Furnished Resort Rental
For Sale
$3,800,000
2960 Arbutus Hill Road Traverse City, Traverse City, MI 49696
Resort property with 19 fully furnished 1–2–3 bedroom rental units plus a four-bedroom main residence on 36+ acres.
Property SizeContact for details
Lot Size36.00 Acres
Days on Market30
Property Features for 2960 Arbutus Hill Road Traverse City
General Information
Standard status
Active
Lot size
36.00 Acres
Zoning
COMM - RES
Additional Details
Business Included
Yes
Multifamily Units
19
Amenities
Yes
22
No
Broadband
Real Estate,Furniture
Private Water,Well
36.5
370 x 162 x 160 x 454 x 1070 x 1800
0.0
30
Building Details
Year Built
1955
Buildings
30
Listing Agency:
(269) 399-5881
Listed By:
Brad Houser
(269) 399-5881
Source:
Remax-executive
Added: Jul 13
Changed: Aug 8
Last Checked: Aug 11 at 4:48AM
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 Brad Houser
Investment Insights
Based on property information with market context.
This resort-style property offers over thirty-six acres featuring nineteen tastefully decorated, fully furnished individual rental units with 1-, 2-, and 3-bedroom layouts, along with a beautiful four-bedroom main residence. Units are described as very well maintained, providing an owner with an established on-site rental configuration.
The property is located eight miles south of the Cherry Capital Airport and is near the Brown Bridge Trailhead and the Arbutus chain of lakes, with access to area parks and recreational opportunities.
The combination of multiple furnished rental units and a separate main residence creates a straightforward, self-contained setup for an owner/operator or investor seeking a hospitality and short-term rental-focused asset.
The property is located eight miles south of the Cherry Capital Airport and is near the Brown Bridge Trailhead and the Arbutus chain of lakes, with access to area parks and recreational opportunities.
The combination of multiple furnished rental units and a separate main residence creates a straightforward, self-contained setup for an owner/operator or investor seeking a hospitality and short-term rental-focused asset.
Key Highlights
- 36.5‑acre Northern Michigan resort property with 19 fully furnished 1–2–3 bedroom rental units
- Also includes a four‑bedroom main residence
- 30 buildings on site; year built 1955
Property Analytics
Property Profile
Current Use
Lease Details
19
Residential units
Turnkey business
Opportunity
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Resort - Resort property with 19 fully furnished 1–2–3 bedroom rental units plus a four-bedroom main residence on 36+ acres.
Where is this resort located?
The property is located at 2960 Arbutus Hill Road Traverse City 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: 36.5‑acre Northern Michigan resort property with 19 fully furnished 1–2–3 bedroom rental units; Also includes a four‑bedroom main residence; 30 buildings on site; year built 1955
