LISTING SOLD by Oltersdorf Realty LLC on 5/16/2019
2101 N Our Majestic Trail, Suttons Bay, MI – 1.00 Acre Level & Wooded Building Site
Asking Price: $39,900
Affordable 1.00 acre level & wooded building site located just 3 miles to the Village of Suttons Bay! This 150’ x 300’ parcel features beautiful hardwoods, a peaceful quiet setting, a paved privately maintained shared road, underground electric, cable/internet access, and perc test on file.
LISTING SOLD by Oltersdorf Realty LLC on 5/3/2019
Parcel E – Beautiful Shores, Traverse City, MI –155’ of Sandy Frontage on West Grand Traverse Bay
Asking Price: $750,000
This unique 1.16 acre wooded parcel with an exceptional deep sandy beach and 155’ of private direct frontage on West Grand Traverse Bay with western facing sunset views is located in a premier location to build your dream home on Old Mission Peninsula! The property offers a paved private road, underground utilities, sandy walking beach, and unparalleled privacy backing to a large parcel placed in private conservancy. The property corners have been marked and the soil evaluation has been completed. Conservation easement, restrictions, road maintenance agreements, and land division pre-approval are in place.
LISTING SOLD by Oltersdorf Realty LLC on 4/30/2019
10108 S West Bay Shore Drive, Traverse City, MI – Ranch Home & 106’ on West Grand Traverse Bay
Asking Price: $359,500
Conveniently located just 4 miles north of Traverse City this 3 bedroom, 3 bath, 2,001 sq ft ranch home features desirable one floor living, a large open family room addition with a fireplace, freshly painted cedar siding, newer roof, deep 24x30 garage, natural gas generator, well & sewer, and 106’ of private sandy bottom West Grand Traverse Bay water frontage!
SOLD by Oltersdorf Realty LLC on 4/9/2019
4388 N Manitou Trail, Leland, MI – Cottage & 200’ on North Lake Leelanau
Asking Price: $895,000
Rare opportunity to purchase 200’ on North Lake Leelanau just minutes from downtown Leland! This large 1.01 acre lot features 2 waterfront building sites and another building site across the road perfect for a large family compound.
LISTING SOLD by Oltersdorf Realty LLC on 4/12/2019
S West Bayshore Drive, Traverse City, MI – 4.14 Acres, Water Views, Bay Access
Asking Price: $225,000
This 4+ acre wooded ridge top building site offers elevated sweeping panoramic water views of West Grand Traverse Bay with rarely available privacy just 4 miles north of Traverse City! The unique offering features 2 parcels of record with complete view control, 2 potential water view home locations, no restrictions, and easy easement access to Grand Traverse Bay including the right to maintain a dock and boat! A paved driveway has been installed, property corners are well marked, sewer/natural gas/cable are all available at the road and the property is ready for construction of your Leelanau County dream home! Please contact your real estate agent to schedule an appointment for you prior to walking the property.
LISTING SOLD by Oltersdorf Realty LLC on 3/27/2019
725 N Apple Tree Drive #3, Suttons Bay, MI – Village of Suttons Bay Condominium
Asking Price: $289,000
Located within the year-round Village of Suttons Bay this 2186 sq ft ranch condominium enjoys open living and dining room areas with vaulted ceilings and a brick fireplace, newer kitchen cabinetry, 3 bedrooms, 2.5 baths, desirable main floor master bedroom suite and laundry, a walkout lower level featuring a family room with a fireplace, 2 bedrooms, full bath, sauna, and storage space! Additional features include an attached 2 car garage, covered porch, large rear deck, forced air natural gas heat, and air conditioning! Shared community amenities include maintenance free living, 1200’ of sandy beach frontage, pool & hot tub, tennis courts, and optional marina use!
The United States Army Corps of Engineers collects and publishes current / past Lake Michigan water level data which is very important to many property owners in Leelanau County & Grand Traverse County who own real estate on Lake Michigan or Grand Traverse Bay. Their last reading took place on March 1, 2019.
