512 S Lake Shore, Lake Leelanau, MI 49653

Lake Leelanau
Local realty services provided by:ERA Prime Real Estate Group
512 S Lake Shore,Lakeleelanau, MI 49653
$499,000
Virtual Tour
  • - Beds
  • - Baths
  • 616 sq. ft.
  • Multi-family
  • Active
Listed by: melanie schaub, tim schaub
Office: schaub team premier realty
MLS#:78080074726
Source:MI_REALCOMP

Price summary

  • Price:$499,000
  • Price per sq. ft.:$810.06

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 #:78080074726
  • Added:3 day(s) ago
  • Updated:October 25, 2026 at 05:01 AM

Rooms and interior

  • Living area:616 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1900
  • Building area:616 sq. ft.
  • Lot area:2.51 Acres
  • Architectural Style:Modular Home, Ranch
  • Construction Materials:Aluminum Siding
  • Levels:One

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$499,000
  • Price per sq. ft.:$810.06
  • Tax amount:$2,656

Features and amenities

  • Appliances:Oven, Range, Refrigerator
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