Waterfront Resort with Rental
For Sale
$1,595,000
16878 County Road 505, Newberry, MI 49868
Established lakeside hospitality property with guest lodging and supporting buildings in Michigan’s eastern Upper Peninsula.
Property Size7,600 SF
Days on Market15
Property Features for 16878 County Road 505
General Information
Standard status
Active
Size
7,600 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$8,000
Building Details
Building Size
7,600 SF
Year Built
1970
Buildings
11
Stories
1600
Units
9
Listing Agency:
Hayden Outdoors
(231) 679-5610
Listed By:
Kevin Doyle · License #6504183080
Source:
Erareardonrealty
Added: Aug 17
Changed: Aug 29
Last Checked: Aug 30 at 5:40PM
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 Hayden Outdoors
Investment Insights
Based on property information with market context.
Halfway Lake Cottages is a waterfront resort on approximately 25 acres along private Halfway Lake. The property includes eight rental cabins, a guest house, an owner's residence, a garage, and a pole barn, creating a multi-building hospitality operation with on-site accommodations and owner housing. The improvements date to 1970.
Located at 16878 County Road 505 in Newberry, Michigan, the resort has nearly 1,700 feet of lake frontage. Its setting in the eastern Upper Peninsula places the property near Tahquamenon Falls and extensive trail systems, adding direct access to regional outdoor recreation.
Located at 16878 County Road 505 in Newberry, Michigan, the resort has nearly 1,700 feet of lake frontage. Its setting in the eastern Upper Peninsula places the property near Tahquamenon Falls and extensive trail systems, adding direct access to regional outdoor recreation.
Key Highlights
- Waterfront resort on approximately 25 acres
- Nearly 1,700 feet of frontage on private Halfway Lake
- Eight rental cabins plus a guest house
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
Demographics for 49868, MI
4,108
Population
2,951
Households
1.4
Avg Household Size
47
Median Age
18%
College-Educated
92%
High-School Grad
706.5 sq mi
ZIP Area
6
Density / Sq Mi
$53,651
Median Household Income
$35,154
Median Earnings
$809
Median Rent
$98,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Resort - Established lakeside hospitality property with guest lodging and supporting buildings in Michigan’s eastern Upper Peninsula.
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 $1,595,000.
What are key features of this property?
This property features: Waterfront resort on approximately 25 acres; Nearly 1,700 feet of frontage on private Halfway Lake; Eight rental cabins plus a guest house
