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    Elk Rapids, MI
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    Elk Rapids, MI Waterfront Land for Sale

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    Kewadin, MI Traverse City, MI Rapid City, MI Williamsburg, MI Alden, MI Acme, MI Bellaire, MI Suttons Bay, MI
    Waterfront Residential Land Lot
    Updated: Apr 27
    Waterfront Residential Land Lot

    308 S Bayshore Dr, Elk Rapids, MI 49629

    $950,000
    Grand Traverse Bay waterfront lot in the Village of Elk Rapids
    City water and sewer available
    Nicely wooded property
    Private frontage for beach activities
    Located around the corner from Memorial Park (tennis, basketball, playground, and community events)
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Elk Rapids, 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.

    Inland Waterfront-Access Building Lot
    Inland Waterfront-Access Building Lot

    14857 Mallard Drive, Traverse City, MI 49686

    $695,000
    2.13 AC lot

    Inland building parcel in a platted subdivision with a mix of cleared and wooded ground plus shared East Bay amenities.

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    Private Waterfront Land Parcel
    Private Waterfront Land Parcel

    14750 Mallard Drive, Traverse City, MI 49686

    $3,500,000
    4.99 AC lot

    Build on a raised, private shoreline site with commanding Great Lakes views and direct boating access.

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    Lake-Adjacent Residential Estate Land
    Lake-Adjacent Residential Estate Land

    B-3 Stallman Road, Rapid City, MI 49676

    $139,900
    7.51 AC lot

    Residentially zoned estate parcel in Antrim County, sized for a private build near Torch and Elk Lakes.

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    Residential Waterfront Estate Land
    Residential Waterfront Estate Land

    B-4 Stallman Road, Rapid City, MI 49676

    $159,900
    7.51 AC lot

    Build a private estate on a residential waterfront parcel near Torch and Elk lakes in the Rapid City area.

    View details

    Elk Rapids, MI Waterfront Land Market Trends and Statistics

    Explore 1 waterfront land for sale in Elk Rapids, MI on our real estate platform.

    Sale prices for water rights properties in Elk Rapids, MI average $950,000 — 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 8
    Commercial land 2
    Waterfront Land 1

    Demographics Overview

    Population 2,037
    Population Growth (5Y) +0.1%
    Median Household Income $74,318
    College Educated 62.2%

    Taxes & Financing

    Tax Rate (average for all types) 1.89%
    Property Tax per SF $21.92 per SF
    Tax Rate vs County Average 0.43 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Antrim County

    New Delisted

    Total CRE Inventory on Market (SF)

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