1757 N Manitou Trail Leland, MI $ 5,600,000
1757 N Manitou Trail
$ 5,600,000
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1757 N Manitou Trail

Leland, MI, 49654
$ 5,600,000
Bedrooms22 Baths20.0 Sq 9,244

Monthly Estimate*

$ 34,937

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Multi-Family Home for sale in Leland, MI

for $5,600,000 with 22 bedrooms and 20 full baths. This 9,244 square foot home was built in 1906 on a lot size of 4.33.

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.

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Multi-Family Active

Price

$ 5,600,000

Bedrooms

22

Full Bath

20

Property Type

Multi-Family

Taxes

$ 0

Style

2 Story,Lodge,Cottage,Bed & Breakfast,1 Story

Lot Size

4.33

Year Built

1906

Town/City

Leland

County/Region

Leelanau

MLS | Web ID

1929994

Features
General
Roof Asphalt Membrane
Zoning Residential Commercial Rental History
Sewer Private Septic
Construction Frame
School District Leland Public School District
Energy Efficient Not Applicable
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Interior
Basement Partial Crawl Space Slab Stone
Interior Features Skylight(s) Hardwood Floors Great Room Breakfast Nook Workshop
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Exterior
Body of Water North Lake Leelanau
Waterfront 203
Exterior Features Deck Sprinkler System Porch
Water Features Water View Inland Lake All Sports Priv Frontage (Across Rd) Private Dock Sandy Bottom Stony Bottom Bluff (greater than 10ft)
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* Excluded Features
List By
Key Realty One-Tc

Broker

(231) 342-9381

Phone

Affordability Calculator

$34,937
Per Month
100%
0%
0%
Monthly Principal & Interest
$34,937
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2034251 Elementary School
2034119 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/9/2025$5,600,000 Listed Price

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1757 N Manitou Trail, Leland, MI, 49654 is a Multi-Family Home for sale at $5,600,000 with 9,244 sqft and a lot size of 4.33. 1757 N Manitou Trail has 22 bedrooms, 20.0 baths, and was built in 1906. The property's zip code is 49654 which is in Leland, MI