Waterfront Resort With Rental
For Sale
$1,325,000
17461 W NORTON RD., Gould City, MI 49838
GOULD CITY, MI
Property SizeContact for details
Lot Size3.75 Acres
Days on Market55
Property Features for 17461 W NORTON RD.
General Information
Property type
Residential Multi Family
Property subtype
Single Family Attached
Bedrooms
2
Rooms
Bedroom 2, Bedroom 1
Standard status
Active
Lot size
3.75 Acres
Building Details
Year built
1940
Listing Agency:
Cedarville · Coldwell Banker Real Estate
(906) 484-3945
Listed By:
Susanne Bartlett-Moran
(906) 477-3398
Added: Aug 13
Changed: Sep 12
Last Checked: Oct 6 at 1:06AM
MLS# 26-629
Copyright © 2026 Coldwell Banker Schmidt 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 established resort business occupies 3.75 acres along South Manistique Lake in Michigan’s Upper Peninsula. The property includes 11 operating rental cabins designed for weekly stays, along with an on-site log residence offering 2 bedrooms, 2 bathrooms, and 1,600 square feet. Built in 1940, the property combines lodging accommodations with an owner-occupant residence.
The resort has 400 feet of direct lake frontage and supports seasonal lodging activity, with peak demand during the summer and additional winter weekend occupancy. An established booking system and operating structure are in place, and the business has repeat guests and longstanding customer relationships. Booking records, occupancy information, and detailed financials are available upon request and NDA.
The resort has 400 feet of direct lake frontage and supports seasonal lodging activity, with peak demand during the summer and additional winter weekend occupancy. An established booking system and operating structure are in place, and the business has repeat guests and longstanding customer relationships. Booking records, occupancy information, and detailed financials are available upon request and NDA.
Key Highlights
- 3.75‑acre waterfront resort property on South Manistique Lake
- 400 feet of direct lake frontage
- 11 operating rental cabins
Property Analytics
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Current Use
Lease Details
12
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Explore this area
Business Placement
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
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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?
Resort - Operational lakefront resort with weekly cabin rentals and 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 $1,325,000.
What are key features of this property?
This property features: 3.75‑acre waterfront resort property on South Manistique Lake; 400 feet of direct lake frontage; 11 operating rental cabins
