For Sale
204 S Chandler Street, Leland, MI 49654
$3,000,000
MLS # 1945617 (Northern Great Lakes REALTORS® MLS)
3 beds1 bathBuilt 19030.99 acres
1 / 66
Listing Description
A rare opportunity in downtown Leland - one of the last buildable riverfront properties on the Leland River! 0.99 acres with 214 feet of private river frontage. The existing home and garage can be remodeled to restore its history and charm or removed to make way for your custom estate on this significant, estate-sized lot along one of Northern Michigan’s premier waterways. Boat directly to North Lake Leelanau and enjoy immediate access to all the shops, dining and summer life of Main Street, plus a short walk to the beach. The home has an existing well and municipal sewer. Continue the current use as residential lots or utilize the commercial zoning for your future business endeavors. This is a once in a lifetime opportunity to build your Leland dream estate or to develop it.
Source: SparkMLS
About this home
Located in Leland, this property offers 3-bedroom, 1-bath, with original construction dating to 1903.
Asking $3,000,000.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Lot Size0.99 acres
Year Built1903
Stories2
Location
CityLeland
Zip Code49654
CountyLeelanau
Construction & Systems
BasementOther
HeatingNatural Gas, Hot Water
WaterPrivate Water
SewerPublic
Sale & Financing
Listed5/22/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Jonathan Crane
Berkshire Hathaway Homeservices - TC
Frequently Asked Questions about 204 S Chandler Street, Leland, MI 49654
Can I use FHA or VA financing for this property?
Per MLS# 1945617, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
Is 204 S Chandler Street, Leland, MI 49654 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 204 S Chandler Street, Leland, MI 49654 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Sewer: Public. Water: Private Water. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the local police department or county sheriff's office.
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Monthly payment$19,458
Principal & interest$19,458
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
204 S Chandler Street, Leland, MI 49654
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