3027 S Blake Lane, Lake Leelanau - SOLD 2015

SOLD LAKE LEELANAU HOME

LISTING SOLD by Oltersdorf Realty LLC on 4/2/2015
3027 S Blake Lane, Lake Leelanau, MI - Home on 3.91 Acres
Asking Price: $295,000

This attractive 4 bedroom, 2 bath home offers 2200 sq ft of finished living area, main level master bedroom suite, hardwood flooring, stone fireplace, an unfinished walk-out lower level with potential for 1100+ sq ft of additional living space, and a beautiful wrap around covered porch! Nestled within hardwoods on a ~3.9 acre secluded parcel conveniently located between Traverse City & Suttons Bay! Home is sold in as-is condition.

Lee Point Rd, Suttons Bay - SOLD

SOLD SUTTONS BAY WATERFRONT PARCEL

LISTING SOLD by Oltersdorf Realty LLC on 3/27/2015
Lee Point Road, Suttons Bay - 204' on West Grand Traverse Bay
Asking Price: $295,000

This wonderful 2.15 acre building site enjoys a gradual slope to 204 feet of sandy beach frontage on West Grand Traverse Bay! A protected cove offers an ideal location for swimming and boating and a meandering creek provides privacy from neighboring parcel and creates a wonderful wildlife area. An exceptional location to build a primary or vacation home, Lee Point Rd is a low traffic 35 mile/hour county maintained roadway just 12 minutes North of Traverse City! Drain field approval on file.

Pure Michigan & Google 360 Tours!

Pure Michigan & Google 360 Tours!

The State of Michigan and Google have reached an agreement for Google Trekker to provide full 360 degree “virtual tours” of popular attractions such as the Sleeping Bear Dunes Dune Climb and other trail hikes in our region and throughout the State of Michigan. Click below for some popular tourist destinations in Leelanau County.

Sleeping Bear Dunes Pierce Stocking Overlook

Sleeping Bear Dunes Dune Climb

Sleeping Bear Dunes Pyramid Point Trail

Sleeping Bear Dunes Empire Bluff Trail

Click here for all of the locations in Michigan

7842 S Glen Lake Road, Glen Arbor, MI - NEW LISTING

The “Beech Tree Lodge” is a spectacular waterfront home nestled within towering trees offering elevated water views and 101 feet of private sandy frontage on Big Glen Lake ideal for boating and swimming! Carefully constructed with the intention of a popular gathering place for extended families and friends this 3500+ sq. ft. home features a perfect entertaining space with a large great room and cathedral ceilings, floor to ceiling stone fireplace, an open gourmet chef’s kitchen with large island and breakfast bar, dining area seating for 15, and a lakeside 280 sq. ft. covered screened-in porch. 3 master bedroom suites each include their own private ¾ bath, main floor den with custom built-ins, finished walkout lower level offers a family room, bunkroom, full bath, custom sauna, and an attached garage!  A great location backing to National Lakeshore parklands and just minutes from miles of trails, beaches, sand dunes, and only 2 miles from dinner and shopping in charming Glen Arbor!

PLEASE CLICK HERE FOR ADDITIONAL INFORMATION ON THIS NEW LISTING!

4838 S W Bay Shore Drive, Suttons Bay - SOLD

SOLD SUTTONS BAY WATERFRONT HOME

LISTING SOLD by Oltersdorf Realty LLC on 3/10/2015
4838 S W Bay Shore Drive, Suttons Bay, MI - 113' on West Grand Traverse Bay
Asking Price: $175,000

This charming year round home enjoys water views and 113’ of private West Grand Traverse Bay water frontage across the road, a great room with vaulted ceilings and efficient wood stove, oak kitchen cabinetry, breakfast bar, 2 bedrooms, 1.5 baths, family room, wrap around deck, and attached garage. The home is situated on a very private parcel well off the roadway backing to woods. Only 15 minutes to Traverse City or 5 minutes to Suttons Bay!

