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Newberry, MI Resorts for Sale

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Mcmillan, MI Engadine, MI Curtis, MI Naubinway, MI Hulbert, MI Paradise, MI Germfask, MI Columbus, MI
Turnkey Waterfront Resort Property
Updated: Jul 15
Turnkey Waterfront Resort Property

16878 County Road 505, Newberry, MI 49868

$1,595,000
7,600 sqft 25.00 AC lot
Approximately 25‑acre Halfway Lake waterfront resort with nearly 1,700 feet of private lake frontage
Includes eight rental cabins plus a guest house, owner’s residence, garage, and pole barn
Year built: 1970
Waterfront location with Lake access; utilities include propane with well water and septic tank sewer
Roof includes composition and metal materials; wood siding construction
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Turnkey Waterfront Resort Cottages
Updated: Jul 15
Turnkey Waterfront Resort Cottages

Newberry, MI 49868

$1,595,000
25.00 AC lot
Turnkey waterfront resort on approximately 25 acres with nearly 1,700 ft of frontage on private Halfway Lake
Includes eight rental cabins plus a guest house
Owner's residence, garage, and pole barn included
Located in Michigan's eastern Upper Peninsula near Tahquamenon Falls and extensive trail systems
Established business with recreational access to private lake
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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 Newberry, 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.

Waterfront Resort
Waterfront Resort

32544 S BOBBY Drive, Drummond Island, MI 49726

$799,000
2,890 sqft

Turnkey resort on Maxton Bay with direct waterfront access, remodeled lodge and multiple cabins for guest stays.

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Wedding Venue and Barn Property
Wedding Venue and Barn Property

55 S Hope Ridge, Traverse City, MI 49696

$3,500,000
16,208 sqft 40.76 AC lot

40-plus-acre wedding venue property with eight homes, four large barns, and private well and shared septic service.

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Destination Wedding and Retreat Property
Destination Wedding and Retreat Property

Traverse City, MI 49696

$3,500,000

A 40-acre hospitality property with eight homes, four large barns, and capacity for over 60 guests.

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Drummond Island Resort and RV
Drummond Island Resort and RV

Drummond Island, MI 49726

Contact for pricing
5,500 sqft

Turnkey resort and RV park with waterfront access.

View details

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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Golf Course Lot in Gaylord
Golf Course Lot in Gaylord

Par B-C Northstar Road, Gaylord, MI 49735

$45,000
2.00 AC lot

2-acre golf course lot with amenities near I-75.

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Buildable Lot in Gated Community
Buildable Lot in Gated Community

526 Fountains Drive, Lewiston, MI 49756

Contact for pricing

Buildable lot in Garland Lodge and Golf Resort, Lewiston, MI.

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Riverfront Resort and Outfitting Business
Riverfront Resort and Outfitting Business

6160 Rollaway Road, Hale, MI 48739

$175,000
1,800 sqft 4.50 AC lot

Resort and outfitting operation with cabin rentals and watercraft inventory, supported by remaining permit and lease terms.

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Newberry, MI Resorts Market Trends and Statistics

Explore 2 resorts for sale in Newberry, MI on our real estate platform. These investment opportunities span a total of 7,600 square feet of properties for sale, with an estimated market value of $3,190,000.

Sale prices for resorts in Newberry, MI average $1,595,000 — 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 5,231
Population Growth (5Y) -1.0%
Median Household Income $53,651
College Educated 27.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49868 $1.6M

Taxes & Financing

Tax Rate (average for all types) 3.36%
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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