4492 Co Road 489 Onaway, MI 49765

Listing agency Coldwell Banker Commercial Schmidt, Realtors Traverse City

Listed by Andy Stireman · License #MI

Source Crexi

Added: Apr 12 Updated: Jul 22 at 2:26AM Checked: Jul 22 at 2:26AM

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Investment Insights

Based on property information with market context.

This beachfront resort includes a main home with 3 bedrooms and 2 bathrooms, a detached heated 2-car garage with an attached bathroom, and a 32' x 16' pole barn. The property also features seven cottages that are fully furnished and described as being in good, clean condition, including five 3BR/1BA units and two 2BR/1BA units. Several structures are noted as sitting on their own individually taxed parcel.

The resort offers nearly 600 feet of waterfront with sandy beach frontage on Black Lake, along with several boat slips on the Rainy River and a private boat launch. It has been owned and operated by Bob & Lynn Schell for about 50 years.

Access directions are provided from Onaway via M-211 to a stop sign, then right on Bonz Beach Hwy which veers left and becomes County Road 489. Please note the stated reservation and deposit terms for 2022 renters with 2023 reservations, which vary depending on whether the resort sells in 2022 or 2023.

Key Highlights

• Beachfront resort on Black Lake with nearly 600' of waterfront featuring sandy beach.
• Main home offers 3BR/2BA and nearly 2,000 SF, plus a detached heated 2‑car garage with a bathroom.
• Includes 7 furnished cottages: five 3BR/1BA and two 2BR/1BA in good, clean condition.

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FAQs

What type of property is this?

Resort - Well-maintained resort with a main home and furnished cottages, nearly 600 feet of sandy waterfront, and private boating access.

Where is this resort located?

The property is located at 4492 Co Road 489 Onaway, MI.

What are key features of this property?

This property features: Beachfront resort on Black Lake with nearly 600' of waterfront featuring sandy beach.; Main home offers 3BR/2BA and nearly 2,000 SF, plus a detached heated 2‑car garage with a bathroom.; Includes 7 furnished cottages: five 3BR/1BA and two 2BR/1BA in good, clean condition.