Residential Income

Suttons Bay, MI Residential Income Properties for Sale

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Northport, MI Traverse City, MI Lake Leelanau, MI Leland, MI Cedar, MI Kewadin, MI Elk Rapids, MI Central Lake, MI
Lakefront Duplex Residential Property
Updated: Jun 26
Lakefront Duplex Residential Property

723 N Apple Tree Drive, Suttons Bay, MI 49682

$599,000
1,504 sqft
1,504‑square‑foot, 1.5‑story duplex‑style residence built in 1995
Lake waterfront features with HOA access to a sandy beach
Shared amenities include a pool, hot tub, tennis, clubhouse, and covered picnic area
Main level includes a bedroom, bathroom, foyer, dining room, and living areas
Upper level provides a guest room, loft, second bathroom, and extra storage
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BINGHAM TWP, MI
Updated: Aug 13
BINGHAM TWP, MI

Suttons Bay, MI 49682

$825,000
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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 12 Potential Opportunities for your consideration. Besides 2 Active listings in Suttons Bay, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Restored Cottage Court Resort
Restored Cottage Court Resort

917 S Bayshore Drive, Elk Rapids, MI 49629

$1,750,000
4,000 sqft 5.88 AC lot

Waterfront-area hospitality property with individually renovated cottages, shared guest amenities, and an on-site owners’ residence.

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Hotel Property with Lake Views
Hotel Property with Lake Views

1757 N Manitou Trail, Leland, MI 49654

$4,200,000
9,244 sqft 4.33 AC lot

Hospitality property with multiple buildings, short-term rental accommodations, and private frontage across the road from North Lake Leelanau.

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Multi-Building Lakefront Hotel
Multi-Building Lakefront Hotel

1757 N Manitou Trl, Leland, MI 49654

$4,200,000
9,244 sqft

Hospitality property with short-term lodging, a historic lodge, guest services, and recreational rental operations.

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Restored Cottage Court Resort
Restored Cottage Court Resort

917 S Bayshore Drive, Elk Rapids, MI 49629

$1,750,000
5.00 AC lot

Ten renovated cottages with shared outdoor gathering areas sit across from public beach access.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Wooded Lot with Bay Frontage
Wooded Lot with Bay Frontage

1722 S Cherry Blossom Lane, Suttons Bay, MI 49682

$79,900
0.62 AC lot

Wooded lot featuring shared West Bay frontage in Suttons Bay.

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Rolling Farmland with Bay Views
Rolling Farmland with Bay Views

Parcel B E Duck Lake Road, Suttons Bay, MI 49682

$1,350,000
46.40 AC lot

Elevated agricultural land offers open terrain, water views, and Residential/Agricultural zoning near Suttons Bay.

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Elevated Farmland Development Parcel
Elevated Farmland Development Parcel

Parcel C E Duck Lake Road, Suttons Bay, MI 49682

$2,600,000
74.20 AC lot

Developable farmland parcel offers ridge-top elevation and multi-directional water views near Suttons Bay.

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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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Off-Market Properties in Suttons Bay, MI

Consider similar Off-Market properties in Suttons Bay, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

9226 Duck Lake Rd
Farms

9226 Duck Lake Rd, Suttons Bay, MI 49682

Estimated value:
No data
149.82 AC lot
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10343 Hilltop Rd
Restaurants

10343 Hilltop Rd, Suttons Bay, MI 49682

Estimated value:
No data
11,270 sqft 78.37 AC lot
View details

Suttons Bay, MI Residential Income Properties Market Trends and Statistics

Explore 4 residential income properties for sale in Suttons Bay, MI on our real estate platform. These investment opportunities span a total of 1,504 square feet of properties for sale, with an estimated market value of $1,424,000.

Sale prices for residential income properties in Suttons Bay, MI start at $599,000, averaging $712,000, and reaching up to $825,000 — 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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Demographics Overview

Population 4,528
Population Growth (5Y) +10.6%
Median Household Income $89,688
College Educated 66.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49682 $712K

Taxes & Financing

Tax Rate (average for all types) 2.68%
Tax Rate vs County Average 0.44 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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