March 1, 2019 580.15 feet
Difference from March 1, 2018: +2 inches
Difference from long term average: +21 inches
Difference from highest monthly average (1986): -11 inches
Difference from lowest monthly average (1964): +49 inches
Projected change in levels by April 1, 2019: +2 inches
Click here to open/download the full report for the current month:
http://lre-wm.usace.army.mil/reports/GreatLakes/GLWL-CurrentMonth-Feet.pdf
For more information on current & past historic records regarding the Great Lakes Water Levels please visit: http://www.lre.usace.army.mil/Missions/Great-Lakes-Information/Great-Lakes-Water-Levels/Water-Level-Forecast/Weekly-Great-Lakes-Water-Levels/
SOLD by Oltersdorf Realty LLC on 3/1/2019
6462 Mission Ridge, Traverse City, MI - Port of Old Mission Condominium
Asking Price: $315,000
Fantastic location on the base of Old Mission Peninsula just outside of the city limits in Peninsula Township! This Port of Old Mission condominium features 2,600+ finished sq ft, main floor living, open concept layout, walkout lower level, attached garage, and an extremely deep extra detached garage! *Photos provided by Real Estate One.
LISTING SOLD by Oltersdorf Realty LLC on 2/22/2019
1453 S Bay View Trail, Suttons Bay, MI – Home with Bay Views & 182’ of Shared Water Access
Asking Price: $565,000
Breathtaking elevated 180 degree water views of Grand Traverse Bay, West Bay, and Old Mission Peninsula are enjoyed from throughout this custom designed cedar sided home featuring: a large living room with 2 story ceilings and a fireplace; newer custom kitchen with maple cabinetry, granite counter tops, stainless steel appliances; hardwood and ceramic tiled flooring; master bedroom suite with two walk-in closets; den/exercise room; 2nd and 3rd bedroom wing with a second kitchenette and private bath; 2.5 car attached garage; large 1.06 acre partially fenced yard offering brick paver walk ways, waterside deck, garden shed; and 182’ of shared West Bay water frontage! An ideal tranquil cul-de-sac location at the end of a paved county maintained roadway within minutes of Suttons Bay & Traverse City!
SOLD by Oltersdorf Realty LLC on 2/5/2019
9766 E Valley Hills Drive, Traverse City, MI - 4 Bedroom, 3.5 Bath Home
Asking Price: $289,900
Plenty of space is found with this 3,072 sq ft home featuring 4 bedrooms, 3.5 baths, huge main floor in-law suite apartment, unfinished basement, and situated on a large 0.54 acre parcel! Wonderful location in a quiet neighborhood with county maintained roads, natural gas, and a community park! *Photos provided by Northern Great Lakes Realtors MLS.
The 2018 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, 2018 through December 31, 2018 to the same time period in 2017, 2016, 2015, 2014, 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.
This report is based upon sales information obtained from the Northern Michigan Realtors MLS from 2004-2018. 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
Leelanau County Private Waterfront Home Sales data 2004-2018 for houses with private water frontage on Lake Michigan, West Bay, West Grand Traverse Bay, Grand Traverse Bay, Suttons Bay, Omena Bay, Northport Bay, Big Glen Lake, Little Glen Lake, Glen Lake, North Lake Leelanau, South Lake Leelanau, Lake Leelanau, Little Traverse Lake, and Lime Lake. This includes Traverse City, Suttons Bay, Omena, Northport, Leland, Lake Leelanau, Cedar, Maple City, Glen Arbor, and Empire. The data includes homes with private direct water frontage and "across the road" private waterfront. This excludes homes with shared access, creek frontage, river frontage, and pond frontage.
This report is based upon sales information obtained from the Northern Michigan Realtors MLS from 2004-2018. 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
25.28% of all 2018 Leelanau County home sales sold between $200,000-$300,000. Elmwood Township & Glen Arbor Township combined for 37% of the total volume sold in Leelanau County. 40% of the total sales were either private waterfront homes or condominiums. 34% of Leelanau County home buyers bought with all cash (compared to 23% in Grand Traverse County). Home inventory stayed relatively flat compared to 2017.
The 2018 year end (January 1 – December 31) vacant land sales data have been posted in the charts above. The vacant land sales statistics compare real estate vacant parcels sold in Leelanau County from January 1, 2004 through December 31, 2018. 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.
