Ypsi-Lakeland, MI — A house on the outskirts of downtown Ypsim is about to become one of the hottest real estate markets in America, as it sells for $25 million.
The home in the neighborhood of Pinnacle Hill, which was once the home of an Irish Catholic order, was built in 1877.
It was then sold for $30,000.
The sale was the largest single sale of the century in the town.
The buyer is now the owner of the home, but the sale isn’t expected to be completed for several more months, said the listing agent.
The listing agent is selling the house for $75,000, or a bit less than the asking price.
The house is owned by the Bellevue HotSpot family, which is the only one in the region.
The owner of Bellevues HotSpot, Larry Bellevu, is a longtime local resident.
His wife, Joanne, is the mother of a 7-year-old girl.
They are also two of the owners of the other Ypsig Lakeland hot spot, Bellevut.
Larry Bellevua is a member of the Bellegu HotSpot and owns the other hot spot.
The hot spot has more than 400 people, according to the listing.
The two hot spots have been known to sell at auction, with one of them selling for more than $500,000 in 2012.