For sale

Price cut: $2M (5/24)

$3,000,000

204 S Chandler St, Leland, MI 49654

3beds

2,007sqft

$19,407/mo

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Single Family Residence

Built in 1903

0.99 Acres Lot

$-- Zestimate^®

$1,495/sqft

$-- HOA

What's special

A rare opportunity in downtown Leland - one of the last buildable riverfront properties on the Leland River! 0.99 acres with 214 feet of private river frontage. The existing home and garage can be remodeled to restore its history and charm or removed to make way for your custom estate on this significant, estate-sized lot along one of Northern Michigan’s premier waterways. Boat directly to North Lake Leelanau and enjoy immediate access to all the shops, dining and summer life of Main Street, plus a short walk to the beach. The home has an existing well and municipal sewer. Continue the current use as residential lots or utilize the commercial zoning for your future business endeavors. This is a once in a lifetime opportunity to build your Leland dream estate or to develop it.

63 days

2,094

35

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
3/4 bathrooms: 1
Main level bathrooms: 1

Rooms

Room types: Dining Room

Primary bedroom

Level: Upper
Area: 154
Dimensions: 14 x 11

Bedroom 2

Level: Upper
Area: 156
Dimensions: 12 x 13

Bedroom 3

Level: Upper
Area: 168
Dimensions: 12 x 14

Primary bathroom

Features: Shared

Dining room

Level: Main
Area: 182
Dimensions: 14 x 13

Kitchen

Level: Main
Area: 130
Dimensions: 13 x 10

Living room

Level: Main
Area: 234
Dimensions: 18 x 13

Heating

Hot Water, Natural Gas

Appliances

Included: Refrigerator, Oven/Range, Microwave
Laundry: Lower Level

Features

Entrance Foyer, Breakfast Nook, High Speed Internet
Flooring: Carpet, Laminate
Basement: Unfinished
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 2,007
Total interior livable area: 2,007 sqft
Finished area above ground: 2,007
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Detached, Concrete Floors, Gravel, Circular Driveway, Private
Garage spaces: 2

Accessibility

Accessibility features: None

Features

Levels: 2+ Story
Stories: 2
Patio & porch: Covered, Porch
Exterior features: Dock
Has view: Yes
View description: Water
Water view: Water
Waterfront features: River, All Sports, Sandy Bottom, Lake
Body of water: Leland River
Frontage length: 214

Lot

Size: 0.99 Acres
Dimensions: 214 x 135 x 170 x 266
Features: Level, Sloped, Subdivided

Details

Additional structures: None
Parcel number: 00960060100
Zoning description: Residential,Commercial,Industrial

Construction

Type & style

Home type: SingleFamily
Architectural style: Other
Property subtype: Single Family Residence

Materials

Frame, Wood Siding
Foundation: Stone
Roof: Asphalt

Condition

Fixer
New construction: No
Year built: 1903

Utilities & green energy

Sewer: Public Sewer
Water: Private

Community & HOA

Community

Features: None
Subdivision: Chandler's Park Addition

HOA

Services included: None

Location

Region: Leland

Financial & listing details

Price per square foot: $1,495/sqft
Tax assessed value: $193,286
Price range: $3M - $3M
Date on market: 5/23/2026
Cumulative days on market: 64 days
Listing agreement: Exclusive Right Sell
Listing terms: Conventional,Cash
Ownership type: Private Owner
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/24/2026	Price change	$3,000,000-40%$1,495/sqft
Source: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate #1945617 Report a problem
5/23/2026	Price change	$5,000,000+66.7%$2,491/sqft
Source: NGLRMLS #1945619 Report a problem
5/23/2026	Listed for sale	$3,000,000$1,495/sqft
Source: NGLRMLS #1945617 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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