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$1,750,000
1950229 MLS Paradise Pines BLDG.
A piece of Northern Michigan history, reimagined for what's next. Tucked along Elk Rapids' bayside, Paradise Pines Resort is a rare offering: a beautifully restored 1938 cottage court spread across five wooded acres, just steps from the water. Directly across the street, Elk Rapids Day Park offers public beach access along a quarter-mile of East Grand Traverse Bay shoreline. Ten individual cottages, each with its own character, have been completely transformed from the ground up. New flooring, electrical, and plumbing throughout. Furniture and decor sourced from repurposed materials, giving every space warmth and story in equal measure. Nine cottages are currently in the rental program, ranging from a cozy 160-square-foot efficiency to a spacious two-bedroom retreat, together capable of hosting up to 28 guests. A shared fire pit, group dining area, and lawn space for games round out the property, creating the kind of communal, laid-back atmosphere that turns first-time guests into regulars. The owners' residence sits on-site as well, with five acres offering plenty of room to grow, whether that means additional cottages, expanded gathering spaces, or new amenities altogether. This is more than a vacation rental. It's a turnkey business with deep roots in the community, established goodwill, and real upside for the right owner. For the right buyer, Paradise Pines represents a rare chance to own a piece of Elk Rapids' history, and build onto its next chapter.

917 S Bayshore Drive, Elk Rapids

$1,750,000
1949292 MLS Paradise Pines BLDG.
A piece of Northern Michigan history, reimagined for what's next. Tucked along Elk Rapids' bayside, Paradise Pines Resort is a rare offering: a beautifully restored 1938 cottage court spread across five wooded acres, just steps from the water. Directly across the street, Elk Rapids Day Park offers public beach access along a quarter-mile of East Grand Traverse Bay shoreline. Ten individual cottages, each with its own character, have been completely transformed from the ground up. New flooring, electrical, and plumbing throughout. Furniture and decor sourced from repurposed materials, giving every space warmth and story in equal measure. Nine cottages are currently in the rental program, ranging from a cozy 160-square-foot efficiency to a spacious two-bedroom retreat, together capable of hosting up to 28 guests. A shared fire pit, group dining area, and lawn space for games round out the property, creating the kind of communal, laid-back atmosphere that turns first-time guests into regulars. The owners' residence sits on-site as well, with five acres offering plenty of room to grow, whether that means additional cottages, expanded gathering spaces, or new amenities altogether. This is more than a vacation rental. It's a turnkey business with deep roots in the community, established goodwill, and real upside for the right owner. For the right buyer, Paradise Pines represents a rare chance to own a piece of Elk Rapids' history, and build onto its next chapter.

917 S Bayshore Drive, Elk Rapids

$289,000
2 Beds 1 Baths 1944265 MLS Plat Of The Village Of East El BLDG.
This super cute 2 bed, 1 bath home on the east side of charming Elk Rapids is the perfect blend of location, updates, and potential! Just a short walk to local restaurants, shops, and everyday conveniences, you’ll love being right in the heart of it all while still enjoying a cozy neighborhood feel. Outdoor lovers will appreciate being just a couple blocks from both Elk Lake and Bass Lake, each with a convenient kayak launch for easy days on the water. Plus, it’s only a 15-minute walk to the shores of Lake Michigan, giving you access to some of Northern Michigan’s most beautiful beaches right at your fingertips. Inside, you’ll find beautiful hardwood floors throughout the main level, adding warmth and character to the space. Upstairs, the large primary bedroom features an additional bonus room; perfect for a nursery, home office, or cozy flex space to fit your needs. Recent updates bring peace of mind, including a new roof, new sump pump, added insulation, improved water drainage, and a new washer and dryer. The electric fireplace adds a cozy touch, perfect for those cooler northern Michigan evenings. The home sits on a nice-sized lot with room to grow, including the potential to add a garage if desired. Out back, the spacious yard is ready for summer nights and weekend gathering; perfect for entertaining, gardening, or simply relaxing. You’ll also appreciate the added storage with two sheds, including a brand new one for all your tools, toys, and outdoor gear. Whether you’re looking for a year-round home, up north getaway, or investment opportunity, this one checks all the boxes in one of Northern Michigan’s most beloved towns!

117 Rivershore Drive, Elk Rapids

$1,305,000
1943836 MLS H H Nobles Add To Elk Rapids BLDG.
Rare opportunity to acquire a landmark mixed-use property in the heart of downtown Elk Rapids, Michigan, conveniently located near the harbor. Originally constructed circa 1948 as a bank, this distinctive building retains its historic character, including the original vault, and is now home to the long-standing Mullaly’s 128 Gallery. The gallery features the work of over 200 fine artists and craftsmen from across North America, including pieces by the late Bill Mullaly, and offers an impressive collection of pottery, jewelry, original paintings, wood, glass, and other mixed media. Well known among both locals and visitors, the gallery has earned a reputation for its “Outstanding Glass” and one-of-a-kind artistic offerings. The upper level includes a thoughtfully designed owner’s residence added by the current owner, offering flexible living space with a generous primary suite featuring a jetted tub and walk-in closet, a large guest bedroom, and a den suitable for a variety of uses, including a potential non-conforming third bedroom. One wood-burning fireplace is located within the residence, while a second adds character and ambiance to the gallery addition. The residence also features a spacious private deck, ideal for outdoor living, with views toward the harbor. Additional amenities include a two-car garage and a fenced outdoor area. This offering includes both the real estate and the business, presenting a unique opportunity in a prime downtown location. Inventory will be transferred via a separate bill of sale. To maintain privacy and professional standards, the property is shown by appointment only. Prospective buyers can review local zoning details via the Elk Rapids Village website to explore the full potential of this location.

