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    Luther, MI
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    Luther, MI Bed & Breakfasts for Sale

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    Reed City, MI Leroy, MI Irons, MI
    North River's Lodge For Sale
    $725,000
    6.05 Acres

    North River's Lodge For Sale

    1853 W Old M-63, Luther, MI 49656

    Restored log cabins in Manistee National Forest with river access.

    • Restored early 20th‑century log cabins in the Manistee National Forest overlooking the Little Manistee River.
    • Direct access to miles of trails for hiking, biking, skiing, snowmobiling, and ATV riding.
    • Premier trout fishing location with native brook, resident rainbow, and wild brown trout.
    • Centrally located in Michigan's prime river country near the Pere Marquette, Pine, Manistee, and Big Sable Rivers.
    • Six separate, meticulously maintained cabins that accommodate a range of guest numbers.
    Updated: Jan 7
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    Unique Campus Property in Michigan
    $6,200,000
    22,755 SF

    Unique Campus Property in Michigan

    3943 N Skookum Road, Luther, MI 49656

    670-acre campus ideal for institutional or retreat uses.

    • Unique 670‑acre private campus ideal for institutional, nonprofit, retreat, or behavioral health uses.
    • The property features a 12,500 sq ft lodge with 10 guest suites, commercial kitchen, dining and gathering spaces.
    • Four additional residential buildings totaling approximately 8,800 sq ft adaptable for housing, offices, classrooms, or program facilities.
    • Features a private 45–50 acre lake and extensive trail systems.
    • Offered at $6.2M, significantly below estimated replacement cost.
    Updated: Oct 2, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Luther, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Tippy Dam Lodge Retreat
    $999,900
    22.24 Acres

    Tippy Dam Lodge Retreat

    Unique lodge in Manistee National Forest with multiple buildings.

    1306 N Tippy Dam Road, Wellston, MI 49689
    View details
    Unique Lodge in Manistee Forest
    $1,100,000

    Unique Lodge in Manistee Forest

    One-of-a-kind retreat in Michigan's Manistee National Forest.

    1306 N Tippy Dam Rd, Wellston, MI 49689
    View details
    Traverse City Bed & Breakfast
    $4,230,000
    11,807 SF

    Traverse City Bed & Breakfast

    Legacy property with 9 bedrooms and carriage house apartments.

    230 Wellington, Traverse City, MI 49686
    View details
    Historic Traverse City Inn
    $4,240,000
    12,762 SF

    Historic Traverse City Inn

    Legacy property in Traverse City, a meticulously restored, successful Inn.

    230 Wellington St, Traverse City, MI 49686
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Union Pier Land Opportunity
    $630,000
    148,104 SF

    Union Pier Land Opportunity

    3.40 acres near beach, close to downtown and beaches.

    16351 Red Arrow Highway, Union Pier, MI 49129
    View details
    Waterfront Land on Spread Eagle
    $900,000
    1.93 Acres

    Waterfront Land on Spread Eagle

    Rare waterfront land with cabins on Spread Eagle's Chain.

    4829 Carpenter Road, Florence, WI 54121
    View details
    Waterfront Lot on Sunset Lake
    $135,000
    0.62 Acres

    Waterfront Lot on Sunset Lake

    Waterfront lot on private lake near Castle Rock Lake.

    W5656 Sunshine Court, New Lisbon, WI 53950
    View details
    Bloomington Commercial Land For Sale
    $264,000
    0.76 Acres

    Bloomington Commercial Land For Sale

    0.76 acre commercial land parcel in Bloomington, Indiana.

    1301 W Tapp Road, Bloomington, IN 47403
    View details

    Luther, MI Bed & Breakfasts Investment Opportunities Market Analysis

    Explore 2 bed & breakfasts for sale in Luther, MI on our real estate platform. These investment opportunities span a total of 22,755 square feet of properties for sale, with an estimated market value of $6,200,000.

    Sale prices for inns in Luther, MI start at $6,200,000, averaging $6,200,000, and reaching up to $6,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Campgrounds 6
    Bed & breakfasts 2
    Resorts 1

    Demographics Overview

    Population 2,111
    Population Growth (5Y) +30.6%
    Median Household Income $55,781
    College Educated 13.3%

    High-Yield Neighborhoods for Investment

    Identify Luther submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    49656 $3.5M

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