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461 5th Street, Manistee, MI 49660

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For Sale

$695,000

6 beds • 6 baths • 1 half baths • 4,170 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Detached
    Property type

  • $166.67
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Step back into the Gilded Age with this gorgeous, Victorian home built in the 1870's. Beautifully updated with all of the modern conveniences you desire while maintaining the integrity and style of yesteryear! AMAZING OPPORTUNITY to jump into the ever-growing B&B business (currently licensed & transferable) or simply enjoy living in this Grand Victorian masterpiece. The Chandelier Inn is a turnkey home in the heart of Manistee, Michigan that has been meticulously restored and is ready to serve your guests. Similar B&Bs in Northern Michigan are going for upwards of 1 Million+. A blank slate to grow. The baseline is set and the calendar is filling through the summer! YOU HAVE FOUND A DEAL HERE! This magnificent home sits on an oversized lushly landscaped lot in the vacation center of downtown Manistee. Close to Munson Hospital, churches, dining, shopping and schools. The vintage charm is evident in the exquisite details throughout the home. Three large gathering rooms on the main level as well as a 1st floor bedroom, laundry, and butler's pantry. Four more spacious bedrooms greet you on the upper level, each with its own full bath. Bright and airy owner's quarters just down the hall are also accessible by a separate staircase from the spacious kitchen. Extraordinary built-ins and original woodwork appeal throughout the home. The moldings, light fixtures, stained glass, and corbels all add to the character and beauty. Plenty of space for multi-family or in-law living as well. In a prime location that's only walking distance to schools, church, Downtown Manistee, and the gorgeous beaches of Lake Michigan. Here it's always a vacation! Built and once owned by local Lumber Baron's in the 1870s during the height of the lumber "gold rush" in Manistee, each room has a rare design of the original inlaid cherry, oak, maple, and walnut. A snippet of history on the original owner of this home: Salling, a native of Denmark, arrived in the United States in 1862 and found his way to Manistee. He worked for lumberman Michael Engelmann before going out on his own, eventually owning several sawmills and pine lands. While the Salling Home was built in 1874/1875, it underwent several changes between 1880 and 1899. In the final remodeling, the Victorian gingerbread was all removed, the home was made two stories throughout and an elegant entry was added along with a wrap-around porch. Among the most unique features found throughout the home is the beautiful hardwood flooring. A border, at the perimeter of each room, is made up of inlaid hardwoods, including cherry, maple, walnut, and oak. Salling passed away in 1909 and his family continued to reside in the house until 1916. https://www.visitmanisteecounty.com/web-2-0-directory/the-salling-home The house has been carefully restored to preserve its unique character and charm. Stained glass windows, intricate woodwork, and abundant built-ins take you back in time while strolling through this masterful work of art! The library features original parquet flooring and gorgeous built-ins. Each unique room tells its own fascinating story. The separate maid's quarters offer privacy and functionality, leading down to the freshly updated chef's kitchen with a huge walk-in pantry, a Butler's pantry, and a 1st-floor laundry area. Custom lighting throughout the home completed by Bohnet's Lighting takes you back in time, with crystal sconces and chandeliers throughout. The home also includes 3 enterprise access points for multi-guest Wi-Fi, 3 external and 3 internal cameras w/ DVR recording set up and monitor in maids quarters, a large 3-canister NuAqua whole house water filtration system at the meter, and a deluxe RO water filtration system at the kitchen sink. Outside the newly restored covered, wrap-around porch greets you with blush kisses of love and beauty, to relax and enjoy your coffee or wine upon year-round under the floral chandeliers. Bask in the gardens, take in the lush landscaping and serene sitting areas. Golf courses, public beaches and a riverwalk are minutes away. Tour the lighthouse, historical museum, or Center for Arts and grab a piece of this delightful small town. Kayaking and sand dune central for the summer! Booking up for Summer now, this is the perfect time of year to transition into the B&B business. Move right in and hit the ground running! You'll adore all of the elegance and storybook charm "The Chandelier" has to offer. Make this amazing piece of history your own, today! FINANCIALS NOT AVAILABLE (business was just started within the year since renovations were finished). Please request "Exhibit A" for all current rates, reserved and remaining items. All showings require 24-48 hours notice, please. Thank you!
MLS# 24033730

Courtesy Of Five Star Real Estate - Lansing
2417 Showtime Drive, Lansing, MI
(517) 614-2254

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch, Patio
  • Appliances
    Dishwasher, Dryer, Oven - Gas, Refrigerator, Washer
  • Architecture Style
    Victorian
  • Exterior Type
    Vinyl Siding
  • Heating System
    Steam
  • Lot Size
    0.6 Acres
  • Roof Type
    Composition Shingle
  • Rooms
    Bedroom, Dining Room, Family Room, Full Bath, Half Bath, Kitchen, Living Room, Loft

Map and Directions

Directions to 461 5th Street, Manistee, MI 49660

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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