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.
Property Type
MultifamilyCounty
LeelanauStyle
MultifamilyAD ID
48634795
Sell a home like this and save $335,501 Find Out How
Property Details
-
Interior Features
Room Information
- Porches: Deck,Porch
Heating & Cooling
- Cooling: Wall Unit(s)
- Heating: Baseboard,Forced Air,Hot Water,Wall/Floor Furnace
- Heating Fuel: Electric,Natural Gas
Water Heater
- Electric
-
Exterior Features
Building Information
- Year Built: 1906
- Building Stories: 1 Story
- Total Units: 19
- Foundation/Basement: Crawl,Slab,Basement
Utility Features
- Sewer: Septic Tank (Existing)
Water
- Well (Existing)
- Water Heat: Electric
-
Property / Lot Details
Lot Information
- Lot Size: 4.33
- Dimensions: Irregular
- Waterfront: All Sports Lake,Dock Facilities
- Waterfront Description: Water Front,Lake/River Priv
Property Information
- Subdivision: Whaleback Inn
- Financing: Cash,Trade/Exchange
-
Listing Information
Listing Price Information
- Original List Price: $5,600,000
Listing Information
- Possession: At Close
- 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
-
Taxes / Assessments
Tax Information
- Parcel Number: 4500901605200
Possession
- At Close
Legal Information
- Legal Description: Section: 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
-
School, Utilities & Location Details
Utility Information
- Water:Well (Existing)
- Sewer:Septic Tank (Existing)
Statistics Bottom Ads 2

Sidebar Ads 1

Learn More about this Property
Sidebar Ads 2

Sidebar Ads 2

Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2025 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan.
BuyOwner last updated this listing 02/22/2025 @ 12:04
- MLS: 623218692
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 0 bedrooms which is for sale, it has 0 sqft, 4 sized lot, and 0 parking. A comparable Multifamily, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Leland , in zip code 49654, this Leelanau County Multifamily , it is in the Whaleback Inn Subdivision, and are nearby neighborhoods.