NOT LISTED FOR SALE

5439 E Sugarbush Ln Leland, MI 49654

Estimated Value: $2,792,802 - $3,022,000

6 Beds
6 Baths
4,176 Sq Ft
$696/Sq Ft Est. Value

Sale Details

Date Sold: July 2, 2015

Last sale price $1,600,000 $383 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $17,868 / mo

49 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Leland Public School Rated A-
  • Guest House
  • Bluff on Lot

About This Home

As of July 2015

This extraordinary Lake Michigan estate, just north of Leland, has 415 ft of frontage, 3 acres, a main house and a guest house nestled into a dune offering stunning sunsets, views of 4 islands, a path that leads to a sandy beach and visual privacy on all sides. The emphasis is clearly on the big lake view, but this private enclave also has access on North Leelanau for swimming and boating. The Modern 3-story Guest House is open and smooth, with a whitewashed minimalist exterior and interior, expansive use of glass, exposed wood columns, curvilinear elements and natural materials. Crafted by talented local artisans, the cabinetry and finishes including the radiating floor board pattern, is a work of art. 1580 SF, galley kitchen, office and powder room, 2 en suite bedrooms with luxury baths, 3 decks and breathtaking lake views. The Main House has large windows capturing light and the views. The family room is open to an updated kitchen and graced by a brick fireplace; there’s a spacious deck and captivating views of the Manitou and Fox Islands. The living and dining rooms face east over the gardens; light from the clerestory windows brighten the upper hall leading to the lake facing bedrooms—so much potential for those with an eye. 2596 SF; 4-bedrooms, 2.5 baths, drive under 2-car garage, unfinished walk out basement.

Last Agent to Sell the Property

Ann Marie Mitchell

Coldwell Banker Schmidt-Leland Listed on: 05/12/2015

Coldwell Banker Schmidt-Leland

Last Buyer's Agent

Ann Marie Mitchell

Coldwell Banker Schmidt-Leland Listed on: 05/12/2015

Coldwell Banker Schmidt-Leland

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • 3.1 Acre Lot
  • Lot Dimensions are 415 x 496 x 239 x 329
  • Private Waterfront
  • 415 Feet of Waterfront
  • Sandy Beach
  • Bluff on Lot
  • Landscaped
  • Lot Has A Rolling Slope
  • Sprinkler System
  • Wooded Lot
  • Garden
  • The community has rules related to zoning restrictions

Home Design

  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 4,176 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Entrance Foyer
  • Formal Dining Room
  • Countryside Views
  • Home Security System
  • Washer

Kitchen

  • Cooktop
  • Recirculated Exhaust Fan
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Drive Under Main Level
  • Gravel Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Lake Privileges
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Well
  • Cable TV Available

Additional Features

  • Guest House
  • Property is near a Great Lake

Community Details

  • Sand Cut Area Community

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

3.1 Acres

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story
  • Estimated Year Built: 1973
  • Construction: Frame
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1973
  • Year Renovated: 2006

Interior Features

  • Appliances Equipment: Refrigerator, Dishwasher, Washer, Security System, Freezer, Wall Oven, Cook Top, Exhaust Fan
  • Interior Amenities: Foyer Entrance, Walk-In Closet(s), Formal Dining Room, Drywall
  • Bedrooms: 6
  • Bedroom 1: Dimensions: 16x11.1, On Level: Upper Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 9.9x11.9, On Level: Upper Floor, Flooring: Wood
  • Bedroom 3: Dimensions: 10.10x9.9, On Level: Upper Floor, Flooring: Wood
  • Bedroom 4: Dimensions: 9.8x8.10, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 4.5
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Three Quarter Bathrooms: 2
  • Half Bathrooms: 2
  • Dining Room: Dimensions: 16x13, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 23x16, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 15x12.7, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 17x15, On Level: Main Floor, Flooring: Wood
  • Range: R 12W
  • Total Finished Sf Apx: 4176

Exterior Features

  • Additional Buildings: Guest House
  • Body Of Water: Lake Michigan
  • Exterior Features: Sprinkler System, Balcony, Deck, Countryside View, Covered Porch, Landscaped, Garden Area, Gutters
  • Exterior Finish: Wood
  • Foundation: Full, Walkout, Block, Entrance Inside
  • Number Of Acres: 3.1
  • Road: Association, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Sandy Bottom, Bluff (greater than 10ft), Great Lake, Sandy Shoreline
  • Waterfront Frontage: 415

Garage/Parking

  • Driveway: Gravel, Circular, Private
  • Garage Capacity: 2
  • Primary Garage: Attached, Drive Under/Built-In, Door Opener, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood, Masonry
  • Heating Cooling Types: Hot Water
  • Laundry: On Level: Upper Floor, Flooring: Vinyl
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Amenities: Lake Privileges
  • Development Name: Sand Cut area

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods, Evergreens, Rolling
  • Lot Dimensions: 415 x 496 x 239 x 329
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential, Critical Dune/Erosion

MLS Schools

  • School District: Leland Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2015
Closed on
Jul 1, 2015
Sold by
Rakas Family Lp
Bought by
Ball Charles F and Renne Gayle
Seller's Agent
Ann Marie Mitchell
Coldwell Banker Schmidt-Leland
Buyer's Agent
Ann Marie Mitchell
Coldwell Banker Schmidt-Leland
List Price
$1,895,000
Sold Price
$1,600,000
Premium/Discount to List
-$295,000
-15.57%
Current Estimated Value
$2,907,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,307,401
Avg. Annual Appreciation
5.69%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Purchase History

Date Buyer Sale Price Title Company
Ball Charles F $1,600,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2015 07/02/15 Sold $1,600,000 -15.6% $383 / Sq Ft
06/30/2015 06/30/15 Pending -- -- --
05/12/2015 05/12/15 For Sale $1,895,000 -- $454 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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 $30,713 $1,851,300 $0 $0
2024 $234 $1,658,700 $0 $0
2023 $22,179 $1,393,800 $0 $0
2022 $27,746 $1,322,500 $0 $0
2021 $25,877 $1,271,400 $0 $0
2020 $26,208 $1,228,900 $0 $0
2019 $25,032 $1,141,900 $0 $0
2018 -- $968,400 $0 $0
2017 -- $766,800 $0 $0
2016 -- $934,600 $0 $0
2015 -- $952,200 $0 $0
2014 -- $996,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1799495

Northern Great Lakes REALTORS® MLS

APN: 009-127-005-20

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