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$425000   Price Analysis
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5000 S Townhouse Dr Unit A3
Cedar, MI 49621
4 bed 4 bath 2390 SqFt ($177/SqFt)
Built 1972
Listed 2024-06-05, HOA $428, Taxes $3275
USDA Eligible
near Cedar, MI
 Restrictions may apply
due to home size

Impeccably kept

* Has Contingent Offer *

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 privcy and communal comfort. Step outside onto the big 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 current owner has made $70-$90K/year in rental income. Unit is being sold fully furnished.


Presented by Bj Brick at
RE/MAX BAYSHORE-LEELANAU.


Property MLS #1923171 from NGLRMLS

Bedrooms: 4
Bedroom 1 Dimensions: 11.2 x 17.0
Bedroom 2 Dimensions: 13.6 x 17.0
Bedroom 3 Dimensions: 11.6 x 17.0
Bedroom 4 Dimensions: 11.5 x 9.4
Bedroom 1 Level: Upper Floor
Bedroom 2 Level: Upper Floor
Bedroom 3 Level: Lower Floor
Bedroom 4 Level: Lower Floor

Total Bathrooms: 4
Full Bathrooms: 4
Bathrooms On Lower Level: 2
Bathrooms On Upper Level: 2
Primary Bathroom Description: Private

Foyer Entrance

Refrigerator
Oven/Range
Disposal
Dishwasher
Microwave
Washer
Dryer
Electric Water Heater
Laundry Features: Level: Lower Floor, Flooring: Other

Fireplace Features: Wood, Stove
Heating Fuel: Electric
Baseboard
Window Air Conditioner

Dining Room Dimensions: 9.2 x 13.8
Dining Room Level: Main Floor
Kitchen Dimensions: 7.1 x 9.4
Kitchen Level: Main Floor

Living Room Dimensions: 15.5 x 17.0
Living Room Level: Main Floor

Sprinkler System
In Ground Pool
Deck
Patio
Sidewalk
Countryside View
Ski Slope View
Tennis Court
Landscaped
Ski Slope Frontage
Roads: Private Owned, Blacktop, Privately Maintained

Water View

Level
Lot Description: Condo/None

Driveway: Blacktop

Association: Yes
Association Amenities: Tennis Court, Pool, Common Area
Association Fee: 428
Association Fee Frequency: Monthly
Association Fee Includes: Water, Trash Removal, Snow Removal, Exterior Maintenance, Fire Insurance
Calculated Total Monthly Association Fees: 428

School District: Leland Public School District

Leland Public School is a public elementary, middle and high school located approximately 8.3 miles away.
directions icon Map directions

Annual Tax Amount: 3275.72
Source Listing Status: Active U/C Taking Backups
County: Leelanau
Directions: North from Cedar on Good Harbor Trail, left at Bodus Rd, right on Townline Rd, left on Sugar Loaf Mtn Rd, take first left, Townhouse Dr, right into first parking lot, first building (closest to resort).
Source Property Type: Residential
List Development Name: Sugar Loaf Townhouses
Property Subtype: townhouse
Source Neighborhood: Sugar Loaf Townhouses
Township: Cleveland
Zoning: Residential, Building-Use
Property Subtype: Single Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$unknown + $unknown
$121600
$3275
2022$unknown + $unknown
$100600
$2015
2019$unknown + $unknown
$66200
$1741

Listed 2024-06-05
$425000
NGLRMLS
Sold 2021-04-05
$210000
Public Record
Sold 2018-06-27
$135000
NGLRMLS
Listed 2018-05-19
$145000
NGLRMLS

Access: Stairway (Indoor), Limited Steps

Total Square Feet Living: 2390
Year Built: 1972
Above Grade Finished Area: 1940
BelowGradeFinishedArea: 450
Below Grade Unfinished Area: 81
Building Exterior Type: Vinyl
Construction Materials: Frame
Foundation Details: Block, Slab
Property Age: 52
Roof: Asphalt
House Style: Contemporary, Townhouse, 2+ Story

Sewer: Development Septic
Television: Cable TV, Cable Internet
Water Source: Community Well
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.