
Search Properties
Buy with EXIT
Sell with EXIT
Find an Agent/Office
About
Why EXIT
The Spirit of EXIT
Careers
Offices
Contact Us
5961 E Oslo Street, Williamsburg, MI 49690
Share Listing
Overview
Features
Commute
Transportation
Market Statistics
Neighborhood
Similar Homes
Similar Home Values
Contact
$14,900,000
Share Listing
Home Details for 5961 E Oslo Street
Price
$14,900,000
Type
Commercial/Industrial
Year Build
2023
Sq. Ft.
1780
Lot Size
18.16
County
Grand Traverse
Tax
$107,981.37
MLS®️ Listing#
1928608
On exitrealty.com
327 days
Property Description
Presenting KOTI, the Finnish word for "home", a rare investment opportunity in one of Michigan’s premier vacation destinations. This Scandinavian-inspired resort spans approximately 18 acres of pristine Northern Michigan landscape, situated just a ¼ mile from the East Arm of Grand Traverse Bay and within minutes to downtown Traverse City. KOTI’s unique design and location make it the ideal spot for everything from quiet getaways to family vacations, reunions, and more. The planned community includes up to 76 stand-alone cottages, each featuring the signature elements of Scandinavian design: warm functionality, simplicity, and beauty. With both 2- and 3-bedroom options, the cabins are designed to blend comfort with style, creating an inviting atmosphere for all guests. To date, 21 cottages have been completed and are currently being leased, generating close to $700,000 in rental income annually. Also included is a fully renovated restaurant with liquor license and a Class C SDM, allowing for the sale of packaged wine and beer, as well as a 13,000 sq ft event center, a 4,500 sq ft commercial kitchen, and a 1,000 sq ft visitor center/store with an office. Additionally, this property is pre-approved for an expanded mixed-use complex with up to 120,000 sq ft for hotel, condo, office, and retail spaces. With roads, utilities, walkways, and bridges already in place, KOTI is ready for the next stage of development. Located near premier attractions like Grand Traverse Resort & Spa, Turtle Creek Hotel & Casino, and Flint Fields, KOTI is uniquely positioned to become one of Michigan’s most distinctive vacation rental resort communities. Capture this once-in-a-lifetime chance to invest in a truly exceptional destination that showcases the best of Scandinavian-inspired design, Northern Michigan hospitality, and breathtaking natural surroundings.
Read more
- Cooling Information
- Central Air
- Heating Information
- Forced Air
- Water Features
- Municipal Water
- Utilities
- Natural Gas Available
Listing Courtesy: REMAX Bayshore - W Bay Shore Dr TC - 231-941-4500
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright ©2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
See average values in the proximity of this property
Median Listing Price
Median Days on EXIT Realty®
Median Square Feet
Market statistics compiled from data from Northern Great Lakes Regional MLS.
See several nearby properties
EXIT NORTHERN SHORES REALTY
710 US Hwy 31, Elk Rapids, MI 49629
See properties nearby this listing
Compare the values of homes nearby
$14,900,000
Share Listing
EXIT NORTHERN SHORES REALTY
710 US Hwy 31, Elk Rapids, MI 49629