The Lake-Heim, Spring Grove: a three-unit waterfront Airbnb compound on Grass Lake with about 131 feet of private sand beach. The owner bought it a few years ago, read every guest review, fixed every complaint — and pushed gross revenue up roughly 25% year over year, to $60,423 across 393 booked nights in 2025. With other businesses demanding attention, the owner is handing the playbook to the next one. Offered at $749,900.
When the owner bought the Lake-Heim a few years ago, the property had everything money can’t easily build: roughly 1.1 acres on Grass Lake in the Fox Chain O’Lakes, a private walk-in sand beach, a pier, and three rentable units in a quiet, resort-like setting.
What it didn’t have was an operation running at the property’s level. And the diagnosis was sitting in public the whole time — the guests had been writing it, review by review.
The owner did the unglamorous thing: read the reviews and fixed every complaint. Item by item, the operation caught up to the setting — and the market answered. Seller-provided Airbnb statements show 2025 gross earnings of about $60,423, up roughly 25% year over year, across 393 booked nights, with two of the three units holding Airbnb Guest Favorite status.
The catch: the owner has other businesses, and the Lake-Heim deserves attention it can’t get. So the turnaround becomes the offering — documented income, a proven playbook, and headroom left on occupancy, pricing, and distribution for whoever takes it further.
At $749,900 — about a 12.4× gross rent multiple on documented income — the next owner steps into a working operation, not a project: keep pushing revenue, live in one unit and rent the other two, run it as a family compound that earns when empty, or explore expansion such as a fourth cottage or bonus-space conversion, subject to buyer verification and municipal approval.
“The guests wrote the turnaround plan — the owner executed it. The next owner inherits both.”
Short-term-rental value is unusually legible: every operational flaw shows up in public, in writing, with a star rating attached. That makes a well-run compound provable — and an under-run one a roadmap.
Whether it’s a lakefront compound or a commercial building, the first step is the same: a confidential read on what it’s worth and who’s buying right now. No listing agreement, no obligation.
Want the Lake-Heim itself? Units, numbers, and the video tour: the full offering.