About This Home

This 0-bedroom, 0-bathroom commercial at 5961 E Oslo Street in Williamsburg, MI is listed for $12,900,000 ($7,247 per sqft). the home offers 1,780 sqft of living space on a 18.16 acres lot.

Key Features

  • 18.16 acre lot
Listing Description

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.

Monthly Cost Estimate

$68,992/mo

20% down · 6.5% · 30 years

Principal$9,329
Interest$55,900
Insurance$3,763

Estimates only. Actual payments may vary.

Location

5961 E Oslo Street

Williamsburg, MI 49690

Features & Amenities

Exterior Features

Wood

Property Details

Construction

Frame

Parking

Parking Lot

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 5961 E Oslo Street is listed at $12,900,000 ($7,247/sqft). The estimated monthly payment is $68,992 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 18.16 acre lot. Exterior Features: Wood.

This property is listed by Robert Brick and can be reached at 2317151464.

RB

Robert Brick

Agent at Re/max Bayshore Properties

(231) 715-1464

Listed by Re/max Bayshore Properties · Broker phone: (231) 941-5600

MLS# 1941132· Source: Northern Great Lakes Realtors MLS· 294 days on PropertySimple

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5961 E Oslo Street, Williamsburg, MI 49690

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