Elk Rapids, MI Resorts for sale

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

10‑cottage resort with 9 units in the rental program
Guest accommodations range from a 160‑square‑foot efficiency to a two‑bedroom retreat
Rental operation can host up to 28 guests
New flooring, electrical, and plumbing throughout
Shared fire pit, group dining area, and lawn space

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Updated: Aug 13

Restored Cottage Court Resort

917 S Bayshore Dr, Elk Rapids, MI 49629

$1,750,000

4,000 sqft 5.00 AC lot

Five wooded acres with a restored 1938 cottage court
10 individual cottages, with 9 currently in the rental program
Cottage sizes range from a 160‑square‑foot efficiency to a two‑bedroom retreat
Combined lodging capacity of up to 28 guests
Shared fire pit, group dining area, and lawn space

View details

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 7 Potential Opportunities for your consideration. Besides 2 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.

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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Four-Season Resort with River Frontage

6841 Brown Bridge Road, Traverse City, MI 49696

$3,500,000

10,404 sqft 40.00 AC lot

Ranch Rudolf offers 15 motel units, a full-service restaurant, and 1,300 feet of private Boardman River frontage.

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Cabin Resort with River Access

11481 Main Street, Honor, MI 49640

$750,000

3,715 sqft 4.98 AC lot

8-cabin resort with private decks, WiFi, and direct Platte River access on nearly five acres.

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Four-Season Resort with River Frontage

6841 Brown Bridge Road Unit SourceFi, Traverse City, MI 49696

$3,500,000

10,404 sqft 40.00 AC lot

Four-season resort offering 15 motel units, restaurant with liquor license, campsites, and 1,300 feet of private Boardman River frontage.

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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

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 2 resorts for sale in Elk Rapids, MI 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 $3,500,000.

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.