Fabulous income opportunity in the heart of the village of Lake Leelanau! Currently the house is being used as a 5 bedroom 2 bath long term rental, but this listing boasts not one, but 2 commercial lots within walking distance to the boat launch, wineries, distilleries, restaurants and shops! Both lots (over .5 acres combined) are zoned Commercial C-1 and so there are many, possibilities for future endeavors! These parcels are being sold together and will not be sold separately. The parcel #'s are 45-009-770-200-50 and 45-009-770-202-00. All measurements and tax information have been taken from 3rd party sources and are deemed reliable but should be verified by Buyer or Buyer's Agent.
Property Details
Property Features
Property Information:
Architectural Style: Ranch
Year Built: 1900
Living Area: 2,006 SqFt
Listing Office:
Office Name: Five Star Real Estate - Front St TC
Listing Agent: Robin Vilter
Interior Features
Interior Information:
Appliances: Refrigerator, Oven/Range, Dishwasher, Microwave, Water Softener, Washer, Dryer, Exhaust Fan, Gas Water Heater
Interior: Built-In Bookcase, Mud Room
Fireplace: Gas
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 5
Exterior Features
Exterior Information:
Waterfront: None
Exterior: Sprinkler System, Vinyl, Wood
Parking Information:
Garage Space: 2 spaces
Attached Garage: No
Parking: Concrete, Detached
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 0.40 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Hot Water
Cooling: Natural Gas
School Info
Assigned Schools Information:
Leland Public School, Public District Grades PK-12
Other
Directions Information:
Directions: Heading into Lake Leelanau from Suttons Bay on M-204 the house will be on your right at the intersection of M204 and St. Mary's.
Price Information
Listing Price Info
Price Summary:
List Price: $919,000
Price Per SqFt: $458/SqFt
Tax Information:
Annual Amount: $3,123
Tax Year: 2021
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
High School
8
/10
Leland Public School
200 N Grand Ave
Distance between this listing and this school3.56 miles
Public District Grades PK-12
Nearby Schools
4
/10
Suttons Bay Elementary School
310 S Elm St
Distance between this listing and this school2.98 miles
Public Magnet Grades PK-6
7
/10
Willow Hill Elementary School
1250 Hill St
Distance between this listing and this school14.95 miles
Public District Grades PK-5
7
/10
Central Grade School
301 W Seventh St
Distance between this listing and this school15.85 miles
Public District Grades PK-5
Nearby Schools
6
/10
The Greenspire School
1026 Red Dr
Distance between this listing and this school16.15 miles
Public Charter Grades 6-8
7
/10
Cherryland Middle School
707 E 3rd St
Distance between this listing and this school16.67 miles
Public District Grades 6-8
7
/10
West Middle School
3950 Silver Lake Rd
Distance between this listing and this school16.76 miles
Public District Grades 6-8
Assigned Schools
8
/10
Leland Public School
200 N Grand Ave
Distance between this listing and this school3.56 miles
Public District Grades PK-12
Nearby Schools
3
/10
Suttons Bay Virtual School
500 S Elm St
Distance between this listing and this school2.94 miles
Public Magnet Grades KG-12
8
/10
Suttons Bay Senior High School
500 S Elm St
Distance between this listing and this school2.94 miles
The neighbors living near this home have an average income of $51,799. Typical income of Leelanau County, MI residents is between $35k-100k annually. Most families are married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 102 W Philip St
What is the listing price of this property?
The listing price of 102 W Philip St property is $919,000.
What type of property is this?
The property 102 W Philip St is a house located in Lake Leelanau, Michigan, 49653.
Is this property for sale now?
Active Listing: 102 W Philip St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 102 W Philip St are: Leland Public School: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $3,123 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 102 W Philip St has 5 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 102 W Philip St is 2,006 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 102 W Philip St is 1900.
This home is located at 102 W Philip St in Lake Leelanau, MI and zip code 49653. This 2,006 square foot home, which was built in 1900, sits on a 0.40 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $919,000.
In April 2024, from all listings sold in Leelanau County, MI there were more than 4 sold above asking price, over 6 sold below and more than 2 were sold right at the asked price. In April 2024 in Leelanau County, MI there were 23.3% more homes for sale than in March 2024. While the average time on the market in April 2024 was 63 days, the median list price was $832,500.
From Rocket Homes Real Estate and based on county public records data.