Paramount Lodging Advisors Presents: Four Seasons Island Resort & Pine Mountain Ski and Golf Resort
Paramount Lodging Advisors (PLA) has been retained by a court-appointed receiver to bring to market two complementary destination resorts in the Upper Midwest: Four Seasons Island Resort, a 55-key all-suite resort on a private 73-acre island in Pembine, Wisconsin, and Pine Mountain Ski & Golf Resort, an 89-key four-season resort in Iron Mountain, Michigan.
Investors may acquire either property individually or both as a portfolio. Each asset is offered fee simple, unencumbered by debt or management obligations, and priced below replacement cost providing new ownership with immediate basis advantage and full flexibility to execute a tailored repositioning strategy.
Pine Mountain Ski & Golf Resort
Pine Mountain is an 89-key, true four-season destination resort anchored by on-site ski operations spanning approximately 220 acres and a top-ranked 18-hole golf course. Few resort assets in the Upper Midwest can claim genuine year-round demand drivers of this caliber, with skiing and championship golf together creating of skiing and championship golf creates a durable, diversified revenue base that reduces reliance on any single season.
The property has undergone approximately $10M in recent capital improvements, significantly limiting near-term capex requirements and positioning new ownership to focus on operational repositioning and revenue growth from day one. The lodging mix spans hotel rooms, cabins, condos, and multi-bedroom units, supporting a wide range of guest segments from weekend leisure travelers to extended-stay and group business.
Ancillary revenue streams across golf, food and beverage, and events provide meaningful upside beyond room revenue, and a disciplined approach to revenue management and repositioning represents a clear path to value creation.
Investment Highlights
True year-round demand drivers with integrated ski and golf operations
Diverse lodging mix supporting leisure, group, and extended-stay demand
Approximately $10M in recent renovations reducing near-term capex exposure
Strong ancillary revenue from golf, F&B, weddings, and events
Clear value-add path through repositioning and revenue optimization
Offered fee simple, free of debt and management encumbrances
Four Seasons Island Resort
Four Seasons Island Resort is a 55-key, all-suite property situated on a private 73-acre island in Wisconsin’s Northwoods—a setting that is genuinely rare within the regional resort market and difficult to replicate.
The property is currently closed for the season and scheduled to reopen in May, providing prospective buyers with a practical transition window to complete due diligence, finalize acquisition, and align an operating strategy ahead of the upcoming season.
The all-suite product, with many kitchen-equipped units, appeals naturally to extended-stay guests, family groups, retreats, and corporate demand. Existing event infrastructure capable of hosting 350+ guests positions the property well for weddings, conferences, and social events.
Multiple on-site revenue streams, including golf, food & beverage, and recreation, provide a diversified operating platform for new ownership to build upon.
Investment Highlights
Rare private 73-acre island setting with strong market differentiation
All-suite accommodations supporting family, group, and extended-stay demand
Seasonal reopening creates a clean ownership transition opportunity
Wedding and event infrastructure with 350+ guest capacity
Multiple revenue streams including golf, F&B, and recreation
Offered fee simple, free of debt and management encumbrances
Strategic Location
Both resorts benefit from strong regional drive-to demand, drawing guests from Northern Wisconsin, Michigan’s Upper Peninsula, and the Green Bay / Marinette corridor. Year-round recreation anchors—including skiing, golf, fishing, hunting, boating, and snowmobiling—support diversified seasonal demand across multiple guest segments.
The Team
This offering is being marketed by the Paramount Lodging Advisors team, including Principals Mike Schlictman and Andrew Makhlouf, and Senior Associate Carter Benedict.
For more information on this offering, visit: https://platform.reverecre.com/project
To connect with our team, visit: https://paramountlodging.com/team
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