Hotel Property with Lake
For Sale
$4,200,000
1757 N Manitou Trail, Leland, MI 49654
Multi-Family, 2 Story, Lodge, Cottage, Bed & Breakfast, 1 Story, Leland, MI
Property Size9,244 SF
Lot Size4.33 Acres
Price / SF$454.35
Days on Market52
Property Features for 1757 N Manitou Trail
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential,Commercial,Re
Zoning description
Residential, Commercial, Rental History
Bathrooms
20
Full bathrooms
20
Rooms
Bathroom 12, Bathroom 8, Bathroom 6, Bathroom 1, Bathroom 20, Bathroom 11, Bathroom 14, Bathroom 4, Bathroom 18, Bathroom 2, Bathroom 15, Bathroom 5, Bathroom 16, Bathroom 19, Bathroom 9, Bathroom 10, Bathroom 7, Bathroom 17, Bathroom 13, Bathroom 3
Patio and Porch features
Deck, Porch
Interior features
Skylight(s), Hardwood Floors, Great Room, Breakfast Nook, Workshop
Exterior features
Deck, Sprinkler System, Porch
Fireplace
1
Appliances
Refrigerator, Oven/Range, Dishwasher, Microwave, Water Softener (Owned), Washer, Dryer, Freezer, Exhaust Fan, Electric water Heater, Smoke Alarms
Elementary school district
Leland Public School District
Middle school district
Leland Public School District
High school district
Leland Public School District
Directions
From Suttons Bay take M-204 west then north on M-22. Hotel is on your left 1 mile south of town of Leland.
Subdivision
Leelanau
Standard status
Active
Size
9,244 SF
Lot size
4.33 Acres
Taxes and HOA fees
Tax Description
L293 P601 L339 P456-457 L395 P230-235/94 L248 P810 L247 P22 L983 P39 L1088 P762 L1089 P147 N 203 FT OF GOVT LOT 5 & 2 FT STRIP BEG 739 FT E OF SW COR GOVT LOT 6 TH N 2 FT TH E 334.67 FT TO SHR LK LEE TH S18 DEG 41' W ON SHR 2.11 FT TH W TO POB ALSO PRT GO
Legal Description
L293 P601 L339 P456-457 L395 P230-235/94 L248 P810 L247 P22 L983 P39 L1088 P762 L1089 P147 N 203 FT OF GOVT LOT 5 & 2 FT STRIP BEG 739 FT E OF SW COR GOVT LOT 6 TH N 2 FT TH E 334.67 FT TO SHR LK LEE TH S18 DEG 41' W ON SHR 2.11 FT TH W TO POB ALSO PRT GO
Utilities
Water source
Private
Water front features
Lake
Water front
1
Building Details
Year built
1906
Floors in Building
2
Number of units
19
Building materials
Frame
Roof type
Membrane, Asphalt
Architectural style
Cottage, Other
Additional Structures
Workshop
Listing Agency:
Key Realty One-TC
(231) 559-0351
Listed By:
Drew Warner
(734) 693-5696
Added: Aug 6
Changed: Sep 14
Last Checked: Sep 26 at 9:06AM
MLS# 1948996
Copyright © 2026 Northern Great Lakes Realtors MLS. 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 hotel property encompasses five buildings totaling 9,244 square feet on 4.33 acres in Leland, Michigan. The accommodation program includes 18 short-term rental units, while the historic 1906 main lodge provides innkeeper quarters, a main office, and a gift shop. Cottage-style improvements include porches, decks, hardwood floors, a great room, fireplaces, and a workshop.
The property includes 200 feet of private frontage across the road from North Lake Leelanau, with lake views and access to a private water source. Kayak and paddle board rentals are offered at the lakefront. Operations have recently followed a mid-April through late-October schedule, with a history of year-round operation. Zoning is identified as Residential, Commercial, and Re. The property is located at 1757 N Manitou Trail in Leland, within Leelanau County.
The property includes 200 feet of private frontage across the road from North Lake Leelanau, with lake views and access to a private water source. Kayak and paddle board rentals are offered at the lakefront. Operations have recently followed a mid-April through late-October schedule, with a history of year-round operation. Zoning is identified as Residential, Commercial, and Re. The property is located at 1757 N Manitou Trail in Leland, within Leelanau County.
Key Highlights
- Five buildings totaling 9,244 square feet
- 18 short‑term rental units
- 4.33‑acre hospitality property
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
18
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Explore this area
Business Placement
Demographics for 49654, MI
689
Population
675
Households
1
Avg Household Size
56
Median Age
61%
College-Educated
100%
High-School Grad
11.7 sq mi
ZIP Area
59
Density / Sq Mi
$119,107
Median Household Income
$33,958
Median Earnings
$691,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Hotel - Hospitality property with multiple buildings, short-term rental accommodations, and private frontage across the road from North Lake Leelanau.
Where is this hotel located?
The property is located at 1757 N Manitou Trail Leland, MI.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Five buildings totaling 9,244 square feet; 18 short‑term rental units; 4.33‑acre hospitality property
