1535 S Donnybrook Rd, Suttons Bay, MI 49682
Water Views and Shared Frontage on West Grand Traverse Bay
LISTING SOLD by Oltersdorf Realty, LLC on 5/23/2012
Asking Price: $279,000



One level living is enjoyed within this beautiful 2900 sq ft ranch homes open floor and flowing floor plan offering water views and shared Bay frontage, a living room with vaulted ceilings and fireplace; beautifully remodeled kitchen with quartz counter tops, appliances, breakfast bar and hardwood flooring; 2.5 updated ceramic tiled baths, a large family/recreation room, a/c, and a very private yard with large deck, perennial gardens, gazebo and underground sprinkling system. Fantastic Leelanau County location only a short drive to Traverse City!

$409,000 - 1451 S Bay View Trail, Suttons Bay, MI - Spectacular West Bay Views

Breathtaking 180 degree Bay Views over Old Mission Peninsula are enjoyed throughout this exceptionally maintained home located on a very private wooded lot offering natural landscape and unobstructed and controlled water views. Enjoy 2700+ sq ft of living area, 3 bedrooms, office with built-in Murphy bed, 2.75 baths, living and family rooms each with brick fireplaces, a large kitchen, open floor plan, walk out lower level and extra deep garage! Wonderful low traffic location on a county maintained road!

PLEASE CLICK HERE FOR ADDITIONAL INFORMATION ON THIS NEW LISTING!

$238,000 - 721 N Apple Tree Dr, Unit #16, Suttons Bay, MI - Suttons Bay Condominium

This very charming condominium in pristine condition offers spacious living and family rooms, fireplace, 3 large bedrooms, an office, main level bedroom and laundry, 2 ceramic tiled full baths, built-ins, distant water views, and a very private patio! A well established condominium complex with beautifully landscaped common areas, 1200 ft of shared sandy Suttons Bay water frontage, tennis courts, and pool all within walking distance of the quaint year round Village of Suttons Bay!

PLEASE CLICK HERE FOR ADDITIONAL INFORMATION ON THIS NEW LISTING!

Deb's Dish - 100A S Cedar St, Suttons Bay - Business For Sale
LISTING SOLD by Oltersdorf Realty, LLC on 5/18/2012
Asking Price: $47,000

Established Coffee Shop/Bakery business in Suttons Bay! Excellent high traffic location with loyal year-round customer base. Turn-key operation includes: all improvements, fixtures, and equipment! Now is the time to own your own Leelanau County business! Real Estate is not included.

$258,000 - N Cathead Bay Dr, Lot 22, Northport MI - 100' on Lake Michigan

Complete relaxation and tranquility are enjoyed with this private, Lake Michigan direct waterfront building site which has been prepared for future construction! Cathead Bay is a fantastic location at the northern tip of pristine Leelanau County offering picturesque sunset water views and the sounds of Lake Michigan, a true nature lover’s paradise! Quick access to over 1300 acres of trails and beaches within the nearby Leelanau State Park which is ideal for hiking, cross country skiing, fishing and camping!

PLEASE CLICK HERE TO VIEW ADDITIONAL INFORMATION ON THIS NEW LISTING

GRAND TRAVERSE COUNTY

DOWNTOWN TRAVERSE CITY

Not only is sales volume up 58.6% in Leelanau County and 17.3% in Grand Traverse County so far in 2012 over 2011(see previous post here: Leelanau County & Grand Traverse County) but single family home supply is on a 3 year downward trend in both Leelanau County and Grand Traverse County  (see graphs above). Leelanau County currently has 497 active single family homes for sale down from a high of over 700+ in the summer of 2009. Grand Traverse County (Traverse City) currently has 1,224 active single family homes for sale down from 2,000+ in the summer of 2009. I have also included the single family home data for houses within the city limits of downtown Traverse City.

