$765,000
SOLD OCT 15, 2025

8123 S Rustic Dr Cedar, MI 49621

3 Beds
2 Baths
1,869 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$409 Per Sq Ft

11% Below List Price

125 Days on Market

Highlights

  • Private Waterfront
  • Sandy Beach
  • Cathedral Ceiling
  • Deeded Waterfront Access Rights
  • Wooded Lot
  • Pole Barn

About This Home

As of October 2025

Discover the perfect Up North retreat on the pristine shores of Lake Leelanau. This beautifully updated home offers private waterfront, ideal for swimming, relaxing, and soaking in the lake life. Enjoy the benefits of a shared 120' community dock with boat slips and sandy swimming areas, all within the Rustic Resort development featuring 475 feet of total shoreline. Inside, the home blends modern updates with classic cottage charm, offering a warm and inviting atmosphere. Whether you're looking for a personal getaway or a property to share with family and friends, this home is ready to enjoy. Don’t miss your chance to own a slice of Lake Leelanau paradise.

Last Agent to Sell the Property

Steve Scheppe

Viewpoint Realty License #6502432934 Listed on: 06/11/2025

Last Buyer's Agent

Jo Mclane

REMAX Bayshore - Union St TC License #6501281564

REMAX Bayshore - Union St TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,091

Year Built

  • Built in 1940

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 43' x 116'
  • Private Waterfront
  • 43 Feet of Waterfront
  • Sandy Beach
  • Landscaped
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $334 Monthly HOA Fees

Parking

  • Shared Driveway

Home Design

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

Interior Spaces

  • 1,869 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Water Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Stove
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Granite Bathroom Countertops

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Patio
  • Pole Barn

Utilities

  • Baseboard Heating
  • Water Filtration System
  • Community Well
  • Natural Gas Water Heater
  • Water Softener is Owned
  • Community Sewer or Septic
  • Cable TV Available

Community Details

Overview

  • Association fees include water, sewer, trash removal, snow removal, lawn care, liability insurance
  • Leelanau Rustic Resort Community

Amenities

  • Common Area

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,091

Year Built

Built in 1940

Lot Details

0

HOA Fees

$334 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story
  • Percent Of Remodel: 97
  • Estimated Year Built: 1940
  • Construction: Frame
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1940
  • Year Renovated: 2012

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Water Filtration System, Exhaust Fan, Blinds, Ceiling Fan, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Cathedral Ceilings, Walk-In Closet(s), Pantry, Granite Bath Tops, Granite Kitchen Tops, Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 12.3x8.5, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 15.2x12, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 15.5x9.75, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 12.2x7.25, On Level: Main Floor, Flooring: Carpet
  • Family Room: Dimensions: 15.8x15.2, On Level: Upper Floor, Flooring: Carpet
  • Kitchen: Dimensions: 12.2x8.5, On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 20.3x14.5, On Level: Main Floor, Flooring: Carpet
  • Other Room: Dimensions: 8x8, On Level: Upper Floor, Flooring: Carpet
  • Range: R 12W
  • Total Finished Sf Apx: 1869

Exterior Features

  • Additional Buildings: Pole Building(s)
  • Body Of Water: Lake Leelanau
  • Exterior Features: Patio, Sidewalk, Landscaped
  • Exterior Finish: Log Siding
  • Foundation: Crawl Space, Block
  • Number Of Acres: 0.11
  • Road: Association, Blacktop, Privately Maintained
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Sandy Bottom, Gradual Slope to Water, Public Lake
  • Waterfront Frontage: 43

Garage/Parking

  • Driveway: Blacktop, Shared

Utilities

  • Fireplaces And Stoves: Gas, Stove
  • Heating Cooling Types: Baseboard
  • Laundry: Dimensions: 4x3.5, On Level: Main Floor, Flooring: Vinyl
  • Sewer: Development Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Community Well

Condo/Co-op/Association

  • HOA Fee Includes: Water, Sewer, Trash Removal, Snow Removal, Lawn Care, Liability Insurance
  • Association Fees: Monthly
  • Monthly Assn Dues: 334

Association/Amenities

  • Development Amenities: Community Dock, Pets Allowed, Common Area
  • Development Name: Leelanau Rustic Resort

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded, Level
  • Lot Dimensions: 43' x 116'
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential, Building-Use Restrictions

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Glen Lake Community Schools

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

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2025 10/15/25 Sold $765,000 -1.8% $409 / Sq Ft
08/05/2025 08/05/25 Price Changed $779,000 -2.5% $417 / Sq Ft
07/15/2025 07/15/25 Price Changed $799,000 -7.1% $428 / Sq Ft
06/11/2025 06/11/25 For Sale $859,900 -- $460 / Sq Ft
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 $2,091 $360,500 $0 $0
2024 $1,147 $310,900 $0 $0
2023 $1,098 $273,200 $0 $0
2022 $1,944 $248,100 $0 $0
2021 $1,891 $241,500 $0 $0
2020 $1,955 $240,700 $0 $0
2019 $1,817 $220,800 $0 $0
2018 -- $213,300 $0 $0
2017 -- $214,700 $0 $0
2016 -- $208,500 $0 $0
2015 -- $207,300 $0 $0
2014 -- $183,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Scheppe

    Seller's Agent in 2025

    Steve Scheppe

    Viewpoint Realty

    (231) 590-5823

    235 Total Sales

    Steve Scheppe
    Section Image
  • Jo Mclane

    Buyer's Agent in 2025

    Jo Mclane

    RE/MAX Michigan

    (517) 281-0098

    35 Total Sales

    Jo Mclane
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1934969

Northern Great Lakes REALTORS® MLS

APN: 010-800-004-00

Michigan Leelanau County Cedar 49621

8123 S Rustic Dr, Cedar, MI

Sold

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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