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1757 N Manitou Trail

Leland, MI 49654
  • $5,200,000
  • STATUS: Active
  • ON SITE: 426 Days
  • MLS #: 1929994
UPDATED: 38 min ago
$5,200,000
  • 0
    BEDS
  • 4.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,244
    SQFT
  • $563
    $/SQFT
Neighborhood:
Type:
Multi-Family
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 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.

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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: 2026-03-12T06:51:57.873.
www.housestraversecity.com/homes/159301480
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1757 N Manitou Trail Leland, MI 49654

  • Price: $5,200,000
  • Status: Active
  • On Site: 426 Days
  • Updated: 38 min ago
  • MLS #: 1929994
0
Beds
0
Baths
0
½ Baths
4.33
Acres
9,244
SQFT
$563
$/SQFT
1906
Built
Neighborhood:
Whaleback Inn
County:
Leelanau
Area:
Leelanau
School District:
Leland 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.
Exterior Features

Architectural Style LodgeCottage Carport YN No Construction Materials FrameWood SidingShingle Siding Exterior Features DockSprinkler System Foundation Details SlabStone Garage YN No Patio And Porch Features DeckPorch Pool Private YN No Roof AsphaltMembrane Spa YN No View Water View YN Yes Window Features Skylight(s)

Interior Features

ABdrm 22 Above Grade Finished Area Units Square Feet Accessibility Features None Appliances RefrigeratorOven/RangeDishwasherMicrowaveWater Softener OwnedWasherDryerFreezerExhaust FanElectric Water Heater Basement PartialCrawl Space Below Grade Finished Area Units Square Feet Cooling ElectricMulti Units Cooling YN Yes Fireplace Features Wood Burning Stove Fireplace YN Yes Flooring Hardwood Green Energy Efficient Not Applicable Heating Forced AirHot WaterBaseboardWall FurnaceFireplace(s)Natural Gas Interior Features Great RoomBreakfast NookWorkshopHigh Speed InternetCable TVWiFi Levels TwoOne

Property Features

Association Fee Frequency Annually Community Features Lake PrivilegesCommon Area Deeded Waterfront Yes ECOFeatures No Frontage Length 203 Frontage Type Priv Frontage (Across Rd) Green Water Conservation Not Applicable Home Warranty YN No Horse YN No Lease Amount Frequency Annually Lease Considered YN No Lease Renewal Option YN No Lease Term Other Listing Terms ConventionalCash1031 Exchange New Construction YN No Open Parking YN No Other Structures Guest HouseOther Ownership Type Corporation Parking Features Two CarDrive Under/Built In Percent Of Remodel 50 Pets Allowed No Possession Close Of Escrow Private Shared Private Property Attached YN No Property Sub Type Multi Family Rent Includes None Road Responsibility Public Maintained Road Security Features Smoke Detector(s) Sewer Private Sewer Tax Assessed Value 672379 Tax Legal Description L293 P601 L339 P456-457 L395 P230-235/94 L248 P810 L247 P22 L983 P39 L1088 P762 L1089 P147 N 203 FT OF GOVT LOT 5 & 2 FT STRIP BEG 739 FT E OF SW COR GOVT LOT 6 TH N 2 FT TH E 334.67 FT TO SHR LK LEE TH S18 DEG 41' W ON SHR 2.11 FT TH W TO POB ALSO PRT GO Water Body Name North Lake Leelanau Water Source Private Waterfront Features Inland LakeAll SportsSandy BottomStony BottomBluff (greater than 10ft) Waterfront YN Yes Year Built Effective 2024 Year Updated 2020 Zoning Description ResidentialCommercialRental History

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: 2026-03-12T06:51:57.873.
 
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