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1757 N Manitou Trail

Leland, MI 49654
  • $4,750,000
  • STATUS: Active
  • ON SITE: 484 Days
  • MLS #: 1929993
UPDATED: 18 min ago
$4,750,000
  • 0
    BEDS
  • 4.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,244
    SQFT
  • $514
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1906
County:
Area:

School Ratings & Info

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 2026 bookings must be honored. 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.

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2026 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2026-05-09T12:51:48.553.
www.housestraversecity.com/homes/159301479
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1757 N Manitou Trail Leland, MI 49654

  • Price: $4,750,000
  • Status: Active
  • On Site: 484 Days
  • Updated: 18 min ago
  • MLS #: 1929993
0
Beds
0
Baths
0
½ Baths
4.33
Acres
9,244
SQFT
$514
$/SQFT
1906
Built
Neighborhood:
Whaleback Inn
County:
Leelanau
Area:
Leelanau
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 2026 bookings must be honored. 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.
Exterior Features

Construction Materials FrameWood SidingShingle Siding Foundation Details SlabStone Garage YN No Roof AsphaltMembrane

Interior Features

Above Grade Finished Area Units Square Feet Accessibility Features None Basement PartialCrawl Space Below Grade Finished Area Units Square Feet Cooling ElectricMulti Units Furnished Furniture/Fixtures Green Energy Efficient Not Applicable Heating Forced AirHot WaterBaseboardWall FurnaceNatural Gas Heating YN Yes

Property Features

Association Fee Frequency Annually Building Features Phone System Business Incl Yes Business Type Recreation Deeded Waterfront Yes ECOFeatures No Frontage Length 203 Frontage Type Waterfront Green Water Conservation Not Applicable Inventory Incl Yes Lease Amount Frequency Annually Lease Considered YN No Lease Renewal Option YN No Listing Terms Commercial LoanCash1031 Exchange New Construction YN No Number Of Full Time Employees 1 Occupied Yes Other Parking AssignedCommon Ownership Type Corporation Parking Features AssignedCommon Parking Total 28 Percent Of Remodel 50 Possession Close Of Escrow Private Shared Private Property Sub Type Hospitality Real Estate Incl Yes Rent Includes None Road Responsibility Public Maintained Road Security Features Fire Sprinkler System Sewer Private Sewer Special Licenses None Tax Assessed Value 672379 Tax Legal Description Lengthy Legal See Survey Water Body Name North Lake Leelanau Water Source Private Waterfront YN Yes Year Built Effective 2024 Year Updated 2020 Zoning Description ResidentialCommercialMotel/Hotel

Listing information © 2026 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of Key Realty One-TC: 517-827-2120.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2026 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2026-05-09T12:51:48.553.
 
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