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1940129 MLS ⋅ Metes & Bounds BLDG.

An exceptional opportunity to own a resort property in one of Northern Michigan’s most sought-after destinations - just steps from Torch Lake’s legendary sandbar. This unique offering includes two separate parcels. The first features a completely updated 14-unit motel, thoughtfully updated and ready to generate immediate cash flow. Several rooms are equipped with pass-through doors, easily converting into larger multi-room suites to accommodate groups and families. The second parcel includes a 3-bed, 2-bath home, ideal for on-site manager accommodations or additional short or long-term rental income. With very few lodging options in the area, demand remains exceptionally strong, delivering minimal vacancy throughout the summer season. Guests will appreciate ample on-site parking, potential room to expand, a full commercial kitchen, lobby office, pavilion, and a whole-building generator. A comprehensive fire suppression system provides added peace of mind. Perfectly positioned for guests to enjoy everything the region has to offer, this property sits just a short drive from Elk Rapids, Alden, and Traverse City. Whether pursuing a turnkey investment, expanding a hospitality portfolio, or launching a lakeside business venture, this rare Torch Lake offering delivers location and income potential!

12800 & 12862 Cherry Avenue, Rapid City

$8,948,205

6 Beds ⋅ 7 Baths ⋅ 1923417 MLS ⋅ N/A BLDG.

Indulge in the epitome of luxury living with this Adirondack-inspired estate, including 466 acres of diverse landscapes and nearly a mile on the Rapid River. Offered fully furnished with custom and antique Adirondack furnishings, the main lodge and guest house/entertainment barn provide 10,470 sq ft of space, 6 bedrooms and 6.5 baths. Crafted in '17, the main lodge boasts design elements of the Lake Placid Lodge, with premium and custom wood surfaces throughout. Modern amenities such as in-floor radiant heat and Crestron Home technology make for a comfortable stay. The lodge's centerpiece is a stunning Adirondack stone fireplace, complemented by hand-hewn beams. The Scandinavian-inspired primary suite features cathedral ceilings, custom cabinetry, and a soaking tub. The chef's kitchen is equipped with superior appliances and custom cabinetry. The main lodge patio has a built-in gas grill, Argentinian grill, custom built smoker, and a wood-fired pizza oven, perfect for entertaining under the open skies. The guest house/entertainment barn, completed in '21, includes in-floor radiant heat and cedar walls, ideal for large gatherings or functional use. Inside the guest house, the main living area showcases 4-inch thick, hand-hewn walnut slab wall coverings, full kitchen, cocktail lounge, spa, and a screened porch. The irrigated 4-acre grounds include a 2-acre, spring-fed pond. The Rapid River is recognized for its exceptional quality and wealth of rainbow, brook, and brown trout. Hunters can hone their skills at the sporting clays course and find a high population of whitetail deer, grouse, as well as black bear. A myriad of trails exist for horseback riding, hiking, mountain biking, snowshoeing, cross country skiing and UTV/snowmobiling. Just 30 min to Traverse City and its airport, 5 min to Torch Lake, 20 min to the TC Horse Show, and 25 min to the Bellaire ski hills, this private retreat offers proximity to many of Northern Michigan's most coveted destinations.

8051 Glade Valley Road, Rapid City

$870,000

16 Baths ⋅ 1922135 MLS ⋅ Metes & Bounds BLDG.

Rare investment opportunity! This 16-unit apartment complex is nestled in a charming country setting, just 3.5 miles away from the renowned Torch Lake sandbar. Situated on a spacious 2.5-acre lot, this property is zoned commercial-improved, offering a myriad of possibilities for savvy investors. With all tenants on month-to-month leases and up-to-date on rent, the groundwork is laid for a smooth transition into ownership. More than 50% of the units have been remodeled, including cabinets, countertops, carpet, and fixtures. New roof installed approximately 2019. The property is serviced by a well and septic system, providing a cost-effective and reliable utility solution. Each apartment features separate electrical service meters and electric heating sources, ensuring convenience and efficiency for both tenants and landlord. A notable feature of this property is the recent installation of fiber optic connectivity at the road, enhancing its appeal in today's digital world. Additionally, amenities such as an office space and a laundry mat with hook-ups ready for your machines offer added value to this enticing offer. A significant advantage of this property is its history as a former motel, presenting a lucrative opportunity given the scarcity of similar accommodations near the Torch Lake sandbar. Don't miss out on the chance to own a piece of prime real estate this versatile property opens up endless potential for lucrative ventures.

8528 Valley Road, Nw, Rapid City

$618,000

3 Beds ⋅ 4 Baths ⋅ 1917850 MLS ⋅ Torch Winds BLDG.

Welcome to your dream home! This impressive custom home is a masterpiece of Tuscan design and local craftsmanship, boasting 3 generous bedrooms (plus one non-conforming) and 3.5 bathrooms. Enjoy your privacy on a well situated 1.03-acre parcel yet just within two miles of the iconic, Torch Lake Sandbar. Upon entry you'll be greeted with soaring cathedral ceilings, and impressively grand living spaces within. The gourmet kitchen is a chef's dream, equipped with granite counter tops, oversized island, 2nd vegetable sink and bar top seating, perfect for any cook who loves to entertain. Entertain your guests in style with several generously proportioned living spaces or take the celebration outdoors to the expansive rear deck fashioned with, Sauna and a new Hot Tub, with gorgeous seasonal views of Torch Lake and panoramic rural landscapes. When the day is over, retire in the comfort of the hotel like private master suite, featuring a spa-like en-suite with Jacuzzi tub, large title shower and oversized walk-in closet. Lastly, downstairs you'll find a 3-car, fully finished, heated garage, abundant storage rooms, large home gym and a workshop with private entry door, full bath and a 4th non-conforming bedroom. This home has so much to offer any family as a year-round oasis or UpNorth retreat.

10041 Timber Valley Court, Rapid City

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