S Cedar Road, 19.67 Acres, Cedar - SOLD

SOLD CEDAR VACANT ACREAGE

LISTING SOLD by Oltersdorf Realty LLC on 2/20/2015
S Cedar Road, Cedar, MI - 19.67 Acres
Asking Price: $59,500

Beautiful heavily wooded 19+ acre parcel with a meandering creek only 9 miles from Traverse City and 5 minutes from Cedar! The property has been surveyed and there is a drain field site approval on file. Build your dream home today! Note: Access easement to Joe Vlack Memorial Park cuts across the property. Directions: M-72 West to 651 (S Cedar Road) north. Property on left and is split by Vlack Park Road.

3945 S West Bayshore Drive, Suttons Bay - SOLD

SOLD SUTTONS BAY WATERFRONT HOME

LISTING SOLD by Oltersdorf Realty LLC on 2/13/2015
3945 S West Bayshore Drive, Suttons Bay, MI – 206’ on West Grand Traverse Bay
Asking Price: $745,000


Completely private 2.34 acre estate parcel offers an impressive setting for this Custom Stone and Cedar 4100 sq ft home accented by a 2 story cut stone fireplace, vaulted ceilings, expansive Bay Views, beautiful kitchen finished with cherry cabinetry, granite counter-tops and high end appliances, 4 bedrooms (2 master bedroom suites), office, cherry hardwood flooring, ceramic tiles baths, 3 car garage, and 206’ of sandy beach frontage on West GT Bay! Extensively updated and remodeled since 1998 and only 12 minutes north of Traverse City! Additional adjacent 2+ acre lot with 204' of private waterfront is also available. Home extensively renovated with second floor bedroom and bath addition in 1998! Updates from 1998-2013 include: fresh paint, shingles, cherry cabinetry, granite counter tops and high end appliances, vanities, new flooring, built-ins, updated baths, surround sound, mechanicals, some windows and patio doors, u/g sprinklers, landscaping, and more!

2014 Leelanau County Year End Home Sales

 

The 2014 year end (January 1 – December 31) home sales data have been posted in the charts above. The home sales statistics compare real estate housing sold in Leelanau County from January 1, 2014 through December 31, 2014 to the same time period in 2013, 2012, 2011, and 2010. This includes the townships of Bingham, Centerville, Cleveland, Elmwood, Empire, Glen Arbor, Kasson, Leelanau, Leland, Solon, Suttons Bay, and the City of Traverse City within the southeast corner of Leelanau County.

2014 Leelanau County Home Sales Volume has increased +0.74% over 2013's record setting figures and total units/houses sold are down -6.12% over last year's numbers, mostly due to record low housing inventory, especially in the lower price ranges <$200,000. The average sales price has increased +7.31% and median sales price has increased +10.00% over last year.

This report is based upon sales information obtained from the Traverse Area Multiple Listing Service from 2010-2014. Undisclosed sales are not included in the data. This is for basic review purposes only. All attempts for accuracy have been made but cannot be guaranteed.

Jonathan Oltersdorf, Oltersdorf Realty, LLC
Phone: 231-271-7777
E-mail: jonathan@oltersdorf.com

2014 Grand Traverse County Year End Home Sales

 

 

The 2014 year-end (January 1 – December 31) home sales data for Grand Traverse County has been posted in the charts above. The home sales statistics compare real estate housing sold in Grand Traverse County from January 1, 2014 through December 31, 2014 to the same time period in 2013, 2012, 2011, and 2010. This includes the townships of Acme, Blair, East Bay, Fife Lake, Garfield, Grant, Green Lake, Long Lake, Mayfield, Paradise, Peninsula, Union, Whitewater, and the City of Traverse City.

During 2014 Grand Traverse County Home Sales Volume  increased +9.75% over 2013's record setting figures. Average sales price is up +7.85% while Median Sales price is up +6.06%. Total number of units sold has increased +1.77%.

