Under Contract
5000 Townhouse Drive, Cedar, MI 49621
$469,000
MLS # 1945472 (Northern Great Lakes REALTORS® MLS)
4 beds4 bathsBuilt 1972
1 / 37
Listing Description
Impeccably kept, this charming 4 bed/4 bath Sugar Loaf townhouse located in the heart of Leelanau County offers the epitome of comfortable living, and allows for short term rentals! Boasting four bedrooms, each adorned with its own luxurious en-suite bath, alongside a cozy living and dining area featuring a freestanding wood stove, this residence ensures both privacy and communal comfort. Step outside onto the spacious patio or deck, where panoramic views of Sugar Loaf Mountain and a tantalizing glimpse of Lake Michigan create a serene backdrop for relaxation and entertainment. Enjoy access to a host of amenities, including a community pool, tennis courts, and expansive green spaces, all meticulously maintained by a well-organized association. Situated within close proximity to two golf courses, this property presents an exceptional opportunity for your own Leelanau County retreat or savvy investment, combining an enviable location with an enticing price point. Experience the allure of Northern Michigan living at its finest! *Used as a short term rental, the previous owner has made $70-$90K/year in rental income. Unit is being sold fully furnished.
Source: SparkMLS
About this home
This 4-bedroom, 4-bath home built in 1972 sits in Cedar.
Currently offered at $469,000.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms4
Year Built1972
Stories2
Location
CityCedar
Zip Code49621
CountyLeelanau
Construction & Systems
HeatingBaseboard
WaterWell
Sale & Financing
Listed5/20/2026
Terms AcceptedCash, Conventional
HOA
HOA Fee$5,139
IncludesSnow Removal, Trash, Other
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 BJ Brick
REMAX Bayshore - West Shore Dr TC
Frequently Asked Questions about 5000 Townhouse Drive, Cedar, MI 49621
What financing options are available for 5000 Townhouse Drive, Cedar, MI 49621?
Per MLS# 1945472, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 5000 Townhouse Drive, Cedar, MI 49621 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 5000 Townhouse Drive, Cedar, MI 49621 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What utilities serve 5000 Townhouse Drive, Cedar, MI 49621?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Water: Well. Confirm service details directly with providers.
What is the crime rate in 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$8,181
Principal & interest$3,042
HOA$5,139
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
5000 Townhouse Drive, Cedar, MI 49621
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