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Off market
  • $1,463,900

    551 S Lake Shore Dr, Lake Leelanau, MI 49653

    4beds
    3,880sqft
    SingleFamily
    Built in 1991
    0.68 Acres Lot
    $1,463,900 Zestimate®
    $377/sqft
    $4,165 Estimated rent

    Home value

    $1,463,900

    $1.27M - $1.71M

    $4,165/mo

    Zestimate® history
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    $8,649/mo

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    What's special

    With beautiful sunrises you'll enjoy peaceful mornings on the lake at this low maintenance ranch home only a short drive to all Leelanau Villages and Traverse City. This special home nestles on 100ft direct Lake Leelanau waterfront and offers 4 bedrooms 3.5 baths, 3880 SF with floating dock and boat slip that never has to be removed from the lake for the winter season. It has a second garage in the lower level to park your boat or use as a exercise room. The living room has panoramic views of the water, a floor to ceiling stone natural gas fireplace and an adjoining tasteful dining room facing the lake. The updated 2016 first rate kitchen with granite counters has all new stainless appliances and a granite work space for your food prep or buffet space. The first floor laundry also has pantry space. As you enter the foyer there is a den with French doors on your left that will beautifully work for a home office. The main floor master suite faces the lake and has a slider to the deck were you can take night or daytime dips directly from your bedroom. Park your boat in the lower level garage or use as an exercise room. There are two Nat. gas furnaces one for main and one for the lower level walkout. One is new it has just been installed. The pool table game area is good for family fun and it adjoins the spacious family room with wood burning stone fireplace. Two large bedrooms and bath make this space so inviting to family and friends. Come out to the lake and see what this lovely home offers you and your family.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet, Concrete
    Interior area
    • Total interior livable area: 3,880 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Vinyl, Brick
    • Has spa: Yes
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.68 Acres
    Details
    • Parcel number: 00902500510

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1991

    Community & HOA

    Location
    • Region: Lake Leelanau

    Financial & listing details

    • Price per square foot: $377/sqft
    • Tax assessed value: $1,076,800
    • Annual tax amount: $10,372

    Price history

    DateEventPrice
    9/21/2016Sold$578,000-7.5%$149/sqft
    Source: NGLRMLS #1818891 Report a problem
    8/5/2016Pending sale$624,900$161/sqft
    Source: Coldwell Banker Schmidt, Realtors #1818891 Report a problem
    6/22/2016Listed for sale$624,900+33%$161/sqft
    Source: COLDWELL BANKER SCHMIDT-S.BAY #1818891 Report a problem
    7/24/2000Sold$469,900$121/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,372 +5.7%$538,400 +12.5%
    2024$9,814 +4.9%$478,400 +28.5%
    2023$9,353 +1.1%$372,400 +25.3%
    2022$9,255 -2.1%$297,300 -0.2%
    2021$9,449 +23.1%$297,800 -1.6%
    2020$7,677 $302,600 +3%
    2019-- $293,700 -1.7%
    2018-- $298,800 -0.5%
    2017-- $300,200 +17.3%
    2016-- $255,900 +25%
    2015-- $204,700 +7.3%
    2014-- $190,700 +2.1%
    2013-- $186,800 +5.2%
    2012-- $177,500 -4.1%
    2011-- $185,000 -7.8%
    2010-- $200,700
    Find assessor info on the county website

    Neighborhood: 49653

    Nearby schools

    GreatSchools rating
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