Improved Land for Sale in Williamsburg, Michigan
5961 E Oslo St Williamsburg, MI 49690
Presenting KOTI, the Finnish word for "home", a rare investment opportunity in one of Michigan's premier vacation destinations. This Scandinavian-inspired resort spans approximately 18 acres of pristine Northern Michigan landscape, situated just a 1/4 mile from the East Arm of Grand Traverse Bay and within minutes to downtown Traverse City. KOTI's unique design and location make it the ideal spot for everything from quiet getaways to family vacations, reunions, and more. The planned community includes up to 76 stand-alone cottages, each featuring the signature elements of Scandinavian design: warm functionality, simplicity, and beauty. With both 2- and 3-bedroom options, the cabins are designed to blend comfort with style, creating an inviting atmosphere for all guests. To date, 21 cottages have been completed and are currently being leased, generating close to $700,000 in rental income annually. Also included is a fully renovated restaurant with liquor license and a Class C SDM, allowing for the sale of packaged wine and beer, as well as a 13,000 sq ft event center, a 4,500 sq ft commercial kitchen, and a 1,000 sq ft visitor center/store with an office. Additionally, this property is pre-approved for an expanded mixed-use complex with up to 120,000 sq ft for hotel, condo, office, and retail spaces. With roads, utilities, walkways, and bridges already in place, KOTI is ready for the next stage of development. Located near premier attractions like Grand Traverse Resort & Spa, Turtle Creek Hotel & Casino, and Flint Fields, KOTI is uniquely positioned to become one of Michigan's most distinctive vacation rental resort communities. Capture this once-in-a-lifetime chance to invest in a truly exceptional destination that showcases the best of Scandinavian-inspired design, Northern Michigan hospitality, and breathtaking natural surroundings.
Directions
From downtown TC, take Munson Ave/US-31 to Acme and turn right onto M-72. E. KOTI Vacation Rental community is on the right.
Location
- Street Address
- 5961 E Oslo St
- County
- Grand Traverse County
- Elevation
- 600 feet
Property details
- MLS Number
- TAAR 1928608
- Date Posted
Property taxes
- Recent
- $107,981
Detailed attributes
Listing
- Type
- Commercial Sale
- Franchise
- RE/MAX International
Structure
- Roof
- Metal
- Heating
- Forced Air
Interior
- Rooms
- Basement
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Oct 30, 2024 | New listing | $14,900,000 | — | TAAR |