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    4712 E Water View Dr Lake Leelanau, MI 49653

    For Sale
    $120,000

    Vacant Land Improved - Lake Leelanau, MI

    Lot size:
    0.66 Acres
    Days on Market:
    158
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 4712 E Water View Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    Exterior features
    None
    Lot size
    0.66 Acres

    Taxes and HOA fees

    Expense value
    700
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Utilities

    Water front features
    Public Lake, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    ListWithFreedom.com INC (855) 456-4945 [email protected]

    Listing agent CHARLES CAMPBELL (855) 456-4945

    Listing date Jul 1, 2025

    MLS# 1935762 Listing URL

    Copyright © 2025 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake Leelanau High Elevation Lot

    This 0.66-acre residential land offers an exceptional high elevation view overlooking Northern Lake Leelanau and the town of Leeland. It is located within the Bay Hill HOA Subdivision, which comprises 43 parcels of new homes and vacant lots. The property features underground utilities, including cable and natural gas, as well as a common wastewater sewage system. Reasonable deed restrictions are in place to protect property values. A minimum 1,500 square foot home is required, with a maximum height elevation of 25 feet. The HOA maintains 0.64 acres prior to home construction. The location is approximately 2 miles from Leeland and 0.5 miles west of Lake Leelanau, with Suttons Bay also nearby. The Bay Hill HOA deed and association bylaws are available. Home plans must be submitted through the Bay Hill Architectural Committee Agent for a 15-day turnaround approval of permit-ready plans.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Gym & Fitness Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Leelanau
    County
    Leelanau
    State
    Michigan
    Longitude
    -85.762261
    Latitude
    44.991401

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    FAQs

    What type of property is this?
    Land - Residential land with views of Lake Leelanau and Leeland.
    Where is this land located?
    The property is located at 4712 E Water View Dr Lake Leelanau, MI.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: - Exceptional high elevation lot with views of Northern Lake Leelanau and the town of Leeland.; - Located in Bay Hill HOA Subdivision with underground utilities (cable and natural gas) and common wastewater sewage.; - Reasonable deed restrictions to protect property value; minimum 1500 sq ft home allowed.
    (855) 456-4945
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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
    4712 E Water View Dr Lake Leelanau, MI 49653
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