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
Baths0.0

Monthly Estimate*

$ 34,937

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Studio

Multi-Family Home for sale in Leland, MI

for $5,600,000. This 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

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

4.33

Year Built

1906

Town/City

Leland

County/Region

Leelanau

MLS | Web ID

80053399

Features
Interior
Interior Amenities Hardwood Floors
Basement Partial Stone
Total Number of Units 19
Dining/Kitchen Breakfast Nook/Room
Fuel Type Electric Natural Gas
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General
Heating Wall Heat Baseboard Forced Air Hot Water
Cooling Exhaust Fan Wall/Window A/C
Possession At Close
Fireplaces Wood Stove
Water Private Well
Appliances Dishwasher Dryer Freezer Microwave Range/Oven Refrigerator Washer
Status Active Active
Year Built 1906
Subdivision Whaleback Inn MI
Water Heater Electric
County Leelanau
Class MULTIFAMILY
Type Multi-Family
Ownership Corporation
Municipality Leland
Section 16
Zoning Commercial Residential
Sale/Rent For Sale
Status Detail 0
Utilities Cable Available
Structure Style 1 Story
Area Leland Twp (45009)
Primary City Leland
Directions From Suttons Bay take M-204 west then north on M-22. Hotel is on your left 1 mile south of town of Leland.
City Leland
School District Leland Public School District
Financial Terms Cash Exchange/Trade
Legal Description L293 P601 L339 P456-457 L395 P230-235/94 L248 P810 L247 P22 L983 P39 L1088 P762 L1089 P147 N 203 FT OF GOVT LOT 5 & 2 FT STRIP BEG 739 FT E OF SW COR GOVT LOT 6 TH N 2 FT TH E 334.67 FT TO SHR LK LEE
DOM 342
Postal Code 49654
Public Remarks 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
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Exterior
Exterior Wood
Exterior Amenities Deck Lawn Sprinkler Porch
Frontage 203
Body of Water North Lake Leelanau
Lot Size Area 4.33
Lot Dimensions Irregular
Water Features Dock/Pier Facility Water View Waterfront All Sports Lake Interior Lake
Waterfront Y/N Yes
Frontage Type Water
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* Excluded Features
List By
Drew Warner

Listing Agent

Key Realty One-Tc

Broker

andrewdavidwarner@gmail.com

Email

Affordability Calculator

$34,937
Per Month
100%
0%
0%
Monthly Principal & Interest
$34,937
Monthly Property Taxes
--
Monthly Home Insurance
--
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
3955166 Elementary School
3955157 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/9/2025$5,600,000 Listed Price

Map


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1757 N Manitou Trail, Leland, MI, 49654 is a Multi-Family Home for sale at $5,600,000 with a lot size of 4.33. 1757 N Manitou Trail is a studio with 0.0 baths and was built in 1906. The property's zip code is 49654 which is in Leland, MI