This report is based upon sales information obtained from the Traverse Area Multiple Listing Service from 2010-2014. Undisclosed sales are not included in the data. This is for basic review purposes only. All attempts for accuracy have been made but cannot be guaranteed.

Jonathan Oltersdorf, Oltersdorf Realty, LLC
Phone: 231-271-7777
E-mail: jonathan@oltersdorf.com

6321 N N Northstar Drive, Omena - SOLD

SOLD OMENA HOME

LISTED & SOLD by Oltersdorf Realty LLC on 1/30/2015
6321 N N Northstar Drive, Omena, MI
Asking Price: $122,000

Affordable Leelanau County home! This charming ~800+ sq ft home features 2 bedrooms, 2 baths, hardwood floors, vaulted ceilings, living and family rooms, 2 kitchens, and separate entrances with separate living spaces ideal for guests and/or shared family living, partially finished walk out lower level, and a large shed! Very private wooded parcel on quiet private drive just north of Omena! Sold As-Is. Hurry, this won't last long!

Lot 16 - Bay Valley Estates, Suttons Bay - SOLD

SOLD SUTTONS BAY WATER VIEW VACANT LOT

LISTED & SOLD by Oltersdorf Realty LLC on 1/30/2015
Lot 16 - Bay Valley Estates, Suttons Bay, MI - West Grand Traverse Bay Views and Access
Asking Price: $95,000

Expansive sunrise views of West Bay and the Lee Point Peninsula are enjoyed from this partially wooded 2.05 acre building site! This exceptional very private, low traffic cul-de-sac location within Bay Valley Estates enjoys water and beautiful country side views, paved private roads, underground utilities including natural gas and ~700 feet of shared West Bay water frontage! An ideal location for a primary or second home only 10 minutes north of Traverse City in beautiful Leelanau County!!

Lot 82 - Central Park Drive, Grawn - SOLD

SOLD GRAWN VACANT LOT

LISTED & SOLD by Oltersdorf Realty LLC on 1/30/2015
Lot 82 Central Park Drive, Grawn - Shared Water Access
Asking Price: $17,900

   

This 182.5' x 75' wooded building site is on a low traffic road within 2 blocks of a couple water access points on Duck Lake! Neighborhood amenities include several waterfront parks for swimming, boat launch, tennis court, basketball court, and more! Great value!

11255 E Fort Road C-1, Suttons Bay - SOLD

SOLD SUTTONS BAY CONDO

LISTING SOLD by Oltersdorf Realty LLC on 1/27/2015
11255 E Fort Road C-1, Suttons Bay, MI - York Condominiums
Asking Price: $99,500

Highly desirable & affordable York Condominium end unit! This 3 bedroom, 2 bath condominium offers an open living room, main floor bedroom, laminate floors throughout, natural gas heat, A/C, and a finished walkout lower level. Located between Suttons Bay & Traverse City this popular complex offers a shared pool, tennis courts, and walking trails close to public water access! Association fees covers lawn care, snow removal, garbage, shared septic & well.

121 Lincoln Street, Suttons Bay - SOLD

SOLD VILLAGE OF SUTTONS BAY HOME

SOLD by Oltersdorf Realty LLC on 1/26/2015
121 Lincoln Street, Suttons Bay, MI - Bank Forecosure
Asking Price: $97,900

Rare Village of Suttons Bay foreclosure! This bank owned 3 bedroom, 1 bath, 1100 sq ft fixer upper is located just blocks from the main street in the charming Village of Suttons Bay! The home needs quite a bit of work but could make a nice investment property!

2014 Leelanau County Building Permits

2014 LEELANAU COUNTY BUILDING PERMITS

The Leelanau County Building Department is reporting that 506 permits were issued in 2014 at an estimated value of $42,283,906.

Below you will find a chart totaling permits and estimated values of construction within Leelanau County from 2007-2014!