Jonathan Oltersdorf
Oltersdorf Realty LLC
231-271-7777
E-Mail: Jonathan@Oltersdorf.com

8882 S West-Bay Shore Dr, Traverse City, MI 49684
LISTING SOLD by Oltersdorf Realty, LLC on 4/26/2012
Asking Price: $78,800

Unbelievable Leelanau County / Elmwood Township investment opportunity! This extremely affordable ranch home offers expansive 180 degree West Grand Traverse Bay water views, water/beach access without the tax burden, 2 bedrooms, 1 bath, 2 car garage, hardwood floors, fireplace, newer roof, and a waterside deck! Bank owned foreclosure needs a little TLC but will make a great summer rental or vacation home!

The 2012 1st Quarter (January 1 – March 31^st) home sales data have been posted in the graphs above. The home sales statistics compare real estate housing sold in Leelanau County from January 1, 2012 through March 31, 2012 to the same time period in 2011 and 2010. This includes the townships of Bingham, Centerville, Cleveland, Elmwood, Empire, Glen Arbor, Kasson, Leelanau, Leland, Solon, Suttons Bay, and the City of Traverse City within the southeast corner of Leelanau County.

As you will notice in the housing sales data posted above, 2012 residential real estate sold in Leelanau County has increased significantly compared to 2011 in terms of Average Selling Price (+ 9.2 %) and Median Sale Price (+21.5 %). We also saw a $6.285 Million Dollar increases in total Residential Sales Volume (+ 58.6 %). 19 more Residential Units Sold in Leelanau County so far this year when compared to Jan-March 2011.

With the limited size of the real estate market in Leelanau County a couple of high sales can skew the data quite a bit. We should have more of a understanding on how well the real estate market is performing compared to 2011 & 2010 once we analyze the mid year numbers (January - June) in a couple of months. So far the early warm weather has brought with it a great spring for home sales!

This report is based upon sales information obtained from the Traverse Area Multiple Listing Service from 2010-2012. Undisclosed sales are not included in the data. This is for basic review purposes only. All attempts for accuracy have been made but cannot be guaranteed.

Jonathan Oltersdorf, Oltersdorf Realty, LLC
Phone: 231-271-7777
E-mail: jonathan@oltersdorf.com

The 2012 1st Quarter (January 1 – March 31^st) home sales data for Grand Traverse County have been posted in the graphs above. The home sales statistics compare real estate housing sold in Grand Traverse County from January 1, 2012 through March 31, 2012 to the same time period in 2011 and 2010. This includes the townships of Acme, Blair, East Bay, Fife Lake, Garfield, Grant, Green Lake, Long Lake, Mayfield, Paradise, Peninsula, Union, Whitewater, and the City of Traverse City.

As you will notice in the housing sales data posted above, 2011 residential real estate sold in Grand Traverse County has increased significantly compared to 2011 in terms of Average Selling Price (+ 17.3 %) and Median Sale Price (+7.5 %). We also saw a $5.6 Million Dollar increases in total Residential Sales Volume (+ 17.3 %). Residential Units Sold in Grand Traverse County remained even with a year ago with 206 homes sold so far this year.

The 17+% increases (avg price, median price, sales volume) definitely jump out at you and I think that credit is due in large part to an improving national economy as well as the terrific weather we have had this spring which has started the spring surge a little earlier than normal. We hope this continues throughout all of 2012.

This report is based upon sales information obtained from the Traverse Area Multiple Listing Service from 2010-2012. Undisclosed sales are not included in the data. This is for basic review purposes only. All attempts for accuracy have been made but cannot be guaranteed.

Jonathan Oltersdorf, Oltersdorf Realty, LLC
Phone: 231-271-7777
E-mail: jonathan@oltersdorf.com

$289,000 - 719 N Apple Tree Dr, Unit #13, Suttons Bay, MI - Suttons Bay Condominium

With 2420+ finished sq ft of living area this wonderful Suttons Bay condominium offers the feel and size of a single family home with maintenance free living! An open floor plan with cathedral ceilings, an open living room with fireplace, main level master bedroom suite with Jacuzzi tub and shower, 3 large bedrooms, 3.5 baths, a finished walk out lower level, a/c and attached 2 car garage! Exceptional amenities include: 1200 ft of sandy beachfront, pool, tennis courts, and optional marina use!

PLEASE CLICK HERE TO VIEW ADDITIONAL INFORMATION ON THIS NEW LISTING