Nestled along 100 feet of private frontage on beautiful Lake Leelanau, this exceptional waterfront property captures everything people love about life in Leelanau County. Set on a spacious lot with a sweeping lawn stretching to the water's edge, the setting invites long summer days on the lake, evening bonfires by the shore, and unforgettable gatherings with family and friends. The thoughtfully maintained 4-bedroom, 2.5-bath home is designed to make the most of its waterfront setting, with lake views from many of the home's primary living spaces. The main residence features three spacious bedrooms, two full baths, and a convenient powder room. A large finished guest space adjacent to the garage provides additional seasonal accommodations for visitors. The updated kitchen offers generous workspace and opens comfortably to the living and dining areas, while expansive windows frame picturesque views of Lake Leelanau. Recent improvements include a newer septic system and drain field, providing peace of mind for years to come. With over 8,500 acres of water and more than 40 miles of shoreline, Lake Leelanau is one of Northern Michigan's most treasured destinations for boating, fishing, swimming, and waterfront recreation. From this central location, you'll enjoy easy access to award-winning wineries, renowned restaurants, golf courses, and the charming towns that make Leelanau County such a special place to call home. Whether you're looking for a year-round residence or a seasonal retreat, this is a rare opportunity to own 100 feet of private frontage on one of Northern Michigan's most beloved lakes.
For sale
Price cut: $100K (8/6)
$1,800,000
553 S Lake Shore Dr, Lake Leelanau, MI 49653
4beds
2,280sqft
Single Family Residence
Built in 1965
0.8 Acres Lot
$-- Zestimate®
$789/sqft
$-- HOA
What's special
Exceptional waterfront propertyThree spacious bedrooms
- 81 days
- 1,646
- 61
Zillow last checked:
Listing updated:
Listed by:
Jennifer Gaston 231-313-0591,
REMAX Bayshore - Union St TC 231-941-4500
Source: NGLRMLS,MLS#: 1946402
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 4
Primary bedroom
- Level: Main
- Area: 221
- Dimensions: 17 x 13
Bedroom 2
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Bedroom 3
- Level: Main
- Area: 234
- Dimensions: 13 x 18
Bedroom 4
- Level: Main
- Area: 270
- Dimensions: 27 x 10
Primary bathroom
- Features: Private
Dining room
- Level: Main
- Area: 192
- Dimensions: 16 x 12
Kitchen
- Level: Main
- Area: 195
- Dimensions: 15 x 13
Living room
- Level: Main
- Area: 375
- Dimensions: 25 x 15
Heating
- Forced Air, Natural Gas, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan, Gas Water Heater, Humidifier
- Laundry: Main Level
Features
- Bookcases, Entrance Foyer, Pantry, Breakfast Nook, Solid Surface Counters, Cable TV
- Flooring: Carpet, Tile, Vinyl
- Windows: Blinds, Drapes, Curtain Rods
- Basement: Crawl Space
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 2,280
- Total interior livable area: 2,280 sqft
- Finished area above ground: 2,280
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage Door Opener, Paved, Finished Rooms, Concrete Floors, Asphalt, Private
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Rain Gutters, Dock
- Has view: Yes
- View description: Water
- Water view: Water
- Waterfront features: Inland Lake, All Sports, Gradual Slope to Water, Vegetation to Water Edge
- Body of water: Lake Leelanau
- Frontage type: Waterfront
- Frontage length: 100
Lot
- Size: 0.8 Acres
- Dimensions: 100 x 360
- Features: Sloped, Metes and Bounds
Details
- Additional structures: Shed(s)
- Parcel number: 00902500500
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1965
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Green energy
- Energy efficient items: Not Applicable
- Water conservation: Not Applicable
Community & HOA
Community
- Features: None
- Subdivision: Narrows
HOA
- Services included: None
Location
- Region: Lake Leelanau
Financial & listing details
- Price per square foot: $789/sqft
- Tax assessed value: $351,460
- Annual tax amount: $10,787
- Price range: $1.8M - $1.8M
- Date on market: 6/11/2026
- Cumulative days on market: 82 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash,1031 Exchange
- Ownership type: Private Owner
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Price change | $1,800,000-5.3%$789/sqft |
Source:  NGLRMLS #1946402 Report a problem | ||
| 7/29/2026 | Price change | $1,900,000-5%$833/sqft |
Source: NGLRMLS #1946402 Report a problem | ||
| 7/21/2026 | Price change | $2,000,000-9.1%$877/sqft |
Source: NGLRMLS #1946402 Report a problem | ||
| 6/24/2026 | Price change | $2,200,000-8.3%$965/sqft |
Source: NGLRMLS #1946402 Report a problem | ||
| 6/11/2026 | Listed for sale | $2,399,000+59.9%$1,052/sqft |
Source: NGLRMLS #1946402 Report a problem | ||
| 8/29/2023 | Listing removed | -- |
Source:  RE/MAX of Michigan Report a problem | ||
| 7/11/2023 | Listed for sale | $1,500,000+140%$658/sqft |
Source: NGLRMLS #1913247 Report a problem | ||
| 11/15/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/15/2022 | Listed for rent | $2,000$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 12/13/2019 | Sold | $625,000-1.6%$274/sqft |
Source: NGLRMLS #1863713 Report a problem | ||
| 8/1/2019 | Price change | $634,900-2.2%$278/sqft |
Source: Coldwell Banker Schmidt, Realtors #1863713 Report a problem | ||
| 6/30/2019 | Listed for sale | $649,000+48.3%$285/sqft |
Source: Coldwell Banker Schmidt-Leland #1863713 Report a problem | ||
| 8/31/2007 | Sold | $437,500$192/sqft |
Source: NGLRMLS #1660565 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,787 +5.7% | $588,000 +11.2% |
| 2024 | $10,207 +4.9% | $528,900 +36.3% |
| 2023 | $9,727 +1.1% | $388,000 +25.5% |
| 2022 | $9,617 -3.2% | $309,200 -0.1% |
| 2021 | $9,933 +102.8% | $309,500 -1.6% |
| 2020 | $4,898 | $314,600 +25.8% |
| 2019 | -- | $250,000 -0.7% |
| 2018 | -- | $251,800 -0.4% |
| 2017 | -- | $252,800 +14.9% |
| 2016 | -- | $220,100 +20.8% |
| 2015 | -- | $182,200 +4.6% |
| 2014 | -- | $174,200 +2.3% |
| 2013 | -- | $170,300 -5.4% |
| 2012 | -- | $180,000 -4.1% |
| 2011 | -- | $187,600 -8% |
| 2010 | -- | $203,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 49653
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