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Cottage Resort Near Bay
New
For Sale
$1,750,000

917 S Bayshore Drive, Elk Rapids, MI 49629

Multi-Family, Cottage, Bed & Breakfast, Elk Rapids, MI

Property Size4,000 SF
Lot Size5.88 Acres
Price / SF$437.50
Days on Market4

Property Features for 917 S Bayshore Drive

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential,Other,Rental
Zoning description Residential, Rental History
Exterior features Landscaped
Elementary school district Elk Rapids Schools
Middle school district Elk Rapids Schools
High school district Elk Rapids Schools
Directions From downtown Elk Rapids, head toward Spruce St for 0.3 mi, then continue onto S Bay Shore Dr. Destination will be on the left.
Subdivision Antrim
Standard status Active
Size 4,000 SF
Lot size 5.88 Acres

Taxes and HOA fees

Tax Description Lengthy Legal
Legal Description Lengthy Legal

Amenities

shared fire pit
group dining area
lawn space

Building Details

Year built 1950
Number of units 10
Building materials Frame
Roof type Asphalt
Architectural style Cottage, Other
Listing Agency: REMAX Bayshore - West Shore Dr TC · RE/MAX International
Listed By: BJ Brick · License #6501378609
Added: Sep 4 Changed: Sep 7 Last Checked: Sep 7 at 12:06PM
MLS# 1950229

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 cottage resort includes 10 individual cottages and an on-site owners’ residence within a wooded property. The improvements total 4,000 square feet and feature frame construction, asphalt roofing, landscaped grounds, and cottage-style architecture. Nine cottages participate in the rental program, with accommodations ranging from a 160-square-foot efficiency to a two-bedroom retreat. Collectively, the cottages can host up to 28 guests. Interior work includes new flooring, electrical systems, and plumbing, while shared amenities include a fire pit, group dining area, and lawn space.

The property is located at 917 S Bayshore Drive in Elk Rapids, Michigan, directly across from Elk Rapids Day Park. The park provides public beach access along a quarter-mile stretch of East Grand Traverse Bay shoreline. Zoning is identified as Residential, Other, and Rental. The property also includes repurposed-material furnishings and decor throughout the guest accommodations.

Key Highlights

  • 10 individual cottages, with 9 currently participating in the rental program
  • Accommodations range from a 160‑square‑foot efficiency to a two‑bedroom retreat
  • Cottages can collectively host up to 28 guests

Property Analytics

Current Use

Paradise Pines Resort Hotel & Motel

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Repair Shop (Bike/Boat/Book/etc) Store Furniture & Home Goods Grocery & Convenience Store

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

Lease Details

10
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

44
Businesses Nearby

Demographics for 49629, MI

1,997
Population
1,696
Households
1.2
Avg Household Size
60
Median Age
46%
College-Educated
99%
High-School Grad
3.8 sq mi
ZIP Area
526
Density / Sq Mi
$74,318
Median Household Income
$46,250
Median Earnings
$1,032
Median Rent
$347,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Resort - Restored cottage accommodations with shared outdoor gathering areas and public beach access across the street.
Where is this resort located?
The property is located at 917 S Bayshore Drive Elk Rapids, MI.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 10 individual cottages, with 9 currently participating in the rental program; Accommodations range from a 160‑square‑foot efficiency to a two‑bedroom retreat; Cottages can collectively host up to 28 guests
More about this property
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