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512 S Lake Shore, Lake Leelanau, MI 49653

Lake Leelanau
Local realty services provided by:CENTURY 21 Signature Realty
512 S Lake Shore,Lake Leelanau, MI 49653
$499,000
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  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: melanie schaub, tim schaub
Office: schaub team premier realty
MLS#:80074726
Source:MI_REALSOURCE

Price summary

  • Price:$499,000

About this home

Explore the potential of this 2.51-acre property ideally located in Lake Leelanau, within walking distance of local restaurants, wineries, distillery, grocery store, school, and church. Zoned R-3 High Density Residential in Leland Township, this property offers an exciting opportunity for investors looking to expand their portfolio or explore future development possibilities. The property currently features three rental units, including one studio-style unit, along with two trailers, each offering 2 bedrooms and 1 bathroom. With its convenient location, existing rental accommodations, and generous acreage, this property offers plenty of potential to generate income, enhance the existing rentals, or investigate future development opportunities. A rare opportunity to invest in the heart of desirable Lake Leelanau! The property has access off both S Lake Shore Drive and St. Joseph Street.

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Home facts

  • Year built:1900
  • Subdivision & Development:N/A
  • Listing ID #:80074726
  • Added:3 day(s) ago
  • Updated:October 24, 2026 at 07:20 AM

Rooms and interior

  • Kitchen Description:Range/Oven, Refrigerator

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1900
  • Lot area:2.51 Acres
  • Construction Materials:Aluminum
  • Levels:1 Story

Schools

  • High school:Leland Public School
  • Middle school:Leland Public School
  • Elementary school:Leland Public School

Utilities

  • Water:Private Well
  • Sewer:Septic

Finances and disclosures

  • Price:$499,000
  • Tax amount:$2,656

Features and amenities

  • Appliances:Range/Oven, Refrigerator
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