1757 N Manitou Trail, Leland, MI 49654
1757 N Manitou Trail, Leland, MI 49654
1757 N Manitou Trail, Leland, MI 49654
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Kyle O'Grady

Kyle O'Grady

+1(231) 499-9999
Listed by  Key Realty One-TC
$4,200,000
Est. payment /mo
20 Baths
9,244 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,244 sqft

Price per Sqft $454

MLS Listing ID 1948996

Style Lodge,Cottage

Year Built 1906

Lot Size 4.330 Acres

Acres 4.33

Property Sub-Type Multi Family

Property Description

Iconic investment property in Leland, Michigan, now offered at recently appraised value. 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 but in the past the hotel has operated all 12 months. 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.

Location

State MI

Community Lake Privileges, Common Area

Rooms

Basement Partial, Crawl Space

Interior

Interior Features Great Room, Breakfast Nook, Workshop, Cable TV, High Speed Internet, WiFi

Heating Forced Air, Hot Water, Baseboard, Wall Furnace, Fireplace(s), Natural Gas

Flooring Hardwood

Fireplaces Type Wood Burning Stove

Fireplace true

Appliance Refrigerator, Oven/Range, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Freezer, Exhaust Fan, Electric Water Heater

Exterior

Exterior Feature Dock, Sprinkler System

Community Features Lake Privileges, Common Area

Waterfront Description Private

Roof Type Asphalt,Membrane

Garage false

Building

Story Two, One

Foundation Slab, Stone

Sewer Private Sewer

Water Private

Architectural Style Lodge, Cottage

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Kyle O'Grady

Kyle O'Grady

+1(231) 499-9999

Team Leader, REALTOR® | License ID: 6501407456

Team Leader, REALTOR® License ID: 6501407456

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