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    12121 S Bugai Rd Cedar, MI 49621

    For Sale
    $150,000

    land - CEDAR, MI

    Lot size:
    2.28 Acres
    Days on Market:
    10
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 12121 S Bugai Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    2.28 Acres

    Building Details

    Architectural style
    Other

    Coldwell Banker Schmidt Family Of Companies [email protected]

    Listing agent Carolyn Telgard (231) 256-9836

    Listing date Nov 26, 2025

    MLS# 1933269 Listing URL

    Copyright © 2025 Coldwell Banker Schmidt REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wooded Land in Elmwood Township

    This 2.28-acre wooded parcel is located at the corner of Bugai and Lincoln roads in Elmwood Township. Zoned Agricultural - Rural, the hillside property overlooks neighboring fields. The parcel's elevation climbs nearly 50 feet, culminating in a gentle peak where glimpses of West Bay and South Lake Leelanau are thought to begin at about 25 feet above grade. The landscape features a mix of hardwoods, pine, and low-growing juniper. The property is located near Farm Club, Jacob's Farm, Rove Winery, Lakeview Hill Farm, and the 17-mile TART Trail. It offers an opportunity to be close to Traverse City while maintaining a foothold in Leelanau.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Cedar
    County
    Leelanau
    State
    Michigan
    Longitude
    -85.6936949
    Latitude
    44.8022934

    FAQs

    What type of property is this?
    Land - 2.28-acre wooded parcel near wineries and TART Trail.
    Where is this land located?
    The property is located at 12121 S Bugai Rd Cedar, MI.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Discover this 2.28-acre wooded parcel in Elmwood Township.; - Zoned Agricultural-Rural, offering flexibility for various uses.; - Located near popular destinations like Farm Club, Jacob's Farm, and the TART Trail.
    (231) 256-9836
    Request Owner's contact information
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    Cedar, MI 49621
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12121 S Bugai Rd Cedar, MI 49621
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