Nikki Trombley - Arterra Realty Logo
$4,200,000
( $454.35Per Sq Foot )
 $22,547 est/mo Sourced by Back At You

1757 N Manitou Trail,Leland, MI 49654

Leland, MI 49654

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Description

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.

Details

MLS #80072039
Listing TypeFor Sale
StyleBusiness
Sub-TypeResale
StatusActive
Year1906
Days On Site57
Listing Provided ByKey Realty One-TC | Drew Warner

Features

SQ Feet9,244
BasementY
ZoningCommercial,Residential
Acreage4.33
Water FrontYes

Interior

Cooling Yes / NoYes
CoolingWall/Window Unit(s)
Heating Yes / NoYes
HeatingWall Furnace, Baseboard, Forced Air, Hot Water

Exterior

RoofAsphalt
Security FeaturesFire Sprinkler System
Construction MaterialsFrame, Shingle Siding, Wood Siding
Foundation DetailsBasement, Crawl, Slab

Parking

Parking Features21+ Spaces

Utilities

UtilitiesElectricity Connected, Natural Gas Connected

Other

List AorAspire North REALTORS

Area Information

StateMI
CountyLeelanau
CityLeland
Zip Code49654
AreaLeland Twp (45009)
Community NameWhaleback Inn
Listing VS Median (in Whaleback Inn)
Price:
$4,200,000
low | high
Med:
$4,200,000
50% of Average
sqft:
9,244
low | high
Med:
9,244
50% of Average
$ / sqft:
$454
low | high
Med:
$454
50% of Average
On site:
57
low | high
Med:
57
100% of Average
Sourced by Back At You

Market Activity 49654

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Additional Information

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Learn More About This Property

Nikki Trombley

Nikki Trombley

Arterra

 (586) 255-1223salesbynikki@gmail.com
StateMI
CountyLeelanau
CityLeland
Zip Code49654
AreaLeland Twp (45009)
Community NameWhaleback Inn
Listing VS Median (in Whaleback Inn)
Price:
$4,200,000
low | high
Med:
$4,200,000
50% of Average
sqft:
9,244
low | high
Med:
9,244
50% of Average
$ / sqft:
$454
low | high
Med:
$454
50% of Average
On site:
57
low | high
Med:
57
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 4:46:22 AM PDT