Andover RE
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- Description
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$499,000
Monthly Est:$2,484
-- Bed
-- Bath
616sqft
512 S Lake Shore Dr, Lake Leelanau, MI 49653
$499,000
$2,484/moEst:
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Multi Family
Built in 1900
$-- HOA
2.51 acres lot
$810/sq.ft
Description
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.
- Houzeo last checked: 5 minutes ago
- Listing updated: October 25, 2026 at 12:33 am
- Listing Provided by: Melanie Schaub , Tim Schaub | Schaub Team Premier Realty (231) 674-5950
- Source: Realcomp MLS-MI | MLS#: 78080074726
- Originating MLS: Aspire North REALTORS
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
616 sqft
Lot Size
2.51 acres lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
78080074726
MLS Status
Active
Days on Market
8
Cumulative Days on Market
3
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Septic Tank
Appliances
Oven, Refrigerator, Range
Heating
Forced Air, Natural Gas
Construction
Year Built
Year Built: 1900
Home type
Multi Family
Construction Materials
Aluminum Siding
Architectural Style
Modular Home, Ranch
Utilities & Energy
Basement
Other
Water Source
Well
Other Features
Subdivision Name
N/a
Price History
| Date | Event | Price |
|---|---|---|
10/21/2026 Source: | Listed for Sale | $499,000 $810/sqft |
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Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Oct 30, 2026, 06:15AM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. © 2024 Realcomp II Ltd. MLS. All Rights Reserved.
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