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105 E Old State Rd, East Jordan, MI, 49727

4beds
4baths
900sqft
$1,100,000
$1,222price/sqft
$6,668/moest. monthly cost
$266,720/yrincome needed

About This Home

RARE OPPORTUNITY to acquire a newly developed, high-performing tiny house resort in the heart of Northern Michigan. Situated on 30 acres of ridge-top and waterfront land in Antrim County, this boutique resort offers exceptional privacy, rare panoramic Jordan Valley views, and direct access to nature—while remaining within easy driving distance of Northern Michigan’s most desirable destinations, including TORCH LAKE & THE CHAIN OF LAKES, BELLAIRE, BOYNE CITY, CHARLEVOIX, ELK RAPIDS, THE JORDAN RIVER, PETOSKEY, GAYLORD & MORE. The property currently features 4 thoughtfully designed seasonal cabins currently operating April through October (with the option to operate year round) and room for additional structures and future expansion. Cokirs Creek—a tributary of the iconic Jordan River—winds through the property, creating a rare combination of waterfront ownership, elevated views, and natural seclusion. Located just one mile from the Jordan River, the property is a true paradise for anglers, paddlers, hikers and outdoor enthusiasts. Each cabin offers a studio-style layout with a king-size bed, kitchenette, A/C & Heat, walk-in shower and full bathroom. Cabins are spread across approximately one acre each, providing guests with privacy and a true “up north” experience. Private hot tubs and outdoor lounge area w/ smokeless fire pits at each cabin while a shared 8 person sauna with cold plunge delivers a luxury wellness experience with sweeping views over the Jordan Valley. Completed in Spring 2025, the resort is fully built out with brand-new infrastructure, professionally designed systems, and a management company already in place for seamless operations. The business holds a 4.9-star rating on Airbnb, includes a direct booking website, and conveys all intellectual property, including branding, social media accounts, and hosting profiles. Seasonal gross revenue is projected at ~$150,000 in at roughly 65% occupancy and currently operates a lean ~25% overhead, with anticipated annual growth of 5–10% through rate optimization, brand maturation, and increased direct bookings. Pricing reflects a current projected 10% cap rate based on stabilized operations, making this a compelling opportunity for investors seeking strong cash flow with minimal operational burden. Other Highlights Include: --Additional cleared building site suitable for a primary residence or rental unit --Expansion potential for additional cabins or amenities (subject to state approvals) -- ~5 hours per week of current owner involvement during the operating season Offered for sale for the 2026 season, allowing buyers ample transition time This is a rare chance to own a fully operational, scalable resort in one of Northern Michigan’s most scenic and sought-after landscapes—ideal for investors, lifestyle buyers, or those seeking diversified STR income with nearly hands-off management. Additional financials available upon request.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
2
BikeSomewhat Bikeable

Schools

4/10
Central Lake Public SchoolGrades PK-128.3 mi

Construction

Condition

  • Year built: 2025

Type & Style

  • Home type: MultiFamily

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Interior Area

  • Total interior livable area: 900 sqft

Property

Details

  • Parcel number: 050903001000

Lot

  • Lot size: 30 Acres