Small Home Near Carlyle Lake With Potential Income
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Summary
Property
- Type
- Residential Land
- Road Frontage
- Township Road
- Road Surface
- Blacktop/Asphalt
- Outbuildings
- Metal, Garage
Approximate Distances
| 12 mi | to Carlyle |
| 3 mi | to Keyesport |
| 1/2 mi | to Carlyle Lake |
| 60 mi | to St. Louis, MO |
| 28 mi | to Vandalia |
Utilities
| Electric: | Onsite |
| Sewer: | Onsite |
| Water: | Onsite |
Housing
Home
1BD / 1BA 420± sqftDescription
This property offers an exceptional investment opportunity, ideally located just half a mile from Carlyle Lake and only 12 miles from the amenities and conveniences of Carlyle, IL. Whether you're looking for a private retreat, a seasonal getaway, or a chance to generate rental income, this property has everything you need and more. I estimate the return on investment as a rental property to be possibly as much as 8%.
At the heart of the property sits a 420 square foot tiny home featuring 1 bedroom and 1 bathroom. The home is fully equipped with water, electricity, and septic, allowing for ease and convenience of living. The layout is compact yet functional, with a comfortable living area that offers a peaceful place to unwind after a day of outdoor activities on Carlyle Lake . Whether used as a weekend getaway or a rental unit, this charming home provides a low-maintenance base in a sought-after location.
In addition to the home, the property boasts several outbuildings, including a spacious 500-square-foot metal outbuilding that is perfect for storage, a workshop, or additional space for hobbies and projects. There is also a smaller shed, which can be used for tools, lawn equipment, or other necessities. These structures enhance the versatility of the property, offering ample room for various uses. The Golf carts in the pictures can also be purchased separately.
What truly sets this property apart, however, is its income-generating potential. The land includes five designated camper locations, each offering space and hookups for RVs or campers. This creates a fantastic opportunity for rentals, perfect for visitors looking to stay near Carlyle Lake. The area is popular for fishing, boating, and other outdoor recreation, making it an ideal spot for vacationers. With the growing demand for lake experiences, these camper sites provide the potential for a steady stream of rental income.
Additionally, the property comes with its own private boat dock on Carlyle Lake, a very valuable feature that offers direct access to the water. Whether you're an avid fisherman, a boater, or simply enjoy sitting by the lake to watch the sunset, the dock provides the perfect place to enjoy all that Carlyle Lake has to offer.
The land itself is peaceful, providing a quiet retreat from the hustle and bustle of everyday life, yet it remains conveniently close to town. Carlyle Lake is known for its waters, abundant wildlife, and stunning natural beauty, making it a desirable location for both full-time residents and seasonal visitors alike. With the town of Carlyle just a short drive away, you'll have easy access to shopping, dining, schools, and healthcare, while still enjoying the tranquility of lakeside living.
This property is the perfect opportunity for those seeking a small, low-maintenance home with the added benefit of rental income potential. Whether you're interested in long-term stays or short-term vacationers, the combination of the house, outbuildings, camper locations, and dock creates a truly unique and versatile property. Don't miss out on this fantastic chance to own a slice of lakeside paradise with endless possibilities!
Details
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Less than 1/2 a mile to Carlyle Lake
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5 camper spots
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420 square foot home
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500 square foot metal outbuilding
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Comes with a boat dock
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12 miles to Carlyle
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Great public hunting and fishing area
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Potential ROI
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Utilities on site
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Turn Key
Other
Coordinates
38.71065, -89.2977
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
COOPERATING BROKER COMPENSATION: Please contact Listing Agent/Broker for terms of cooperating Buyer Broker compensation. Terms of compensation, if any, shall be ascertained by cooperating brokers before beginning efforts to accept the offer of cooperation. Buyer’s Agents/Brokers must be identified, by Buyers and/or their Brokers/Agents, on the first contact with Listing Broker/Agents to receive compensation. Otherwise, compensation will be at the sole discretion of the Seller, Broker, and Whitetail Properties Real Estate, LLC.
Real Estate Commissions and Cooperating Broker Compensation, if any, are fully negotiable and is not fixed or controlled by law, by Whitetail Properties Real Estate, LLC (or any division/trade name/DBA of), or its Agents/Brokers.
