1757 N Manitou Trail
Leland, MI 49654-9719
- – beds
- – baths
- 9,244 sqft
- ~4 acre lot
- $605 per sqft
- – on site
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.
Last checked:
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Last updated Jan 9, 2025
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MLS# 1929994 —
The Building
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Year Built:1906
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Year Remodeled:2024
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Construction:Frame
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Style:2 Story, Lodge, Cottage, Bed & Breakfast, 1 Story
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Roof:Asphalt, Membrane
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Foundation:Partial, Crawl Space, Slab, Stone
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Exterior Features:Deck, Sprinkler System, Porch
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Exterior Finish:Wood, Shingle
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Univs Design/Barrier Free:None
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Eco Features:no
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Energy Efficient:Not Applicable
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SqFt:9244
Interior
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Interior Features:Skylight(s), Hardwood Floors, Great Room, Breakfast Nook, Workshop
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Fireplace and Stoves:Fireplace, Free Standing Wood Stove
Financial & Terms
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Terms:Conventional Mortgage, Cash, 1031 Exchange
Location
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Latitude:45.007361
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Longitude:-85.766627
The Property
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Property Type:Bed & Breakfast, Other
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Lot Dimensions:Irregular
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Acres:4.33
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Additional Buildings:Guest House, Other
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Zoning:Residential, Commercial, Rental History
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Deeded Waterfront:yes
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Water Features:Water View, Inland Lake, All Sports, Priv Frontage (Across Rd), Private Dock, Sandy Bottom, Stony Bottom, Bluff (greater than 10ft)
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Body Of Water:North Lake Leelanau
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Road:Public Maintained
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Mineral Rights:Unknown
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Price Per SqFt:605.8
Listing Agent
- Contact info:
- Agent phone:
- Office phone:
- (517) 827-2120
Taxes
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Tax ID:45-009-016-052-00
Heating & Cooling
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Heating & Cooling:Electric, Multiple Units, Natural Gas
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Heating & Cooling:Forced Air, Hot Water, Baseboard, Wall
Utilities
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Water:Private Well
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Sewer:Private Septic
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TV/Internet:Cable TV, Cable Internet, WiFi
Appliances
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Appliances:Refrigerator, Oven/Range, Dishwasher, Microwave, Water Softener (Owned), Washer, Dryer, Freezer, Exhaust Fan, Electric water Heater, Smoke Alarms
Schools
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School District:Leland Public School District
The Community
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Subdivision:MI
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Development Amenities:Lake Privileges, Common Area
Parking
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Primary Garage:Two Car, Drive Under/Built In
Extra Units
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Total # of Units:19
Max Internet Speed
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/9/25
Jan 9, 2025
|
Listed / Active | NGLRMLS | $5,600,000 |
