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Turnkey Bed-and-Breakfast on Wooded Acres
For Sale
$2,500,000

7103 Lake View Ridge, Lake Ann, MI 49650

Boutique bed-and-breakfast on 5.5 acres with lake frontage.

Property SizeContact for details
Lot Size5.50 Acres
Days on Market124

Property Features for 7103 Lake View Ridge

General Information

Standard status Active
Lot size 5.50 Acres
Property subtype Hospitality

Building Details

Year Built 2023
Listing Agency: Coldwell Banker Schmidt Traverse City
Listed By: Mark Hagan · License #6506006708
Source: Cbcworldwide
Added: Apr 8 Changed: Jul 10 Last Checked: Jul 8 at 5:25AM

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 Coldwell Banker Schmidt Traverse City

Investment Insights

Based on property information with market context.

This turnkey boutique bed-and-breakfast is situated on more than 5.5 private wooded acres with 402 feet of frontage on Lake View, a peaceful no-wake lake. The property offers a Northern Michigan experience that blends natural beauty, thoughtful design, and income potential. The contemporary Scandinavian aesthetic creates a cohesive, modern guest experience throughout. Four identical studio-style guest suites feature in-floor heat and high-end finishes, centered around a welcoming lounge designed for gathering and relaxation. A separate guest parking area allows for ease of access and seamless operations. The property's wooded trails, abundant wildlife, and expansive private shoreline are suited for kayaking, paddleboarding, and lakeside enjoyment. A charming beach cabana adds flexible space for additional guests or unique rental offerings. Located one minute from Lake Ann, approximately 15 minutes from the shopping, dining, and wineries of Traverse City, and a short drive to Sleeping Bear Dunes National Lakeshore and Crystal Mountain, the setting offers both privacy and proximity to Northern Michigan's destinations. The attached owner's residence provides comfortable on-site living, with a main-level kitchen, living room, primary suite, and heated 30x24 garage. The finished lower level includes two flex rooms, bath, spacious living area with walkout access, and is plumbed for a future kitchen, ideal for expansion or private guest quarters. The property is already split and zoning allows accessory dwellings, presenting potential for future growth, brand expansion, or continued success as a short-term rental or boutique hospitality venture.

Key Highlights

  • Turnkey boutique bed‑and‑breakfast on 5.5 wooded acres with 402 feet of private frontage on a no‑wake lake.
  • Four studio‑style guest suites with in‑floor heat and high‑end finishes, plus a central lounge.
  • Attached owner's residence with main‑level living, primary suite, and heated garage, plus a finished lower level plumbed for a future kitchen.

Property Analytics

Current Use

Bed & breakfasts

Suggested Use

Top Pick Garden Center Hair Salon Storage Facility Daycare Center (Bike/Boat/Book/etc) Store Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49650, MI

3,215
Population
1,451
Households
2.2
Avg Household Size
41
Median Age
38%
College-Educated
98%
High-School Grad
24.0 sq mi
ZIP Area
134
Density / Sq Mi
$91,108
Median Household Income
$43,858
Median Earnings
$1,303
Median Rent
$238,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Bed & breakfast - Boutique bed-and-breakfast on 5.5 acres with lake frontage.
Where is this bed & breakfast located?
The property is located at 7103 Lake View Ridge Lake Ann, MI.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Turnkey boutique bed‑and‑breakfast on 5.5 wooded acres with **402 feet of private frontage on a no‑wake lake.**; Four studio‑style guest suites with **in‑floor heat and high‑end finishes**, plus a central lounge.; Attached owner's residence with main‑level living, primary suite, and heated garage, plus a finished lower level plumbed for a future kitchen.
More about this property
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