For Sale
533 S Lake Shore Drive, Lake Leelanau, MI 49653
$1,150,000
MLS # 1943896 (Northern Great Lakes REALTORS® MLS)
3 beds2 bathsBuilt 20051.44 acres
1 / 40
Listing Description
Enjoy the best of Leelanau County living with this inviting ranch home set on 127 feet of private frontage on South Lake Leelanau. Perfectly located just a mile from the charming village of Lake Leelanau, this property offers both peaceful waterfront living and easy access to local dining, shops, and amenities. Inside, the home features a comfortable and functional layout highlighted by a primary suite, ideal for relaxing after a day on the water. Large windows bring in natural light and showcase beautiful lake views, while the open living areas create a welcoming space for gathering with family and friends. Step outside onto the deck to take in the serene waterfront setting, perfect for morning coffee with sunrise views. Additional space is found in the bonus room above the garage, offering flexibility for a home office or recreational area. Whether you're looking for a year-round residence or a seasonal getaway, this property combines classic ranch-style comfort with the beauty and lifestyle of waterfront living.
Source: SparkMLS
About this home
This 3-bedroom, 2-bath home built in 2005 sits in Lake Leelanau.
Currently offered at $1,150,000.
Electric service is provided by Cherryland Electric Cooperative; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Lot Size1.44 acres
Year Built2005
Stories1
Location
CityLake Leelanau
Zip Code49653
CountyLeelanau
Construction & Systems
BasementCrawl Space
HeatingNatural Gas, Forced Air
WaterPrivate Water
Sale & Financing
Listed4/16/2026
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 Tim Schaub
Schaub Team Premier Realty
Frequently Asked Questions about 533 S Lake Shore Drive, Lake Leelanau, MI 49653
What financing options are available for 533 S Lake Shore Drive, Lake Leelanau, MI 49653?
Per MLS# 1943896, 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 533 S Lake Shore Drive, Lake Leelanau, MI 49653 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, 533 S Lake Shore Drive, Lake Leelanau, MI 49653 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: Cherryland Electric Cooperative. Gas: DTE Gas Company. 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$7,459
Principal & interest$7,459
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Cherryland Electric Cooperative
Co-op
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
533 S Lake Shore Drive, Lake Leelanau, MI 49653
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