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    Cedar, MI
    Waterfront

    Cedar, MI Waterfront Land for Sale

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    Maple City, MI Traverse City, MI Empire, MI Lake Leelanau, MI Lake Ann, MI Suttons Bay, MI Glen Arbor, MI Leland, MI
    Residential Waterfront Land Parcel
    Updated: Nov 16, 2025
    Residential Waterfront Land Parcel

    VL S Skyline Drive, Cedar, MI 49621

    $550,000
    0.97 AC lot
    Nearly 1‑acre property with 50 feet of private frontage on South Lake Leelanau
    Waterfront features include a hard, sandy bottom and clear water
    Flat yet elevated building site
    Soil tests have approved an alternative treatment septic system
    Property spans two parcels on Skyline Drive, just off S. Lake Shore Drive
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Cedar, 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 Lakefront Land Parcel
    Waterfront Lakefront Land Parcel

    3 Woodland Trail, Traverse City, MI 49684

    $480,000
    6.00 AC lot

    Secluded wooded waterfront lot with direct lake access and a private ingress/egress road easement.

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    Waterfront Land Parcel
    Waterfront Land Parcel

    Traverse City, MI 49684

    $480,000
    6.00 AC lot

    Secluded lakefront land with a forested slope to Pikes Lake and private road access via a 66-foot ingress/egress easement.

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    Vacant Lot/Land, Suttons Bay, MI
    Vacant Lot/Land, Suttons Bay, MI

    4800 S W Bay Shore Drive, Suttons Bay, MI 49682

    $625,000
    1.05 AC lot

    Waterfront Land · 1.05 Acres

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    Waterfront Land Parcel
    Waterfront Land Parcel

    5380 S W Bay Shore, Suttons Bay, MI 49682

    $350,000
    1.02 AC lot

    Buildable waterfront parcel with private frontage, offering space for a private home plan in a residential zoning area.

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    Cedar, MI Waterfront Land Market Trends and Statistics

    Explore 1 waterfront land for sale in Cedar, MI on our real estate platform. These investment opportunities span a total of 42,253 square feet of properties for sale, with an estimated market value of $550,000.

    Sale prices for water rights properties in Cedar, MI average $550,000 — 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 27
    Hunting land 6
    Recreation land 5
    Waterfront Land 1

    Demographics Overview

    Population 3,701
    Population Growth (5Y) +6.2%
    Median Household Income $92,794
    College Educated 58.6%

    High-Yield Neighborhoods for Investment

    Identify Cedar submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49621 $314.3K

    Taxes & Financing

    Tax Rate (average for all types) 1.87%
    Tax Rate vs County Average 0.38 pp below county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Leelanau County

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