2155 N Belanger Creek Drive, Suttons Bay – SOLD
A nice 1.32 acre parcel in a convenient and quiet location just 3 miles north of the year-round Village of Suttons Bay. This wonderful partially wooded building site offers beautiful bay views and shared creek frontage on Belanger Creek! Belanger Creek Development features 8.5 acres of common open space, paved private roads, and underground utilities including natural gas, cable, and much more! Gently sloping topography offers various building options including the potential for a ranch walkout, ready for construction of your Leelanau County dream home!
Lot 3 – E Spinnaker Lane, Suttons Bay – SOLD
This Suttons Bay building site, situated on the sought-after Stony Point Peninsula, boasts wonderful water views of West Grand Traverse Bay and Old Mission Peninsula. Nestled in a convenient location within "The Points" development on a county maintained road, this parcel is only 3 miles away from the charming year-round Village of Suttons Bay and Traverse City is a mere 15-minute drive away. This lot comes equipped with access to underground natural gas & high speed cable internet/tv, a soil evaluation is on file to show the suitability for traditional on-site septic. The low HOA dues of $225/year cover the upkeep of this development and reasonable building restrictions are in place (1,800 finished sq ft minimum excluding basements). While the views from the ground level are impressive year-round, they could be simply stunning from a future second story. Please note that tree trimming is allowed only to enhance the water view of co-owners, and neighbor’s vegetation cannot obstruct the water view of any co-owner. Take advantage of this opportunity to build your Leelanau County dream home on this remarkable property!
9988 E Crain Hill Road, Traverse City – SOLD
Built in 2019, this custom one-owner home has been meticulously designed and cared for. With its ideal ranch layout and main floor living, it presents an excellent low maintenance alternative to a condo. Boasting 2,764 square feet of living space, this residence features a thoughtfully designed floor plan that maximizes both functionality and style. As you enter, you'll be greeted by the warmth of the gas fireplace in the living room, accentuated by vaulted ceilings and gorgeous 3/4" oak hardwood flooring. The open great room seamlessly blends into the island kitchen, complete with quartzite countertops and modern appliances, making it the perfect space for entertaining. The spacious main floor master suite is a true sanctuary, offering a free-standing soaking tub for relaxation and a glass shower. Custom tile work throughout the home adds a touch of elegance and sophistication. Step downstairs to the finished lower level, which includes a secret play area, 2nd kitchen, and ample space for recreation and relaxation. This property is not only aesthetically pleasing but also practical. With a 3-car attached garage, you'll have plenty of room for vehicles and storage. The SmartSide Lap siding ensures durability and low maintenance and 2 beautiful covered porches provide the perfect spots to enjoy the fresh air. Attention to detail is evident in every corner of this home, with custom woodwork throughout, showcasing exquisite craftsmanship. The high-efficiency furnace and central air conditioning provide year-round comfort, while the main floor laundry adds convenience to your daily routine. Outdoor enthusiasts will appreciate the fire pit and the professionally landscaped yard with irrigation, making it a true oasis. The property has a private well and sewer system, providing added peace of mind. Note: The lower level 4th bedroom is non-conforming. Situated just 5 miles from Downtown Traverse City, you'll enjoy easy access to shopping, dining, and entertainment options!
10373 S Western Hills Drive – SOLD
Welcome to this stunning 1999 Parade home that combines craftsmanship, design, and privacy. Located on a beautifully landscaped 1.80 acre lot at the end of a private cul-de-sac, enjoy year-round West Bay water views with a protected view corridor and immaculate manicured grounds. Step inside to discover a meticulously maintained interior spanning over 4,550 finished sq ft. The main level offers a living room with impressive 18-foot ceilings, Bay views, and a cozy gas fireplace. The kitchen boasts new black stainless appliances, a large island, accent lighting, and is perfect for preparing gourmet meals or entertaining guests. Inviting main level 4-season sunroom features vaulted wood ceilings, beautiful views, and its own heating zone. A main level master bedroom suite is complete with a walk-in closet, jet tub, and separate shower. Upstairs, you'll find a loft area, full bath and two additional bedrooms, each offering comfort and privacy. The lower level of the home features a family room with a wet bar, ideal for hosting gatherings or enjoying movie nights. There is also a non-conforming bedroom and workshop that could possibly be converted into a 4th or 5th bedroom, offering flexibility to suit your needs. Enjoy the luxury of a 3+ car attached garage, complete with a 2nd staircase to the lower level workshop. The 420 sq ft unfinished bonus room above the garage provides possibilities for a home gym, media room, or play area. Outside, you'll find several inviting areas to relax with a cover front porch and 2 composite rear decks that create ample space for outdoor entertaining. Additionally, a stamped cement patio offers a perfect spot for barbecues, evening cocktails, or a spot to enjoy a morning cup of coffee. Conveniently located just 5 miles from Traverse City & within walking distance to a public roadside park/beach on West Bay. Experience the best of Traverse City living, this home goes above and beyond!
