$4,200,000

Est. $26,268/mo

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Homefello Value
Our estimate based on local data and recent sales

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About This Property

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.

Listed by: Drew Warner Key Realty One-TC

Source: MiRealSource MLS#: 80072039

Key Features

Central air conditioning

Inside the Home
  • 9,244 sq ft of living space

  • Crawl Space

Comfort & Climate
  • Baseboard, Forced Air, Electric, Natural Gas, Hot Water

  • Wall/Window Unit(s)

  • Natural Gas Available, Electricity Connected, Natural Gas Connected

Outdoor Features
  • Waterfront access

  • Waterfront

Property Overview
  • Lot size: 4.3300 acres

  • Built in 1906

  • Business

  • Zoning: Commercial,Residential

Utilities
  • Water: Well, Private

  • Sewer: Septic Tank

Construction
  • Frame, Shingle Siding, Wood Siding

  • Foundation: Slab

  • Roof: Asphalt

Community
  • Subdivision: Whaleback Inn

  • Leelanau County

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Homefello Value
Our estimate based on local data and recent sales
Location
1757 N Manitou Trail, Leland, MI 49654
Schools, Safety & Local Reviews
GreatSchools
RatingSchoolDistance
Data provided by GreatSchools.org © 2026GreatSchools
Neighborhood Safety

Property Crime

B+
Avg (A-)
Leland
9.5 per 1,000 residents

Violent Crime

C+
Avg (B)
Leland
3.1 per 1,000 residents
Crime grades compare this zip code vs nearby areas. Data provided by Zyla Labs.
Neighborhood
Yelp
What's Nearby
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IDX provided courtesy of Realcomp II Ltd. via GoodHome Realty and MLS. Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

The data relating to real estate properties on this website was last updated as recently as .

Listing Information presented by local MLS brokerage: GoodHome Realty and MLS, Inc., REALTOR® - Quinton Lemond - (248) 928-4992.