NOT LISTED FOR SALE

2317 S Penwood Trail Leland, MI 49654

Leland Neighborhood

Estimated Value: $2,890,000 - $3,999,842

0.48 Acre
$7,061,002 Price per Acre
20,909 Sq Ft Lot

Last Sold September 29, 2017

Last sale price $415,000

Est. 717% increase in value since last sale

Current estimated payment $21,304/month

155 Days on Market

Highlights

  • Private Waterfront
  • Sandy Beach
  • Level Lot
  • Deeded Waterfront Access Rights
  • Wooded Lot

About This Lot

As of September 2017

Parcel 1 is .48 acres with 102' of direct Leland River frontage. This is one of the most unique and well known properties in Leland. If you have traveled the Leland River you know this wonderful property. Enjoy all the amenities that the village of Leland offers and more! Parcel features a private drive to your riverfront building site along with utilities. Don't miss this once in a lifetime offering - it's time to build your river front cottage or home in the heart of beautiful Leland.

Last Agent to Sell the Property

Perry Pentiuk

Venture Property LLC License #6502104333 Listed on: 04/12/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $38,958

Lot Details

  • 0.48 Acre Lot
  • Private Waterfront
  • 102 Feet of Waterfront
  • Sandy Beach
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Utilities

  • Underground Utilities
  • Well
  • Cable TV Available

Community Details

  • Water Sports
  • Deeded Waterfront Access Rights
  • Property is near a lake

Property Details

Property Type

Land

Est. Annual Taxes

$38,958

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Private Shared: Private
  • Section Number: 9
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 864583.33
  • Range: R 12W

Exterior Features

  • Body Of Water: Leland River
  • Number Of Acres: 0.48
  • Road: Association, Gravel, Privately Maintained
  • Water Features: Priv Frontage (Wtr Side), All Sports, Sandy Bottom, Public Lake
  • Waterfront Frontage: 102

Utilities

  • Utilities Available: Cable Tv, Natural Gas, Underground Electric
  • Waste Available: Municipal
  • Waste Installed: Municipal
  • Water Available: Private Well

Association/Amenities

  • Development Name: Metes & Bounds

Schools

  • School District: Leland Public School District

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level, Some Lowland Areas, Wooded
  • Lot Dimensions: 102
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Bldg & Use Restrictions

MLS Schools

  • School District: Leland Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2017
Closed on
Sep 29, 2017
Sold by
Not Available From County
Bought by
Zorn David M and Zorn Kenna S
Seller's Agent
Perry Pentiuk
Venture Property LLC
List Price
$454,000
Sold Price
$415,000
Premium/Discount to List
-$39,000
-8.59%
Current Estimated Value
$3,389,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,974,281
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zorn David M $415,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $415,000 -8.6% --
09/14/2017 09/14/17 Pending -- -- --
04/12/2017 04/12/17 For Sale $454,000 -- --
Source: Northern Great Lakes REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $38,958 $1,797,000 $0 $0
2024 $32,401 $1,503,900 $0 $0
2023 $30,633 $1,506,200 $0 $0
2022 $35,132 $1,115,800 $0 $0
2021 $15,755 $958,100 $0 $0
2020 $15,996 $855,600 $0 $0
2019 $9,702 $312,100 $0 $0
2018 -- $242,300 $0 $0
2017 -- $242,300 $0 $0
2016 -- $242,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Perry Pentiuk

    Venture Property LLC

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1830255

Northern Great Lakes REALTORS® MLS

APN: 009-670-103-10

Michigan Leelanau County Leland 49654 Leland

2317 S Penwood Trail, Leland, MI

This home is located at 2317 S Penwood Trail, Leland, MI 49654 since 12 April 2017 and is currently estimated at $3,389,281. 2317 S Penwood Trail is a home located in Leelanau County with nearby schools including Leland Public School and St. Mary School, Lake Leelanau.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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