Suttons Bay Twp, MI 49653,1399 S Lake Leelanau

$900,000

Est. payment /mo

$995,000

9.5%
Est.Price: ?

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1399 S Lake Leelanau Suttons Bay Twp, MI 49653

3,150 SqFt

SOLD DATE : 03/18/2024

Key Details

Sold Price $900,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 3,150 sqft

Price per Sqft $285

MLS Listing ID 78080013100

Sold Date 03/18/24

Originating Board Aspire North REALTORS®

Year Built 1998

Annual Tax Amount $6,612

Lot Size 12.200 Acres

Acres 12.2

Lot Dimensions Irreg (See Survey)

Property Description

OWNER FINANCING OPTION! Attention Entrepreneurs! This unique, flex-opportunity property offers so many options. The current business on the property is a 5-star AirBnB and spiritual retreat center. This property offering is ready to evolve to the next step, led by a savvy investor with unlimited vision for future possibilities. Located on South Lake Leelanau Drive, and currently being run as a 5-star, short-term vacation property, the spacious 3,100 sq. ft. residence is immaculately maintained, offering five bedrooms, three full baths, an office, mother-in-law suite, wine cellar, classroom area, heated workshop and earth-shed/fish-hatchery, all with panoramic views of nature at its best. The wrap-around deck provides plenty of entertaining space, overlooking the fishing ponds fed by a natural artesian well and a 2 acre open pasture ready for livestock grazing, agriculture farming or additional buildings. The natural, gravity-fed irrigation systems main trunk line is already in place. Just a few steps from the home, an extra-large insulated pole barn with a 12ft ceilings, two 10ft overhead doors is perfect for storing all your recreational vehicles or equipment and also has a private, heated office wired for phone/internet service for a home-based office. The property's scenic grounds offer rolling hillsides, wooded acreage with a generous selection of hardwoods, streams and walking paths for peaceful reflection. Lake Leelanau public boat launch is located just two miles away which allows for a quick access to get out on the open waters. The area's public and private schools offer education amenities that bring people from outside their geographic area to this community. Leelanau County provides 4 season fun with wineries, bike paths, fabulous beaches and small town tourism. This property is centrally located between Lake Michigan Sand Dunes and the tourism towns of Leland, Lake Leelanau, Glen Lake, Suttons Bay and Traverse City.

Location

State MI

County Leelanau

Area Suttons Bay Twp

Zoning Agricultural

Interior

Heating Heat Pump, Zoned

Heat Source Heat Pump, Electric, Wood

Exterior

Roof Type Metal

Building

Foundation Basement

Sewer Septic Tank (Existing)

Water Well (Existing)

Structure Type Block/Concrete/Masonry,Steel

Schools

School District Leland

Others

Tax ID 01103600461

Ownership Private Owned

Acceptable Financing Cash, Conventional, Trade/Exchange

Listing Terms Cash, Conventional, Trade/Exchange

Financing Cash,Conventional,Trade/Exchange

Special Listing Condition Unknown/Data Share Listings

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Realcomp MLS
Listed by Kimberly A Kamrow of Keller Williams Northern Michi
Bought with Keller Williams Northern Michi

Craig Ward

Agent | License ID: 382487

+1(248) 217-1905

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