676 S Lake Leelanau Drive, Lake Leelanau - SOLD

SOLD LAKE LEELANAU WATERFRONT HOME

 SOLD by Oltersdorf Realty LLC on 1/20/2015
676 S Lake Leelanau Drive, Lake Leelanau, MI - 150' on South Lake Leelanau
Asking Price: $415,000

Charming Lake Leelanau Cottage! This 1950’s home offers 150 feet of private direct frontage on South Lake Leelanau with desirable sunset views, 3 bedrooms, 1 bath, and plenty of room for expansion! A 273 sq ft guest cottage offers extra room on this deep parcel located in central Leelanau County! Fantastic turn-key vacation rental property only minutes from Leland, Suttons Bay, & Omena and only a short drive to downtown Traverse City & Glen Arbor / Sleeping Bear Dunes!

*Photos provided by Leelanau Dream LLC

S Popp Road, 60 Acres, Lake Leelanau - NEW LISTING

SOLD LAKE LEELANAU ACREAGE

LISTING SOLD by Oltersdorf Realty LLC on 1/20/2015
S Popp Road & E Linguar Road, Lake Leelanau, MI - 60 Acres
Asking Price: $250,000

Fantastic value for this 60 acre agricultural parcel just 2 miles from downtown Lake Leelanau on the northeast corner of S Popp Road and E Lingaur Road! Surrounded by neighboring orchards the variety of topography offers it all: rolling, flat, pines, hardwoods, & open land! Beautiful location in the center of Leelanau County!

Record Eagle Article: 1/17/2015

Traverse City Record Eagle:
Real Estate Rebound Continues After Recession

The Traverse City Record Eagle had a short article in Saturday's (1/17/2015) edition briefly highlighting the end of the year statistics. Their reporter Carol Thompson called our office and spoke with Vicky Oltersdorf regarding the 2014 year-end and the future outlook for 2015. Here is the excerpt of the published portion of the interview.

Oltersdorf Realty broker Vicky Oltersdorf said real estate sales remained strong in November and December, a time when the market usually dips. Calm December weather may be the reason for the uptick.

“We have not had a slowdown,” Oltersdorf said. “December was extremely strong and I’m hoping it will be a very strong January.”

Oltersdorf works in Leelanau and Grand Traverse counties. She said homes in good condition in agricultural areas (vacant land acreage) are in high demand across both counties, but the Northport market saw significant growth.

“Northport really came a long way this year,” she said. “Northport is moving really nicely.”

You can read the full article here: http://www.record-eagle.com/news/business/real-estate-rebound-continues-after-recession/article_429da7b9-91ee-546b-95b3-fa8e0dc40d6c.html

Current Mortgage Rates - 1/15/2015

Current 30 Year Fixed - Home Mortgage Rates (Average)

The national average interest rate for a 30 year fixed mortgage has been slowly creeping down for the last 12 months to the current average rate of just under 3.75%. The graph above shows the 5 year history of average mortgage rates in the United States.

600 E Front Street, Unit #37, Traverse City - SOLD

SOLD DOWNTOWN TRAVERSE CITY WATER VIEW CONDO

SOLD by Oltersdorf Realty LLC on 1/8/2015
600 E Front Street, Unit #37, Traverse City - Downtown Water View Condominium
Asking Price: $850,000

Stunning Downtown Traverse City penthouse offers that convenient lifestyle you have been looking for! This rooftop condominium offers sweeping water views of West Grand Traverse Bay, one floor living, 2 bedrooms, 2 baths, 1888 sq ft, modern finishes, and rare attached garage situated just blocks from the beaches, restaurants, shopping, and entertainment of downtown Traverse City!