Lot 4 – W Oak Hill Trail, Maple City – SOLD
Looking for a serene location to build your dream home or vacation property in Leelanau County? Look no further than this 10-acre wooded property with 187 feet of private direct frontage on Davis Lake! Enjoy southwest facing views and a gently sloping topography that leads down to the water. The property boasts mixed hardwoods, frontage on both Maple City Road and peaceful Davis Lake, and has plenty of room to build your detached outbuilding. Conveniently located halfway between Traverse City and Sleeping Bear Dunes National Lakeshore, this property offers the perfect balance of seclusion and accessibility. High-speed Spectrum cable internet and TV, as well as underground electric, are available at the lot. Plus, a soil evaluation is on file to show the suitability for traditional on-site septic. No known deed restrictions against short term rentals (see zoning and restrictions attached - buyer to verify all details). While Davis Lake's restrictions prohibit water skiing and jet skiing, the 30-acre lake has a depth of 40’ at its deepest point offers a public launch site and plenty of opportunities for kayaking, fishing, and so much more. Don't miss out on the chance to build your Leelanau County dream home, 2nd home, or vacation rental on this beautiful property!
S Little Hampton Drive, Traverse City - SOLD
Welcome to your own piece of heaven in Leelanau County. This beautiful property offers two adjacent generous 2-acre lots with the potential for a walk-out design. . Located just a mere 10 minutes away from downtown TC, you'll enjoy the convenience of city amenities while relishing in the serenity of country living. S. Little Hampton Drive, a quaint dirt road, adds to the charm of this location. If you're looking to capitalize on your investment, short-term rentals are permitted, giving you the opportunity to generate additional income. Additionally, you have the option to become a member of the Lake Leelanau clubhouse and gain access to the beautiful beachfront for a nominal fee of $500 per year. Don't miss out on this unique opportunity to own your own slice of paradise.
5855 Cedar Run Road, Traverse City - SOLD
Introducing an exceptional property nestled on 5 acres of land with Agricultural zoning! This remarkable location offers a range of possibilities, suitable for both residential and potential light commercial uses. Ideally situated, it is a mere 8-minute drive from downtown Traverse City and just 5 minutes away from the beloved local hotspot, Moomers Ice Cream.
Step inside and be captivated by the charm of beautiful hardwood floors that flow throughout the main three bedrooms. The combined kitchen and dining room create a modern, open living space with seamless sight lines into the inviting living room. A versatile fourth non-conforming bedroom on the lower level provides flexibility to be utilized as an in-home office, craft room, kids' play area, or whatever suits your needs.
The lower level also boasts a family room and a convenient 3/4 bath. Laundry hook-ups can be found on both the main and lower levels, ensuring ease and convenience. Additionally, the main bathroom features a low threshold shower and grab handles for added accessibility.
This property further boasts an attached 2-car garage and three outbuildings, perfect for storing vehicles, recreational gear, and even accommodating a workshop. Enjoy the great outdoors with the awning-covered back patio, an ideal space for grilling and hosting outdoor gatherings that your entire family will adore.
Recent upgrades include a new roof for the home in 2020, ensuring lasting durability, and the pole building's roof was replaced in 2021.
5532 S West Bay Shore Drive, Suttons Bay – SOLD
This charming 3 bedroom, 1.5 bath ranch home offers 135 feet of private West Grand Traverse Bay water frontage and is conveniently located just 9 miles north of Traverse City! Enjoy wonderful unobstructed West Bay views, ~1,447 sq ft of desirable one floor living, an open living room with a brick gas fireplace (converted from wood), family room with large windows, spacious kitchen with breakfast bar, main floor laundry, a large unfinished basement with ample storage space, and 2 car attached garage. Attractive roof copper eyebrows, new Kolbe windows in 2003, and new pressure tank in 2023. The oversized ~1.07 acre parcel not only offers private water frontage but also a spacious rear yard with generous privacy perfect for outdoor gatherings backing to adjacent subdivision common area! Convenient access to the year-round Village of Suttons Bay and other local amenities. Short term rentals are allowed in Bingham Township with a township permit!
245 S Nanagosa Trail, Suttons Bay – SOLD
Experience the beauty of 100’ of West Grand Traverse Bay water frontage from the comfort of your own home on popular Stony Point Peninsula! This wonderful year-round house offers 2,700 + sq feet of spacious finished living area, open waterside living room with a brick wood burning fireplace and 3 large glass sliding doors, 3+ generously-sized bedrooms, 4 baths, an additional family room and den with egress windows and large closets, main floor bedroom, main floor laundry, 9 skylights, 1.5 car attached oversize garage with pull down storage, 6 private decks and/or balcony’s, and walkout to a large waterside deck offering wonderful bay views and a private beach! This low traffic neighborhood features county maintained roads, underground utilities including natural gas & high speed cable, and is situated within a 5 minute drive to the year-round Village of Suttons Bay and just 20 minutes to Traverse City! Note that the current septic system has been approved for a 3 bedroom house but with septic modifications the home could potentially be converted to a 4 or 5 bedroom house. Enjoy beautiful sunrise views over Old Mission Peninsula and indulge in outdoor activities such as bonfires, boating, kayaking, and so many unforgettable memories!
