NOT LISTED FOR SALE

726 Golf Course Dr Elk Rapids, MI 49629

Estimated Value: $1,093,000 - $1,567,937

1.69 Acres
$842,890 Price per Acre
73,616 Sq Ft Lot

Last Sold November 17, 2023

Last sale price $1,250,000

Est. 21% increase in value since last sale

Current estimated payment $9,610/month

154 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Landscaped
  • Elk Rapids High School Rated A-
  • Sandy Beach
  • High Speed Internet

About This Lot

As of November 2023

Elk Lake living at it's best! This unique property boasts 155' of gorgeous Elk Lake sandy bottom waterfront. Property also has over 550' of historic Donald Ross designed Elk Rapids Golf Course frontage. Waterfront has been professionally landscaped and features stone steps and lakeside stone patio area. This partially wooded 1.6 acres is zoned multi-family and can be developed for up to 4 homes. Take your boat and explore the entire Chain of Lakes, including Torch Lake, or head into the Harbor town of Elk Rapids for dining and shopping. Municipal water and sewer available. This is truly a once in a lifetime opportunity to build that dream home you've always imagined.

Last Agent to Sell the Property

James Garrow

Bayside Real Estate License #6502128582 Listed on: 05/26/2023

Last Buyer's Agent

Lydia Wiley

@properties Christie's Int'l License #6501434066

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,808

Lot Details

  • 1.69 Acre Lot
  • Lot Dimensions are 155x543x148.5x498
  • Private Waterfront
  • 155 Feet of Waterfront
  • Sandy Beach
  • Landscaped
  • Level Lot
  • The community has rules related to zoning restrictions

Property Views

  • Water
  • Golf Course

Utilities

  • High Speed Internet

Community Details

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

Property Details

Property Type

Land

Est. Annual Taxes

$18,808

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Private Shared: Private
  • Section Number: 22
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 739644.97
  • Range: R 9W

Exterior Features

  • Body Of Water: Elk Lake
  • Exterior Features: Golf Course View, Development Property, Golf Course Frontage, Landscaped
  • Number Of Acres: 1.69
  • Road: Blacktop, Privately Maintained
  • Water Features: Priv Frontage (Wtr Side), Water View, All Sports, Sandy Bottom, Public Lake
  • Waterfront Frontage: 155

Utilities

  • Utilities Available: Electric, Cable Internet, Natural Gas
  • Waste Available: Municipal
  • Water Available: Municipal Water

Schools

  • School District: Elk Rapids Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level
  • Lot Dimensions: 155x543x148.5x498
  • Zoning Use Restrictions: Residential, Multi-Family

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Elk Rapids Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Dec 6, 2023
Sold by
726Gcd Dev Llc
Bought by
Distin Daniel and Distin Victoria S
Seller's Agent
James Garrow
Bayside Real Estate
Buyer's Agent
Lydia Wiley
@properties Christie's Int'l
List Price
$1,495,000
Sold Price
$1,250,000
Premium/Discount to List
-$245,000
-16.39%
Views
107
Current Estimated Value
$1,517,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,036
Avg. Annual Appreciation
7.24%

Purchase Details

Listed on
Aug 21, 2020
Closed on
Dec 28, 2020
Sold by
Selch Leslie and Wilson Elizabeth
Bought by
726 Gcd Development Llc
Seller's Agent
Sharon Brown
Bayside Real Estate
Buyer's Agent
James Garrow
Bayside Real Estate
List Price
$1,200,000
Sold Price
$860,000
Premium/Discount to List
-$340,000
-28.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.81%

Purchase Details

Closed on
Apr 8, 1998
Bought by
Cook Barbara L - Selch Leslie
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
Distin Daniel $1,250,000 --
726 Gcd Development Llc $860,000 None Available
Cook Barbara L - Selch Leslie -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $1,250,000 -3.5% --
10/25/2023 10/25/23 Price Changed $1,295,000 -7.2% --
08/23/2023 08/23/23 Price Changed $1,395,000 -6.7% --
05/26/2023 05/26/23 For Sale $1,495,000 +73.8% --
12/28/2020 12/28/20 Sold $860,000 -28.3% --
12/27/2020 12/27/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $1,200,000 -- --
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 $18,808 $545,000 $0 $0
2024 $166 $359,100 $0 $0
2023 $21,053 $590,400 $0 $0
2022 $17,157 $450,400 $0 $0
2021 $16,509 $416,500 $0 $0
2020 $6,569 $401,400 $0 $0
2019 $6,837 $391,300 $0 $0
2018 $10,333 $393,000 $0 $0
2017 $10,147 $390,200 $0 $0
2016 $8,636 $379,300 $0 $0
2015 -- $365,700 $0 $0
2014 -- $373,300 $0 $0
2013 -- $367,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1911519

Northern Great Lakes REALTORS® MLS

APN: 05-43-022-009-00