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Listed by Coldwell Banker Schmidt Traverse City
$2,500,000
Est. payment /mo
6 Baths
3,936 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hospitality
Listing Status Active
Purchase Type For Sale
Square Footage 3,936 sqft
Price per Sqft $635
MLS Listing ID 1943521
Year Built 2023
Lot Size 5.630 Acres
Acres 5.63
Property Sub-Type Hospitality
Property Description
Exceptional opportunity to own a turnkey boutique bed-and-breakfast set on more than 5.5 private wooded acres with 402 feet of frontage on Lake View, a peaceful no-wake lake. More than just a property, this is a fully realized Northern Michigan experience that blends natural beauty, thoughtful design, and income potential. The contemporary Scandinavian aesthetic sets this offering apart, creating a cohesive, modern guest experience throughout. Four identical studio-style guest suites feature in-floor heat and high-end finishes, centered around a welcoming lounge designed for gathering and relaxation. A separate guest parking area allows for ease of access and seamless operations. Guests are drawn year-round to the property's wooded trails, abundant wildlife, and expansive private shoreline—perfect for kayaking, paddleboarding, and lakeside enjoyment. A charming beach cabana adds flexible space for additional guests or unique rental offerings. Ideally located just one minute from Lake Ann, approximately 15 minutes from the shopping, dining, and wineries of Traverse City, and a short drive to Sleeping Bear Dunes National Lakeshore and Crystal Mountain, the setting offers both privacy and proximity to Northern Michigan's most sought-after destinations. The attached owner's residence provides comfortable on-site living, with a main-level kitchen, living room, primary suite, and heated 30x24 garage. The finished lower level includes two flex rooms, bath, spacious living area with walkout access, and is plumbed for a future kitchen, ideal for expansion or private guest quarters. With the property already split and zoning allowing accessory dwellings, there is real potential for future growth, brand expansion, or continued success as a short-term rental or boutique hospitality venture. Click the virtual tour link for an incredibly realistic view of the interior.
Location
State MI
Rooms
Basement Walk-Out Access, Partial, Finished, Finished Rooms
Interior
Heating Radiant Floor, Natural Gas
Exterior
Waterfront Description Private
Roof Type Metal/Steel
Garage false
Building
Foundation Poured Concrete, Slab
Sewer Private Sewer
Water Private
Others
Virtual Tour https://youtu.be/wjyo2in-aFs?si=dskHaoVD4CG-u9PW,https://drive.google.com/file/d/1b0rRygOu9Enn1t1RbCDGrPoS59vmMF1g/view?usp=sharing
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Kyle O'Grady
Team Leader, REALTOR® | License ID: 6501407456
Team Leader, REALTOR® License ID: 6501407456