Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    10343 Hilltop Rd Suttons Bay, MI 49682

    Sponsored
    For Sale
    $3,990,000

    Northern Michigan Winery, Residence, & Business

    Property size:
    11,270 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional turnkey opportunity presents a thriving Northern Michigan winery and private residence nestled on 78.37 acres in Suttons Bay, Leelanau County (49682). The 11,270 square foot property, built in 1990, boasts a successful wine and event business, currently producing 3,000 cases annually and distributing to 45 states. The impressive estate features a five-bedroom, 4.5-bathroom home with stunning Grand Traverse Bay views, offering flexible uses including bed and breakfast or event guest space. The home includes a recently updated kitchen, ample storage, and a three-car attached garage. The expansive property includes 13 acres of primarily cool-climate vinifera grapes, with potential for up to 8 more acres of planting. The existing vineyard benefits from loam soil, ideal for water retention, air circulation, and fertility. A flexible tasting room with indoor/outdoor spaces accommodates events for up to 250 people, complemented by a strong wine club membership exceeding 600. This unique property offers a blend of residential comfort, established business success, and significant growth potential, all within a picturesque setting. The asking price is $3,990,000.

    Property Features for 10343 Hilltop Rd

    General Information

    Property type
    Restaurants
    Square Feet
    11,270 SF
    Lot Size
    3,413,797 SF

    Building Details

    Year Built
    1990

    HighLights

    • Estate‑grown grapes, produced and bottled on‑site.
    • Retail and wholesale distribution to 45 states.
    • 600+ wine club members.
    • Currently producing 3,000 cases annually.
    • Flexible tasting room with indoor/outdoor space, accommodating up to 250 guests.
    • Potential to plant up to 8 additional acres of grapes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ciccone Vineyard & Winery Winery

    Suggested Use

    Restaurant Realty agency Hotel & Motel Department Store Bar & Pub Discount Store Wine and Liquor Store Travel Agency Bed & Breakfast Nursing Home

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

    Location Insight

    • Map
    • Local Demand
    City
    Suttons Bay
    County
    Leelanau
    State
    Michigan
    Longitude
    -85.6469392
    Latitude
    44.907257

    Nearby Comparable

    • $3,700,000
      18,000 SF

      West Bay Shore Village: Prime MI Location

      Fully leased, mixed-use waterfront property
      5046 Bay Shore Dr, Suttons Bay, MI 49682
      View Details
    • $5,000,000
      Pending

      Leelanau Peninsula Winery and Vineyard

      Turn-key Northern Michigan winery with award-winning wines and vineyard.
      9580 E Shady Ln, Suttons Bay, MI 49682
      View Details
    • $139,000
      1,218 SF

      Modern Storage Condo in Leelanau

      Modern 1,218 SF storage condo with boat/RV services.
      8597 E Bingham Rd, Traverse City, MI 49684
      View Details
    • $159,000
      1,218 SF

      Traverse City Storage Condo

      Modern 1,218 sq ft storage unit, heated.
      8597 Bingham Rd, Traverse City, MI 49684
      View Details
    • $200,000
      20.00 Acres

      20 Acres Near Herman Park

      20-acre parcel bordering Herman Park, ideal for outdoor enthusiasts.
      S Center Hwy, Suttons Bay, MI 49682
      View Details

    Nearby Similar for Sale

    • $5,000,000
      Pending

      Leelanau Peninsula Winery and Vineyard

      Turn-key Northern Michigan winery with award-winning wines and vineyard.
      9580 E Shady Ln, Suttons Bay, MI 49682
      View Details
    • $999,000
      3,187 SF

      Operating Retail Store on M-22

      Operating liquor and convenience store on M-22 corridor.
      1375 West Bay Shore Dr, Suttons Bay, MI 49682
      View Details
    • $895,000

      Updated Bay Cliff Condo

      Renovated condo with bay views and community amenities.
      898 N Bay Cliff Dr, Suttons Bay, MI 49682
      View Details
    • $1,050,000

      Condo with Boat Slip on Bay

      Condo with 50-foot boat slip near Suttons Bay.
      704 N Dockside Cir, Suttons Bay, MI 49682
      View Details
    • $1,050,000

      Condo with Boat Slip on Bay

      Condo with boat slip near Suttons Bay amenities and attractions.
      704 N Dockside Cir, Suttons Bay, MI 49682
      View Details
    • $1,050,000
      1,893 SF

      Condo with Boat Slip on Bay

      Condo with boat slip near Suttons Bay amenities and attractions.
      704 N Dockside Cir, Suttons Bay, MI 49682
      View Details
    • $3,700,000
      18,000 SF

      West Bay Shore Village: Prime MI Location

      Fully leased, mixed-use waterfront property
      5046 Bay Shore Dr, Suttons Bay, MI 49682
      View Details

    FAQs

    What type of property is this?
    Restaurant - Northern Michigan Winery, Residence, & Business
    Where is this restaurant located?
    The property is located at 10343 Hilltop Rd Suttons Bay, MI.
    What is the asking price?
    The asking price for this property is $3,990,000.
    What are key features of this property?
    This property features: Estate-grown grapes, produced and bottled on-site.; Retail and wholesale distribution to 45 states.; 600+ wine club members.
    Request Owner's contact information
    10343 Hilltop Rd Suttons Bay, MI 49682
    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.
    10343 Hilltop Rd
    Suttons Bay, MI 49682
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    10343 Hilltop Rd Suttons Bay, MI 49682
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.