5800 Lake Leelanau Dr # 11, Traverse City, MI 49684

3 beds1 bath1,936 sqft

For Sale
$224,500
Zestimate®: $230,917
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My Notes

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INVESTORS! Your waterfront vacation home will practically pay for itself! Rental income is +/- $24,000/yr. with plenty of time left to enjoy it yourself. Even when rented out, you can still use the beachfront property & your deeded boat slip in the private harbor. 400' of DIRECT water frontage with a sandy beach (not across a road). Awesome sunsets on the east shore of Lake Leelanau & only 10 mins. to Traverse City or Suttons Bay. Spacious home with cathedral ceiling, gas fireplace and new Carpet and Paint.

Facts

  • Lot: 0.25 acres
  • Single Family
  • Built in 1940
  • 653 days on Zillow
  • Views: 6,921 all time views
  • 45 shoppers saved this home
  • Price/sqft: $116
  • MLS #: 1747386

Construction

  • Roof type: Other
  • Stories: 1
  • Structure type: Other

Other

  • Floor size: 1,936 sqft
  • Zillow Home ID: 2112300927

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$230,917
+$314 Last 30 days
$206K
$286K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$913/mo
+$19 Last 30 days
$676
$1.5K
Zestimate range

Comparable Homes

Homes like this sold for $186-340K.

$160K
$370K

Popularity on Zillow

Trending! This home is one of the top 10% most visited in the neighborhood this week.
3,408 views since listing
6,921 all-time (chart)
45 shoppers saved
this home to their list of favorites
 

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Market guide

Zillow predicts Michigan home values will increase 2.6% next year.

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    For Sale

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    Nearby Schools in Leelanau

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org