Agricultural

Lake Leelanau, MI Agricultural Land / Farmland for Sale

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Traverse City, MI Cedar, MI Suttons Bay, MI Maple City, MI Leland, MI Empire, MI
Lake-View Recreational Land
Updated: Jun 11
Lake-View Recreational Land

N Hoeft Road, Lake Leelanau, MI 49653

$1,450,000
55.00 AC lot
55‑acre parcel with countryside views
Views of Lake Michigan and North Lake Leelanau
Diverse land includes rolling countryside, productive tillable acreage, and mature hardwoods
Options for farming, recreation, and hunting based on the mixed acreage
Located between Lake Leelanau and Leland, with minutes access to shops, restaurants, beaches, and attractions
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Horses-Allowed Hobby Farm Land
Updated: Aug 7, 2025
Horses-Allowed Hobby Farm Land

S Schomberg Road, Lake Leelanau, MI 49653

$228,000
9.50 AC lot
Countryside view
Seasonal Lake Leelanau views may be available from the upper portions of the property
Located at approximately 44.964043, -85.772354
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Lake Leelanau, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Hunting and Hobby Farm Land
Hunting and Hobby Farm Land

N Swede Road, Northport, MI 49670

$799,000
27.26 AC lot

27+ acres of wooded ground with a year-round stream, black walnut grove, and conservation-easement eligibility.

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Permanently Preserved Orchard Acreage
Permanently Preserved Orchard Acreage

N Manitou Trail, Northport, MI 49670

$699,000
41.86 AC lot

Over 40 acres of preserved orchard land with M-22 frontage, limited by a conservation easement to agricultural and open-space use.

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Rolling Farmland Parcel with Water Views
Rolling Farmland Parcel with Water Views

Parcel B E Duck Lake Road, Suttons Bay, MI 49682

$1,350,000
46.40 AC lot

46.4-acre agricultural parcel with rolling terrain and water views near Grand Traverse Bay and downtown Suttons Bay.

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Gently Sloping Orchard-View Land
Gently Sloping Orchard-View Land

Suttons Bay, MI 49682

$300,000
10.00 AC lot

10-acre parcel with rolling-hills and orchard views, well-suited for a private estate or agricultural-minded buyers.

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Lake Leelanau, MI Agricultural Land / Farmland Market Trends and Statistics

Explore 2 agricultural land / farmland for sale in Lake Leelanau, MI on our real estate platform. These investment opportunities span a total of 2,809,620 square feet of properties for sale, with an estimated market value of $1,678,000.

Sale prices for farmlands in Lake Leelanau, MI start at $228,000, averaging $839,000, and reaching up to $1,450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 1,813
Population Growth (5Y) -10.2%
Median Household Income $84,954
College Educated 74.3%

High-Yield Neighborhoods for Investment

Identify Lake Leelanau submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49653 $635.3K

Taxes & Financing

Tax Rate (average for all types) 2.01%
Tax Rate vs County Average 0.24 pp below county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Leelanau County

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