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$ 1,850,000
Est. payment | /mo
16 Beds
15 Baths
4,800 SqFt
$ 1,850,000
Est. payment | /mo
16 Beds
15 Baths
4,800 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $385
MLS Listing ID 11569658
Bedrooms 16
Full Baths 15
Year Built 1959
Annual Tax Amount $9,000
Property Description
Income-earning and living opportunities like this only come along once in a lifetime. Located in one of the most picturesque locations in Michigan, minutes to Torch Lake & Lake Michigan, and a short drive to Elk Rapids or Charlevoix. Situated very close to a beautiful State Park (Barnes) along the shores of Lake Michigan & in proximity to an abundance of restaurants, wineries, vineyards, and orchards. Updated in 2016 with the addition of 6 new standalone cottages and a complete update of the 8 other motel rooms. The highly sought-after and highly reviewed Torch Bay Inn not only features updated and very welcoming rooms, but is also maintained and operated by its owners to make every guest feel like family and provide a relaxing and enjoyable stay. The pride of ownership is abundant from the time you walk in to the time you spend enjoying the patio, gardens, and the gas fire pit seating area. The property features a large 2-bedroom living area that could accommodate a full-time live-in manager or an on-site owner operator, ample parking for guests, an oversized 2 stall garage/workshop, an expanded area for boat trailers & campers, plus enough land to expand the operations for more cabins. Meticulously maintained, and attention to detail went into every aspect of this high-producing gem of a property. Income statements and disclosures are available upon request with a signed NDA. More pictures and video will be uploaded on Sept 15, 2025. Stay tuned for an incredible tour.
Location
State MI
County 26009
Rooms
Basement Slab
Dining Room 0
Kitchen Open
Interior
Furnishings 1
Laundry 1
Exterior
Parking Features Detached
Garage Spaces 2.0
Building
Story 1
Sewer Private Septic
Water Private Well
Structure Type Frame
Nearby Locations
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Wally Kerr
Broker | License ID: 83230