1757 Manitou Trail N, Leland, MI 00000

$5,200,000
  • 1757 Manitou Trail N, Leland, MI 00000 Main Photo

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Featured Listing Active
BEDS0 BATHS MLS#1929994
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONMI SCHOOLLeland Public School District

Property Description

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.

1757 Manitou Trail N | MLS# 1929994

This multi-family property located at 1757 Manitou Trail N, Leland, MI is currently listed for sale by Key Realty One-TC, with an asking price of $5,200,000. Manitou Trail N is located within the Leland Public School District school district. Search Leland real estate on www.teamchildersrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Partial, Crawl Space, Slab, Stone
Home Style: 2 Story, Lodge, Cottage, Bed & Breakfast,
Lot Size: 4.33 Acres
Roof Type: Asphalt, Membrane
Year Built: 1906

Feature Descriptions

Appliance(s)/Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Water Softener (Owned), Washer, Dryer, Freezer, Exhaust Fan, Electric water Heater, Smoke Alarms
Body of Water: North Lake Leelanau
Construction: Frame
Days on Site: 418
Exterior: Deck, Sprinkler System, Porch
Garage/Parking: Two Car, Drive Under/Built In
Heating/Cooling: Forced Air, Hot Water, Baseboard, Wall
Heating/Cooling Source: Natural Gas, Electric, Multiple Units
Interior: Skylight(s), Hardwood Floors, Great Room, Breakfast Nook, Workshop
Lot Dimensions: 4.33 Acre(s)
Outbuilding(s): Yes
Outbuilding(s): Guest House
Renewable Heating/Cooling: Not Applicable
Road: Public Maintained
Sewer: Private Septic
Water: Private Well
Water Features: Water View, Inland Lake, All Sports, Priv Frontage (Across Rd), Private Dock, Sandy Bottom, Stony Bottom, Bluff (greater than 10ft)
Waterfront Footage: 203
Waterfront Type: Yes
Year Remodeled: 2024

Local Schools

School District: Leland Public School District

Listed By / Shown By

Listed By

Agency Name: Key Realty One-TC

agent picture

Shown By

Agent Name: Julie Childers
Agent Phone: Cell: (517) 673-1829

Estimate Your Payment

Estimated Payment

$ 30,603.99 per month $29,087.32 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,516.67 Homeowner's Insurance

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