Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    9861 Sunset Drive unit #305 Canadian Lakes, MI 49346

    View on Map
    Pending
    Contact for pricing

    LAND - Canadian Lakes, MI

    Lot size:
    0.48 Acres
    Added:
    Sep 30, 2025
    Days on Market:
    184
    Last Refresh:
    Apr 1 at 9:06 pm

    Property Features for 9861 Sunset Drive unit #305

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    5411-192-305-000
    Lot size
    0.48 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxDescription
    SEC 33 T14N R08W ROYAL CANADIAN SO. #2, LOT 305
    TaxAnnualAmount
    202

    Utilities

    Utilities
    Cable Available
    Water front features
    Creek, Lake
    Water front
    1

    We can help!

    Listing Contact
    Matthew Lauckner

    Listing agent Matthew Lauckner License #6501398451

    Listing office Century 21 White House Realty 10060 Buchanan Road, Stanwood, MI

    Listing date Sep 30, 2025

    MLS# 25050061 Listing URL

    Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Golf Course Residential Land

    This property offers a blend of golf course living and natural beauty, situated approximately 120 yards from the 15th fairway. Mature trees surround the lot, providing shade and privacy. Located half a mile from the Royale Grille, indoor pool, fitness center, tennis courts, and pro shop, residents have convenient access to community amenities. Ownership in Canadian Lakes includes free greens fees at the Highlands and Pines golf courses, access to approximately 800 acres of private lakes, beaches, and parks. This 0.48-acre lot in Canadian Lakes, MI, offers an ideal location for building a dream home in a serene setting.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Hotel & Motel Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Canadian Lakes
    County
    Mecosta
    State
    Michigan
    Longitude
    -85.282757
    Latitude
    43.560558

    Nearby Similar for Sale

    • $9,900

      Golf Front Property in Canadian Lakes

      Wooded lot on Highlands Golf Course in Canadian Lakes Resort.
      9570 Pere Marquette Drive unit: 10, Canadian Lakes, MI 49346
      View Details
    • $12,500

      Canadian Lakes Wooded Lot

      Nearly one-acre wooded lot in Canadian Lakes community.
      6188 Fox Run Circle, Canadian Lakes, MI 49346
      View Details
    • $3,500

      Land Near St. Ives Golf

      Land near the 12th fairway on St. Ives Golf Course.
      11270 Apache Wells Court, Canadian Lakes, MI 49346
      View Details
    • $4,000

      Land Near St. Ives Golf

      Residential land near golf course with community amenities.
      11260 Apache Wells Court, Canadian Lakes, MI 49346
      View Details
    • $3,500

      Land Near St. Ives Golf

      Large lot near golf, beaches, and lakes in Canadian Lakes.
      11280 Apache Wells Court, Canadian Lakes, MI 49346
      View Details
    • $3,500

      Canadian Lakes Land for Sale

      Secluded land in Canadian Lakes with recreational opportunities.
      10082 Sante Fe Trail unit: #94, Canadian Lakes, MI 49346
      View Details
    • $125,000

      Half-Acre Lot Overlooking Main Lake

      Premier lot with panoramic lake views and community amenities.
      7889 Sunset Shores Drive, Canadian Lakes, MI 49346
      View Details
    • $29,900

      Golf Course View Land

      Land with golf course views and Canadian Lakes amenities.
      9772 Kellys Ct. lot: 96, Canadian Lakes, MI 49346
      View Details
    • $5,500

      Canadian Lakes Golf Course Land

      Land on St. Ives Golf Course in Canadian Lakes, MI.
      9656 S Calgary Drive unit: #589 & 590, Canadian Lakes, MI 49346
      View Details
    • $10,500

      Canadian Lakes Land For Sale

      Large lot near amenities and golf course in Canadian Lakes.
      7618 Red Fox Road unit: 43, Canadian Lakes, MI 49346
      View Details
    • $25,000

      Canadian Lakes Land Opportunity

      3.4-acre lot with access to many amenities in Canadian Lakes.
      6127 Fawn Lake Drive, Canadian Lakes, MI 49346
      View Details
    • $4,000

      Land in Canadian Lakes, MI

      Wooded lot with access to numerous amenities in Canadian Lakes.
      12100 Belle Isle Drive unit: 369, Canadian Lakes, MI 49346
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential land near golf course with community amenities.
    Where is this residential land & home lot located?
    The property is located at 9861 Sunset Drive unit #305 Canadian Lakes, MI.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Free greens fees at Highlands and Pines golf courses.; Access to 800+ acres of private lakes, beaches, and parks.; Located approximately 120 yards from the 15th fairway.
    (810) 210-5491
    We can help!
    Listing Contact
    Matthew Lauckner
    Real Estate License ID: 6501398451
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!