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Listed by REMAX Bayshore - West Shore Dr TC
$ 1,750,000
Est. payment | /mo
4,000 SqFt
$ 1,750,000
Est. payment | /mo
4,000 SqFt
Key Details
Property Type Commercial
Sub Type Hospitality
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $437
MLS Listing ID 1949292
Year Built 1950
Lot Size 5.880 Acres
Acres 5.88
Property Sub-Type Hospitality
Property Description
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.
Location
State MI
Interior
Heating Forced Air
Exterior
Waterfront Description Public
Roof Type Asphalt
Garage false
Building
Foundation Slab
Sewer Public Sewer
Water Public
Nearby Locations
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Kristine Shacklette
REALTOR® Lic# 6501361952