Residential Income

Gould City, MI Residential Income Properties for Sale

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Engadine, MI Curtis, MI Germfask, MI Gulliver, MI Mcmillan, MI Naubinway, MI Newberry, MI Manistique, MI
Waterfront Resort With Rental Cabins
Updated: Aug 13
Waterfront Resort With Rental Cabins

17461 W NORTON RD., Gould City, MI 49838

$1,425,000
3.75‑acre waterfront resort property on South Manistique Lake
400 feet of direct lake frontage
11 operating rental cabins
On‑site log residence with 2 bedrooms, 2 bathrooms, and 1,600 square feet
Weekly cabin rental model with summer peak demand and winter weekend occupancy
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Waterfront Cabin Resort
Updated: Jul 8
Waterfront Cabin Resort

17461 W Norton Rd., Gould City, MI 49838

$1,425,000
3.75 acres of lakefront property on South Manistique Lake
400 feet of direct lake frontage
11 fully operating rental cabins
On‑site log residence with 2 bedrooms, 2 bathrooms, and 1600 sq feet
Established booking system supports resort operations
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Gould City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Short-Term Rental Lodge
Short-Term Rental Lodge

N 8928 N Boot Lake Road Unit SourceFi, Manistique, MI 49854

$650,000
3,456 sqft

Wooded lodge property includes a commercial-grade kitchen and event-oriented outdoor spaces.

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Approved Condominium Development Opportunity
Approved Condominium Development Opportunity

788 Fairways Drive, Harbor Springs, MI 49740

$1,300,000
2,500 sqft

Approved 20-unit luxury condominium development opportunity at Birchwood Golf & Country Club.

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Duplex with Covered Porch
Duplex with Covered Porch

219 Walnut Street, Manistique, MI 49854

$129,900
2,503 sqft 0.14 AC lot

Duplex configured home with covered porch, forced-air heating, and public water, with rooms suited for multi-tenant living.

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Mixed-Use Property with Residence
Mixed-Use Property with Residence

236 E Main Street, Harbor Springs, MI 49740

Contact for pricing

Downtown building combines commercial space with a private rear residence and approved short-term rental licensing.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Lake Michigan Waterfront Estate
Lake Michigan Waterfront Estate

4264 FF Top O' the Lake Road, Gulliver, MI 49840

$7,700,000
120.00 AC lot

Remarkable 120-acre estate with 4,264 feet of sugar-sand beach.

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Lake Michigan Waterfront Land Parcel
Lake Michigan Waterfront Land Parcel

1396 FF Top O' the Lake Road, Gulliver, MI 49840

$2,700,000
47.00 AC lot

47 acres with 1,396 feet of Lake Michigan frontage.

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Gulliver Lake Waterfront Land Parcel
Gulliver Lake Waterfront Land Parcel

W N Gulliver Lake Road, Gulliver, MI 49840

$110,000
4.51 AC lot

Large 4.5+ acre parcel on Gulliver Lake's north shore.

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Gulliver Waterfront Land Parcel
Gulliver Waterfront Land Parcel

463 FF Top O' the Lake Road, Gulliver, MI 49840

$950,000
10.57 AC lot

10+ acre parcel with 463' of private Lake Michigan beach.

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Gould City, MI Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Gould City, MI on our real estate platform.

Sale prices for residential income properties in Gould City, MI average $1,425,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 2
Short term rental properties 2

Demographics Overview

Population 434
Population Growth (5Y) -14.4%
Median Household Income $39,773
College Educated 16.8%

High-Yield Neighborhoods for Investment

Identify Gould City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49838 $1.4M

Taxes & Financing

Tax Rate (average for all types) 2.57%
Tax Rate vs County Average 1.06 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Mackinac County

New Delisted

Total CRE Inventory on Market (SF)

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