The historic Old Mission Inn is a beautifully restored Victorian hotel in the heart of Traverse City's renowned Old Mission Peninsula wine region. Situated on approximately 10 scenic acres with favorable zoning, this iconic property offers 13 guest rooms, 11 baths, a spacious commercial kitchen, elegant dining areas, and a large covered porch with beautiful Lake Michigan views.------ Included in the sale is the thriving Mission Bay Café, now open to the public and becoming a popular destination for both locals and visitors. An exceptional opportunity for a boutique inn, restaurant, wedding and event venue, or expanded hospitality business.----- Please do not visit or contact staff regarding the sale. All showings are by appointment only, and proof of financial ability is required prior to scheduling tours.
For sale
$4,260,000
18599 Mission Rd, Traverse City, MI 49686
--beds
--baths
5,644sqft
Multi Family
Built in 1865
-- sqft lot
$4,056,000 Zestimate®
$755/sqft
$-- HOA
What's special
Beautifully restored victorian hotelElegant dining areasSpacious commercial kitchen
- 20 days
- 1,622
- 109
Zillow last checked:
Listing updated:
Listed by:
Kenneth Weaver Home:231-668-6303,
Berkshire Hathaway Homeservices - TC 231-947-7777,
Marissa Spencer,
Berkshire Hathaway Homeservices - TC
Source: NGLRMLS,MLS#: 1949598
Facts & features
Interior
Rooms
- Room types: Great Room
Heating
- Hot Water, Natural Gas
Appliances
- Included: Other
Features
- Breakfast Nook, Entrance Foyer, High Speed Internet, Cable TV, WiFi
- Basement: Partial
- Has fireplace: Yes
- Fireplace features: Other
Interior area
- Total structure area: 5,644
- Total interior livable area: 5,644 sqft
Property
Parking
- Parking features: Other
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Bay, Countryside View, Water
- Has water view: Yes
- Water view: Water,Bay
- Waterfront features: Near Pub.Access w/in 500'
Lot
- Size: 10.86 Acres
Details
- Additional structures: Pole Building(s), Barn(s), Guest House
- Parcel number: 28123501101
- Zoning description: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Wood Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1865
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Green energy
- Energy efficient items: Not Applicable
- Water conservation: Not Applicable
Community & HOA
Community
- Features: None
- Subdivision: Old Mission Peninsula
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $755/sqft
- Tax assessed value: $200,000
- Annual tax amount: $7,145
- Price range: $4.3M - $4.3M
- Date on market: 8/21/2026
- Cumulative days on market: 20 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash,Other
- Ownership type: Private Owner
- Lease term: Other
- Road surface type: Asphalt
Estimated market value
$4,056,000
$3.81M - $4.26M
$1,600/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Listed for sale | $4,260,000-9.4%$755/sqft |
Source:  NGLRMLS #1949598 Report a problem | ||
| 12/16/2025 | Listing removed | $4,700,000$833/sqft |
Source: NGLRMLS #1935725 Report a problem | ||
| 6/26/2025 | Listed for sale | $4,700,000-2.1%$833/sqft |
Source: NGLRMLS #1935650 Report a problem | ||
| 6/11/2025 | Listing removed | $4,800,000$850/sqft |
Source: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate #1926874 Report a problem | ||
| 5/6/2025 | Price change | $4,800,000-4%$850/sqft |
Source: NGLRMLS #1926874 Report a problem | ||
| 9/6/2024 | Listed for sale | $5,000,000+641.3%$886/sqft |
Source: NGLRMLS #1926874 Report a problem | ||
| 10/10/1998 | Sold | $674,500+195.8%$120/sqft |
Source: Agent Provided Report a problem | ||
| 5/11/1998 | Sold | $228,000$40/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,145 +5.6% | $764,000 +7.2% |
| 2024 | $6,765 +5% | $713,000 +12.1% |
| 2023 | $6,443 +6.8% | $635,900 +12.5% |
| 2022 | $6,034 +1.1% | $565,000 +7.4% |
| 2021 | $5,971 -0.2% | $526,300 +2.7% |
| 2020 | $5,984 | $512,600 +10.4% |
| 2019 | $5,984 +2% | $464,200 +11.6% |
| 2018 | $5,868 | $415,800 +12% |
| 2017 | -- | $371,300 +4.2% |
| 2014 | -- | $356,300 +5.3% |
| 2012 | -- | $338,500 +32.5% |
| 2011 | -- | $255,400 +7.2% |
| 2010 | -- | $238,300 +0.7% |
| 2009 | -- | $236,600 +1.5% |
| 2008 | -- | $233,100 +12.6% |
| 2007 | -- | $207,000 +7.2% |
| 2005 | -- | $193,100 +11.1% |
| 2004 | -- | $173,744 +3.3% |
| 2003 | -- | $168,194 +6.6% |
| 2002 | -- | $157,840 +4.5% |
| 2001 | -- | $151,068 +7.9% |
| 2000 | -- | $139,974 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 49686
Nearby schools
Schools provided by the listing agent
- District: Traverse City Area Public Schools
Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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