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Off market
  • $1,259,600

    212 Park St, Bellaire, MI 49615

    12beds
    6,507sqft
    SingleFamily
    Built in 1878
    2.5 Acres Lot
    $1,259,600 Zestimate®
    $194/sqft
    $2,375 Estimated rent

    Home value

    $1,259,600

    $995,000 - $1.59M

    $2,375/mo

    Zestimate® history
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    $6,280/mo

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    What's special

    Rare opportunity to own an award-winning Inn & Hobby Farm in Bellaire, voted one of the best lake towns in the US by Country Living Magazine. This versatile property has the option to continue running as an Inn or be converted into a single-family home. Current ownership has streamlined operations and created an excellent customer experience, recognized as a Best of the Best Hotel in 2021 & 2022 by mynorth,com. The Inn comes turn-key, fully furnished with impressive Net Operating Income and loyal clientele, making it a lucrative investment. This charming Victorian is ideally located within walking distance of downtown Bellaire, yet nestled on 2.5 acres among quiet residential streets. Enjoy unique dining, movies, and ice cream nearby. Abundant outdoor activities with stunning lakes, rivers, mountain biking and skiing nearby. Traverse City, Elk Rapids, Charlevoix, Petoskey, and Boyne are also just a short drive away making it the perfect Northern Michigan jumping off point The Inn can accommodate up to 18 guests with suites tailored to their needs and budgets, each with dedicated baths. The main house, built in 1878, serves as the hub with check-in, a new custom-designed kitchen, covered porch, parlor. innkeeper quarters, laundry, and five guest rooms. The Carriage house, a 2004 addition, features a spacious living room, gas fireplace, and innkeeper's apartment with updated kitchen and four luxury suites upstairs. You'll also find ample storage with a 2-car garage, basements in both buildings, and a pole barn. The beautifully landscaped grounds provide guests with a relaxing setting and the hobby farm featuring goats and chickens is a guest attraction. Make this Inn & Hobby Farm your own and embrace the Northern Michigan lifestyle Sale subject to successful Seller 1031 exchange.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 12
    • Full bathrooms: 12
    Heating
    • Forced air, Radiant, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 6,507 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Wood
    Lot
    • Size: 2.5 Acres
    Details
    • Parcel number: 054612401800

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1878

    Community & HOA

    Location
    • Region: Bellaire

    Financial & listing details

    • Price per square foot: $194/sqft
    • Tax assessed value: $1,338,400
    • Annual tax amount: $10,991

    Price history

    DateEventPrice
    8/29/2023Listing removed--
    Source: Realcomp II #78080006574 Report a problem
    5/18/2023Listed for sale$1,399,000$215/sqft
    Source: NGLRMLS #1911097 Report a problem
    10/17/2022Listing removed$1,399,000$215/sqft
    Source: NGLRMLS #1895971 Report a problem
    1/5/2022Listed for sale$1,399,000-9.7%$215/sqft
    Source: NGLRMLS #1895971 Report a problem
    12/5/2021Listing removed--
    Source: Owner Report a problem
    11/13/2021Listed for sale$1,550,000-20.5%$238/sqft
    Source: Owner Report a problem
    10/25/2021Listing removed--
    Source: Owner Report a problem
    8/31/2021Price change$1,950,000-22%$300/sqft
    Source: Owner Report a problem
    6/23/2021Listed for sale$2,500,000+323.7%$384/sqft
    Source: Owner Report a problem
    7/26/2019Sold$590,000-15.6%$91/sqft
    Source: NGLRMLS #1858087 Report a problem
    7/26/2019Pending sale$699,000$107/sqft
    Source: Keller Williams Realty Greater Grand Traverse #1858087 Report a problem
    3/16/2019Price change$699,000-0.8%$107/sqft
    Source: Keller Williams Realty Greater Grand Traverse #1858087 Report a problem
    11/1/2018Price change$704,900-2.6%$108/sqft
    Source: Coldwell Banker Woodland-Schmidt #16004274 Report a problem
    8/3/2018Price change$723,500-3.4%$111/sqft
    Source: Coldwell Banker Woodland-Schmidt #16004274 Report a problem
    4/19/2018Price change$749,000-3.4%$115/sqft
    Source: Coldwell Banker Woodland-Schmidt #16004274 Report a problem
    2/3/2016Listed for sale$775,000$119/sqft
    Source: Michigan Regional Information Center, LLC #16004274 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,991 -14.6%$669,200 +21.9%
    2024$12,866 +2.9%$549,000 +34.8%
    2023$12,509 $407,300 +16.7%
    2022-- $349,100 +12.5%
    2021-- $310,400 +13.3%
    2020-- $273,900 +5.6%
    2017$10,276 $259,300 +6.6%
    2016-- $243,200 +4.2%
    2015-- $233,500 +2.3%
    2014-- $228,300 +2.8%
    2013-- $222,000
    2011-- $222,000 -1.6%
    2010-- $225,550
    Find assessor info on the county website

    Neighborhood: 49615

    Nearby schools

    GreatSchools rating
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