqft
Status : Active
Acres : 0.1178
Property Subtype 1 : Single Family Residence
Status : Active
Features
Heating System : Forced Air
Fireplace : Yes
Parking : Garage Door Opener, Off Street, Driveway, Garage Faces Front
Exterior Features : Balcony
Interior Features : High Ceilings, Eat-in Kitchen, Double Vanity, Kitchen Island
Appliances
Appliances : Microwave, Dryer, Refrigerator, Washer, Dishwasher, Electric Range
Address Map
Country : US
State : IN
County : La Porte
City : Michigan City
Street : Hilltop
Street Number : 206
Street Suffix : Avenue
Postal Code : 46360
Floor Number : 0
Longitude : W87° 6' 25.4''
Latitude : N41° 43' 41.1''
Directions : Kruger to Washington Park Blvd, left on Hilltop, property on left at top of hill.