This report is based upon sales information obtained from the Northern Great Lakes Realtors MLS. 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
The 2018 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, 2018 through December 31, 2018 to the same time period in 2017, 2016, 2015, 2014, 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.
Overall Grand Traverse County residential home sales appeared to have flattened throughout 2018 compared to the record setting 2017 year. 2018 Grand Traverse County Home Sales Units Sold declined -0.55%, Volume Sold increased +0.63%, Average Sales Price increased +1.19%, and Median Sales Price decreased -0.24%.
This report is based upon sales information obtained from the Northern Michigan Realtors MLS from 2004-2018. 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
In 2017 we saw the largest total amount of Leelanau County building permits issued since 2007 with 739 building permits issued throughout all of Leelanau County. This year the number decreased slightly to 713 total permits issued throughout 2018. The total dollar value of permits issued increased slightly from $64.187 Million in 2017 to $65.95 Million in 2018.
The average 30 year fixed mortgage rate increased slightly in 2018 up to an annual average of 4.54%. Above you will find the historical monthly average rate dating back to 2006. December 2018 ended with a monthly average of 4.64%.
Monthly data dating back to 1971 can be found here: http://www.freddiemac.com/pmms/pmms30.html
LISTED & SOLD by Oltersdorf Realty LLC on 1/10/2019
1355 S Nanagosa Trail Suttons Bay, MI – Home & 100’ on West Bay
Asking Price: $695,000
Panoramic sunrise views over Old Mission Peninsula and West Grand Traverse Bay are enjoyed throughout this cedar sided homes open floor plan featuring attractive redwood 11.5' cathedral ceilings, large windows and glass door walls enjoying Bay views, central brick fireplace, open kitchen finished with wood cabinetry, solid surface countertops and stainless steel appliances, 3 bedrooms, a den/sleeping loft, 2 full baths, 2811 sq ft of finished living area, separate living and family rooms, waterside deck, and a 2 car garage! Situated on a large 0.86 acre and 400’+ deep wooded lot offering 100’ of private sandy shoreline West Bay frontage and a partially fenced yard in a fantastic location on a quiet low traffic county maintained road within minutes of Suttons Bay and a short drive to Traverse City!
LISTING SOLD by Oltersdorf Realty LLC on 12/21/2018
8127 S Shoreside Drive, Traverse City, MI – Newly Constructed Ranch Home with Water Views
Asking Price: $549,000
Stunning newly constructed Modern Farmhouse ranch home featuring main floor living, elevated West Bay views, and 230’ of shared sandy water frontage! Situated on a large 1.06 acre parcel this quality home built in 2016 features 2,600+ finished sq ft, 3 bedrooms, 3 baths, an open great room with delightful water views throughout, vaulted ceilings, gas fireplace, solid oak floors, maple cabinetry, main floor master bedroom suite and laundry, office/den bonus room, and a partially finished basement with a kitchenette and plenty of storage! Carefully constructed with attention to detail with tilt-wash Andersen Windows, high efficiency natural gas furnace with a humidifier & central air, sprinkler system, professional landscaping, and a 4 car tandem garage with a premium modern door. Wonderful location just 6 miles from Traverse City!
LISTING SOLD by Oltersdorf Realty LLC on 12/20/2018
12251 E Old Orchard Trail, Suttons Bay, MI – 4 Bedrooms, 3.5 Baths, 182’ of Shared Water Frontage
Asking Price: $530,000
This custom built home offers elevated Bay views and 182’ of shared West Bay water frontage! Quality home features include 3,400+ sq ft of finished living area; a bright and airy great room with a gas fireplace, cathedral ceilings, and maple hardwood flooring; open kitchen with cherry cabinetry, quartz countertops & stainless appliances; 4 bedrooms with walk-in closets; 3.5 baths; spacious main floor master bedroom suite with a soaking tub and 5’ tiled shower; main floor den and laundry room; a finished walkout lower level with large family room and wet bar finished with quartz countertops! Additional extras include Andersen windows and door walls, solid 2 panel doors throughout, 5 zone natural gas heat, central vacuum, A/C, finished 3 car attached garage, flagstone sidewalks & patio, and underground sprinkler system!
