5961 E Oslo Street
Williamsburg, MI, 49690 $ 12,900,000
Bedrooms-- Baths-- Sq 1,780 Monthly Estimate*
$ 80,479
for $12,900,000. This 1,780 square foot building was built in 2023 on a lot size of 18.16.
A rare resort and multifamily investment opportunity has arrived in one of Michiganââ¬â¢s premier vacation destinations. Introducing KOTI, the Finnish word for ââ¬Åhome.ââ¬Â This Scandinavian-inspired resort spans just over 18 thoughtfully designed acres only a quarter mile from the East Arm of sparkling Grand Traverse Bay and minutes from downtown Traverse City. KOTI's location and aesthetic make it ideal for quiet retreats, family vacations, reunions, and corporate stays. The community is planned for up to 78 standalone cottages featuring the signature warmth, simplicity, and beauty of Scandinavian design, offered in both two- and three-bedroom bungalow layouts. Seventeen cottages are already complete and leasing, generating roughly $750,000 in annual rental income. The property also includes a fully renovated and fully leased restaurant with a resort liquor license and Class CSDM license, a 13,000-square-foot event center, a 4,500-square-foot commercial kitchen, and an 1,100-square-foot visitor center with offices and retail space. A pedestrian bridge over a clear trout stream leads directly to the TART Trail and the resortââ¬â¢s walkways, enhancing the guest experience. The site is pre-approved for an expanded mixed-use complex with up to 120,000 square feet available for hotel, condo, office, and rental development. All infrastructure, including roads, utilities, and walkways, is already in place, positioning KOTI for seamless future growth. Surrounded by top regional attractions including the Grand Traverse Resort, Turtle Creek Hotel & Casino, Flintfields Horse Park, and several premier golf courses, KOTI is uniquely situated to become one of Michiganââ¬â¢s most distinctive vacation communities. This is a rare chance to invest in a destination where Scandinavian-inspired design meets the best of northern Michiganââ¬â¢s natural beauty.
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FeaturesGeneralHeating Forced Air
Cooling Central A/C
Possession Negotiable (Possession)
Roof Metal Other-See Remarks
Water Public Water
Status Active Active
Year Built 2023
Parking Parking Lot
Subdivision KOTI Vacation Rentals MI
County Grand Traverse
Class COM/IND/BUS OPP
Type Commercial/Industrial
Business Name KOTI Vacation Rentals
Ownership Private
Municipality Acme Twp
Section 2
Zoning Commercial Other
Sale/Rent For Sale
Status Detail 0
Commercial Features Outbuilding(s)
Area Acme Twp (28001)
Primary City Williamsburg
Directions From downtown TC take Munson Ave/US-31 to Acme and turn right onto M-72. E. KOTI Vacation Rental community is on the right.
City Williamsburg
Financial Terms Cash Commercial Loan
Legal Description Lengthy legal - see Associated Documents
DOM 5
Postal Code 49690
Price Per Sq Ft Total AG 7247.19
Public Remarks A rare resort and multifamily investment opportunity has arrived in one of Michiganââ¬â¢s premier vacation destinations. Introducing KOTI
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ExteriorExterior Frame Wood
Lot Size Area 18.16
Lot Dimensions IRREG
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* Excluded FeaturesList ByRobert BrickListing Agent
Remax Bayshore - W Bay Shore Dr TcBroker
hello@brickcorbett.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $80,479
- Monthly Property Taxes
- $10,578
- 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.
Learn more about how to save NearbyCommerical listings in Williamsburg, MI
Average List Price $1,932,636
Percent of Sale Price 85%
About Williamsburg, MI 6,701 Population
7% Since 2002
$ 67,072 Median Income
49.55 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/12/2025 | $12,900,000 | | Listed Price |