About 1757 N Manitou Trail
Iconic investment property in Leland, Michigan, now offered at recently appraised value. 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. The current operating schedule is mid April to late October but in the past the hotel has operated all 12 months. 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® # | 1948996 |
|---|---|
| Price | $4,200,000 |
| Bathrooms | 20.00 |
| Square Footage | 9,244 |
| Acres | 4.33 |
| Year Built | 1906 |
| Type | Multi-Family |
| Sub-Type | Lodge, Cottage |
| 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 | Two Car, Drive Under/Built In |
|---|---|
| View | Water |
| Is Waterfront | No |
| Waterfront | Inland Lake, All Sports, Sandy Bottom, Stony Bottom, Bluff (greater than 10ft) |
| Has Pool | No |
Interior
| Interior Features | Great Room, Breakfast Nook, Workshop, Cable TV, High Speed Internet, WiFi |
|---|---|
| Appliances | Refrigerator, Oven/Range, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Freezer, Exhaust Fan, Electric Water Heater |
| Heating | Forced Air, Hot Water, Baseboard, Wall Furnace, Fireplace(s), Natural Gas |
| Cooling | Electric, Multi Units |
| Fireplace | No |
| Fireplaces | Wood Burning Stove |
| # of Stories | 2 |
| Stories | Two, One |
| Has Basement | Yes |
| Basement | Partial, Crawl Space |
Exterior
| Exterior Features | Dock, Sprinkler System |
|---|---|
| Windows | Skylight(s) |
| Roof | Asphalt, Membrane |
| Construction | Frame, Wood Siding, Shingle Siding |
| Foundation | Slab, Stone |
School Information
| District | Leland Public School District |
|---|
Additional Information
| Days on Market | 3 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees Freq. | Annually |
Listing Details
| Office | Key Realty One-TC |
|---|