7530 US-131 North

Mancelona MI 49659

5500 sq. ft.

11 ac.

Single-Family

Last sold for $300,000

Kevin Wood, last sold this property on 02 January 2026 after 144 days on market.

Overview

Once-in-a-Lifetime Investment Opportunity – 11 Acres with US-131 Frontage! Prime Location | 3BR Home | 13-Room Motel | 1400’ of Highway Frontage Unlock the potential of this rare 11-acre property featuring approximately 1,400 feet of US-131 frontage – a high-visibility corridor perfect for capturing "Up North" traffic and tourism. Built in 1960, the property includes a 3-bedroom, 1-bath home and a 13-room motel. Whether you're dreaming of revitalizing a vintage roadside motel, developing a commercial hub, or creating a unique live-work destination, the possibilities here are truly unlimited. 11 acres of versatile land 3BR/1BA residence – live on-site or rent for additional income 13-room motel with vintage charm 1400 feet of highway frontage on US-131 – unbeatable exposure Ideal for seasonal tourism, lodging, RV park, retail, or redevelopment Sold As-Is, property will need renovations. Located in the heart of Northern Michigan travel routes, this is a rare chance to own a piece of history and shape the future of a high-traffic destination. Don’t miss out – opportunities like this don’t come around twice.

Features

3 bedrooms

1 bathroom

5500 sq. ft. floor area

11 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Mancelona over the last 12 months, the estimated median property value of 7530 US-131 North is $256k.

Median value

$256k

Estimated value range

$30k - $650k

Median days on market

Estimated value trend

13%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Mancelona. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 7530 US-131 North

2026

Sold

$300,000

02 Jan 2026 by Kevin Wood, of Wood Realty Group LLC

Happy sellers in Mancelona

We have insufficient information to provide an overview of customer satisfaction for Mancelona. Viewing the agent profiles, reviews and sales for Mancelona can provide insights for this location.