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    Lake Leelanau, MI
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    Lake Leelanau, MI Residential Land & Home Lots for Sale

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    Traverse City, MI Cedar, MI Suttons Bay, MI Maple City, MI Leland, MI Empire, MI
    11 properties
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    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
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    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.
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    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.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Waterfront Homesite with Lake View
    Waterfront Homesite with Lake View

    Lake Leelanau, MI 49653

    $109,000

    Gently level homesite in Bay Hill with four-season views overlooking Lake Leelanau and mature hardwoods along the western edge.

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    LAND - Lake Leelanau, MI
    LAND - Lake Leelanau, MI

    N Lake Leelanau Drive, Lake Leelanau, MI 49653

    $295,000
    0.46 AC lot

    Land · 0.46 Acres

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    LAND - Lake Leelanau, MI
    LAND - Lake Leelanau, MI

    N Lake Leelanau Drive, Lake Leelanau, MI 49653

    $295,000
    0.46 AC lot

    Land · 0.46 Acres

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    LAND - Lake Leelanau, MI
    LAND - Lake Leelanau, MI

    E Water View Drive lot: 24, Lake Leelanau, MI 49653

    $109,000
    0.71 AC lot

    Land · 0.71 Acres

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    Countryside View Homesite with Water Glimpse
    Countryside View Homesite with Water Glimpse

    Lake Leelanau, MI 49653

    $75,000
    0.57 AC lot

    Build in a quiet setting with wide-open countryside views and a subtle glimpse of water.

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    LAND - Lake Leelanau, MI
    LAND - Lake Leelanau, MI

    N Lake Leelanau Drive, Lake Leelanau, MI 49653

    $129,900
    3.20 AC lot

    Residential land & home lots · 3.20 Acres

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    Land
    Land

    6244 E Pine Knobbs Dr, Lake Leelanau, MI

    $125,000

    Residential land & home lots

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    Unimproved Land
    Unimproved Land

    00 N Lake Leelanau Drive, Lake Leelanau, MI 49653

    $129,900

    Residential land & home lots

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 11 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.

    Wooded Recreational Home Site
    Wooded Recreational Home Site

    6 acres N Manitou Trl, Leland, MI 49654

    $244,000
    6.00 AC lot

    Six-acre wooded parcel offering a secluded setting with proximity to Leland-area amenities and Lake Michigan beaches.

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    Wooded Village Acreage Parcel
    Wooded Village Acreage Parcel

    E Smiseth Road, Suttons Bay, MI 49682

    $335,000
    11.31 AC lot

    11.31-acre wooded parcel in the Village of Suttons Bay with direct backing to Village-owned parkland.

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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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    Buildable Residential Lot Near Beach
    Buildable Residential Lot Near Beach

    00 S Manitou Trl, Leland, MI 49654

    $289,000

    Build a planned four-bedroom home with included design materials and sewer fees already paid.

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

    Explore 11 residential land & home lots for sale in Lake Leelanau, MI, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 758,815 square feet of properties for sale, with an estimated market value of $1,861,800.

    Sale prices for home sites in Lake Leelanau, MI start at $75,000, averaging $169,254, 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 7
    Waterfront Land 6
    Agricultural land / Farmland 2
    Commercial land 1
    Hunting 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
    Lake Leelanau - 49653 $185.7K
    Suttons Bay - 49682 $309K

    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%

    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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    • 49653
    • 49682

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