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$729,900   Price Analysis
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461 5th St
Manistee, MI 49660
6 bed 7 bath 4,170 SqFt ($175/SqFt)
0.6 acre lot. Built 1874
Listed 2024-01-11, Taxes $5,784
USDA Eligible
near Manistee, MI
 Restrictions may apply
due to home size

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 BandB business (currently licened and 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 BandBs 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. 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 big bedrooms greet you on the upper level, each with its wn full bath. Bright and airy owner's quarters 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 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 inlaid cherry, oak, maple and walnut. 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, 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 excellent piece of history your own, today! FINANCIALS NOT AVAILABLE (business was 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!


Presented by Amber Redman at
Five Star Real Estate - Lansing Office.
Listing Agent Photo

Property MLS #278081 from GreaterLansingArea

Bedrooms: 6
Bedroom 2 Dimensions: 14.8 x 13.6
Bedroom 3 Dimensions: 12.6 x 15.3
Bedroom 4 Dimensions: 15.2 x 15.2
Bedroom 5 Dimensions: 12.1 x 9.5
Bedroom 2 Level: First
Bedroom 3 Level: Second
Bedroom 4 Level: Second
Bedroom 5 Level: Second

Total Rooms: 20
Primary Bedroom: 24.60 x 16.10
Primary Bedroom Level: Second
Library: 15.60 x 15.30
Library Level: First
Other: 12.60 x 14.40
Other Level: First
Other Features: Sitting Room
Other: 6.90 x 9.10
Other Level: First
Other Features: Butlers Pantry
Other: 13.60 x 15.00
Other Level: Second
Other Features: Maids Quarters
Loft: 9.10 x 7.70
Loft Level: Second
Basement Features: Full
Family Room Dimensions: 15.2 x 18.3
Living Room Dimensions: 14.8 x 12.0
Basement Sqft: 1764
Family Room Level: First
Living Room Level: First

Total Bathrooms: 7
Full Bathrooms: 6
1/2 Bathrooms: 1

Bookcases
Built-in Features
Entrance Foyer
Granite Counters
High Ceilings
In-Law Floorplan
Kitchen Island
Laminate Counters
Natural Woodwork
Pantry
Primary Downstairs
Recessed Lighting
Soaking Tub
Storage
Tray Ceiling(s)
Walk-In Closet(s)
Flooring: Hardwood

Microwave
Range Hood
Stainless Steel Appliance(s)
Washer/Dryer Stacked
Refrigerator
Gas Range
Dishwasher

Cooling Features: Wall Unit(s)
Heating Features: Hot Water
Heating: Yes
Number of Fireplaces: 1

Dining Room Dimensions: 29.6 x 13.1
Dining Room Level: First
Kitchen Dimensions: 16.9 x 15.0
Kitchen Level: First

Garden
Lighting
Rain Gutters
Storage
Fencing: Vinyl
Other Structures: Poultry Coop, Storage
Patio And Porch Features: Covered, Front Porch, Patio, Wrap Around
Road Frontage Type: Concrete, Paved

Lot Size Acres: 0.6
Lot Size Dimensions: undefinedxundefined
Lot Size Square Feet: 26136

Association: No
Calculated Total Monthly Association Fees: 0

School District: Manistee

Thomas Jefferson Elementary School is a public elementary school located approximately 0.2 miles away.
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Manistee High School is a public middle and high school located approximately 0.6 miles away.
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Trinity Lutheran School is a private elementary and middle school located approximately 0.1 miles away.
directions icon Map directions

Annual Tax Amount: 5785
Source Listing Status: Active
County: Manistee
Current Use: Rental, Primary, Investment, Recreational
Directions: US 31 to Fifth Street. Home on corner of Fifth and Pine
Tax Year: 2022
Source Property Type: Residential
Source Neighborhood: Brown Filer Stronach
Parcel Number: 51-51-311-400-12
Subdivision: Brown Filer Stronach
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$144,200
$5,784
2021$unknown + $unknown
$133,200
$5,641
2020$unknown + $unknown
$135,000
$5,237
2019$unknown + $unknown
$124,900
$5,192
2018$unknown + $unknown
$135,700
$6,891
2017$unknown + $unknown
$126,400
$3,778
2016$unknown + $unknown
$130,300
$4,415
2015$unknown + $unknown
$125,800
$4,401
2014$unknown + $unknown
$117,000
$4,332
2013$unknown + $unknown
$116,800
$4,218
2012$unknown + $unknown
$130,500
$4,119
2011$unknown + $unknown
$124,200
$4,008
2009$unknown + $unknown
$132,000
$3,926

Price Changed 2024-03-11
$729,900
GreaterLansingArea
Listed 2024-01-11
$750,000
GreaterLansingArea
Listing removed 2023-11-25
$0
GreaterLansingArea
Price Changed 2023-11-17
$825,000
GreaterLansingArea
Listed 2023-11-16
$725,000
GreaterLansingArea
Sold 2018-05-03
$319,000
MichRic
Listed 2018-02-09
$319,000
MichRic
Sold 2018-01-01
$265,000
Public Record
Listing removed 2017-08-24
$142,750
MichRic
Price Changed 2017-05-23
$142,750
MichRic
Sold 2017-01-01
$125,000
Public Record
Price Changed 2016-07-08
$199,000
MichRic
Price Changed 2015-08-24
$229,000
MichRic
Listed 2015-07-10
$239,000
MichRic

Total Square Feet Living: 4170
Year Built: 1874
Above Grade Finished Area: 4170
Building Area Total: 5934
Building Exterior Type: Vinyl Siding
Construction Materials: Vinyl Siding
Levels: Three Or More
Property Age: 150
Roof: Shingle

Sewer: Public Sewer
Water Source: Public

Security Features: Security System Owned, Smoke Detector(s)
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.