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Residential Land with Home for Sale in Eastport, Michigan

4871 US-31, Eastport, MI 49627

$1,850,000
2.78 acres
Active
Est $9,815/mo

Income-earning and living opportunities like this only come along once in a lifetime. Located in one of the most picturesque locations in Michigan, minutes to Torch Lake & Lake Michigan, and a short drive to Elk Rapids or Charlevoix. Situated very close to a beautiful State Park (Barnes) along the shores of Lake Michigan & in proximity to an abundance of restaurants, wineries, vineyards, and orchards. Updated in 2016 with the addition of 6 new standalone cottages and a complete update of the 8 other motel rooms. The highly sought-after and highly reviewed Torch Bay Inn not only features updated and very welcoming rooms, but is also maintained and operated by its owners to make every guest feel like family and provide a relaxing and enjoyable stay. The pride of ownership is abundant from the time you walk in to the time you spend enjoying the patio, gardens, and the gas fire pit seating area. The property features a large 2-bedroom living area that could accommodate a full-time live-in manager or an on-site owner operator, ample parking for guests, an oversized 2 stall garage/workshop, an expanded area for boat trailers & campers, plus enough land to expand the operations for more cabins. Meticulously maintained, and attention to detail went into every aspect of this high-producing gem of a property. Income statements and disclosures are available upon request with a signed NDA. More pictures and video will be uploaded on Sept 15, 2025. Stay tuned for an incredible tour.

4,800
Sq feet
16
Beds
15
Full baths
1959
Built

Location

Street address
4871 US-31
Elevation
609 feet
Coordinates
45.1059, -85.3543

Property details

Acreage
2.78 acres
MLS #
MyStateMLS 11569658
Posted

Property taxes

Recent
$9,000

Parcels

  • 051431201711

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking
Detached Garage, Garage

Structure

Style
Ranch
Stories
1
Heating
Natural Gas
Cooling
Central Air
Roof
Asphalt

Interior

Room Count
23
Rooms
Bathroom x 5, Bedroom x 5, Laundry, Living Room

Property utilities

CategoryTypeStatusDescription
GasNatural GasConnected

Listing history

DateEventPriceChangeSource
Sept 6, 2025New listing$1,850,000MyStateMLS
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This 2.78-acre property is located at 4871 US-31 in Eastport, MI 49627. The property is available for sale for $1,850,000. It has a 4,800 sq ft 16 bedroom, 15 bath house built in 1959.

Checked 1 hour ago — Updated

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