6528 S Lake Leelanau Drive, Traverse City - SOLD

SOLD SOUTH LAKE LEELANAU WATERFRONT PARCEL

6528 S Lake Leelanau Drive, Traverse City, MI
100 feet of direct private frontage on South Lake Leelanau
PARCEL SOLD by Oltersdorf Realty, LLC on 7/6/2012
Asking Price: $224,000


Fantastic 0.75 acre South Lake Leelanau building site with 100 feet of direct private water frontage and sunset views over Lake Leelanau! Great central Leelanau County location only minutes to Suttons Bay or Traverse City!

7888 W Welch Rd, Empire - SOLD

SOLD GLEN LAKE WATERFRONT HOME

 7888 W Welch Rd, Empire, MI
107 feet of direct frontage on Glen Lake
HOME SOLD by Oltersdorf Realty, LLC on 7/3/2012
Asking Price: $1,035,000

 

Beautiful custom home built in 2003 with 107 feet of private water frontage on Little Glen Lake in picturesque Leelanau County. Additional features include: 3000+ sq ft, 4 bedrooms and 3.5 baths, guest cottage, two car garage, 2.02 acre parcel and more! Fantastic location only minutes to Glen Arbor and the Sleeping Bear Dunes National Lakeshore!

12380 S W Bay Shore Dr, Traverse City - SOLD

SOLD CEDAR LAKE WATERFRONT HOME

 12380 S W Bay Shore Dr, Traverse City, MI
108 feet of direct frontage on Cedar Lake
HOME SOLD by Oltersdorf Realty, LLC on 7/2/2012
Asking Price: $1,250,000

  

Convenient Leelanau County waterfront home only minutes from downtown Traverse City! Home features include: new construction with 108 feet of private frontage on Cedar Lake, 1.86 acre parcel, 4145 finished sq ft, unfinished walkout lower level, 3 car garage, and countless top of the line features throughout.

1125 S Nanagosa Trail, Suttons Bay - NEW LISTING

NEW LISTING

$355,000 - 1125 S Nanagosa Trail, Suttons Bay - 100' on West Grand Traverse Bay

This 1,286 sq ft 3 bedroom & 2 bath Lindal Cedar home enjoys quality tongue and grove cedar ceilings and walls, beautiful water views and 100 feet of private frontage on West Grand Traverse Bay. Sunrise views over Old Mission Peninsula are enjoyed throughout most rooms of the home and the two waterfront decks! An ideal year round or vacation retreat located in a wonderful neighborhood, on a quiet, low traffic paved road. A great location 15 minutes to TC and just minutes to Suttons Bay Village!

 

PLEASE CLICK HERE FOR ADDITIONAL INFORMATION ON THIS NEW LISTING

Michigan Beach Grooming Legislation -SB 1052

Michigan Beach Grooming Legislation

SB 1052 has been passed by the Michigan Senate and the Michigan House and is currently on its way to Governor Rick Snyder for approval.

Lakefront vegetation has become more of an issue in recent years in Leelanau County and Grand Traverse County as water levels have receded exposing more shoreline and lake bottom allowing plants to grow. Previously a permit was required to remove vegetation. The new bill allows property owners on Lake Michigan (West Grand Traverse Bay & East Grand traverse Bay) to remove vegetation without a state permit.

The latest version of the legislation specifically says that the state or a local government may not regulate

• Leveling sand, removing vegetation, grooming soil, or removing debris, in an area of unconsolidated material predominantly composed of sand, rock, or pebbles, located between the ordinary high-water mark and the water's edge, or the
• Mowing vegetation between the ordinary high-water mark and the water's edge.

To read the full 27 page bill as passed by the house and senate on June 14, 2012 please click the following link: http://www.legislature.mi.gov/documents/2011-2012/billconcurred/Senate/pdf/2012-SCB-1052.pdf

10515 S Monaco Way, Traverse City, Leelanau County - SOLD

SOLD TRAVERSE CITY VACANT LOT

 10515 S Monaco Way, Traverse City, MI
Shared Water Access - La Riviera West
LISTING SOLD by Oltersdorf Realty, LLC on 6/7/2012
Asking Price: $85,000

This densely wooded Elmwood Township building site offers a Very Private Setting in the Desirable La Riviera West Development! A great location just minutes north of Traverse City in Leelanau County offering 550’ of shared West Bay frontage with optional boat dockage! A gently sloping terrain provides unlimited potential for building your dream home with wonderful natural, maintenance free or landscaped grounds.

W Jefferson Ave, Suttons Bay - SOLD

SOLD SUTTONS BAY VACANT LOT

W Jefferson Ave, Suttons Bay, MI 49682
2.8 Acre Bank Owned Foreclosure within the Village of Suttons Bay
LISTING SOLD by Oltersdorf Realty, LLC on 5/29/2012
Asking Price: $85,000

This gently sloped ~2.8 acre building site located on a paved private drive within the Village of Suttons Bay in Leelanau County offers a wonderful mix of hardwoods and potential second floor seasonal water views!  Exceptionally large parcel enjoys a very private, tranquil setting within a short walk to restaurants, shops, marina, beach, theater and schools!  Call or e-mail for details!

1535 S Donnybrook Rd, Suttons Bay - SOLD

 SOLD SUTTONS BAY WATERVIEW HOME

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!

Deb's Dish - Suttons Bay Business - SOLD

SOLD SUTTONS BAY BUSINESS

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.

