Section Image

Explore Similar Apartments Within 10 Miles of Lake Leelanau, MI

  • /26

    $5,600,000

    • 22 Beds
    • 9,244 Sq Ft

    1757 N Manitou Trail, Leland, MI 49654

    Say hello to an amazing and iconic investment opportunity in coveted Leelanau County, one mile south of historic Leland, Michigan. Boasting five buildings totaling 9,244 square ft, 18 short term rental units, 4-plus beautiful acres, world class lake views and 200 ft of across-the-road private frontage on North Lake Leelanau, this is a stunning property currently run as a profitable hotel with an

    Drew Warner Key Realty One-TC

    1757 N Manitou Trail, Leland, MI 49654

Why Live in Lake Leelanau

Lake Leelanau in Suttons Bay, Michigan, offers a diverse range of home styles, including log cabins, cottages, split-levels, and Victorians, with many properties featuring private docks and water access. The neighborhood is known for its scenic lakes and outdoor activities, with Grove Park providing a playground and tennis court, and the Narrows Boat Ramp offering kayak and canoe launches. Schneider Beach, located north of town, is a popular shallow swimming spot with a wide sandbar. The area’s wine scene is vibrant, with tasting rooms like Amoritas Vineyard, Boathouse Vineyards, and Soul Squeeze Cellars drawing both tourists and locals. Dining options include Fiddleheads Sandwich Shop, known for its locally sourced ingredients, and Dick’s Pour House, a community staple since 1935. Pedaling Beans Coffeehouse serves a variety of drinks and baked goods. The town’s grocery needs are met by NJ’s Grocery on West Philip Street. Lake Leelanau is 19 miles from Traverse City, with a 30 to 40-minute drive depending on conditions, and Cherry Capital Airport is about 45 minutes away. Students in the area attend the highly rated Leland Public School, which serves kindergarten through high school. The neighborhood is safer than the national average, making it a practical choice for families.

Home Trends in Lake Leelanau, MI

Housing Trends

Median Sale Price
$550,000
Median Single Family Sale Price
$850,000
Average Price Per Sq Ft
$629
Number of Homes for Sale
2
Last 12 months Home Sales
1
Months of Supply
24.00
Median List Price
$850,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-2%
How to Buy a Home How to Finance a Home How to Sell a Home