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$5,200,000
9,244
square ft

1757 N Manitou Trail
Leland, Michigan 49654

Price Change / MLS #1929994 / Multiple Family / Leland
Listing information updated 2/12/2026 at 6:03am
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.
Exterior Type:
Frame,Wood Siding,Shingle Siding
Basement:
Partial,Crawl Space
Water Front:
Yes
Water Features:
Inland Lake, All Sports, Sandy Bottom, Stony Bottom, Bluff (greater than 10ft)
Square Feet:
9,244
Lot Size:
4.33 Acres
Acreage:
4.33
Built:
1906
Cooling System:
Electric,Multi Units
Roof:
Asphalt,Membrane
Zoning:
Residential,Commercial,Rental History
Water Frontage:
North Lake Leelanau
Building Square Feet:
9,244
Tax Amount:
N/A
Tax Year:
N/A
Zip Code:
49654
City:
Leland
County:
Leelanau

Listing Agent: Drew Warner

Listing Office: Key Realty One-TC

Listing Email: andrewdavidwarner@gmail.com

Disclaimer: Based on information from the association of REALTORS® (alternatively, from the MLS) as of 2/12/2026 at 6:03am. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

$1,055,674
Average Sale Price
43
Average Days On The Market
97%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 1757 N Manitou Trail, Leland, MI 49654

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1757 N Manitou Trail, Leland, MI 49654 is a multiple family currently listed at $5,200,000. This multiple family has been listed on @properties REMI Christie's International Real Estate since January 9th, 2025 and was built in 1906.

Each office is independently owned and operated.
@properties Christie’s International Real Estate, the @properties Christie’s International Real Estate’s logo, and other various trademarks, logos, designs, and slogans herein are the registered and unregistered trademarks of At World Properties, LLC d/b/a @properties Christie’s International Real Estate.
At World Properties, LLC and its subsidiaries do not discriminate against the use of Housing Choice Vouchers. Se Aceptan Vales de Elección de Vivienda.
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