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1757 N Manitou Trail

Leland, Michigan 49654
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Bed 0

Bed

Bath 0

Bath

Acres4.33

Acres(Lot)

Iconic investment property in Leland, Michigan, now offered at recently appraised value. Boasting five buildings totaling 9,244 square ft, 18 short term rental units, 4-plus beautiful acres, world class lake views and 200 ft of across-the-road private frontage on North Lake Leelanau, this is a stunning property currently run as a profitable hotel with an average of 4.8 star reviews. The historic 1906 main lodge functions as an innkeeper's quarters and main office/gift shop. Kayak and paddle board rentals are offered at the lakefront. The current operating schedule is mid April to late October but in the past the hotel has operated all 12 months. Detailed list of property and building improvements as well as financials are available upon request. Owner is a licensed real estate agent in the state of Michigan.

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Detail Ic Property Details

Property Type : Multifamily

Price : $4,200,000

AD Id : 89166035

MLS Id : 78080072040

Lot Size : 4.33 Acres

Year Built : 1906

County : Leelanau

Subdivision: Walter Wisner Add

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Map

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Feature Features

  • Room Information

    Porches: Deck,Porch
  • Heating & Cooling

    Cooling: Wall Unit(s) Heating: Baseboard,Forced Air,Hot Water,Wall Furnace Heating Fuel: Electric,Natural Gas

    Water Heater

    Electric

  • Building Information

    Year Built: 1906 Building Stories: 1 Story Total Units: 19 Foundation/Basement: Crawl,Slab,Basement
  • Utility Features

    Sewer: Septic Tank (Existing)
  • Water

    Well (Existing) Water Heat: Electric

  • Lot Information

    Lot Size: 4.33 Lot Dimensions: Irregular Waterfront: All Sports Lake,Dock Facilities Waterfront Description: Water Front,Lake/River Priv
  • Property Information

    Subdivision: Whaleback Inn Financing: Cash,Trade/Exchange

  • Listing Price Information

    Original List Price: $4,200,000
  • Listing Information

    Possession: At Close Legal Description: L293 P601 L339 P456-457 L395 P230-235/94 L248 P810 L247 P22 L983 P39 L1088 P762 L1089 P147 N 203 FT OF GOVT LOT 5 & 2 FT STRIP BEG 739 FT E OF SW COR GOVT LOT 6 TH N 2 FT TH E 334.67 FT TO SHR LK LEE TH S18 DEG 41' W ON SHR 2.11 FT TH W TO POB ALSO PRT GO

  • Tax Information

    Parcel Number: 4500901605200
  • Possession

    At Close
  • Legal Information

    Legal Description: Section: L293 P601 L339 P456-457 L395 P230-235/94 L248 P810 L247 P22 L983 P39 L1088 P762 L1089 P147 N 203 FT OF GOVT LOT 5 & 2 FT STRIP BEG 739 FT E OF SW COR GOVT LOT 6 TH N 2 FT TH E 334.67 FT TO SHR LK LEE TH S18 DEG 41' W ON SHR 2.11 FT TH W TO POB ALSO PRT GO

  • School Information

    School District: Leland
  • Utility Information

    Water: Well (Existing) Sewer: Septic Tank (Existing)
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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 08/08/2026 @ 14:09

MLS: 78080072040 LISTED BY: Drew Warner , Key Realty One-TC 231-559-0351 SOURCE: Realcomp II Ltd

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