New Listing: N Cathead Bay Dr, Lot 22, 100' on Lake Michigan

NEW LISTING

$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

Single Family Home Supply - Leelanau & Traverse City

Single Family Home Supply Declines

THIS POST WAS UPDATED ON 8/3/2012 AND YOU CAN FIND THE UPDATED HOME SUPPLY DATA BY CLICKING HERE

LEELANAU COUNTY

 

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. This post was updated on 8/3/2012 HERE.


Click Here for: Updated 2012 Grand Traverse Home Sales Data - Posted October 2012

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

 

 

8882 S West-Bay Shore Dr, Leelanau County - SOLD

 SOLD TRAVERSE CITY WATERVIEW HOME

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!

8882 S West-Bay Shore Dr, Traverse City

Jan-March 2012 Leelanau County Home Sales Stats & Data

January-March 1st Qtr 2012 Leelanau County Home Sales Data

The 2012 1st Quarter (January 1 – March 31st) 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

Jan-March 2012 Grand Traverse County Home Sales Stats & Data

January-March 2012 1st Qtr Grand Traverse County Home Sales Data

The 2012 1st Quarter (January 1 – March 31st) 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.

Click Here for: Updated 2012 Grand Traverse Home Sales Data - Posted October 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

202 S Shore Dr, Suttons Bay, Leelanau County - SOLD

 SOLD SUTTONS BAY WATERFRONT HOME

202 S Shore Dr, Suttons Bay, MI 49682
LISTED AND SOLD by Oltersdorf Realty, LLC on 4/16/2012
Asking Price: $379,000

Whether used as a year round home or vacation destination this charming cottage style home offers 50 feet of private, deep sandy beach frontage on desirable Suttons Bay ideal for swimming and boating, a relaxing atmosphere provided by pine tongue and groove walls and ceilings, hardwood flooring, 2100 sq ft of living area, a country kitchen with wonderful built-ins, master suite with vaulted ceilings, basement and garage! All within a short walk to Suttons Bay Village restaurants, theater & more!

1964 N Blue Water Court, Lot #29 - SOLD

SOLD WATER VIEW VACANT PARCEL

1964 N Blue Water Court, Unit #29, Suttons Bay, MI 49682
LISTING SOLD by Oltersdorf Realty, LLC on 4/11/2012
Asking Price: $59,000

  


Lot #29 of Blue Water Ridge is located just north of the year-round Village of Suttons Bay in Suttons Bay Township within Leelanau County. This vacant building site offers elevated water views of Suttons Bay and West Grand Traverse Bay from this fantastic development with underground utilities and a paved, private drive.

11255 E Fort Rd A-2, Suttons Bay - SOLD

SOLD FORT ROAD YORK CONDOMINIUM

11255 E Fort Rd A-2, Suttons Bay, MI 49682
SOLD by Oltersdorf Realty, LLC on 4/2/2012
Asking Price: $110,000


This completely remodeled York Condominium unit offers 3 bedrooms, 2 baths, and 1300 square feet of living space located within central Leelanau County between Traverse City and Suttons Bay. Additional features include hardwood flooring, updated kitchen with breakfast bar, acres of wooded and open shared common space including a pool and tennis courts! Recent updates include newer furnace & air conditioning system, bathroom cabinets and countertops, storm doors, water heater, water softener, and more! You can’t get more move-in ready than this!

Leelanau County named healthiest County in Michigan

2012 Michigan County Health Rankings
Leelanau County Ranked #1 in Michigan

Based on a new health report card from the Robert Wood Johnson Foundation Leelanau County has been named the healthiest overall County in Michigan for health outcomes. Factors impacting ranking include mortality rates, morbidity, health behaviors (smoking, obesity, physical inactivity, etc), clinical care, social & economic factors, and physical environment.

You can view the complete report and data here: http://www.countyhealthrankings.org/app/michigan/2012/leelanau/county/1/overall

118 N St Mary's St, Suttons Bay - SOLD

 SOLD VILLAGE OF SUTTONS BAY HOME

118 N St Mary's St, Suttons Bay, MI 49682
LISTING SOLD by Oltersdorf Realty, LLC on 4/2/2012
Asking Price: $130,000

This very affordable commercial property in the Village of Suttons Bay offers 1046 square feet of finished space, 9 ft main level ceilings, full basement, new furnace in 2009, 28 ft x 30 ft garage and a wonderful 80 ft x 125 ft Village lot. An ideal opportunity to own your own commercial building and start a business within the quaint Village of Suttons Bay! Zoned commercial although has historically been used as a single family residence!

Lake Michigan Water Levels - April 2012

Current Lake Michigan Water Levels

The United States Army Corps of Engineers collects and publishes current / past Lake Michigan water level data which is important to many property owners in Leelanau County and on Old Mission Peninsula. Their last reading took place yesterday on April 1, 2012.

April 1, 2012                   577.54 feet

Historic Water Levels
Avg Last Month                  577.42 feet
Avg Last Year                     577.14 feet
Minimum                           576.10 feet (1964)
Maximum                          581.50 feet (1986)
Long Term Avg                  578.70 feet

Click here to open/download the full report:
http://www.lre.usace.army.mil/hh/GreatLakesWaterLevels/GLWL-CurrentMonth-Feet.pdf

For more information on current & past historic records regarding the Great Lakes Water Levels please visit:
http://www.lre.usace.army.mil/greatlakes/hh/greatlakeswaterlevels/currentconditions/