$1,595,000
16878 County Road 505
Newberry, MI 49868
MLS# 26036793
10 baths  |  7600 sqft


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Property Description
Halfway Lake Cottages is a turnkey waterfront resort on approximately 25 acres with nearly 1,700 feet of frontage on private Halfway Lake. The property includes eight rental cabins, a guest house, owner's residence, garage, and pole barn. Located in Michigan's eastern Upper Peninsula near Tahquamenon Falls and extensive trail systems, this established business offers income potential, recreational access, and a private Northwoods setting.

Details
Maps
Location & Property Info
Cross Streets: Halfway Lake Road
Property Sub-Type: Business Opportunity
Municipality: McMillan Twp
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 209.87
Prop Avail for Lease?: No
General Property Info
New Construction: No
Lot Dimensions: irregular
Road Frontage: 793
Waterfront: Yes
Year Remodeled: 2017
Total # Units: 9
Total # Bldgs: 11
# Fin Bldg Lvls: 1600
Total SqFt: 7600
Property Use Type: Business
School District: Newberry
Lot Measurement: Acres
Lot Acres: 25
Lot Square Footage: 1089000
Year Built: 1970
Total Baths: 10
Tax Info
Taxable Value: 90387
SEV: 225800
For Tax Year: 2025
Seller's Annual Property Tax: 8000
Tax Year: 2025
Homestead %: 100
Spec Assessment & Type: 0
Zoning: CBA
Tax ID #: 003-006-017-0220
Remarks & Misc
Public Remarks: Halfway Lake Cottages is a turnkey waterfront resort on approximately 25 acres with nearly 1,700 feet of frontage on private Halfway Lake. The property includes eight rental cabins, a guest house, owner's residence, garage, and pole barn. Located in Michigan's eastern Upper Peninsula near Tahquamenon Falls and extensive trail systems, this established business offers income potential, recreational access, and a private Northwoods setting.
Legal: Complete legal description on file.
Waterfront Options
Water Frontage: 1700
Water Type
Lake: 1
Water Fea. Amenities
Dock: 1
No Wake: 1
Private Frontage: 1
Street Type
Gravel: 1
Paved: 1
SqFt Information
Smoke Detector(s): 1
Property Use
Business: 1
Utilities Attached
Electricity Connected: 1
Phone Connected: 1
Propane: 1
Sewer
Septic Tank: 1
Water
Well: 1
Uses
Recreation: 1
Other: 1
Construction Type
Frame/Wood: 1
Exterior Material
Wood Siding: 1
Roofing
Composition: 1
Metal: 1
Heat Source
Propane: 1
Wood: 1
Sale Conditions
None: 1
Ownership
LLC: 1
Below Grade
Basement: 1
Partial: 1
Walk-Out Access: 1
Heat Type
Baseboard: 1
Forced Air: 1
Business Includes
Equipment: 1
Furniture: 1
Inventory: 1
Real Estate: 1
Additional Features
Multi User Facility: 1
Foundation
Block: 1
Util Avail at St
High Speed Internet: 1
Tenant Pays All
Other: 1
Driveway
Gravel: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Possession
Negotiable: 1
Location Property Info
County: Luce
Street #: 16878
Street Name: County Road 505
State: MI
Zip Code: 49868
Zip (4): 7643
OfficeContract Info
Status: Active
Current Price: $1,595,000
List Price: $1,595,000
Listing Date: 2026-07-15
Property Features
Property Use: Business
SqFt Information: Smoke Detector(s)
Water Type: Lake
Uses: Recreation; Other
Ownership: LLC
Business Includes: Equipment; Furniture; Inventory; Real Estate
Construction Type: Frame/Wood
Exterior Material: Wood Siding
Roofing: Composition; Metal
Foundation: Block
Below Grade: Basement; Partial; Walk-Out Access
Additional Features: Multi User Facility
Tenant Pays All: Other
Sewer: Septic Tank
Water: Well
Utilities Attached: Electricity Connected; Phone Connected; Propane
Util Avail at St: High Speed Internet
Heat Source: Propane; Wood
Heat Type: Baseboard; Forced Air
Driveway: Gravel
Street Type: Gravel; Paved
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Possession: Negotiable

IDX
Listing Office: Hayden Outdoors
Listing Agent: Kevin Doyle

Last Updated: July - 17 - 2026

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.