NOT LISTED FOR SALE

4843 E Water View Dr Unit 5 Lake Leelanau, MI 49653

Estimated Value: $78,000 - $1,126,000

0.55 Acre
$1,307,965 Price per Acre
23,958 Sq Ft Lot

Last Sold February 28, 2017

Last sale price $97,500

Est. 638% increase in value since last sale

Current estimated payment $4,489/month

4 Days on Market

About This Lot

As of February 2017

What a panoramic view. You can see all of North Lake Leelanau out to Lake Michigan. One of the best lots in Bay Hill adjacent to the 50 acre Natural Area so no one will ever block your view. 5 minute drives to Lake Michigan Beaches, the Villages of Leland and Lake Leelanau. Leelanau County is waiting for you.

Last Agent to Sell the Property

Rebecca Stacy

Coldwell Banker Schmidt-S.Bay License #6502126695 Listed on: 02/08/2017

Coldwell Banker Schmidt-S.Bay

Last Buyer's Agent

Elizabeth Hunter Placek

Five Star Real Estate - Front St TC License #6501379978

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,102

Lot Details

  • 0.55 Acre Lot
  • Cleared Lot
  • The community has rules related to zoning restrictions

Property Views

  • Water Views

Utilities

  • Underground Utilities
  • Well
  • Community Sewer or Septic
  • Phone Available
  • Cable TV Available

Community Details

  • Bay Hill Community
  • Common Area

Property Details

Property Type

Land

Est. Annual Taxes

$8,102

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Section Number: 21
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 177272.73
  • Range: R 12W

Exterior Features

  • Number Of Acres: 0.55
  • Road: Association, Blacktop, Privately Maintained
  • Water Features: Water View

Utilities

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

Association/Amenities

  • Development Amenities: Common Area
  • Development Name: Bay Hill

Schools

  • School District: Leland Public School District

Lot Info

  • Lot Number: 5
  • Land Features: Cleared
  • Lot Dimensions: irregular
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Site Condominium, Finished Lots, Bldg & Use Restrictions
  • Percent Open: 100

MLS Schools

  • School District: Leland Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2017
Closed on
Feb 24, 2017
Sold by
Vanderbilt William R
Bought by
Bingham Thomas R
Seller's Agent
Rebecca Stacy
Coldwell Banker Schmidt-S.Bay
Buyer's Agent
Elizabeth Hunter Placek
Five Star Real Estate - Front St TC
List Price
$99,750
Sold Price
$97,500
Premium/Discount to List
-$2,250
-2.26%
Current Estimated Value
$719,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$621,881
Avg. Annual Appreciation
26.09%
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
Bingham Thomas R $97,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2017 02/28/17 Sold $97,500 -2.3% --
02/12/2017 02/12/17 Pending -- -- --
02/08/2017 02/08/17 For Sale $99,750 -- --
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 $8,102 $331,500 $0 $0
2024 $6,719 $294,200 $0 $0
2023 $6,352 $256,400 $0 $0
2022 $7,308 $240,700 $0 $0
2021 $6,968 $242,000 $0 $0
2020 $7,003 $220,900 $0 $0
2019 $7,207 $231,600 $0 $0
2018 -- $43,000 $0 $0
2017 -- $28,000 $0 $0
2016 -- $28,000 $0 $0
2015 -- $28,000 $0 $0
2014 -- $28,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Stacy

    Seller's Agent in 2017

    Rebecca Stacy

    Coldwell Banker Schmidt-S.Bay

    (231) 218-1479

    34 Total Sales

    Rebecca Stacy
    Section Image
  • Elizabeth Hunter Placek

    Buyer's Agent in 2017

    Elizabeth Hunter Placek

    Five Star Real Estate - Front St TC

    (313) 909-0659

    56 Total Sales

    Elizabeth Hunter Placek
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1827722

Northern Great Lakes REALTORS® MLS

APN: 009-552-005-00

Michigan Leelanau County Lake Leelanau 49653

4843 E Water View Dr Unit 5, Lake Leelanau, MI

This home is located at 4843 E Water View Dr Unit 5, Lake Leelanau, MI 49653 since 08 February 2017 and is currently estimated at $719,381. 4843 E Water View Dr Unit 5 is a home located in Leelanau County with nearby schools including Leland Public School, Leelanau Montessori Public School Academy, 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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