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$1,150,000
Est. payment /mo
4 Beds
2 Baths
2,150 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Active
Purchase Type For Sale
Square Footage 2,150 sqft
Price per Sqft $534
Subdivision Na
MLS Listing ID 78080073627
Bedrooms 4
Full Baths 2
Year Built 1870
Lot Size 1.480 Acres
Acres 1.48
Property Sub-Type SingleFamilyResidence
Property Description
Experience an exceptional Northern Michigan investment opportunity where luxury, location, and long-term potential converge. Offering premium West Bay views, this expansive property features a beautifully updated 4-bedroom, 2-bath luxury home currently operating as an upscale vacation rental. Thoughtfully renovated with high-end finishes throughout, the residence offers a turnkey opportunity for an investor seeking an established vacation rental or for a discerning buyer looking for a sophisticated private retreat with income-producing potential. The propertys spacious layout, elevated finishes, and commanding bay views create the kind of experience sought after by todays luxury vacation clientele. Beyond the home itself, the offering includes additional lots that provide valuable future development potential-a rare opportunity in an area where available land and development opportunities are increasingly limited. Whether envisioned as additional accommodations, a guest residence, expanded outdoor amenities, or a future development project, the possibilities are exceptionally compelling. The location is equally impressive. Just minutes from downtown Traverse City, the property places you close to world-class dining, shopping, wineries, beaches, marinas, and year-round recreation. Head north on M-22 and quickly discover Suttons Bay and the scenic beauty, vineyards, farms, and charming communities of Leelanau County. This is more than a vacation rental-it is a turnkey luxury residential investment with premium views, established rental potential, expansive acreage, and future development possibilities. A rare opportunity to acquire a high-end Northern Michigan property with the flexibility and upside to make it truly limitless.
Location
State MI
County Leelanau
Area Area45111Elmwoodtwp
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Parking Features TwoCarGarage, Attached, Garage
Garage Spaces 2.0
View Y/N No
Garage true
Building
Foundation Stone
Sewer Shared Septic
Water Public
New Construction No
Schools
School District Traverse City
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by Kevin Perkins of @properties Christie's Int'l
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