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1757 N Manitou Trail, 
Leland, MI 49654

$4,200,000

—

Bed

—

Bath

9,244

Sq Ft

Multi-Family

Active

Key Realty One-Tc

Last updated:

November 13, 2026, 04:49 PM

MLS#

1948996

Source:

MI NGLRMLS

About This Home

1757 N Manitou Trail

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.

Home Facts

Multi-Family

Built in 1906

Subdivision & Development:

Whaleback Inn

Price Summary

4,200,000

$454 per Sq. Ft.

MLS #:

1948996

Last Updated:

November 13, 2026, 04:49 PM

Rooms & Interior

Interior

Living Area:

9,244 Sq. Ft.

Structure

Structure

Architectural Style:

Cottage, Lodge

Year Built:

1906

Lot

Lot Size (Sq. Ft):

188,614

Finances & Disclosures

Finances

Price:

$4,200,000

Price per Sq. Ft:

$454 per Sq. Ft.

Source:MI NGLRMLS
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.