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$12,900,000
8 Days On Site

5961 E Oslo Street
Acme Township, MI 49690

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
1,780
SqFt
$7,247
/SqFt
2023
Built
Subdivision:
KOTI VACATION RENTALS
County:
GrandTraverse
Call Now: 810-923-9505
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810-923-9505
5961 E Oslo Street5961 E Oslo Street5961 E Oslo Street5961 E Oslo Street
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Monthly Payment (Est.)

$58,855
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A rare resort and multifamily investment opportunity has arrived in one of Michigan’s premier vacation destinations. Introducing KOTI, the Finnish word for “home.† This Scandinavian-inspired resort spans just over 18 thoughtfully designed acres only a quarter mile from the East Arm of sparkling Grand Traverse Bay and minutes from downtown Traverse City. KOTI's location and aesthetic make it ideal for quiet retreats, family vacations, reunions, and corporate stays. The community is planned for up to 78 standalone cottages featuring the signature warmth, simplicity, and beauty of Scandinavian design, offered in both two- and three-bedroom bungalow layouts. Seventeen cottages are already complete and leasing, generating roughly $750,000 in annual rental income. The property also includes a fully renovated and fully leased restaurant with a resort liquor license and Class CSDM license, a 13,000-square-foot event center, a 4,500-square-foot commercial kitchen, and an 1,100-square-foot visitor center with offices and retail space. A pedestrian bridge over a clear trout stream leads directly to the TART Trail and the resort’s walkways, enhancing the guest experience. The site is pre-approved for an expanded mixed-use complex with up to 120,000 square feet available for hotel, condo, office, and rental development. All infrastructure, including roads, utilities, and walkways, is already in place, positioning KOTI for seamless future growth. Surrounded by top regional attractions including the Grand Traverse Resort, Turtle Creek Hotel & Casino, Flintfields Horse Park, and several premier golf courses, KOTI is uniquely situated to become one of Michigan’s most distinctive vacation communities. This is a rare chance to invest in a destination where Scandinavian-inspired design meets the best of northern Michigan’s natural beauty.

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Listing Snapshot
Price 
$12,900,000
Days On Site 
8 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,780 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
18.16 Acres
Year Built 
2023
MLS® Number 
78080064319
Status 
Active
Property Tax 
$126,930.94
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing first seen on site
a week agoListing updated with changes from the MLS®
General Features
Acres 
18.16
Building Features 
Outbuildings
Disclosures 
Inventory Included
Foundation 
Slab
Parking 
Parking Lot
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
1780
Utilities 
Natural Gas Connected
Water Source 
Public
Zoning 
Commercial, Other
Interior Features
Cooling 
Central Air
Heating 
Forced AirNatural Gas
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Exterior Features
Construction Details 
FrameWood Siding
Other Structures 
Outbuilding
Roof 
MetalOther
Community Features
Financing Terms Available 
Cash
MLS Area 
Area28021AcmeTwp
School District 
TraverseCity
Schools
School District
TraverseCity
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of REMAX Bayshore - W Bay Shore Dr TC: 2317151464



IDX provided courtesy of Realcomp II Ltd. via AspireNorthREALTORS. Copyright © 2025 Realcomp II Ltd. Shareholders.

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 and that the data is deemed reliable but not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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