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$965,000
Listing Price4beds
5baths
2,856sqft
5,130sqft lot
206 Hilltop Ave, Michigan City, IN 46360
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Home type
Price / sqft
Year built
Home Details
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 cabine
Interior Details
2856
4
5
Has Heating:
Yes
Heating Type:
Central
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
Yes
Fuel Type:
Gas
Has Basement:
No
Basement Type:
No Basement
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
5130
Yes
Yes
Type:
Garage, Attached
Location:
N/A
Status:
N/A
Number of Spaces:
3
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
N/A
N/A
N/A
Asphalt
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$3,146
$126,000
$183,800
--%
$309,800
2018
$6,950
$126,000
$183,800
--%
$309,800
2017
$5,168
$157,400
$187,700
--%
$345,100
2016
$5,362
$83,200
$175,200
--%
$258,400
2015
$5,362
$83,200
$184,100
--%
$267,300
Average Home Price in 46360
Nearby Properties
Zip Code
Price
Bed
Bath
Sqft
Lot
Sold Date
$751,223
4 Beds
3.5 Baths
2,576 Sqft
17,476 Lot (sqft)
Sold 07/07/2026
$844,999
4 Beds
3.5 Baths
2,460 Sqft
5,500 Lot (sqft)
Sold 09/29/2026
$965,000
4 Beds
5 Baths
2,856 Sqft
5,130 Lot (sqft)
Sold 03/05/2026



