3943 N Skookum Rd - Northern Michigan Waterfront Retreat -670 ac 16,000 SF Specialty Building Offered at $3,900,000 at a 10% Cap Rate in Luther, MI 49656

Rockwell Lake Lodge — Private Lake, Lodge, Residences & Acreage | $3.9 Million
A remarkable Northern Michigan acquisition opportunity at just $3.9 million. Rockwell Lake Lodge combines a private 45–50 acre lake, a substantial 12,500 SF lodge, four additional residential buildings totaling approximately 8,800 SF, a separate manager's residence, support buildings, extensive infrastructure, miles of private trails and a spectacular wooded setting.
Few properties at this price point offer this combination of land, waterfront, buildings, infrastructure and future-use potential.
The centerpiece is the impressive 12,500 SF main lodge, positioned overlooking private Rockwell Lake. The lodge includes 10 guest suites, a commercial kitchen, dining facilities, large gathering and common areas, offices and support spaces. The property was designed to accommodate groups and is substantially improved for continued operation.
Four additional residential buildings provide approximately 8,800 SF of additional space suitable for guest accommodations, staff housing, program facilities, classrooms, offices or other uses. A separate manager's residence, maintenance buildings, utilities, backup generators and other existing infrastructure further distinguish this property from undeveloped recreational acreage.
A Private Northern Michigan Destination
Rockwell Lake is approximately 45–50 acres and entirely private, creating an extraordinary centerpiece for the property. Surrounding woodlands and an extensive trail network provide opportunities for hiking, biking, cross-country skiing, outdoor recreation, nature programs and year-round activities.
The scale and existing improvements create tremendous flexibility for a new owner. Potential uses include:
Private family or corporate retreat
Resort or destination hospitality property
Wellness or recreational retreat
Educational or youth camp
Nonprofit or institutional campus
Leadership and corporate training center
Veterans organization or retreat
Residential treatment or recovery program
Outdoor recreation destination
Extraordinary private estate or family compound
The property benefits from an unusually flexible regulatory environment with no traditional township zoning, although all proposed uses remain subject to applicable county, state and other governmental requirements.
Exceptional Value at $3.9 Million
Consider what is already here: a private 45–50 acre lake, more than 21,000 SF in the main lodge and four additional residences alone, a separate manager's home, commercial kitchen, multiple support buildings, utilities, generators, established roads and trails, extensive waterfront and significant surrounding acreage.
Recreating a property of this scale today would require an enormous investment of both capital and time. At $3.9 million, Rockwell Lake Lodge represents a compelling opportunity for a buyer seeking a major Northern Michigan property with substantial existing improvements and the flexibility to create something truly special.

The $3.9 million offering includes the lodge, private Rockwell Lake, residential and support improvements and approximately 150 acres. For buyers seeking an even larger landholding, the entire approximately 670-acre property is available for $5.9 million.
Offered at $3.9 Million with 150 acres and $5.9 Million with 670 Acres
Contact Ken Weaver at 231-668-6303 or Johnny Crane and Matt Crane at 231-350-8039 for details