SOLD by Oltersdorf Realty LLC on 5/15/2017
E Lakeview Hills Road, Traverse City, MI - 4.04 Acre Vacant Lot
Asking Price: $60,000
Centrally located between Suttons Bay & Traverse City this 4.04 acre wooded parcel offers privacy, nice rolling topography, natural gas & cable access, and the ability to build an outbuilding in an area of quality homes.
LISTING SOLD by Oltersdorf Realty LLC on 5/8/2017
6444 S Lake Leelanau Drive, Traverse City, MI - 110' on South Lake Leelanau
This charming 1 1/2 story well maintained one owner home is situated in a wonderful location offering 110’ of western facing direct Lake Leelanau walkout frontage and a very private 380’ deep lot with a beautiful meandering creek! Home features include a living/dining/kitchen area with cathedral ceilings and 3 sided stone fireplace, a large main floor master bedroom suite, 3 bedrooms & 2.5 baths, main floor den & laundry, low maintenance vinyl siding, 2 car attached garage, Geothermal forced air heating & cooling, Andersen windows, and new shingles in 2016! Conveniently located within central Leelanau County just minutes from downtown Traverse City & Suttons Bay!
LISTING SOLD by Oltersdorf Realty LLC on 5/1/2017
1451 S Bay View Trail, Suttons Bay, MI – Spectacular Panoramic West Bay View
Asking Price: $439,900
Spectacular 180 degree water views over West Grand Traverse Bay are featured throughout this extraordinary home located on a very private wooded lot offering natural low-maintenance landscaping and fully controlled unobstructed elevated water views! Enjoy 2700+ sq. ft. of finished living area, an open living room with a brick fireplace and new hardwood flooring, a large open kitchen with new cork flooring, 3 bedrooms, 3 baths, office with built-in Murphy bed, walk out lower level, and extra deep attached garage! Wonderful low traffic location on a county maintained cul-de-sac and access to 182' of shared frontage on West Bay
LISTED & SOLD by Oltersdorf Realty LLC on 4/28/2017
11568 E Casperson Road, Northport, MI – Home on 8.67 Acres & Bay Views
Asking Price: $197,300
Sweeping 180 degree Bay views are enjoyed from throughout this charming vacation retreat offering 672 sq ft of finished living area, an open great room with vaulted ceilings and white washed tongue & grove wall accents, cherry hardwood flooring, brick natural fireplace, a/c, gas forced air heating, large deck, 2 car attached garage, and much more! The 8.67 acre parcel offers available land divisions, shared pond frontage, fruit trees, and a wonderful quiet setting just south of the Village of Northport. The home is being sold in as-is condition, there is not a well or septic system on the property.
LISTING SOLD by Oltersdorf Realty LLC on 4/21/2017
110 W Terrace Lane Commons, Leland, MI - Leland Home Close to Downtown
Asking Price: $387,500
This quality constructed 2000+ sq ft cedar sided, metal roofed home is within 3 blocks of Lake Michigan access in Leland and offers an open great room with cherry kitchen cabinetry, maple flooring, tiger mapleand cherry accents, vaulted ceilings,3 bedrooms, family room/guest suite, 3 baths, and a 3 car attached garage. Step outside and enjoy a peaceful fenced private rear yard, large entertaining deck, and rear yard covered porch! Within walking & biking distance to restaurants, shops, beach access, and the Leland Harbor!
LISTED & SOLD by Oltersdorf Realty LLC on 4/21/2017
12555 E Tatch Road, Omena, MI - 4 Bedroom Home + Large Workshop
Asking Price: $185,000
Desirable one floor living is offered throughout this large move-in ready ranch home featuring 3,000+ sq ft of finished living space, 4 bedrooms, 3.5 baths, open kitchen/living room with a freestanding gas stove, spacious master bedroom suite with a walk-in closet & private bath, 430 sq ft hobby/sewing room, 750 sq ft heated workshop, and an oversized 40x24 attached heated garage! The beautiful 3.22 acre countryside setting also features a sprinkler system, gardens, 2 storage sheds, composite deck, covered porch, and is within walking distance to dinner & the beach in downtown Omena!
