1757 N Manitou Trail Leland, MI 49654

Property Photo: 1757 N Manitou Trail MI 49654

Listing Courtesy of: NORTHERN GREAT LAKES / Key Realty One-Tc

1757 N Manitou Trail Leland, MI 49654

Active (427 Days)

$5,200,000 ^(USD)

BATH

9,244

SQFT

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Description

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.

MLS #:
1929994

Lot Size
4.33 acres

Type
Multifamily

Year Built
1906

Style
Cottage, Lodge

Views
Water

School District
Leland Public School District

County
Leelanau County

Community
Leland

Listed By

Drew Warner, Key Realty One-Tc

Source
NORTHERN GREAT LAKES
Last checked Mar 11 2026 at 11:53 PM GMT+0000

Bathroom Details

Interior Features

Refrigerator
Oven/Range
Dishwasher
Washer
Dryer
Microwave
Exhaust Fan
Freezer
Water Softener Owned
Electric Water Heater
Breakfast Nook
Workshop
Great Room
Wifi
High Speed Internet
Cable Tv
Windows: Skylight(s)

Subdivision

Whaleback Inn

Property Features

Fireplace: Wood Burning Stove
Foundation: Slab
Foundation: Stone

Heating and Cooling

Natural Gas
Fireplace(s)
Forced Air
Baseboard
Hot Water
Wall Furnace
Electric
Multi Units

Basement Information

Crawl Space
Partial

Flooring

Hardwood

Exterior Features

Roof: Asphalt
Roof: Membrane

Utility Information

Sewer: Private Sewer
Energy: Not Applicable

Parking

Two Car
Drive Under/Built In

Stories

Living Area

9,244 sqft

Listing Price History

Date

Event

Price

% Change

$ (+/-)

Feb 09, 2026

Price Changed

$5,200,000

-7%

-$400,000

Jan 09, 2025

Listed

$5,600,000

Location

Map View | Street View

Listing to Address

Address to Listing

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Disclaimer: Copyright 2026 Northern Great Lakes Realtors MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 3/11/26 16:53

Coldwell Banker^® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Schmidt Real Estate, LLC fully support the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Any services or products provided by independently owned and operated franchises are not provided by, affiliated with, or related to Coldwell Banker Real Estate LLC or any of its affiliated companies. All information, including concessions for agent commissions, are presented as an invitation to submit an offer only, and must be included in the purchase agreement.