Waterfront

Lake Leelanau, MI Waterfront Land for Sale

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Waterfront Land Parcel with Private Lake Frontage
Updated: Jul 15
Waterfront Land Parcel with Private Lake Frontage

N Sunset Shores Drive, Lake Leelanau, MI 49653

$880,000
0.70 AC lot
0.70‑acre waterfront lot on North Lake Leelanau
100 feet of private lake frontage
Cleared building envelope ready for home planning
Septic approval for a pump‑and‑haul system is in place
Plans for a community septic system in the works
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Corner Lot With Seasonal Water Views
Updated: Jun 12
Corner Lot With Seasonal Water Views

E Water View Drive lot: 11, Lake Leelanau, MI 49653

$125,000
0.68 AC lot
Corner lot in Bay Hill subdivision with seasonal water views
Utilities available: underground electric, natural gas, and cable
Community septic system
Short‑term rentals prohibited to help maintain the quiet residential character
4 corners are staked
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Commercial Land with M204 Frontage
Commercial Land with M204 Frontage

V/L W MAIN STREET, Lake Leelanau, MI 49653

$145,000

Vacant C-2 parcel with municipal sewer available in Leland Township near Lake Leelanau.

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Waterfront Homesite with Lake Views
Waterfront Homesite with Lake Views

Lot 30 & 31 N, Lake Leelanau, MI 49653

$295,000
0.46 AC lot

Elevated waterfront homesite on 0.46 acres with westerly views over North Lake Leelanau, accessed off a private road.

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Vacant Lot/Land, Lake Leelanau, MI
Vacant Lot/Land, Lake Leelanau, MI

509 S Lake Shore Drive lot: B, Lake Leelanau, MI 49653

$689,900
2.53 AC lot

Waterfront Land · 2.53 Acres

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Lake Leelanau Waterfront Residential Lot
Lake Leelanau Waterfront Residential Lot

1777 S Lake Shore Drive, Lake Leelanau, MI 49653

$800,000
1.40 AC lot

Build on an approved MDEQ site with 203 feet of lake frontage and a gravel drive on 1.4 acres.

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Waterfront Homesite with Lake View
Waterfront Homesite with Lake View

00 E Water View Dr, Lake Leelanau, MI 49653

$109,000

Gently level homesite in Bay Hill with four-season views overlooking Lake Leelanau and mature hardwoods along the western edge.

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Waterfront Homesite with Lake Views
Waterfront Homesite with Lake Views

Lot 28 & 29 N Lake Leelanau Drive, Lake Leelanau, MI 49653

$295,000

Residential building lot with expansive westerly views over North Lake Leelanau, accessed via a private road.

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Unimproved Land
Unimproved Land

509 S Lake Shore Drive, Lake Leelanau, MI 49653

$689,900

Waterfront Land

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Lots/Land
Lots/Land

Lake Leelanau, MI 49653

$800,000

Waterfront Land

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 10 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.

Waterfront Land with Riverfront Access
Waterfront Land with Riverfront Access

204 S Chandler St, Leland, MI 49654

$5,000,000
1.31 AC lot

Buildable riverfront parcels in downtown Leland with substantial frontage and existing well and municipal sewer on site.

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Waterfront Land with Dock
Waterfront Land with Dock

Unit 3 S Chandler Street, Leland, MI 49654

$995,000

River access and an included dock support kayaking, paddleboarding, fishing, and quiet waterfront enjoyment.

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Waterfront Residential Homesite with Dock Access
Waterfront Residential Homesite with Dock Access

Parcel 3 Cherry Beach Court, Suttons Bay, MI 49682

$1,500,000
2.51 AC lot

Residential waterfront land with approximately 205 feet of frontage and room for a private dock near Suttons Bay.

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Residential Waterfront Homesite
Residential Waterfront Homesite

Parcel 4 Cherry Beach Court, Suttons Bay, MI 49682

$1,350,000
2.46 AC lot

Estate-sized waterfront lot with dock-ready access to Suttons Bay and Grand Traverse Bay for private recreation.

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Lake Leelanau, MI Waterfront Land Market Trends and Statistics

Explore 10 waterfront land for sale in Lake Leelanau, MI, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 251,341 square feet of properties for sale, with an estimated market value of $4,828,800.

Sale prices for water rights properties in Lake Leelanau, MI start at $109,000, averaging $482,880, and reaching up to $880,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 10
Waterfront Land 9
Agricultural land / Farmland 2
Commercial land 2
Hunting land 1

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 $522.6K

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)

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