PLEASE CLICK HERE FOR ADDITIONAL INFORMATION ON THIS NEW LISTING!
The 2017 first quarter (January 1 – March 31) home sales data have been posted in the charts above. The home sales statistics compare real estate housing sold in Leelanau County from January 1, 2017 through March 31, 2017 to the same time period in 2016, 2015, 2014, 2013, 2012, and 2011. 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.
2017 Leelanau County Home Sales Volume has increased a +22.41% compared to this time last year and total houses sold has increased +5.71% over last year. Average sales price has increased +15.79% and Median Sales Price has increased +2.98%. The first quarter is by far the slowest 3 months of real estate sales in Leelanau County, especially with upper price ranges and waterfront property on West Grand Traverse Bay, Lake Michigan, Glen Lake, and Lake Leelanau.
This report is based upon sales information obtained from the Northern Great Lakes Realtors MLS from 2011-2017. 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 2017 first quarter (January 1 – March 31) home sales data for Grand Traverse County has been posted in the charts above. The home sales statistics compare real estate housing sold in Grand Traverse County from January 1, 2017 through March 31, 2017 to the same time period in 2016, 2015, 2014, 2013, 2012, and 2011. 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.
So far in 2017 Grand Traverse County Home Sales Volume has increased +3.73% over 2016. Average sales price is up +4.77% while Median Sales price is up +5.23%. Total number of units sold has decreased -0.99%. For the 4th year in a row there remains low home inventory, especially in the downtown Traverse City Area.
This report is based upon sales information obtained from the Northern Great Lakes Realtors MLS from 2011-2017. 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
CREATED SALE SOLD by Oltersdorf Realty LLC on 4/7/2017
S Nanagosa Trail, Suttons Bay, MI - 2.15 Acre Vacant Parcel
Asking Price: $55,000
This beautiful wooded and rolling hilltop building site enjoys seasonal Bay views. Natural gas, electric, phone, cable, and high speed internet are available at road. County maintained road, no association dues.
LISTING SOLD by Oltersdorf Realty LLC on 4/6/2017
S Maple Valley Road, Suttons Bay, MI - 10.00 Acre Vacant Parcel
Asking Price: $79,500
Beautiful wooded & rolling 10 acre vacant building site adjacent to other large parcels featuring rural countryside views and situated on a paved county maintained road just 4 miles to Suttons Bay and 15 minutes to Traverse City.
LISTING SOLD by Oltersdorf Realty LLC on 4/3/2017
2736 S Lake Leelanau Drive, Lake Leelanau, MI - 100' of Private Direct Frontage on South Lake Leelanau
Asking Price: $529,000
Exceptional opportunity to own 100’ of direct sandy bottom water frontage on Lake Leelanau with this large family home offering 4,400+ sq ft of finished living area; 4 bedrooms and 3 baths; open great room with two story cathedral ceilings, large door walls, expansive views, and stone fireplace; walkout partially finished lower level with second family room; 2 car attached garage with large workshop; 2 story detached garage/storage barn; outdoor shower; and wonderful elevated & wooded western facing sunset water views!
LISTING SOLD by Oltersdorf Realty LLC on 3/27/2017
254 W Summerset Court, Suttons Bay, MI - Village of Suttons Bay Vacant Lot
Asking Price: $54,900
This gently sloping 0.62 acre building site is located on the north end of the Village of Suttons Bay on a private cul-de-sac location setback nicely from the road and offers water views, municipal sewer & water, and low association dues of only ~$430 per year! Amenities across the street include a tennis court, indoor pool, hot tub, gym, and optional marina slip. Only a short walk or bike ride to downtown for dinner and a movie!
LISTED & SOLD by Oltersdorf Realty LLC on 3/24/2017
135 S Nanagosa Trail, Suttons Bay, MI - Ranch Home & 100' on West Grand Traverse Bay
Asking Price: $595,000
Suttons Bay Private Direct Waterfront ranch home on the desirable Stony Point peninsula features a very deep and very private wooded lot, 100 feet of frontage on West Grand Traverse Bay, a large great room with cathedral ceilings and floor to ceiling glass-door walls which walk out to an impressive deck offering dramatic sunrise views of Old Mission Peninsula! Wonderful quiet paved county road within neighborhood of quality waterfront homes!
