531 S Lake Shore Drive $619,000


    531 S Lake Shore Drive Lake Leelanau, MI 49653

    Active U/C Taking Backups
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    • 2 Beds
    • 1 Baths
    • 992 sq. ft.
    • Residential
    • MLS# 1877049
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    Views: 673 Days On Site: 300

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    Property Details

    Description Tours

    This truly unique property is looking for the right buyer to enjoy the many amazing capabilities that it offers. Lake Leelanau is one of the most coveted lakes in the region and this property offers year round enjoyment from warm Summer days on the lake, winter ice skating, and short walks into town to enjoy the local food & libations. The options are plentiful on this property - don't blink or you won't get the chance to make it yours!

    • General Features
      • Approx Year Built 1953
      • Type Residential
      • Type of Ownership Estate
      • Town 30
      • Township Leland
      • Private Shared Private
      • Mineral Rights Unknown
    • Building Features
      • Above Gr. FINISHED SF Apx 992
      • Additional Buildings None
      • Appliances Equipment Refrigerator, Oven/Range
      • Condo No
      • Exterior Finish Vinyl
      • Below Gr FINISHED SF Apx 0
      • Below Gr UNFIN SF Apx 992
      • Fireplaces And Stoves None
      • Foundation Full, Daylight Windows, Unfinished
      • Garage Capacity 2
      • Heating Cooling Sources Oil
      • Heating Cooling Types Forced Air
      • Master Bath None
      • # Baths: Lower 0
      • # Baths: Main 1
      • # Baths: Upper 0
      • Bedrooms 2
      • Full Bathrooms 1
      • Half Bathrooms 0
      • Three-Qtr Bathrooms 0
      • Primary Garage Detached
      • Roof Asphalt
      • Style Ranch
      • TV Service/Internet Available Cable TV
      • Bathrooms 1
      • Total FINISHED SF Apx 992
    • Room Features
      • 1 10.10
      • 1 11.4
      • 2 11.5
      • 2 Main Floor
      • 2 9
      • Kitchen Length Apx 14
      • Kitchen Width Apx 10
      • Laundry Level None
      • Living Room Length Apx 15.5
      • Living Room Width Apx 14
    • Property Features
      • Body of Water Lake Leelanau
      • Water Front Footage 529
      • Number of Acres 5.96
      • Water Private Well
      • Water Features Priv Frontage (Wtr Side), Inland Lake, All Sports, Public Lake
      • Univs Design/Barrier Free Covered Entrance
      • Road Blacktop
      • Sewer Private Septic
      • Development Amenities None
      • Driveway Gravel
      • Exterior Features Patio, Porch, Gutters
      • Construction Frame
      • Lot Dimensions 529 x 450
      • Land Features Corner Lot, Wooded, Rolling, Sloping
    • Schools
      • School District Leland Public School District


    Maureen Penfold

    Maureen Penfold


    RE/MAX Bayshore

    Cell: 231-883-3133


    49653 (Lake Leelanau) Demographics

    49 Median Age
    65 Population Density (per sq. mile)
    45% College Educated
    $50,800 Estimated Median Income
    647 Estimated Total Home Owners
    143 Estimated Total Renters
    82% / 18% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    1,797 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $1,725,000 Median Sales Price
    1 Homes Sold
    2 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $619,000
        5/2/2021 11:30:56 AM Status Changed Source New Value: Active U/C Taking Backups
        3/4/2021 1:31:19 AM Status Changed Source New Value: Active
        3/1/2021 11:31:03 AM Status Changed Source New Value: Price Change
        3/1/2021 11:31:03 AM Price Reduced Source New Value: $619,000 -4.77%
        2/28/2021 5:31:02 PM Status Changed Source New Value: Extend
        1/21/2021 1:31:09 AM Status Changed Source New Value: Active
        1/18/2021 1:31:04 PM Status Changed Source New Value: Back on Market
        1/8/2021 12:31:32 PM Status Changed Source New Value: Active U/C Taking Backups
        1/6/2021 12:31:06 PM Status Changed Source New Value: Back on Market
        12/14/2020 2:31:34 PM Status Changed Source New Value: Active U/C Taking Backups
        7/10/2020 10:35:00 AM New in Database Source New Value: $650,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        The data relating to real estate for sale on this web site comes in part from the Internet Data exchange ("IDX") program of Northern Great Lakes REALTORS MLS. All information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.