$4,200,000
1757 N Manitou Trail, Leland MI 49654, Leland, MI, 49654
20
Bathrooms
9,244
Sq Ft
4.33
Acres
About This Property
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.
Property Details
Listing Office
Key Realty One-TC
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$4,200,000
$454 / sq ft
MLS #
1948995
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Listing data provided by Northern Great Lakes REALTORS® MLS (NGLRMLS). Information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor information provider(s) shall be responsible for any typographical errors, misinformation, or misprints. Listing information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing courtesy of Key Realty One-TC.