766 N Deer Path, Suttons Bay – SOLD

SOLD VILLAGE OF SUTTONS BAY CONDO

SOLD by Oltersdorf Realty LLC on 1/14/2015
766 N Deer Path, Suttons Bay - Suttons Bay Yacht Club Condominium
Asking Price: $234,900

Beautifully updated Suttons Bay Yacht Club Condominium offers 2 bedrooms, 2 baths, 1440 sq ft, bright and cheerful colors, one car detached garage, and much more! Association amenities include an in-ground pool with sweeping bay views, sandy beach access on Suttons Bay, tennis courts, fishing pond, and all exterior maintenance!

*Photos courtesy of the Traverse Area Association of Realtors.

Leelanau County - Highest Real Estate Sales of 2014

Leelanau County - Highest Real Estate Sales of 2014

2015 has arrived! Let’s go back and look at the highest real estate sales in Leelanau County that occurred during 2014. This list includes houses, vacant land, and commercial real estate listings. The final overall 2014 sales statistics will be posted on this blog once they are finalized by our MLS in a few weeks so please check back!

This report is based upon sales information obtained from the Traverse Area Multiple Listing Service in 2014. 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.

Click Here to View Listings & Photos

Address	Ask Price	MLS #	Type	County	Township	# Acres	Waterfront
12935 S W Bay Shore Drive	$6,950,000	1780895	OFF	Leelanau	Elmwood	4.76	Y
12687 E Magic Carpet Court	$3,498,000	1729488	RES	Leelanau	Leelanau	3.7	Y
5207 N Manitou Trail	$3,900,000	1738096	RES	Leelanau	Leland	14	Y
2011 N Wardens Point Road	$2,175,000	1784025	RES	Leelanau	Leland	1.58	Y
5196 N Manitou Trail	$1,495,000	1787137	VAC	Leelanau	Leland	2	Y
5833 W Northwood Drive	$1,595,000	1777456	RES	Leelanau	Glen Arbor	1.4	Y
1 South Beach	$1,500,000	1786814	RES	Leelanau	Glen Arbor		Y
3410 N Manitou Trail	$1,497,000	1787973	RES	Leelanau	Leland	1.3	Y
1229 N Leland Estates Drive	$1,325,000	1788870	RES	Leelanau	Leland	5.19	Y
13380 S W Bay Shore Drive	$1,285,000	1747879	MU	Leelanau	Elmwood	11.45	Y

Grand Traverse County - Highest Real Estate Sales of 2014

Grand Traverse County - Highest Real Estate Sales of 2014

2015 has arrived! Let’s go back and look at the highest real estate sales in Grand Traverse County (Traverse City) that occurred during 2014. This list includes houses, vacant land, and commercial real estate listings. The final overall 2014 sales statistics will be posted on this blog once they are finalized by our MLS in a few weeks so please check back!

This report is based upon sales information obtained from the Traverse Area Multiple Listing Service in 2014. 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.

Click Here to View Listings & Photos

Address	Ask Price	MLS #	Type	County	Township	# Acres	Waterfront
15634 Smokey Hollow Road	$3,900,000	1746803	VAC	Grand Traverse	Peninsula	81.21	Y
1402 Carlisle Road	$2,600,000	1792549	MU	Grand Traverse	East Bay	25	N
1561 Laitner Drive	$2,395,000	1786746	IND	Grand Traverse	Garfield	2.66	N
10306 Stoneybeach Pointe	$1,775,000	1782566	RES	Grand Traverse	Peninsula	1.54	Y
15411 Kroupa Road	$1,500,000	1745747	RES	Grand Traverse	Peninsula	95	Y
12586 Center Road	$1,495,000	1789608	RES	Grand Traverse	Peninsula	58.29	N
16842 Smokey Hollow	$1,400,000	1782795	RES	Grand Traverse	Peninsula	3.08	Y
523 Eastwood Shores	$1,199,500	1784681	RES	Grand Traverse	Long Lake	0.53	Y
7307 Peninsula Drive	$1,195,000	1782592	RES	Grand Traverse	Peninsula	0.39	Y
2841 Forest Lodge Drive	$1,125,000	1748964	RES	Grand Traverse	Long Lake	3.67	Y

