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    Elk Rapids, MI
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    Elk Rapids, MI Resorts for Sale

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    Rapid City, MI Kewadin, MI Traverse City, MI Williamsburg, MI Alden, MI Bellaire, MI Acme, MI Suttons Bay, MI
    Cottage Resort Near Bay
    Updated: Sep 4
    Cottage Resort Near Bay

    917 S Bayshore Drive, Elk Rapids, MI 49629

    $1,750,000
    4,000 sqft 5.88 AC lot
    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
    4,000 square feet of property improvements
    Across from Elk Rapids Day Park with public access to a quarter‑mile East Grand Traverse Bay shoreline
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    Restored Cottage Court Resort
    Updated: Aug 13
    Restored Cottage Court Resort

    917 S Bayshore Drive, Elk Rapids, MI 49629

    $1,750,000
    4,000 sqft 5.88 AC lot
    Restored 1938 cottage court with 10 individual cottages
    Nine cottages currently participate in the rental program
    Guest accommodations range from a 160‑square‑foot efficiency to a two‑bedroom retreat
    Combined lodging capacity of up to 28 guests
    New flooring, electrical, and plumbing throughout the cottages
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    Restored Cottage Court Resort
    Restored Cottage Court Resort

    917 S Bayshore Drive, Elk Rapids, MI 49629

    $1,750,000
    5.00 AC lot

    Ten renovated cottages with shared outdoor gathering areas sit across from public beach access.

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    See hot listings in Elk Rapids

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 3 Active listings in Elk Rapids, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Boardman Riverfront Resort
    Boardman Riverfront Resort

    6841 Brown Bridge Road, Traverse City, MI 49696

    $2,950,000
    10,404 sqft 40.00 AC lot

    Lodging, dining, campsites, recreation facilities, and event space bring multiple operations together on one resort property.

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    Four-Season Riverfront Resort
    Four-Season Riverfront Resort

    6841 Brown Bridge Road, Traverse City, MI 49696

    $3,500,000
    10,404 sqft 40.00 AC lot

    Multi-use hospitality property combining lodging, dining, recreation, camping, and event facilities in a natural setting.

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    Retail Store,Recreational/Resort,Bed & Breakfast - Honor, MI
    Retail Store,Recreational/Resort,Bed & Breakfast - Honor, MI

    11481 Main St, Honor, MI 49640

    $750,000
    3,715 sqft 10.00 AC lot

    Cedar Ridge Cabins – Turnkey 8-Unit Cabin Resort on Nearly 10 Acres with Expansion Potential in Honor, Michigan

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    8-Unit Cabin Resort
    8-Unit Cabin Resort

    11481 Main Street, Honor, MI 49640

    $750,000
    3,715 sqft 4.98 AC lot

    Wood-frame hospitality property with studio and one-bedroom accommodations, private decks, and direct access to the Platte River.

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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.

    Wooded Resort Homesite Land Parcel
    Wooded Resort Homesite Land Parcel

    207 Shadow Glen, Bellaire, MI 49615

    Contact for pricing
    0.75 AC lot

    Build a private home on a wooded homesite with a perk test on file and key utilities available.

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    Elk Rapids, MI Resorts Market Trends and Statistics

    Explore 3 resorts for sale in Elk Rapids, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 8,000 square feet of properties for sale, with an estimated market value of $5,250,000.

    Sale prices for resorts in Elk Rapids, MI average $1,750,000 — 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

    Resorts 3

    Demographics Overview

    Population 2,037
    Population Growth (5Y) +0.1%
    Median Household Income $74,318
    College Educated 62.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49629 $1.8M

    Taxes & Financing

    Tax Rate (average for all types) 1.89%
    Property Tax per SF $21.92 per SF
    Tax Rate vs County Average 0.43 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Antrim County

    New Delisted

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