585 Madeira Drive, Traverse City - SOLD
Beautiful 4 bedroom, 3.5 bath 2,800+ sq ft home located in popular Verndale subdivision in East Bay Township. High quality construction throughout, open great room with island kitchen and gas fireplace, large 3 car garage, partially finished basement, and much more!
Lot 166 - N Forest Beach Shores, Northport – SOLD
Experience the beauty of waterfront living with this stunning property that offers 50 feet of direct sandy private frontage and breathtaking views of Grand Traverse Bay! The vacant building site gradually slopes down to the water's edge, making it the ideal location for those seeking a serene spot for a primary or vacation home in Leelanau County. Rest assured, a recent soil evaluation has been conducted to ensure the suitability of a traditional on-site septic system. Located in the Cherry Home Shores development, this property is conveniently situated near the end of a quiet, low-traffic, and paved county-maintained road. The neighborhood offers a variety of amenities, including a clubhouse, tennis and basketball courts, natural gas, and high-speed internet and cable TV. This is the perfect place to relax and take in the picturesque views of the private frontage on Grand Traverse Bay! Lot location is just north of 14240 N Forest Beach Drive, Northport. All association info can be found at: https://cherryhomeshores.com/ , short term rentals are not allowed.
8853 Center Road, Traverse City - SOLD
JUST SOLD | $405,000 – 8853 Center Road, Traverse City, MI – Hard to find vacant lot on Old Mission Peninsula featuring 223’ of private frontage on East Grand Traverse Bay and a large 1.30 acre building site with incredible views!
2777 Old Barn Road, Traverse City - SOLD
Property Taxes - Notice of Assessments
Helpful info for all Michigan property owners! Within the next 1-2 weeks you should receive in the mail (if you haven’t already) your “2023 Notice of Assessment” which has your 2023 property tax information on it. We always get a lot of questions on these notices so hopefully these graphics are helpful! It's especially important to be properly assessed the first year after a property/home purchase, after the first year your taxable value is locked in and can only increase each year by the rate of inflation or 5%, whichever is less.
2022 Leelanau Principal Residence Exemption Percentages
What percent of Leelanau County residential properties were claimed as a primary home in 2022?
In 2022, only 46.0% of Leelanau County's residential properties were designated as primary homes. This statistic has remained relatively unchanged for over a decade, despite the growth of short-term rental platforms such as Airbnb and VRBO. Historically, Leelanau County has always been a popular destination for 2nd home owners and seasonal properties. While the number of short-term rentals has increased, data suggests that these properties are mostly being converted from second homes or traditional long-term rentals, not primary residences.
New Leelanau County Septic & Water Test Ordinance
Effective today 1/27/2023 mandatory septic inspections & water tests are now required on any home sale in Leelanau County! Septic systems must be evaluated within 36 months prior to transfer and acceptable water samples must be collected within 6 months prior to transfer.
Leelanau County Home Inventory 2004-2022
Leelanau County Home Inventory 2004-2022
Leelanau County home inventory remains near it’s lowest level since our data began! Back in 2009-2011 we had a 2-4 year supply of existing homes on the market. Fast forward to 2021-2022 where we saw record low inventory resulting in just a 1-2 month supply of available houses. This record low inventory in 2022 resulted in just 15% of the total amount of houses come on the market that we saw in 2010. Currently in January 2023 we have a 1 month supply of available existing homes with less than 34 available houses on the market throughout the entire county and only 20 listed for sale <$1 million. Most real estate economists consider a 6 month supply to be a balanced market which we are well short of and likely will be throughout at least 2023.
Where did 2022 Leelanau Homebuyer's come from?
Where did 2022 Leelanau County homebuyer’s come from? In 2022 there were 333 buyers of residential real estate within Leelanau County. Although the data is not perfect we are able to break down those buyers by the zip code location that they use as their primary mailing address at time of purchase. In 2022 40.80% of Buyers have come from a zip code within Leelanau County or Grand Traverse County. Historically our buyers have come from within a 6 hour drive but as you can see in the chart above we are starting to get more homebuyer’s from other areas in the United States, especially out west in Colorado, California, and Texas.
What did Leelanau County Homebuyer’s Purchase in 2022?
In Leelanau County there were 333 residential home sales in 2022. What did Leelanau County home buyer’s purchase last year?
(click photos below to enlarge)
61.5% of all 2022 Leelanau County homes sales sold for more than $500,000. Leland and Glen Arbor Township combined for 32% of all residential sales volume, and 32% of all home sales were waterfront or condominiums. Purchasing a home in the first 9 months of 2022 often led to multiple offers due to extremely low home inventory, especially at entry level pricing or within the waterfront market. The market did see a slow down towards the end of 2022 as inventory numbers decreased heading into winter.
This report is based upon sales information obtained from the Northern Great Lakes Realtors MLS. Undisclosed sales and fractional ownership 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