Established Resort on Halfway
16878 County Road 505, Newberry, MI 49868
Turn-key resort with cabins, guest house, and owner's residence.
Type:Business Opportunities
Property size:
7,340 SFPrice / SF:
$217/SF- Added:
- Sep 25, 2025
- Days on Market:
- 239
- Last Refresh:
- Apr 5 at 8:19 pm
Property Features for 16878 County Road 505
General Information
- Standard status
- Active
- Size
- 7,340 SF
- Property subtype
- Business Opportunities
Listing agent Dave Wood License #3399097
Listing office RE/MAX (813) 919-9179
Listing date Sep 25, 2025
Source Remaxcommercial
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX
HighLights
- Established turn‑key resort business on Halfway Lake with strong rental history and returning guests.
- Includes eight rental cabins (one duplex), a spacious guest house, and a three‑bedroom owner's residence.
- 1,700 feet of shoreline frontage on a private, no‑motor lake ideal for paddling, fishing, and relaxation.
- Amenities include canoes, kayaks, boats, two docks, a launch area, and a swim‑friendly shoreline.
- Located 20 minutes from Newberry and close to attractions like Tahquamenon Falls, appealing to various travelers.
- Features a detached garage and a large pole barn for storage and maintenance.
Overview
This is an opportunity to own a well-established resort on the shores of Halfway Lake, located 20 minutes north of Newberry. The turn-key business includes eight rental cabins (one is a duplex), a spacious guest house, and a three-bedroom, two-bath owner’s residence. The property offers lake views from nearly every building. Halfway Lake is a private, no-motor lake suitable for paddling, fishing, and relaxing. Guests have access to canoes, kayaks, and boats, as well as two docks, a launch area, and a swim-friendly shoreline with approximately 1,700 feet of shoreline frontage. The resort attracts snowmobilers, UTV/ORV riders, fishermen, and travelers exploring the area’s attractions, including nearby Tahquamenon Falls. Each two-bedroom cabin features a kitchen, bathroom, and comfortable living area. The guest house provides additional space for rentals, visiting friends, or extended family. Also included are a detached garage and a large pole barn for storage or maintenance needs. The property size is 7,340 square feet. The current owners have welcomed returning guests for years, maintaining the property with care. This resort is ready for new ownership and offers lakefront living in Michigan’s Upper Peninsula.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Resorts
Location Insight
- Map
- Local Demand
- City
- Newberry
- County
- Luce
- State
- Michigan
- Longitude
- -85.5934
- Latitude
- 46.4759
Nearby Similar for Sale
FAQs
What type of property is this?
Resort - Turn-key resort with cabins, guest house, and owner's residence.
Where is this resort located?
The property is located at 16878 County Road 505 Newberry, MI.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Established turn‑key resort business on Halfway Lake with strong rental history and returning guests.; Includes **eight rental cabins (one duplex), a spacious guest house, and a three‑bedroom owner's residence.**; **1,700 feet of shoreline frontage** on a private, no‑motor lake ideal for paddling, fishing, and relaxation.
