Residential

Lake Leelanau, MI Residential Land & Home Lots for Sale

Notify Me
List
Map
Traverse City, MI Cedar, MI Suttons Bay, MI
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
View details
Lake Leelanau Vacant Land Opportunity
Updated: May 7
Lake Leelanau Vacant Land Opportunity

4763 E Water View Drive lot: 15, Lake Leelanau, MI 49653

$160,000
1.02 AC lot
Unobstructed four‑season views of Lake Leelanau.
Level building site in the prestigious Bay Hill development.
Prime location between Lake Leelanau and Leland, just off M‑22.
Access to beaches, wineries, golf courses, dining, and boutiques in Leland, Lake Leelanau, and Suttons Bay.
Underground utilities and association wastewater system.
View details
Residential Development Land with Creek
Residential Development Land with Creek

7877 E Bernadette Drive, Lake Leelanau, MI 49682

$309,000
10.32 AC lot

10.32-acre residential parcel with creek, cleared areas, and a power-equipped pole barn for flexible home sites.

View details
Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Land in Leelanau Heart
Land in Leelanau Heart

V/L S Schomberg Road, Lake Leelanau, MI 49653

$228,000
9.50 AC lot

9.5 acre vacant lot with building options in Leelanau.

View details
Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 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.

Leland Vacant Corner Lot
Leland Vacant Corner Lot

E Juniper Trail lot: 12, Leland, MI 49654

$575,000
0.21 AC lot

Premium Leland corner lot ready for building.

View details
Large Wooded Village-Adjacent Parcel
Large Wooded Village-Adjacent Parcel

E Smiseth Road, Suttons Bay, MI 49682

$350,000
11.31 AC lot

An 11.31-acre wooded parcel backing Village parkland, offering multiple building sites and rolling terrain.

View details
Central Residential Buildable Lot
Central Residential Buildable Lot

112 W Madison Avenue, Suttons Bay, MI 49682

$149,000
0.12 AC lot

Build a planned 4-bedroom home on a centrally zoned lot with owner-occupancy and no short-term rental restrictions.

View details
Leland Vacant Lot Near Downtown
Leland Vacant Lot Near Downtown

S Manitou Trail, Leland, MI 49654

$289,000
0.08 AC lot

Vacant lot near beach and downtown Leland, Michigan.

View details

Lake Leelanau, MI Residential Land & Home Lots Market Trends and Statistics

Explore 4 residential land & home lots for sale in Lake Leelanau, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $822,000.

Sale prices for home sites in Lake Leelanau, MI start at $125,000, averaging $205,500, and reaching up to $309,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 4
Agricultural land / Farmland 1
Hunting land 1
Waterfront Land 1
Recreation 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
Suttons Bay $309K
Lake Leelanau $328.3K

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%

Listings Trend

New vs delisted commercial listings in Leelanau County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

Retail

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings