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20 Baths
9,244 sqft

$4,200,000

1757 N Manitou Trail, Leland MI, 49654

Price per sqft$454.35
Built in1906
Property size9,244 sqft
Property typeMulti-family
Listed by Drew Warner with Key Realty One-TC Listing Contact: 231-342-9381

Overview

Active

Listed Aug 6, 2026

Updated 3 weeks ago

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.

$27,943/mo

Est. mortgage payment based on a $4,200,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1948996

Interior Features

Bathrooms
20
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
4.33 Acres

Other Property Details

Association Fee Frequency
Yearly
View
Yes
Waterfront
Yes
MLS provider logo

Listed by Drew Warner with Key Realty One-TC
Listing Contact: 231-342-9381 

The IDX display contains information sourced from the Northern Great Lakes REALTORS® MLS as of 8/24/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Northern Great Lakes REALTORS® MLS all rights reserved.

Data last updated on 8/24/2026 at 9:19 PM UTC

 

 

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