392 S Lake Leelanau Drive, Lake Leelanau - NEW LISTING

SOLD SOUTH LAKE LEELANAU WATERFRONT HOME

LISTING SOLD by Oltersdorf Realty LLC on 1/12/2015
392 S Lake Leelanau Drive, Lake Leelanau, MI - 330' on Lake Leelanau
Asking Price: $579,000

Expansive Lake Leelanau views are enjoyed with this rare estate size 2.10 acre parcel and charming cottage offering 330’ of direct walkout frontage, privacy, and western facing sunset views on Lake Leelanau! The quaint existing cottage and guest house offers 2 bedrooms, appealing knotty pine interior, vinyl siding, basement, 2 car garage, and a drain field, all in a beautiful park like setting with plenty of room for expansion!

1.90 Acres on S Lee Point Road, Suttons Bay - SOLD

SOLD SUTTONS BAY WATERFRONT PARCEL

LISTING SOLD by Oltersdorf Realty LLC on 1/6/2015
S Lee Point Road, Suttons Bay - 100' on West Grand Traverse Bay
Asking Price: $229,000

This 1.9 acre waterfront building site offers rare southern facing panoramic views of West Grand Traverse Bay and 100’ of private across the road water frontage on a quiet 35 mph low traffic county maintained roadway!  With room for additional accessory outbuildings and more, this amazing very private 835’ deep wooded parcel offers wonderful building potential for a primary or a vacation home. Property backs to large acreage parcel and is a nature lovers paradise!

4730 Rokos Court, Traverse City - SOLD by Oltersdorf Realty LLC

SOLD TRAVERSE CITY HOME

LISTING SOLD by Oltersdorf Realty LLC on 1/2/2015
4730 Rokos Court, Traverse City, MI - Ranch Home
Asking Price: $199,000

Location, location, location! Situated just 4 miles west of downtown Traverse City this beautifully maintained ranch home features 1,973 sq ft of finished living space, 3 bedrooms, 2.5 baths, a finished walkout lower level, 2 car attached garage, extensive landscaping, shed, and a newly installed sprinkler system! Close to schools, shopping, entertainment, Munson, and more!

10745 S Timberlee Drive, Traverse City - SOLD

SOLD TRAVERSE CITY CONDOMINIUM

SOLD by Oltersdorf Realty LLC on 12/23/2014
10745 S Timberlee Drive, Traverse City
Asking Price: $99,900

Fantastic location for this Cherry Square condo located close to Traverse City in Leelanau County with lakefront membership access on South Lake Leelanau! Condominium features include 4 bedrooms, 1.5 bath, new kitchen with granite countertops, new carpeting, unfinished basement, and much more!

*Photos courtesy of the Traverse Area Association of Realtors.

8127 S Shoreside Drive, Traverse City - SOLD

SOLD TRAVERSE CITY WATER VIEW LOT

SOLD by Oltersdorf Realty LLC on 12/23/2014
8127 S Shoreside Drive, Traverse City, MI
Asking Price: $80,000

Beautiful elevated vacant building site with water views of West Grand Traverse Bay and Power Island only 10 minutes from Traverse City in popular Lakeview Hills within Leelanau County. This parcel already has a driveway installed, an older well and drain field, and includes 231' of shared West Grand Traverse Bay water frontage!

107 E Fifth Street, Northport - SOLD

SOLD VILLAGE OF NORTHPORT HOME

LISTING SOLD by Oltersdorf Realty LLC on 12/17/2014

107 E Fifth Street, Northport, MI - Village of Northport
Asking Price: $310,000

Beautifully appointed, renovated, and thoroughly updated Village home offers a wonderful open floor plan, newer kitchen with custom maple cabinetry & solid surface counter tops, 3 bedrooms, office, hardwood flooring, charming wraparound covered front porch large screened-in rear porch, garage with walk up storage, beautifully landscaped private yard, whole house generator, and shed! Walk to dinner, the beach, and marina!

