Bed and breakfast for sale - Lifestyle Michigan

Luxury Home for sale – Michigan’s Upper Peninsula (#2292)

#2292  Unique home with a waterfront setting on Portage Lake  – could be a residence, retreat or developed as a restaurant

This one-of-a-kind home on Portage Lake in the Keweenaw Peninsula of Michigan’s Upper Peninsula has it all!  Built in the 1980’s and renovated by a Doctor, there are exclusive features like marble and granite floors, an Italian Marble fireplace, solid oak kitchen cabinets, serenity lighting, a music system, Jacuzzi, in-floor heated tiles and electric window shades.  Zoned as LAR (Resort, residential or small business), this property could be utilized in a variety of ways.

Entering the home from the circular drive, one walks up the entryway stairs to the main level, being greeted by the large fireplace which is the central feature of the main room.  Views abound to waterfront and the gardens below that are between the home and the water.  Whether used as a personal living area or one of several inside dining areas, the feeling of quiet elegance is apparent and immediate.

While this could be a very upscale B&B, the bedroom positioning makes it difficult to have the desired one-to-one correspondence of bathrooms.  However, as a retreat, an upper end rental home, or restaurant, the layout is more accommodating.  A variety of rooms on the ground level facilitate a range of small business usage.

With the property being comprised of three lots, there is a feeling of seclusion as one looks out toward the lake.  This back area could easily facilitate outside dining or be further enhanced in a variety of ways.

Also part of the offering are a 3-car garage, boat dock and an insulated boathouse.  Utility costs average only $150 / month.

Depending on the ultimate usage of the property, Owners Quarters could exist on either level of the home.  Each of the two floors has bedrooms, with the lower level comprising 2721 square feet, the main level - 2802 square feet, for a total of living space of 5523 square feet. 

Located near Michigan Technological University and in a year-around tourist and recreational part of Michigan, this home and its venue provide its future owners with many options from Luxury living to a unique setting for a variety of businesses.