1757 N Manitou Trail Leland, MI 49654
Estimated payment $32,184/month
Highlights
- Private Waterfront
- Private Dock
- Sandy Beach
- Deeded Waterfront Access Rights
- Guest House
- Bluff on Lot
About This Home
Say hello to an amazing and iconic investment opportunity in coveted Leelanau County, one mile south of historic Leland, Michigan. 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. Please note that all 2025 bookings must be honored. The current operating schedule is mid April to late October. 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,757
Year Built
- Built in 1906
Lot Details
- 4.33 Acre Lot
- Private Waterfront
- 203 Feet of Waterfront
- Sandy Beach
- Bluff on Lot
- Sprinkler System
- The community has rules related to zoning restrictions
Home Design
- Cottage
- Stone Foundation
- Slab Foundation
- Frame Construction
- Membrane Roofing
- Asphalt Roof
- Wood Siding
- Shingle Siding
Interior Spaces
- 9,244 Sq Ft Home
- 2-Story Property
- Free Standing Fireplace
- Great Room
- Workshop
- Wood Flooring
- Water Views
- Fire and Smoke Detector
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Recirculated Exhaust Fan
- Microwave
- Freezer
- Dishwasher
Laundry
- Dryer
- Washer
Basement
- Partial Basement
- Crawl Space
Outdoor Features
- Deeded Waterfront Access Rights
- Private Dock
- Lake Privileges
- Deck
- Porch
Additional Homes
- Guest House
Utilities
- Forced Air Heating and Cooling System
- Cooling System Mounted In Outer Wall Opening
- Multiple Heating Units
- Baseboard Heating
- Heating System Mounted To A Wall or Window
- Well
- Electric Water Heater
- Water Softener is Owned
- Cable TV Available
Community Details
Overview
- 19 Units
- Whaleback Inn Community
Amenities
- Common Area
Recreation
- Water Sports
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $20,757 | $1,043,400 | $0 | $0 |
| 2024 | $17,177 | $1,092,100 | $0 | $0 |
| 2023 | $16,240 | $1,032,900 | $0 | $0 |
| 2022 | $18,726 | $815,900 | $0 | $0 |
| 2021 | $17,856 | $749,500 | $0 | $0 |
| 2020 | $17,946 | $673,400 | $0 | $0 |
| 2019 | $17,205 | $554,200 | $0 | $0 |
| 2018 | -- | $480,400 | $0 | $0 |
| 2017 | -- | $481,100 | $0 | $0 |
| 2016 | -- | $478,000 | $0 | $0 |
| 2015 | -- | $475,700 | $0 | $0 |
| 2014 | -- | $473,300 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/09/2025 01/09/25 | For Sale | $5,600,000 | -- | $606 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,840,525 | -- | |
| Deed | -- | -- |
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1929994
APN: 009-016-052-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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