1,780
Square FeetA 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.
Mortgage Calculator
Estimated Monthly Payment Breakdown
Est. Purchase Price
$50,907 per monthPMI
$3,461 per monthInsurance
$400 per monthTaxes
$12,500 per monthTotal Payment:
$67,268 per month- Status
- Active
- Address
- 5961 E Oslo Street
- City
- Williamsburg
- Zip
- 49690
- Year Built
- 2023
- Subdivision
- KOTI Vacation Rentals
- Listing Date
- 12/12/2025
- List Price
- $12,900,000
- County
- Grand Traverse
- Above Grade SqFt
- 1,780
- Possession
- Negotiable
- Parking
- Paved,Parking Lot
- Price/SqFt
- 7247.19
- Current Use
- Vacant
- Zoning
- Commercial, Other, Planned Unit Development
- Water
- Public
- Sub Property Type
- Mixed Use
- Licenses
- Liquor
- Cooling
- Central Air
- Heating
- Forced Air, Natural Gas
| MLS Number | Status | Activity Date | List Price | Sold Price | DOM |
|---|---|---|---|---|---|
| 1941132 | Active | Dec 12 2025 3:16PM | $12,900,000 | 228 | |
| 1928608 | Expired | Oct 31 2025 2:18AM | |||
| 1928608 | Active | Oct 30 2024 12:15PM | $14,900,000 | 366 |
Listing courtesy of
Remax Bayshore - West Shore Dr Tc
Office Address: 12930 S West Bay Shore Dr, Traverse City
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listings last updated: July 28, 2026. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available.
Our Michigan real estate agents can answer all of your questions about 5961 E Oslo Street, Williamsburg MI 49690. Real Estate One and Max Broock Realtors are part of the Real Estate One Family of Companies and dominate the Williamsburg, Michigan real estate market. To sell or buy a home in Williamsburg, Michigan, contact our real estate agents as we know the Williamsburg, Michigan real estate market better than anyone with over 100 years of experience in Williamsburg, Michigan real estate for sale.
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