1757 N Manitou Trail, Leland, Michigan

$5,600,000

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9,244

Square feet

4.33

Acres

About 1757 N Manitou Trail

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.

Features of 1757 N Manitou Trail

MLS® # 1929994
Price $5,600,000
Square Footage 9,244
Acres 4.33
Year Built 1906
Type Multi-Family
Sub-Type Lodge, Cottage, Bed & Breakfast, 1 Story, 2 Story, Private Water Frontage
Status Active
Lake North Lake Leelanau
Association Whaleback Inn

Community Information

Address 1757 N Manitou Trail
Subdivision Whaleback Inn
City Leland
County Leelanau
State Michigan
Zip Code 49654-9719

Amenities

Utilities WATER: Private Well SEWER: Private Septic
Garages Drive Under/Built In, Two Car
Is Waterfront Yes
Waterfront Inland Lake, All Sports, Priv Frontage (Across Rd), Private Dock, Sandy Bottom, Stony Bottom, Bluff (greater than 10ft), Water View
Has Pool No

Interior

Interior Features Great Room, Breakfast Nook, Workshop, Skylight(s), Hardwood Floors
Appliances Freezer, Exhaust Fan, Electric water Heater, Smoke Alarms, Refrigerator, Oven/Range, Dishwasher, Microwave, Water Softener (Owned), Washer, Dryer
Heating Natural Gas, Electric, Multiple Units, Wall, Forced Air, Hot Water, Baseboard
Has Basement Yes
Basement Stone, Partial, Crawl Space, Slab
Fireplace Yes
Fireplaces Fireplace, Free Standing Wood Stove

Exterior

Exterior Wood, Shingle
Exterior Features Sprinkler System, Porch, Deck
Lot Description Irregular
Roof Asphalt, Membrane
Construction Frame

School Information

District Leland Public School District

Additional Information

Date Listed January 9th, 2025
Days on Market 37
Zoning Rental History, Residential, Commercial
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKey Realty One-TC

Listing Map

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