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Waterfront Bed-and-Breakfast
New
For Sale
$2,300,000

7103 Lake View Ridge, Lake Ann, MI 49650

Commercial, Lake Ann, MI

Property Size3,936 SF
Lot Size5.63 Acres
Price / SF$584.35
Days on Market3

Property Features for 7103 Lake View Ridge

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Residential
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 1, Bathroom 6, Bathroom 5, Bathroom 2, Bathroom 3, Bathroom 4
Exterior features Wood
Directions From lake Ann take Reynolds Road N to Barber Road West to Lake View Ridge ("The Ridge" sign at the road).
Subdivision Benzie
Standard status Active
Size 3,936 SF
Lot size 5.63 Acres

Taxes and HOA fees

Tax Description See associated documents
Legal Description See associated documents

Utilities

Water source Private
Water front 1

Building Details

Building materials Frame
Roof type Metal
Listing Agency: REMAX Bayshore - Union St TC · RE/MAX International
Listed By: Christina Ingersoll · License #6501279134
Added: Sep 22 Changed: Sep 24 Last Checked: Sep 24 at 8:06PM
MLS# 1950879

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 operating bed-and-breakfast combines guest accommodations with a dedicated owner residence on a wooded waterfront setting. The guest area includes four studio-style suites, a shared lounge, separate parking, in-floor heat, and contemporary finishes. The attached residence provides a kitchen, living room, primary suite, and a heated 30x24 garage. Its finished walkout lower level adds two flex rooms, a full bath, living space, and plumbing for a future kitchen.

The property encompasses 5.63 acres and 402 feet of private frontage on no-wake Lake View. Outdoor features include wooded trails, a beach cabana, and direct access for kayaking and paddleboarding. The property is located one minute from Lake Ann and approximately 15 minutes from Traverse City. It has been split, and zoning permits accessory dwellings.

Key Highlights

  • Operating bed‑and‑breakfast with four studio‑style guest suites
  • 5.63 wooded acres with 402 feet of private Lake View frontage
  • Attached owner residence with main‑floor living and heated 30x24 garage

Property Analytics

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Current Use

Bed & breakfasts

Suggested Use

Top Pick Parking Lot & Garage Building Supply Dental Office Big Box & Wholesale Store Garden Center Hair Salon

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

13
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Bed & breakfast - Operating lodging property with four guest suites, a separate owner residence, wooded acreage, and private 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 $2,300,000.
What are key features of this property?
This property features: Operating bed‑and‑breakfast with four studio‑style guest suites; 5.63 wooded acres with 402 feet of private Lake View frontage; Attached owner residence with main‑floor living and heated 30x24 garage
More about this property
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