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$1,425,000
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