9224 E Duck Lake Road Suttons Bay, MI 49682

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$5,725,000

Market Estimate

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1,783 sq. ft.
149.83 Acres
Commercial
MLS# 80051358

9224 E Duck Lake Road, Suttons Bay, MI 49682

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

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Property Details

Description

This 149.8 acre development property has unlimited potential due to its size, location, and spectacular water views. Under a mile from Grand Traverse Bay and downtown Suttons Bay it sits under 30 minutes from Traverse City and Sleeping Bear Dunes National Lakeshore. About two thirds of the property has views of Grand Traverse Bay while the highest elevations include vistas of Lake Leelanau, Lake Michigan, the Manitou Islands and Pyramid Point. The property includes a farmhouse with attached garage, 2 large sheds, two iconic wood barns built in the early 1900s, and a double pole barn connected to a wood garage. Marketing packet with zoning and conceptual development ideas are attached. Perfect location for a combination of water-view homes, high-end RV resort, winery, equestrian center, or a private estate. Property touches Suttons Bay Village on the southeast corner. Owners will entertain offers to divide the property.

General Features
- Acreage 149.83
- Area Municipality Suttons Bay Twp (45011)
- County Leelanau
- Originating MLS Aspire North REALTORS
- Ownership Private
- Subdivision None
- Total SqFt Finished 1783
- Year Built 1910
- ZONING Agricultural
Building Features
- Exterior Construction Frame, Vinyl Siding
- Foundation Type Basement, Crawl, Slab
- Heating System Hot Water
- FUEL TYPE LP/Propane Gas
- Roofing Asphalt, Metal
Property Features
- Water Private Well
- Lot Size irregular
- Sewer Septic Septic

Neighborhood

49682 (Suttons Bay) Demographics

58 Median Age

65 Population Density (per sq. mile)

46% College Educated

$69,135 Estimated Median Income

1,561 Estimated Total Home Owners

310 Estimated Total Renters

83% / 17% Estimated Owner / Renter Divide

2 Estimated Average Household Size

4,224 Total Population

Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$962,500 Median Sales Price

8 Homes Sold

14 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: $5,725,000
10/7/2024 8:22:00 AM	New in Database Source: Multiple Listing Service	New Value: $5,725,000

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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.