$5,600,000

1757 N Manitou Trail, Leland, MI 49654

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1906
  • Property Lot Size Icon4.33acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 11 months ago

Property Description

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. Please note that all 2025 bookings must be honored. 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.

Listing Status:
Active
Listing Office:
Key Realty One-TC : 5178272120
Listing Agent:
Drew Warner : 2313429381
MLS ID:
78080053399
  • Appliances: DishwasherDryerFreezerMicrowaveOvenRefrigeratorRangeWasher
  • Basement: Partial
  • Flooring: Hardwood
  • A/C: Exhaust fanWall window units
  • Heating: BaseboardElectricForced airHot waterNatural gasWall furnace
  • Fireplace: Wood burning stove
  • Other Structures: DeckPorch
  • General: Wood sidingOneBasementCrawl spaceSlabStoneWood
  • Originating MLS: Aspire North REALTORS
  • School District: Leland
  • County: Leelanau
  • Zoning: L293 P601 L339 P456-457 L395 P230-235/94 L248 P810 L247 P22 L983 P39 L1088 P762 L1089 P147 N 203 FT OF GOVT LOT 5 & 2 FT STRIP BEG 739 FT E OF SW COR GOVT LOT 6 TH N 2 FT TH E 334.67 FT TO SHR LK LEE TH S18 DEG 41' W ON SHR 2.11 FT TH W TO POB ALSO PRT GO4500901605200
  • Waterfront: 203
  • Water: Well
  • Sewer: Septic tank
  • Source: Aspire North REALTORS

This listing courtesy of Drew Warner, Key Realty One-TC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Leland Public School

200 N Grand Ave, Leland, MI, 49654

Grades PK-12

1.27 miles away

L

Leland Public School

200 N Grand Ave, Leland, MI, 49654

Grades PK-12

1.27 miles away

L

Leland Public School

200 N Grand Ave, Leland, MI, 49654

Grades PK-12

1.27 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.