1757 N Manitou Trail, Leland, MI

$5,200,000

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20

Baths

9,244

Square feet

4.33

Acres

About 1757 N Manitou Trail

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.

Features of 1757 N Manitou Trail

MLS® # 1929993
Price $5,200,000
Bathrooms 20.00
Square Footage 9,244
Acres 4.33
Year Built 1906
Type Commercial
Status Active
Lake Name North Lake Leelanau

Community Information

Address 1757 N Manitou Trail
Subdivision Whaleback Inn
City Leland
County Leelanau
Province MI
Postal Code 49654-9719

Amenities

Parking Spaces 28
Parking Assigned, Common
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Hot Water, Baseboard, Wall Furnace, Natural Gas
Cooling Electric, Multi Units
Fireplace No
Has Basement Yes
Basement Partial, Crawl Space

Exterior

Roof Asphalt, Membrane
Construction Frame, Wood Siding, Shingle Siding
Foundation Slab, Stone

Additional Information

Days on Market 399
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees Freq. Annually

Listing Details

OfficeKey Realty One-TC

Listing Map

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