Recreation Land with Spring-Fed
For Sale
$1,750,000
16339 Cone Road, Milan, MI 48160
Milan, MI
Property Size1,400 SF
Lot Size36.90 Acres
Price / SF$1,250
Days on Market49
Property Features for 16339 Cone Road
General Information
Property type
Commercial Sale
Property subtype
Other
Exterior features
Fenced Yard
Fencing
Fenced
Subdivision
Milan Twp (58011)
Standard status
Active
Size
1,400 SF
Lot size
36.90 Acres
Utilities
Water source
Private
Water front features
Lake
Water front
1
Amenities
spring-fed lake
boathouse
store
public restroom
short-term rental
glamping site
water park
event space
Building Details
Year built
1960
Listing Agency:
Synergy Realty Group
(734) 289-7355
Listed By:
Jordan Bobbitt · License #6502425704
(734) 301-8667
Added: Jul 29
Changed: Aug 19
Last Checked: Sep 15 at 5:06PM
MLS# 50216621
Copyright © 2026 Southeastern Border Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 36.9-acre recreational property includes a 6-acre spring-fed lake, a three-bedroom home with a two-car garage, and a 40-by-40-foot boathouse pole barn. Improvements also include a 40-by-15-foot store, a 30-by-15-foot restroom building that is gutted and ready for renovation, fencing, and private water service. The property includes equipment and water park infrastructure.
Existing operations include a renovated short-term rental, one active glamping site, and a water park. Current revenue sources include daily admissions, concessions, short-term rentals, and event space. The property is located in Milan, Michigan, 17 miles south of Ann Arbor and 30 miles north of Toledo, and has operated as a public beach and recreational destination for more than 65 years.
Existing operations include a renovated short-term rental, one active glamping site, and a water park. Current revenue sources include daily admissions, concessions, short-term rentals, and event space. The property is located in Milan, Michigan, 17 miles south of Ann Arbor and 30 miles north of Toledo, and has operated as a public beach and recreational destination for more than 65 years.
Key Highlights
- 36.9‑acre recreational property with a 6‑acre spring‑fed lake
- Three‑bedroom home with a two‑car garage
- 40x40 boathouse pole barn and 40x15 store
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
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Demographics for 48160, MI
14,097
Population
5,224
Households
2.7
Avg Household Size
41
Median Age
30%
College-Educated
91%
High-School Grad
77.9 sq mi
ZIP Area
181
Density / Sq Mi
$99,383
Median Household Income
$40,170
Median Earnings
$1,097
Median Rent
$251,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Recreation land - Multi-use waterfront property with lodging, a water park, event space, and revenue from admissions and concessions.
Where is this recreation land located?
The property is located at 16339 Cone Road Milan, MI.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 36.9‑acre recreational property with a 6‑acre spring‑fed lake; Three‑bedroom home with a two‑car garage; 40x40 boathouse pole barn and 40x15 store
