$2,450,000
$50K PRICE DROP

348 E Sugar Bay Ln Cedar, MI 49621

Estimated payment $13,436/month

Total Views 12,887
4 Beds
3 Baths
3,050 Sq Ft
$803 Price per Sq Ft

Highlights

  • Private Waterfront
  • Second Garage
  • Wolf Appliances
  • Deeded Waterfront Access Rights
  • Cape Cod Architecture
  • Deck

About This Home

Discover a home where luxury meets tranquility on the north shores of Lime Lake. Here, timeless craftsmanship and lakeside charm blend in perfect harmony. Every detail has been thoughtfully designed and impeccably maintained to create a living experience defined by elegance, comfort, and serenity. Step inside and experience the difference thoughtful design makes. The gourmet kitchen is a chef’s dream—featuring a Wolf 6-burner stove, dual Thermador ovens, Sub-Zero refrigerator, and custom cabinetry that pairs beauty with function. Solid-surface countertops, a trash compactor, and abundant storage make everyday living and entertaining effortless. Beyond the kitchen, the great room showcases soaring ceilings, Alder wood accents, and expansive windows framing idyllic views. Warmth from the gas fireplace and an inviting, open flow make this the perfect space to gather with friends and family. Retreat to the primary suite with its sweeping lake vistas, a spa-inspired bath, and elevated finishes. Upstairs, new carpet, custom hickory cabinetry, a handcrafted railing, and wood-detailed ceilings continue the home’s theme of refined artistry, while remodeled bathrooms extend the blend of comfort and style. The home’s impeccable interior flows effortlessly to the outdoors, where manicured landscaping and expansive deck invite both morning coffee and starlit nights. Behind the scenes, thoughtful upgrades ensure comfort and reliability—dual furnaces, air conditioners, and water heaters, a Generac generator, and an encapsulated crawl space. Additional features include new shingles with heated roof valleys, new windows in key rooms, and a 16’x30’ secondary garage for added storage or workspace. Perfectly positioned in the heart of Leelanau County—just moments from Good Harbor Beach, wineries, golf courses, hiking trails, and the charming towns of Glen Arbor and Leland—this is a rare opportunity to own an exceptional home on one of the most peaceful lakes in Northern Michigan.

Listing Agent

T. J. Shimek

The Mitten Real Estate Group License #6506048854 Listed on: 10/22/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 0.98 Acre Lot
  • Lot Dimensions are 99x430x114x410
  • Private Waterfront
  • 100 Feet of Waterfront
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Swamp or Slough on Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Metal Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 3,050 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Mud Room
  • Formal Dining Room
  • Den
  • Loft
  • Crawl Space

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Wolf Appliances
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Second Garage
  • Garage Door Opener
  • Private Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Well
  • Water Softener is Owned
  • Cable TV Available

Community Details

Overview

  • Lime Lake Shores Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Cape Cod
  • Estimated Year Built: 1980
  • Construction: Frame
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1980

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Trash Compactor, Water Softener Owned, Washer, Dryer, Ceiling Fan
  • Interior Amenities: Jetted Tub, Walk-In Closet(s), Pantry, Loft, Granite Bath Tops, Granite Kitchen Tops, Island Kitchen, Mud Room, Formal Dining Room, Den/Study, Vaulted Ceilings
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 12x16
  • Bedroom 2: Dimensions: 12x20
  • Bedroom 3: Dimensions: 12x11
  • Bedroom 4: Dimensions: 12x12
  • Total Bathrooms: 3
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 3
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 8.5x14
  • Family Room: Dimensions: 23x30
  • Kitchen: Dimensions: 21x14
  • Living Room: Dimensions: 16x17
  • Range: R 13W
  • Total Finished Sf Apx: 3050

Exterior Features

  • Additional Buildings: Secondary Garage(s)
  • Body Of Water: Lime Lake
  • Exterior Features: Deck, Covered Porch, Landscaped, Gutters
  • Exterior Finish: Wood, Cement Board
  • Foundation: Crawl Space, Block
  • Number Of Acres: 0.98
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt, Metal/Steel
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Public Lake
  • Waterfront Frontage: 100

Garage/Parking

  • Driveway: Blacktop, Private
  • Garage Capacity: 2
  • Primary Garage: Attached, Door Opener, Paved Driveway, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air, Central Air, Zoned/Dual
  • Laundry: Dimensions: 9x14, On Level: Main Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Condo/Co-op/Association

  • Annual Association Fees: 50
  • Association Fees: Annual

Association/Amenities

  • Development Name: Lime Lake Shores

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded, Evergreens, Swamp, Some Lowland Areas, Level
  • Lot Dimensions: 99x430x114x410
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Leland Public School District

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,531 $520,400 $0 $0
2024 $4,579 $509,300 $0 $0
2023 $4,671 $552,100 $0 $0
2022 $5,732 $345,200 $0 $0
2021 $5,408 $324,400 $0 $0
2020 $5,408 $322,900 $0 $0
2019 $4,139 $280,400 $0 $0
2018 -- $278,000 $0 $0
2017 -- $279,000 $0 $0
2016 -- $278,000 $0 $0
2015 -- $255,800 $0 $0
2014 -- $308,000 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2025 11/26/25 Price Changed $2,450,000 -2.0% $803 / Sq Ft
10/22/2025 10/22/25 For Sale $2,500,000 -- $820 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Deed $707,000 --
Source: Public Records

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1939808

Northern Great Lakes REALTORS® MLS

APN: 003-190-035-00