5000 S Townhouse Dr # A3, Cedar, MI 49621

$425,000 Asking Price

4 beds
4 baths
2,390  sqft
Built in 1972

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 current owner has made $70-$90K/year in rental income. Unit is being sold fully furnished.

Features & Amenities

Interior

General:
Foyer Entrance,Other
Appliances:
Refrigerator,Oven/Range,Disposal,Dishwasher,Microwave,Washer,Dryer,Electric Water Heater
Basement:
Block,Slab
A/C:
Baseboard,Window Air Conditioner
Heating:
Baseboard,Window Air Conditioner, Electric
Fireplace:
Wood,Stove

Exterior

General:
Vinyl, Sprinkler System,In Ground Pool,Deck,Patio,Sidewalk,Countryside View,Ski Slope View,Tennis Court,Landscaped,Ski Slope Frontage
Style:
Contemporary,Townhouse,2+ Story
Other Structures:
None

Construction

Roofing:
Asphalt
General:
Frame, Contemporary,Townhouse,2+ Story, Block,Slab

Location

Road/Access:
Private Owned,Blacktop,Privately Maintained
HOA Amenities:
Water,Trash Removal,Snow Removal,Exterior Maintenance,Fire Insurance, 428.24
School District:
Leland Public School District
County:
Leelanau

Lot

Driveway:
Blacktop
Zoning:
Residential,Building-Use Restrictions, LOT 3 SUGAR LOAF TOWNHOUSES SUBD NO 1 SEC 13 T29N R13W 0.04 A M/L

Utilities

Water:
Community Well
Sewer:
Development Septic

This listing courtesy of:
REMAX Bayshore - W Bay Shore Dr TC, BJ Brick

About Cedar, MI

Housing

Number of Units
2,170
Median Home Value
$254,935
Median Rent
$757

7.79% of housing units are renter occupied.

27.48% are vacant.

Commute

Car
77.44%
Public Transportation
0.23%
Walk to Work
0.78%
Work from Home
20.01%
Other
0.68%

The median travel time to work is 22 minutes.

People

Population
3,645
Median Age
47.40
Median Household Size
2.55

Education

High School
22.20%
Associate’s Degree
10.47%
Bachelor’s Degree
28.84%
Graduate Degree
16.05%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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