Active
1757 N Manitou Trail
Leland MI, 49654
$5,600,000
$605.80 per sqft
Active
20 Baths
9,244 sqft
Multi-family
Built in 1906
Say hello to an amazing and iconic investment opportunity in coveted Leelanau County, one mile south of historic Leland, Michigan. Boasting five buildings totaling 9,244 square ft, 18 short term rental units, 4-plus beautiful acres, world class lake views and 200 ft of across-the-road private frontage on North Lake Leelanau, this is a stunning property currently run as a profitable hotel with an average of 4.8 star reviews. The historic 1906 main lodge functions as an innkeeper's quarters and main office/gift shop. Kayak and paddle board rentals are offered at the lakefront. The current operating schedule is mid April to late October. Detailed list of property and building improvements as well as financials are available upon request. Owner is a licensed real estate agent in the state of Michigan.
1929994
MLSⓇ ID
January 9, 2025
Listed
January 15, 2025
Updated
Map
1757 N Manitou Trail
Leland MI, 49654
Interior Features
Total Stories
2
Total Bathrooms
20
Interior Features
Great Room, Breakfast Nook, Workshop, High Speed Internet, Cable TV, Wi Fi
Appliances
Refrigerator, Oven/Range, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Freezer, Exhaust Fan, Electric Water Heater
Floor Description
Hardwood
Fireplace
Yes
Fireplace Description
Wood Burning Stove
Cooling
Yes
Cooling Description
Electric, Multi Units
Heating
Yes
Heating Description
Forced Air, Hot Water, Baseboard, Wall Furnace, Fireplace(s), Natural Gas
Exterior/Building Features
Lot Size
4.33 Acres
Exterior Features
Dock, Sprinkler System
Architectual Style
Lodge, Cottage
Roof
Asphalt, Membrane
Sewer
Private Sewer
School Information
School District
Leland Public School District
Other Property Details
Days on Market
6
Association Fee Frequency
Yearly
Garage
No
Parking
Two Car, Drive Under/Built In
View
Yes
View Description
Water
County
Leelanau
Municipality
Leland
Water Source
Private
Pool
No
Waterfront
Yes
Listed by with Key Realty One-TC
Listing Contact:
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Data last updated on 1/15/2025 at 3:38 PM UTC