Resort with Furnished Rental
For Sale
$3,800,000
2960 Arbutus Hill Road, Traverse City, MI 49696
Own a fully furnished resort operation with 19 rental units and a four-bedroom residence on a nature preserve setting.
Lot Size36.00 Acres
Days on Market165
Property Features for 2960 Arbutus Hill Road
General Information
Standard status
Active
Lot size
36.00 Acres
Property subtype
General Commercial
Additional Details
Multifamily Units
19
Building Details
Year Built
1955
Listing Agency:
Traverse City Realty
(231) 929-4737
Listed By:
Brenda Irish-Heintzelman
(231) 929-4737
Source:
Xome
Added: Feb 16
Changed: Jul 10
Last Checked: Jul 16 at 7:28AM
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 Traverse City Realty
Investment Insights
Based on property information with market context.
This property is a resort-style hospitality offering set on over thirty-six acres, featuring nineteen tastefully decorated, very well maintained, fully furnished individual rental units with one- to three-bedroom layouts. In addition to the rental units, there is a beautiful four-bedroom main residence, providing space for owner use or additional hosting capacity. The units are presented as ready for guest occupancy, supported by their furnished condition.
Located in Northern Michigan, the remarks indicate it’s eight miles south of the Cherry Capital Airport, with access to the amenities of the Traverse City area while still providing a private, nature-focused environment. The property is described as being near the Brown Bridge Trailhead and the Arbutus chain of lakes, with surrounding opportunities for parks and outdoor recreation. The setting is positioned around hiking, canoeing, tennis, fishing, snowmobiling, and birdwatching based on the provided description.
For buyers, this configuration can fit an owner-operator looking to manage a small, self-contained resort comprised of multiple furnished rentals, along with a separate residence on-site. The on-property unit mix may appeal to a range of short-term guest needs, from smaller stays to larger groups, while the surrounding trail and lake access supports an outdoor recreation-driven guest experience.
Located in Northern Michigan, the remarks indicate it’s eight miles south of the Cherry Capital Airport, with access to the amenities of the Traverse City area while still providing a private, nature-focused environment. The property is described as being near the Brown Bridge Trailhead and the Arbutus chain of lakes, with surrounding opportunities for parks and outdoor recreation. The setting is positioned around hiking, canoeing, tennis, fishing, snowmobiling, and birdwatching based on the provided description.
For buyers, this configuration can fit an owner-operator looking to manage a small, self-contained resort comprised of multiple furnished rentals, along with a separate residence on-site. The on-property unit mix may appeal to a range of short-term guest needs, from smaller stays to larger groups, while the surrounding trail and lake access supports an outdoor recreation-driven guest experience.
Key Highlights
- Nature preserve setting on over 36 acres, including 19 fully furnished 1-, 2-, and 3‑bedroom rental units
- Additional four‑bedroom main residence on the same property
- Located about 8 miles south of Cherry Capital Airport (Traverse City, Michigan area)
Property Analytics
Property Profile
Current Use
Lease Details
19
Residential units
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Explore this area
Business Placement
Demographics for 49696, MI
9,528
Population
5,005
Households
1.9
Avg Household Size
43
Median Age
41%
College-Educated
96%
High-School Grad
68.7 sq mi
ZIP Area
139
Density / Sq Mi
$96,138
Median Household Income
$46,893
Median Earnings
$1,309
Median Rent
$289,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Resort - Own a fully furnished resort operation with 19 rental units and a four-bedroom residence on a nature preserve setting.
Where is this resort located?
The property is located at 2960 Arbutus Hill Road Traverse City, MI.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: Nature preserve setting on over 36 acres, including 19 fully furnished 1-, 2-, and 3‑bedroom rental units; Additional four‑bedroom main residence on the same property; Located about 8 miles south of Cherry Capital Airport (Traverse City, Michigan area)