128 River Street, Elk Rapids

$734,000
1932738 MLS Plat Of The Elk Rapids Village BLDG.
Seize a unique investment opportunity in downtown Elk Rapids! The beloved River Street Market, is for sale. This successful business is known for its delicious food offerings, including sandwiches, wraps, and pizza, along with a wide selection of beverages and specialty items. The market's prime location in a bustling shopping district ensures a steady flow of customers, from both the community and tourists. The sale includes a valuable package liquor license, which opens the door to multiple growth opportunities such as delivery, catering, and on-site tastings. The business benefits from its proximity to popular attractions, including beaches, marinas, and tennis courts, providing consistent foot traffic. The property itself, a captivating 1910 storefront with original hardwood floors, was thoughtfully updated in 2023 to offer the perfect blend of historic charm and modern functionality. Its highly visible and accessible location offers exceptional potential for a new owner. This is an ideal opportunity for an entrepreneur looking to acquire a thriving business and property in a desirable community with a strong local economy.For information on Elk Rapids Village Zoning Codes, please visit www.elkrapids.org/planning-zoning. Showings are by appointment only. To maintain business operations, please refrain from discussing this listing with the employees. Business can purchase alone with lease option, please see MLS 1920593 for details.

127 River Street, Elk Rapids

$280,000
1 Beds 1 Baths 1932493 MLS Florand Cottage Condos BLDG.
Meticulously Renovated Cottage on Elk Lake. Discover the perfect blend of charm and modern comfort in this beautifully updated cottage, ideally situated on the highly desirable north end of Elk Lake. Part of the small, Florand Cottages Condo Association, this turn-key home delivers exceptional value and lakefront living under a million dollars. Enjoy guaranteed boat access with a designated space for your hoist at the shared dock, along with a sandy-bottom swimming area perfect for summer days. A charming central courtyard adds to the cottage community’s appeal, offering a welcoming space to relax and connect with neighbors. Fully renovated in 2021, this cottage features stylish, low-maintenance vinyl plank flooring and a fully reimagined kitchen with modern cabinetry, sleek countertops, and stainless steel appliances. The bathroom is entirely new, and major systems have all been thoughtfully upgraded—including electrical, plumbing, HVAC with A/C, and an on-demand water heater. A cozy gas fireplace insert adds warmth and charm year-round. All cottages were re-roofed and re-sided around 2020, ensuring peace of mind for years to come. This rare opportunity to own a renovated, low-maintenance lakefront cottage—with a dock and hoist included—won’t last long. If you’ve been dreaming of Elk Lake living, this is your chance to make it a reality. Short Term Rentals are allowed by right.

7285 Cairn Highway Unit 2, Elk Rapids

$3,000,000
6 Beds 7 Baths 1930891 MLS N/A BLDG.
Indulge in the pinnacle of waterfront living with this exquisite Lake Michigan estate, boasting over 350 feet of pristine shoreline and breathtaking sunset views. Perfectly positioned on a private point, just four blocks from charming downtown Elk Rapids. This magnificent 5-bedroom, 6.5-bathroom home is a masterclass in timeless elegance and modern luxury. The opulent primary suite features a private balcony with sweeping lake views, while all en-suite bedrooms offer heated flooring for ultimate comfort. Multiple living spaces cater to both relaxation and grand entertaining. At the heart of the home lies a chef’s dream kitchen, outfitted with a Viking gas range, brand-new Sub-Zero refrigerator, Kirkstone countertops, and custom cherry cabinetry. Additional highlights include a stately library, and a private mother-in-law apartment with an en-suite bedroom, office, and kitchenette. Step outside to discover a lakeside paradise. A private dock and stone launch ramp provide seamless access to the water, while an expansive deck, screened-in gazebo, and stone fire pits set the stage for unforgettable outdoor moments. Stroll along professionally landscaped stone pathways that wind through lush gardens and multiple patio spaces. The oversized two-car garage adds convenience, while the extensive outdoor spaces cater to recreation and relaxation alike. Meticulously maintained and thoughtfully upgraded, this estate has served as both a cherished family home and a popular Bed & Breakfast. Recent enhancements include a new roof, furnace, central A/C, Sub-Zero refrigerator, exterior staining, and expanded deck and patio areas. Offering privacy, panoramic views, and an array of luxurious amenities, this one-of-a-kind property is perfect as a year-round residence, an exclusive lakeside getaway, or a turnkey investment opportunity. Seller is open to working with any buyer interested in continuing the Bed & Breakfast operation.

106 Oak, Elk Rapids

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