5273 E Sugarbush Lane Leland, MI 49654

Pending

$1,290,000

Market Estimate

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5 Beds
3 Baths
2,080 sq. ft.
Single-Family
MLS# 80050774

Listing provided courtesy of: Berkshire Hathaway Homeservices Michigan - TC - 231-947-7777

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Property Details

Description

****Charming Cottage with Stunning Lake Michigan Views, 160 FT of Private frontage on Lake Michigan and 195 feet of shared frontage on Lake Leelanau*** This rare find is a classic property built in 1954, offering a perfect blend of timeless charm and modern potential. Nestled between Lake Michigan and Lake Leelanau situated on a 1.09-acre lot with breathtaking views from a bluff, this 5-bedroom, 3-bathroom residence and includes 160 feet of private frontage on Lake Michigan and Shared frontage on North Lake Leelanau with the opportunity for boating, fishing, water sports and to dock a boat. The propertyÃ¢‚„¢s prime location offers a peaceful, rural setting with easy access to urban amenities. Just a short drive away, the charming Village of Leland offers dining, shopping, and recreational options. Enjoy the vibrant local culture, waterfront living with easy access to Northern Michigan's best.

General Features
- Bedrooms 5
- Structure Style More than 2 Stories
- Acreage 1.09
- Area Municipality Leland Twp (45009)
- Body of Water Lake Michigan
- County Leelanau
- Originating MLS Aspire North REALTORS
- Ownership Private
- Subdivision Metes & Bounds
- Total SqFt Finished 2080
- Waterfront Y/N No
- Year Built 1954
- ZONING Residential
Building Features
- Appliances Dishwasher, Dryer, Microwave, Range/Oven, Washer
- Architecture Style Contemporary
- Bedroom 1 Level Main
- Basement Type Full, Unfinished
- Exterior Construction Wood
- Exterior Features Deck
- Heating System Baseboard, Forced Air
Property Features
- Lot Size 158x300
- Roads Gravel
- Sewer Septic Septic
- Water Private Well
- Water Features All Sports Lake, Water View
Schools
- School District Leland Public School District

Neighborhood

49654 (Leland) Demographics

65 Median Age

15 Population Density (per sq. mile)

65% College Educated

$62,824 Estimated Median Income

219 Estimated Total Home Owners

64 Estimated Total Renters

77% / 23% Estimated Owner / Renter Divide

2 Estimated Average Household Size

572 Total Population

Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$1,127,500 Median Sales Price

4 Homes Sold

2 New On Market

Average Days on Site

Properties for Sale

Calculations provided by Reliance Network

Property History

Date	Event	Price	Percent Change
--	Current Price Source: Multiple Listing Service	New Value: $1,290,000
10/28/2024 4:22:45 PM	Status Changed Source: Multiple Listing Service	New Value: Pending
10/15/2024 7:22:10 PM	Price Reduced Source: Multiple Listing Service	New Value: $1,290,000	-14%
9/18/2024 6:42:00 PM	New in Database Source: Multiple Listing Service	New Value: $1,500,000

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* This payment calculator is intended for educational and planning purposes only.
** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.