BUILDING VOLUME

 

 PERMITS ISSUED

 

Oltersdorf Realty, LLC
http://www.Oltersdorf.com
Phone: 231-271-7777
E-mail: realestate@oltersdorf.com

676 S Lake Leelanau Drive, Lake Leelanau - SOLD

SOLD LAKE LEELANAU WATERFRONT HOME

 SOLD by Oltersdorf Realty LLC on 1/20/2015
676 S Lake Leelanau Drive, Lake Leelanau, MI - 150' on South Lake Leelanau
Asking Price: $415,000

Charming Lake Leelanau Cottage! This 1950’s home offers 150 feet of private direct frontage on South Lake Leelanau with desirable sunset views, 3 bedrooms, 1 bath, and plenty of room for expansion! A 273 sq ft guest cottage offers extra room on this deep parcel located in central Leelanau County! Fantastic turn-key vacation rental property only minutes from Leland, Suttons Bay, & Omena and only a short drive to downtown Traverse City & Glen Arbor / Sleeping Bear Dunes!

*Photos provided by Leelanau Dream LLC

S Popp Road, 60 Acres, Lake Leelanau - NEW LISTING

SOLD LAKE LEELANAU ACREAGE

LISTING SOLD by Oltersdorf Realty LLC on 1/20/2015
S Popp Road & E Linguar Road, Lake Leelanau, MI - 60 Acres
Asking Price: $250,000

Fantastic value for this 60 acre agricultural parcel just 2 miles from downtown Lake Leelanau on the northeast corner of S Popp Road and E Lingaur Road! Surrounded by neighboring orchards the variety of topography offers it all: rolling, flat, pines, hardwoods, & open land! Beautiful location in the center of Leelanau County!

Record Eagle Article: 1/17/2015

Traverse City Record Eagle:
Real Estate Rebound Continues After Recession

The Traverse City Record Eagle had a short article in Saturday's (1/17/2015) edition briefly highlighting the end of the year statistics. Their reporter Carol Thompson called our office and spoke with Vicky Oltersdorf regarding the 2014 year-end and the future outlook for 2015. Here is the excerpt of the published portion of the interview.

Oltersdorf Realty broker Vicky Oltersdorf said real estate sales remained strong in November and December, a time when the market usually dips. Calm December weather may be the reason for the uptick.

“We have not had a slowdown,” Oltersdorf said. “December was extremely strong and I’m hoping it will be a very strong January.”

Oltersdorf works in Leelanau and Grand Traverse counties. She said homes in good condition in agricultural areas (vacant land acreage) are in high demand across both counties, but the Northport market saw significant growth.

“Northport really came a long way this year,” she said. “Northport is moving really nicely.”

You can read the full article here: http://www.record-eagle.com/news/business/real-estate-rebound-continues-after-recession/article_429da7b9-91ee-546b-95b3-fa8e0dc40d6c.html

Current Mortgage Rates - 1/15/2015

Current 30 Year Fixed - Home Mortgage Rates (Average)

The national average interest rate for a 30 year fixed mortgage has been slowly creeping down for the last 12 months to the current average rate of just under 3.75%. The graph above shows the 5 year history of average mortgage rates in the United States.

600 E Front Street, Unit #37, Traverse City - SOLD

SOLD DOWNTOWN TRAVERSE CITY WATER VIEW CONDO

SOLD by Oltersdorf Realty LLC on 1/8/2015
600 E Front Street, Unit #37, Traverse City - Downtown Water View Condominium
Asking Price: $850,000

Stunning Downtown Traverse City penthouse offers that convenient lifestyle you have been looking for! This rooftop condominium offers sweeping water views of West Grand Traverse Bay, one floor living, 2 bedrooms, 2 baths, 1888 sq ft, modern finishes, and rare attached garage situated just blocks from the beaches, restaurants, shopping, and entertainment of downtown Traverse City!