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Waterfront Resort with Rental Cabins
For Sale
$1,425,000

17461 W Norton Rd., Gould City, MI 49838

MULTI_FAMILY - Gould City, MI

Property SizeContact for details
Lot Size3.75 Acres
Days on Market41

Property Features for 17461 W Norton Rd.

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Commercial 201
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2
Elementary school district Engadine
Middle school district Engadine
High school district Engadine
Directions From the Mackinac Bridge, take US-2 west ,turn right ( north) onto H-33/Manistique Lakes Road,and 4.1 miles turn left(west) onto Norton Road to W17461 Sunset Pines Resort.
Subdivision 43 - Curtis, Engadine, Naubinway & Rexton
Standard status Active
APN see attached
Lot size 3.75 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10559
Expense value 268658
Expense Application Fee
Expense freq. One Time

Utilities

Water front 1

Building Details

Year built 1940
Floors in Building 1
Number of units 11
Listing Agency: COLDWELL BANKER SCHMIDT - CEDARVILLE
Listed By: Susanne Bartlett-Moran
Added: Jul 14 Changed: Aug 11 Last Checked: Aug 23 at 12:06AM
MLS# 26-629

Copyright © 2026 Eastern Upper Peninsula Board 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.

Fully operational waterfront resort business for sale on South Manistique Lake in Michigan’s Upper Peninsula. The property is set up as a weekly rental cabin destination, with peak seasonal demand in the summer months and supplemental winter weekend occupancy. There are 11 fully operating rental cabins and an on-site owners residence, described as a log home with 2 bedrooms and 2 bathrooms.

The offering includes 3.75 acres of lakefront property with approximately 400 feet of direct lake frontage. An established booking system and turn-key operational structure are in place.

Some photos have been digitally edited to remove personal items; the remarks indicate furniture and rugs are original to the property. Detailed financials, occupancy data, and booking records are available upon request with NDA.

Key Highlights

  • Fully operating waterfront resort business on South Manistique Lake in Michigan’s Upper Peninsula
  • 3.75‑acre lakefront parcel with 400 ft of direct lake frontage
  • 11 fully operating weekly rental cabins with established booking system

Property Analytics

Current Use

Resorts

Lease Details

12
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

Demographics for 49838, MI

478
Population
618
Households
0.8
Avg Household Size
57
Median Age
11%
College-Educated
92%
High-School Grad
135.6 sq mi
ZIP Area
4
Density / Sq Mi
$39,773
Median Household Income
$31,786
Median Earnings
$168,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Resort - Fully operational resort on South Manistique Lake featuring 11 rental cabins plus an on-site owners residence.
Where is this resort located?
The property is located at 17461 W Norton Rd. Gould City, MI.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: Fully operating waterfront resort business on South Manistique Lake in Michigan’s Upper Peninsula; 3.75‑acre lakefront parcel with 400 ft of direct lake frontage; 11 fully operating weekly rental cabins with established booking system
More about this property
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