$1,850,000

4871 U S 31 Kewadin, MI 49648

Estimated payment $10,607/month

Total Views 4,025
16 Beds
15 Baths
4,800 Sq Ft
$385 Price per Sq Ft

Highlights

  • Doorman
  • Open Floorplan
  • Separate Outdoor Workshop
  • View of Trees or Woods
  • Furnished
  • 2 Car Detached Garage

About This Home

Income-earning and living opportunities like this only come along once in a lifetime. Located in one of the most picturesque locations in Michigan, minutes to Torch Lake & Lake Michigan, and a short drive to Elk Rapids or Charlevoix. Situated very close to a beautiful State Park (Barnes) along the shores of Lake Michigan & in proximity to an abundance of restaurants, wineries, vineyards, and orchards. Updated in 2016 with the addition of 6 new standalone cottages and a complete update of the 8 other motel rooms. The highly sought-after and highly reviewed Torch Bay Inn not only features updated and very welcoming rooms, but is also maintained and operated by its owners to make every guest feel like family and provide a relaxing and enjoyable stay. The pride of ownership is abundant from the time you walk in to the time you spend enjoying the patio, gardens, and the gas fire pit seating area. The property features a large 2-bedroom living area that could accommodate a full-time live-in manager or an on-site owner operator, ample parking for guests, an oversized 2 stall garage/workshop, an expanded area for boat trailers & campers, plus enough land to expand the operations for more cabins. Meticulously maintained, and attention to detail went into every aspect of this high-producing gem of a property. Income statements and disclosures are available upon request with a signed NDA. More pictures and video will be uploaded on Sept 15, 2025. Stay tuned for an incredible tour.

Listing Agent

Tom Rumble

eXp Realty Listed on: 09/05/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,000

Year Built

  • Built in 1959 | Remodeled in 2016

Lot Details

  • 2.78 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 4,800 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Living Room
  • Stone Flooring
  • Views of Woods
  • Alarm System

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 15 Full Bathrooms

Outdoor Features

  • Patio
  • Separate Outdoor Workshop

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • Septic Tank

Community Details

  • Doorman
  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,000

Year Built

Built in 1959 | Remodeled in 2016

Lot Details

0

Parking

2

Listing Details

  • BuildingCommunityLaundry: Yes
  • BuildingDoorman: Yes
  • Directions To Property: US 31 from Charlevoix south to Address Or US-31 From Elk Rapids South to Address
  • ExteriorPatio: Yes
  • FloorStone: Yes
  • HamletID: 0
  • HasCentralAC: Yes
  • HeatFuelGas: Yes
  • InteriorAlarm: Yes
  • InteriorAmps: 200
  • IsFurnished: Yes
  • IsNaturalGasAvailable: Yes
  • KitchenCounterType: 900
  • LandFrontageInFeet: 0
  • LandRentAmount: 0
  • Lot Size Acres: 2.78
  • Number Of Stories: 1
  • OutbuildingWorkshop: Yes
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Eastport
  • PropertyTownship: Torch Lake
  • Prop. Type: House (Detached)
  • PropertyZipCode: 49627
  • PropertyZoneType: 900
  • Renovation Year: 2016
  • ResidentialStyle: Ranch
  • RoofAsphalt: Yes
  • First Floor Bathroom: Yes
  • First Floor Master Bedroom: Yes
  • Primary Bedroom: Yes
  • Private Guest Room: Yes
  • SForSaleAndRForRental: S
  • USStateAbbreviation: MI
  • ViewWooded: Yes
  • WallWindowAC: Yes
  • WaterSourceType: Private Well
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Renovated: 2016

Interior Features

  • BasementAreaSquareFootage: 0
  • Basement Type: Slab
  • Kitchen Type: Open
  • Fireplaces: 0
  • Number of Rooms: 23
  • Living Room: Yes
  • AboveArea Sq Ft: 4800

Exterior Features

  • Construction Type: Frame

Garage/Parking

  • AttachedParking: 0
  • Garage Type: Detached
  • Numberof Garage Spaces: 2

Utilities

  • Primary Heat Type Other: Yes
  • Sewer Type: Private Septic
  • Utilities: 0

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 16
  • Total Taxes: 9000

Tax Info

  • Tax Year: 0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $59 $405,800 $0 $0
2024 $59 $336,900 $0 $0
2023 $5,684 $327,900 $0 $0
2022 $8,230 $281,400 $0 $0
2021 $7,741 $265,200 $0 $0
2020 $7,866 $246,400 $0 $0
2019 $7,652 $239,400 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 For Sale $1,850,000 -- $385 / Sq Ft
Source: My State MLS

About the Listing Agent

Tom Rumble

eXp Realty

(231) 450-6824

Section Image

*MOST OF MY SALES / TESTIMONIALS FROM THE PAST YEARS DO NOT SHOW UP HERE DUE TO A CHANGE IN COMPANY FROM RUMBLE & POWERS REAL ESTATE to TOM RUMBLE - EXP. * I am also a member of several Real Estate Boards and Commercial Boards throughout Michigan, not all Real Estate Boards post sales on Realtor.Com or Zillow.

Focusing on Residential, Waterfront, Commercial & Luxury Real Estate Throughout Michigan.
In 2024 I celebrated over 25 years in the Real Estate Business, Proudly displaying

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Source: My State MLS

MLS Number: 11569658

APN: 05-14-312-017-11