1573 S Montmorency Lane, Suttons Bay - SOLD

SOLD SUTTONS BAY HOME

SOLD by Oltersdorf Realty LLC on 12/5/2014
1573 S Montmorency Lane, Suttons Bay
Asking Price: $290,000

Move-in ready home located on desirable Stony Point Peninsula! Features of this home built in 2002 include 2,082 finished sq ft, 3 bedrooms, 2.5 baths, main floor living, full unfinished basement, attached garage, underground sprinkler system, additional 30x40 outbuilding, and more!

*Photos courtesy of the Traverse Area Association of Realtors.

7970 N Swede Road, Northport - SOLD

SOLD NORTHPORT WATER VIEW HOME

LISTING SOLD by Oltersdorf Realty LLC on 12/5/2014
7970 N Swede Road, Northport, MI - 8 Acres & Elevated Bay Views!
Asking Price: $289,000

   

Enjoy breathtaking elevated panoramic views of Grand Traverse Bay from throughout this home and property offering 8 rolling & private wooded acres, 3 bedrooms, 3 baths, 2240 finished square feet of living space, screened-in porch, full unfinished basement, and an oversized attached garage! Peaceful and charming Leelanau County setting with countryside views adjacent to neighboring vineyards and orchards!

11116 E Meadow View Drive, Suttons Bay - SOLD

SOLD SUTTONS BAY HOME

LISTING SOLD by Oltersdorf Realty LLC on 12/5/2014
11116 E Meadow View Drive, Suttons Bay, MI - Newer Ranch Home
Asking Price: $179,500

This newer 1500+ sq ft low maintenance vinyl sided ranch home enjoys an spacious great room, 3 bedrooms, 2 ceramic tiled baths, a large private master bedroom suite with a private bath, newer maple flooring, full unfinished basement with egress window, new a/c, and a 2 car attached garage! Fantastic location between Traverse City and Suttons Bay in desirable Leelanau County!

6356 Singletree Lane, Williamsburg - SOLD

SOLD TRAVERSE CITY /  ACME CONDOMINIUM

SOLD by Oltersdorf Realty LLC on 11/24/2014
6356 Singletree Lane, Williamsburg, MI - Traverse City Condominium
Asking Price: $234,900

Enjoy maintenance free condominium living overlooking “The Spruce” golf course at The Grand Traverse Resort! This 3 bedroom, 2.5 bath, 1600 sq ft condo features main floor living, open living room with a fireplace, stainless steel appliances, rear deck, and 1.5 car garage!

*Photos courtesy of the Traverse Area Association of Realtors.

E Nicholas Drive, Traverse City - NEW LISTING

NEW LISTING

$75,000 - E Nicholas Drive, Traverse City, MI - 10.01 Acres

   

Fantastic location for this 10.01 acre building site located between Suttons Bay & Traverse City just off of S Lake Leelanau Drive on a shared private drive. The wooded acreage offers a variety of building site locations, sloping topography, and partial seasonal Lake Leelanau views. A likely future land split could provide an opportunity for a couple building sites, contact the Bingham Township Zoning Administrator for requirements.

PLEASE CLICK HERE FOR MORE INFORMATION ON THIS NEW LISTING!

405 N Vincer Way #5, Northport - SOLD

SOLD VILLAGE OF NORTHPORT CONDOMINIUM

LISTED & SOLD by Oltersdorf Realty LLC on 11/14/2014
405 N Vincer Way #5, Northport, MI - Village of Northport Condominium
Asking Price: $219,000

This spacious 4+ bedroom, 4 bath Village of Northport condominium offers a great room with soaring vaulted ceilings, 2 main level master suites, 2600+ sq ft of living area, quality wood trim and doors, a finished walkout lower level with a family room, bedroom & full bath, and an attached garage! Enjoy peaceful sunset views from your private rear deck and still be within walking distance to dinner downtown and the sandy beachfront park & marina!