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    8195 5Th St Onekama, MI 49675

    For Sale
    $749,000

    Bed & Breakfast - 2 Story,Apartment,In-Law Suite/Apt,Victorian,Bed & Breakfast

    Property size:
    2,056 SF
    Lot size:
    0.89 Acres
    Days on Market:
    27
    Last Refresh:
    Dec 6 at 10:06 am

    Property Features for 8195 5Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential,Multi-Family,Rental History
    Rooms
    Sauna
    Parking features
    Driveway, Paved or Surfaced
    Interior features
    Walk-in Closets, Formal Dining Room, Island Kitchen, Pantry, Mud Room, Den/Study, Bay Windows, Solid Surface Counters, Sauna, Water Softener
    Appliances
    Dryer, Freezer, Microwave, Range, Refrigerator
    Size
    2,056 SF
    Lot size
    0.89 Acres

    Utilities

    Utilities
    Water Available
    Heating system
    Baseboard, Hot Water (Heating)

    Building Details

    Floors in Building
    2
    Number of units
    3
    Roof type
    Asphalt
    Architectural style
    Victorian

    Keller Williams Northern Michigan (231) 947-8200 [email protected]

    Listing agent Christina Roberts (231) 947-8200

    Listing date Nov 10, 2025

    MLS# 1940157 Listing URL

    Copyright © 2025 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Victorian Bed & Breakfast Near Lake

    This beautifully preserved Victorian home, radiating character with original wood trim and high ceilings, is located in Onekama. Set on nearly an acre, this 1880 home offers 2,900 square feet of living space, featuring 5 bedrooms and 3 baths. Modern updates include new siding, roof, deck, and doors, with new windows on order. Currently used as a bed and breakfast, the home comes fully furnished. A self-contained 1-bed, 1-bath apartment offers flexibility for a caretaker, guest suite, or rental opportunity. The resort-style backyard includes an in-ground pool and a dry sauna located in the 2-car garage. Enjoy views of Portage Lake from the porch. The property is walkable to the public beach and village shops, and a short drive to the Lake Michigan shoreline, Arcadia Dunes, and Manistee. The property is suited for use as a B&B or a family retreat.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bed & breakfasts

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Kitchen & Bath Bar & Pub HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Onekama
    County
    Manistee
    State
    Michigan
    Longitude
    -86.196973
    Latitude
    44.363059

    Nearby Similar for Sale

    • $1,200,000
      0.21 Acres

      Renovated Triplex on Portage Lake

      Rare investment opportunity with three units on scenic M-22.
      4642 Main St, Onekama, MI 49675
      View Details
    • $749,000
      0.89 Acres

      Victorian Home in Onekama

      Charming, updated Victorian near Portage Lake, ideal for B&B.
      8195 5Th St, Onekama, MI 49675
      View Details
    • $390,000
      800 SF

      Onekama Commercial Space with Residence

      Commercial space with residential unit in Onekama, Michigan.
      4990 Main St, Onekama, MI 49675
      View Details

    FAQs

    What type of property is this?
    Bed & breakfast - Charming Victorian home with modern updates, near Portage Lake.
    Where is this bed & breakfast located?
    The property is located at 8195 5Th St Onekama, MI.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: - Beautifully preserved 1880 Victorian home with modern updates including new siding, roof, deck, doors, windows on order.; - Prime location: walkable to public beach and village shops, short drive to Lake Michigan, Arcadia Dunes, and Manistee.; - Includes a self-contained 1-bed, 1-bath apartment for rental income, guest suite, or caretaker.
    (231) 947-8200
    Request Owner's contact information
    8195 5Th St Onekama, MI 49675
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8195 5Th St Onekama, MI 49675
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