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Property profile & analytics
OFF-MARKET
Land

15 Cathead Bay Dr Northport, MI 49670

0.51 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.51-acre residential lot in Northport, Michigan, presents a rare opportunity to build your dream home on the shores of Lake Michigan. Located on a private drive off N Cathead Bay Drive, this property boasts stunning lake frontage and unparalleled privacy. The lot is situated in a highly desirable area, bordered by the Leelanau State Park and Leelanau Conservancy, ensuring lasting protection from development and preserving the natural beauty of the surroundings. Enjoy the tranquility of this secluded setting, yet remain a short drive from the charming Village of Northport. The permitted zoning is residential, allowing for the construction of a private residence. This is a unique chance to own a piece of pristine Michigan waterfront, offering nature and privacy at its finest. Don't miss this opportunity to create your Up North Michigan retreat. The asking price for this remarkable property is $800,000. The property is privately owned and located in Leelanau County, Michigan, zip code 49670.

Property profile
Verified
Property type Land
Lot 0.51 ac (22,216 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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