LISTED & SOLD by Oltersdorf Realty LLC on 3/13/2017
7545 E Obrien Road, Lake Leelanau, MI - 3 Bedroom Ranch Home on 7 Acres & Pole Barn
Asking Price: $255,000
Situated on 7.00 acres in a fantastic countryside location this 3 bedroom vinyl sided ranch home features hardwood flooring throughout, an open great room with a wood stove, covered front porch, rear deck with a screened-in porch, full unfinished basement, attached 2 car garage, and an additional detached 24’x36’ garage with electricity! Beautiful acreage views outside your back door!
LISTED & SOLD by Oltersdorf Realty LLC on 3/13/2017
11638 E Belanger Woods Drive, Suttons Bay, MI - Elevated Water Views
Asking Price: $119,000
This 2.22 acre wooded building site offers elevated and sweeping panoramic water views of Grand Traverse Bay, and complete privacy within this wonderful neighborhood of large acreage building sites and quality homes! Association amenities include paved private roads, underground utilities including natural gas & cable. A wonderful setting to build your dream home in a convenient location just north of Suttons Bay in picturesque Leelanau County! Call for details!
SOLD by Oltersdorf Realty LLC on 3/10/2017
10636 S Plowman Road, Glen Arbor, MI - Affordable Leelanau County Home on 2.25 Acres
Asking Price: $169,900
This affordable Glen Arbor ranch home is situated on a beautiful 2.25 acre parcel and features 3 bedrooms, 1,440 sq ft, wood stove, new septic system, and an oversized 2+ car garage. The 2.25 acre gently sloping lot features a meandering stream and is located just minutes from the Sleeping Bear Dunes National Lakeshore, Glen Lake, Lake Michigan beaches, downtown Glen Arbor and Empire!
SOLD by Oltersdorf Realty LLC on 2/28/2017
5675 E Hoxie Road, Cedar, MI - 4800 Sq Ft Home + 76 Acres
Asking Price: Undisclosed
Spectacular one-of-a-kind high quality craftsman home nicely secluded on 76 acres of rolling, wooded, and open terrain. The home features 4800 sq ft of finished living space, 4 bedrooms, 3.5 baths, open great room, exorbitant mechanical systems, and an attached 3 car heated garage. Package also includes an oversized 2+ car detached building and a large pole barn and fenced pasture. Truly an estate sized parcel!
Out of curiosity I wanted to chart the average home sales price and median sales price in Leelanau County compared to the S&P 500 Index year-end value dating back to 2004 to determine just how correlated the three data sets are. As expected, you can see in the graph above there is a significant trend between the rise and fall of home prices and the rise and fall of the S&P 500 Index. Even though our real estate market has recovered significantly since 2008-2009 it hasn’t approached the astonishing growth of the stock index during that timeframe. Is the stock market significantly overvalued today? Will Leelanau County home values continue their growth trajectory? No one can predict with certainty what will happen but we can try!
This report is based upon sales information obtained from the Traverse Area Multiple Listing Service from 2004-2016. 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
LISTED & SOLD by Oltersdorf Realty LLC on 2/10/2017
7156 N W Bay Shore Drive, Northport, MI – Vacant 150’ of Sandy Frontage on Grand Traverse Bay
Asking Price: $385,000
Beautiful wooded waterfront building site featuring 150’ of private direct sandy bottom frontage on Grand Traverse Bay, 1.67+ private acres, shared pond & creek, natural gas & cable high speed internet available, and a private drive shared with only 2 other homes located just north of Omena well off of M-22! The property corners have been marked and the parcel is ready for your dream home!
The 2016 year end (January 1 – December 31) home sales data have been posted in the charts above. The home sales statistics compare real estate housing sold in Leelanau County from January 1, 2016 through December 31, 2016 to the same time period in 2015, 2014, 2013, 2012, 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.
2016 Leelanau County Home Sales Volume increased +24.16% over last year's numbers, Units Sold increased +16.01%, Average Sales Price increased +7.20%, and Median Sales Price increased +3.51%.
This report is based upon sales information obtained from the Traverse Area Multiple Listing Service from 2010-2016. 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
