3780/3798 N M-75 $799,000

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    3780/3798 N M-75 Walloon Lake, MI 49796

    • 12,644 sq.ft.
    • 44.00 Acres
    • Commercial
    • MLS# 457577
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    Views: 97 Days On Market: 382

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    Property Details

    The building, constructed in 1957, has a classic northern Michigan lodge interior, with log beams and large central gas log fireplace in the main lounge. It has the feel of a summer camp for grown-ups, and will be most enjoyed by those who appreciate the history and natural beauty of the building and property. Owners have made many improvements that guests appreciate, including comfortable beds and high speed Internet, but have retained the original charm. Each guest room has its own bathroom with shower. Key features of the property include our location in the heart of northern Michigan resort country and near Walloon Lake, widely known as the boyhood summer home of Ernest Hemingway. The lodge and 44 acres of grounds are ideal for educational programs, retreats, and groups of friends, families, and colleagues. The privacy and natural beauty of our property, its location in the heart of northern Michigan resort country, and the wide range of experiences that we can provide make Elvyn Lea Lodge an ideal destination for large groups. The guest rooms are designed to be shared and provide lodging for up to 80 guests. The property also offers exceptional storage with a 40x60 pole barn with 20' high walls plus an outbuilding that is 10x35. Also includes a main house that could be great for the owners to live on site or for additional rental income. Endless potential for future growth including a winery, brewery, farm to table business, wedding venue and many more. Measurements believed to be accurate, but not guaranteed, and should be verified by the buyer.

    • General Features
      • Above Ground Sq Footage 12644
      • Acreage 20.01 - 50
      • Association No
      • County Charlevoix
      • Features Refrigerator, Washer, Natural Gas, Off-Street Parking, Ample Parking, Hardwood Floors, Dryer, Range, Exhaust Fan
      • Heat Natural Gas, Forced Air
      • Total Sq Ft 12644
      • Township Melrose
      • Type Business Opportunity, Hotel / Motel, Residential Included
      • Utilities TV Cable Available, Electricity
      • Water Well
      • Water Front Water Access Neither
      • Water Heater Natural Gas
    • Building Features
      • Basement Full
      • Building Size 000
      • Construction Wood Frame
      • Num Of Units 26
      • Roof Other/See Remarks
      • Stories One
    • Room Features
      • Bedrooms 30
      • Full Bathrooms 2
      • Num Of Restrooms 28
    • Property Features
      • Approx Number Of Acres 44
    • Schools
      • School District Boyne City
    • Additional Features
      • Current Business Type Hotel / Motel / Resort
      • Sewer Septic

    Contact

    Donna Lively

    Associate Broker

    RE/MAX LIGHTHOUSE

    Mobile Phone: 231-838-8857

    Neighborhood

    49796 (Walloon Lake) Demographics

    55 Median Age
    165 Population Density (per sq. mile)
    56% College Educated
    $61,375 Estimated Median Income
    130 Estimated Total Home Owners
    43 Estimated Total Renters
    75% / 25% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    335 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $697,500 Median Sales Price
    2 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $799,000
        1/30/2019 3:06:00 PM New in Database Source

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