# 16878 CO RD 505, Newberry, MI 49868 > **TL;DR:** 3bd/3ba commercial, $1,595,000. Est. $8,530/mo. Listed 137 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,595,000 | | Bedrooms | 3 | | Bathrooms | 2 full, 1 half | | Lot Size | 1,089,000 sqft (25.00 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 137 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $8,065 | | Estimated Insurance | $465 | | **Total** | **$8,530** | ## Property Highlights - 25.00 acre lot ## Description ### Agent Description Halfway Lake Cottages is a turnkey waterfront resort on approximately 25 acres with nearly 1,700 feet of frontage on private Halfway Lake. The property includes eight rental cabins, a guest house, owner's residence, garage, and pole barn. Located in Michigan's eastern Upper Peninsula near Tahquamenon Falls and extensive trail systems, this established business offers income potential, recreational access, and a private Northwoods setting. Experience the beauty, peace and tranquility of the great north woods on Halfway Lake, a 65 acre private lake encompassed by a woodland setting. Fall asleep listening to nesting loons call and enjoy your morning coffee from your porch while watching an eagle catch breakfast. This is a special place in the U.P. The property is divided between the developed resort area and a large, wooded waterfront tract that provides privacy, natural beauty, and future recreational or development potential. The cabins, owner's residence, and supporting improvements are situated near the northern portion of the property with convenient access from either 407 (main road) or 505 (resort road). The southern portion consists primarily of mature mixed timber and undeveloped lakefront acreage, creating a secluded Northwoods setting while preserving significant shoreline ownership. The combination of established amenities, exceptional lake frontage, and wooded acreage offers a unique balance of income-producing infrastructure and unlimited recreational opportunities. The Main House has the rental office and features an open floor plan, lakeside porch room, master suite, two upstairs bedrooms, full basement with laundry facilities and half bath and the attached gazebo. Guest House has an open floor plan with a kitchen island w/ bar stools, dining area, bunk bed, bedroom and a full bathroom. The Eight modern cabins offer all of the comfort conveniences with the features below. - 2 bedrooms including linens - Bathroom with a tub and shower - Living and dining area - Full kitchen with Refrigerator, Microwave, Stove & oven, Dinnerware, Cookware, Coffee pot, Toaster - Satellite TV - Wi-Fi Internet Cedar Dock for fishing (no license required) Swimming, Rowboats, Canoes, Kayaks, Lifejackets Fire ring, Charcoal grills, Gas grill, Picnic tables Children's playground equipment Large parking area Enjoy quality lodging and amenities year round in the beautiful Michigan's Upper Peninsula. Rated the #1 place to stay in Newberry by Tripadvisor. The Halfway Lake Cottages offer anglers some excellent fishing opportunities for Northern Pike and Perch on this 65 acre private lake. Located south of Deer Park and north of Newberry, is in Lake Superior's snow belt, averaging 200" of powder in a year. Catering to snowmobilers by providing a trail report, ample trailer parking, the ability to park your sled cottage-side, and direct access to groomed trails. For your convenience, gas and food are just down the road. Halfway Lake Cottages operates as a seasonal lodging and recreational resort serving visitors to Michigan's Upper Peninsula. The business consists of eight rental cabins, guest accommodations, and an owner's residence situated on the shores of private Halfway Lake. Guests are attracted by the area's fishing, hunting, snowmobiling, ORV riding, sightseeing, and outdoor recreation opportunities. Reservations are generated through the property's established website, repeat clientele, referrals, and tourism traffic. Daily operations include guest reservations, cabin turnover and cleaning, grounds maintenance, and management of the resort facilities. The property's manageable size allows for owner-operator involvement while providing opportunities for future growth through expanded marketing, additional accommodations, or enhanced recreational offerings. Newberry experiences comfortable, mild summers and freezing, heavily snowy winters. Year-round, daily temperatures typically range from 10 degrees F to 77 degrees F. The area is known f ## Location - **Address:** 16878 CO RD 505, Newberry, MI 49868 - **County:** Luce - **Coordinates:** 46.473, -85.592 - **Google Maps:** https://www.google.com/maps?q=46.473,-85.592 ## Virtual Tour & Media - **Video Tour:** https://youtu.be/RfO5CTupNlI ## Listing Agent - **Name:** Mollie Sheridan - **Brokerage:** Hayden Outdoors, LLC - **Broker Phone:** (970) 674-1990 ## Photos ![16878 CO RD 505 - Photo 1](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f2369749094r.jpg) ![16878 CO RD 505 - Photo 2](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f4106588527r.jpg) ![16878 CO RD 505 - Photo 3](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f2880784478r.jpg) ![16878 CO RD 505 - Photo 4](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f2019718963r.jpg) ![16878 CO RD 505 - Photo 5](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f458662975r.jpg) ![16878 CO RD 505 - Photo 6](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f3501086678r.jpg) ![16878 CO RD 505 - Photo 7](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f4148353692r.jpg) ![16878 CO RD 505 - Photo 8](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f3383121898r.jpg) ![16878 CO RD 505 - Photo 9](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f3885380566r.jpg) ![16878 CO RD 505 - Photo 10](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f2860218930r.jpg) ![16878 CO RD 505 - Photo 11](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f1133457373r.jpg) ![16878 CO RD 505 - Photo 12](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f1540417334r.jpg) ![16878 CO RD 505 - Photo 13](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f442387734r.jpg) ![16878 CO RD 505 - Photo 14](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f2923954472r.jpg) ![16878 CO RD 505 - Photo 15](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f2143497927r.jpg) ![16878 CO RD 505 - Photo 16](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f3092333010r.jpg) ![16878 CO RD 505 - Photo 17](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f3361042656r.jpg) ![16878 CO RD 505 - Photo 18](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f121671528r.jpg) ![16878 CO RD 505 - Photo 19](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f3535809260r.jpg) ![16878 CO RD 505 - Photo 20](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f296378514r.jpg) ![16878 CO RD 505 - Photo 21](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f1944239129r.jpg) ![16878 CO RD 505 - Photo 22](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f1762368148r.jpg) ![16878 CO RD 505 - Photo 23](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f889335056r.jpg) ![16878 CO RD 505 - Photo 24](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f3120867125r.jpg) ![16878 CO RD 505 - Photo 25](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f2533913304r.jpg) ![16878 CO RD 505 - Photo 26](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f1400694534r.jpg) ![16878 CO RD 505 - Photo 27](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f3538721951r.jpg) ![16878 CO RD 505 - Photo 28](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f2033653100r.jpg) ![16878 CO RD 505 - Photo 29](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f3095946647r.jpg) ![16878 CO RD 505 - Photo 30](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f2109743104r.jpg) ![16878 CO RD 505 - Photo 31](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f2225013220r.jpg) ![16878 CO RD 505 - Photo 32](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f1110891628r.jpg) ![16878 CO RD 505 - Photo 33](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f646044510r.jpg) ![16878 CO RD 505 - Photo 34](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f227390193r.jpg) ![16878 CO RD 505 - Photo 35](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f1589043396r.jpg) ![16878 CO RD 505 - Photo 36](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f685909833r.jpg) ![16878 CO RD 505 - Photo 37](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f3504106116r.jpg) ![16878 CO RD 505 - Photo 38](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f3793885376r.jpg) ![16878 CO RD 505 - Photo 39](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f3984383620r.jpg) ![16878 CO RD 505 - Photo 40](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f3164980888r.jpg) ![16878 CO RD 505 - Photo 41](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f4284892592r.jpg) ![16878 CO RD 505 - Photo 42](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f3919384508r.jpg) ![16878 CO RD 505 - Photo 43](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f4177141969r.jpg) ![16878 CO RD 505 - Photo 44](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f2256020444r.jpg) ![16878 CO RD 505 - Photo 45](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f2606209996r.jpg) ![16878 CO RD 505 - Photo 46](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f3916546235r.jpg) ![16878 CO RD 505 - Photo 47](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f2434903855r.jpg) ![16878 CO RD 505 - Photo 48](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f1667635980r.jpg) ![16878 CO RD 505 - Photo 49](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f207589211r.jpg) ![16878 CO RD 505 - Photo 50](http://lh.rdcpix.com/dfa97d8225134bc94ea6740c5e016491l-f3367918055r.jpg) --- **MLS#:** 11845821 | **Updated:** 2026-10-28 **Source:** listhub *Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/16878-co-rd-505-newberry-mi-49868-476e9dd82cbe4d029c772ccb64d6e320) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/16878-co-rd-505-newberry-mi-49868-476e9dd82cbe4d029c772ccb64d6e320#listing", "url": "https://staging.propertysimple.ai/listing/16878-co-rd-505-newberry-mi-49868-476e9dd82cbe4d029c772ccb64d6e320", "name": "16878 CO RD 505, Newberry, MI 49868", "description": "Halfway Lake Cottages is a turnkey waterfront resort on approximately 25 acres with nearly 1,700 feet of frontage on private Halfway Lake. The property includes eight rental cabins, a guest house, owner's residence, garage, and pole barn. Located in Michigan's eastern Upper Peninsula near Tahquamenon Falls and extensive trail systems, this established business offers income potential, recreational access, and a private Northwoods setting. Experience the beauty, peace and tranquility of the great north woods on Halfway Lake, a 65 acre private lake encompassed by a woodland setting. Fall asleep listening to nesting loons call and enjoy your morning coffee from your porch while watching an eagle catch breakfast. This is a special place in the U.P. The property is divided between the developed resort area and a large, wooded waterfront tract that provides privacy, natural beauty, and future recreational or development potential. The cabins, owner's residence, and supporting improvements are situated near the northern portion of the property with convenient access from either 407 (main road) or 505 (resort road). The southern portion consists primarily of mature mixed timber and undeveloped lakefront acreage, creating a secluded Northwoods setting while preserving significant shoreline ownership. The combination of established amenities, exceptional lake frontage, and wooded acreage offers a unique balance of income-producing infrastructure and unlimited recreational opportunities. The Main House has the rental office and features an open floor plan, lakeside porch room, master suite, two upstairs bedrooms, full basement with laundry facilities and half bath and the attached gazebo. Guest House has an open floor plan with a kitchen island w/ bar stools, dining area, bunk bed, bedroom and a full bathroom. The Eight modern cabins offer all of the comfort conveniences with the features below. - 2 bedrooms including linens - Bathroom with a tub and shower - Living and dining area - Full kitchen with Refrigerator, Microwave, Stove & oven, Dinnerware, Cookware, Coffee pot, Toaster - Satellite TV - Wi-Fi Internet Cedar Dock for fishing (no license required) Swimming, Rowboats, Canoes, Kayaks, Lifejackets Fire ring, Charcoal grills, Gas grill, Picnic tables Children's playground equipment Large parking area Enjoy quality lodging and amenities year round in the beautiful Michigan's Upper Peninsula. Rated the #1 place to stay in Newberry by Tripadvisor. The Halfway Lake Cottages offer anglers some excellent fishing opportunities for Northern Pike and Perch on this 65 acre private lake. Located south of Deer Park and north of Newberry, is in Lake Superior's snow belt, averaging 200\" of powder in a year. Catering to snowmobilers by providing a trail report, ample trailer parking, the ability to park your sled cottage-side, and direct access to groomed trails. For your convenience, gas and food are just down the road. Halfway Lake Cottages operates as a seasonal lodging and recreational resort serving visitors to Michigan's Upper Peninsula. The business consists of eight rental cabins, guest accommodations, and an owner's residence situated on the shores of private Halfway Lake. Guests are attracted by the area's fishing, hunting, snowmobiling, ORV riding, sightseeing, and outdoor recreation opportunities. Reservations are generated through the property's established website, repeat clientele, referrals, and tourism traffic. Daily operations include guest reservations, cabin turnover and cleaning, grounds maintenance, and management of the resort facilities. The property's manageable size allows for owner-operator involvement while providing opportunities for future growth through expanded marketing, additional accommodations, or enhanced recreational offerings. Newberry experiences comfortable, mild summers and freezing, heavily snowy winters. Year-round, daily temperatures typically range from 10 degrees F to 77 degrees F. 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