Here’s a prime investment opportunity in the highly desirable Candlewood Lake region, located on the exclusive Candlewood Isle! This Assignment of Contract is ideal for seasoned investors, builders, or flippers who are ready to bring this home back to its former glory.
The home is being sold “as is” and offers incredible potential with 460 sq ft of additional living space in the walk-out basement, ready to be finished to your specifications. Situated in a vibrant lake community, residents enjoy access to a private marina with available boat slips, tennis and pickleball courts, a private beach, and a clubhouse—making this a highly attractive opportunity for future buyers or renters.
The exterior of the home has seen some important updates, with new vinyl siding and a roof replaced after the 2018 macroburst. Inside, you’ll find a newly added stone fireplace and original beams in the living room, preserving the home’s rustic charm. The basement is currently gutted and requires structural work, leaving ample opportunity for customization and added value.
Don’t miss your chance to invest in one of the most sought-after communities in the Candlewood Lake region. With some TLC, this property has the potential to become a dream home or an exceptional flip project. Contact us today for more information!
ARV: $600,000-$775,000
Rehab Budget: $100,000
Comps:
Room Dimensions:
Kitchen 12×8
Bedroom 9×15
bedroom 12×6
Living room 15×19
Room off living 18×7
Basement 30×12 and 10×10
Note: Serious cash buyers only.