Homes for sale / Kelleys Island

$5,995,000 Active

441 W Lakeshore Drive, Kelleys Island, OH 43438

  • 2.1 acres
  • Built 2008

About this property

This is a rare opportunity to own and operate a successful, professionally managed hotel business on one of the Great Lakes most visited islands, Kelleys Island, the largest American island on Lake Erie and a premier Midwest tourism destination. The property is a best in class, one of a kind hotel that offers guests a relaxing getaway within a private enclave that feels far removed from the mainland. The business shows steady year over year lodging activity, supported by modern booking software that keeps operations organized and efficient. Its prime location overlooking Lake Erie gives guests memorable views and easy access to the island's most popular attractions. A new owner can turnkey this opportunity and retain the existing management team or take over the day-to-day operations. This flexibility allows you to step in at the pace that fits your goals, whether you prefer a hands-on role or a more passive approach supported by experienced staff. There is also an opportunity to enhance and grow the Tiki bar area near the water into another feature that can increase guest activity and add new potential for the business. Along with lodging income and on-site golf cart rentals, the property offers something that is difficult to match. The replacement cost of this property and its improvements would be staggering, making the existing operation and its location an exceptional value for an investor or a family looking for a lifestyle driven island business in a high demand waterfront market.

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Key facts

Status
Active
Type
Business
Days on market
2
County
Erie
MLS #
10015378
Listing brokerage
Hoty Enterprises, Inc.
Listing brokerage contact
419-609-7000

Interior

Flooring
Carpet, Vinyl

Exterior and construction

Construction
Aluminum Siding, Vinyl Siding, Wood Siding
Roof
Asphalt
Foundation
Slab

Lot and parking

Lot size
2.1 acres
Lot square feet
91,559
Parking
Parking Lot, Paved
Total parking
35

Systems and utilities

Heating
Forced Air
Cooling
Central Air
Sewer
Public Sewer
Water
Public

Taxes and HOA

Tax year
2025
Parcel number
54-00421-000

Sale terms

Financing accepted
Cash
Possession
Close Of Escrow

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Is it priced right?

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Or call or text me at 419-540-8659.

Shown here through the MLS IDX program by Blacktree Realty. Listing information is provided by Northwest Ohio Real Estate Information Systems (NORIS) through the Internet Data Exchange program and is deemed reliable but not guaranteed. Listings held by brokerages other than Blacktree Realty are identified with the listing brokerage's name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings are provided courtesy of the Northwest Ohio Real Estate Information Systems, Inc. IDX Database. © 2026 NORIS. All rights reserved. Data last updated Nov 12, 2026, 6:10 PM.

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441 W Lakeshore Drive, Kelleys Island, OH 43438 · 14 photos Book a tour
441 W Lakeshore Drive, Kelleys Island, OH 43438, photo 1441 W Lakeshore Drive, Kelleys Island, OH 43438, photo 2441 W Lakeshore Drive, Kelleys Island, OH 43438, photo 3441 W Lakeshore Drive, Kelleys Island, OH 43438, photo 4441 W Lakeshore Drive, Kelleys Island, OH 43438, photo 5441 W Lakeshore Drive, Kelleys Island, OH 43438, photo 6441 W Lakeshore Drive, Kelleys Island, OH 43438, photo 7441 W Lakeshore Drive, Kelleys Island, OH 43438, photo 8441 W Lakeshore Drive, Kelleys Island, OH 43438, photo 9441 W Lakeshore Drive, Kelleys Island, OH 43438, photo 10441 W Lakeshore Drive, Kelleys Island, OH 43438, photo 11441 W Lakeshore Drive, Kelleys Island, OH 43438, photo 12441 W Lakeshore Drive, Kelleys Island, OH 43438, photo 13441 W Lakeshore Drive, Kelleys Island, OH 43438, photo 14