Real Estate Investment Properties for Sale in Suttons Bay, MI

Looking for investment property in Suttons Bay, MI with high ROI ?

Explore a variety of short-term homes & houses in Suttons Bay, MI. Invest wisely with VRBO & Suttons Bay, MI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Suttons Bay, MI

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2567 N Evergreen Valley Drive Suttons Bay, MI Set on 5.19 private acres in the heart of Leelanau County, this beautifully maintained 3-b...	3 beds \| 3 baths \| 3,699 sq.ft.	$925,000	Airbnb cash on cash: -0.89% Traditional cash on cash: 0.24% Airbnb Rental Income: $2103 Traditional Rental Income: $2532 Airbnb ROI: -0.89% Traditional ROI: 0.24%
2054 N JACOBSON RD Suttons Bay, MI Invest with success and buy through Auction.com. This bank-owned investment property is a ...	N/A beds \| N/A baths \| N/A	$519,000	Airbnb cash on cash: 1.62% Traditional cash on cash: 0.16% Airbnb Rental Income: $2103 Traditional Rental Income: $855 Airbnb ROI: 1.62% Traditional ROI: 0.16%
236 N Front St Suttons Bay, MI Experience downtown & waterfront living in Suttons Bay premium Barkentine Condo overlookin...	2 beds \| 2 baths \| 1,032 sq.ft.	$585,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 0.1% Airbnb Rental Income: $1673 Traditional Rental Income: $1363 Airbnb ROI: -0.18% Traditional ROI: 0.1%
10343 E Hilltop Road Suttons Bay, MI Build your legacy in Leelanau County with this once-in-a-lifetime opportunity. Ciccone Vin...	4 beds \| 5 baths \| 3,520 sq.ft.	$3,200,000	Airbnb cash on cash: -1.74% Traditional cash on cash: -1.01% Airbnb Rental Income: $3174 Traditional Rental Income: $4629 Airbnb ROI: -1.74% Traditional ROI: -1.01%
752 N Waypoint Circle Suttons Bay, MI Welcome home to Harbor Heights! This brand new luxury development in the heart of pictures...	3 beds \| 3 baths \| 2,493 sq.ft.	$650,000	Airbnb cash on cash: 1.41% Traditional cash on cash: 4.91% Airbnb Rental Income: $2103 Traditional Rental Income: $3689 Airbnb ROI: 1.41% Traditional ROI: 4.91%
762 N Waypoint Circle Suttons Bay, MI Customize your own white box home by selecting your finishes in this exceptional condomini...	3 beds \| 3 baths \| 2,493 sq.ft.	$799,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 3.15% Airbnb Rental Income: $2103 Traditional Rental Income: $3700 Airbnb ROI: 0.28% Traditional ROI: 3.15%
4360 Independence Drive Suttons Bay, MI Discover your own slice of Up North living just minutes from Suttons Bay. Built in 2018, t...	3 beds \| 3 baths \| 2,440 sq.ft.	$699,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 2.96% Airbnb Rental Income: $2103 Traditional Rental Income: $3021 Airbnb ROI: 0.73% Traditional ROI: 2.96%
755 N Deer Path Trail Suttons Bay, MI Enjoy easy Suttons Bay living in this beautifully updated 2-bedroom, 2-bath condominium of...	2 beds \| 2 baths \| 1,440 sq.ft.	$675,000	Airbnb cash on cash: -0.92% Traditional cash on cash: 1.07% Airbnb Rental Income: $1673 Traditional Rental Income: $2458 Airbnb ROI: -0.92% Traditional ROI: 1.07%
9224 E Duck Lake Road #Parcel A Suttons Bay, MI Incredible 29-Acre Opportunity on the Edge of Suttons Bay awaits. Discover one of the most...	4 beds \| 1 baths \| 1,783 sq.ft.	$1,100,000	Airbnb cash on cash: 0.6% Traditional cash on cash: -0.09% Airbnb Rental Income: $3174 Traditional Rental Income: $1747 Airbnb ROI: 0.6% Traditional ROI: -0.09%
S Lee Point Rd Suttons Bay, MI S Lee Point Rd, Suttons Bay, MI 49682 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$850,000	Airbnb cash on cash: -1.23% Traditional cash on cash: -1.62% Airbnb Rental Income: $1578 Traditional Rental Income: $811 Airbnb ROI: -1.23% Traditional ROI: -1.62%
S Center Hwy Suttons Bay, MI S Center Hwy, Suttons Bay, MI 49682 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$200,000	Airbnb cash on cash: 2.92% Traditional cash on cash: 1.26% Airbnb Rental Income: $1578 Traditional Rental Income: $811 Airbnb ROI: 2.92% Traditional ROI: 1.26%
12251 E Spinnaker Ln Suttons Bay, MI 12251 E Spinnaker Ln, Suttons Bay, MI 49682 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$87,000	Airbnb cash on cash: 9.38% Traditional cash on cash: 5.68% Airbnb Rental Income: $1578 Traditional Rental Income: $811 Airbnb ROI: 9.38% Traditional ROI: 5.68%
0 S Donnybrook Rd Lot : 4 Suttons Bay, MI 0 S Donnybrook Rd Lot : 4, Suttons Bay, MI 49682 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$98,900	Airbnb cash on cash: 8.24% Traditional cash on cash: 2.12% Airbnb Rental Income: $1578 Traditional Rental Income: $537 Airbnb ROI: 8.24% Traditional ROI: 2.12%
9224 E Duck Lake Rd Suttons Bay, MI 9224 E Duck Lake Rd, Suttons Bay, MI 49682 \| Single Family Residential	4 beds \| 1 baths \| 1,783 sq.ft.	$1,100,000	Airbnb cash on cash: -0.22% Traditional cash on cash: -1.33% Airbnb Rental Income: $3174 Traditional Rental Income: $1318 Airbnb ROI: -0.22% Traditional ROI: -1.33%
5046 S West Bay Shore Dr Suttons Bay, MI 5046 S West Bay Shore Dr, Suttons Bay, MI 49682 \| Other	N/A beds \| N/A baths \| N/A	$199,000	Airbnb cash on cash: 2.96% Traditional cash on cash: -0.16% Airbnb Rental Income: $1578 Traditional Rental Income: $537 Airbnb ROI: 2.96% Traditional ROI: -0.16%
Parcel C E Duck Lake Rd Suttons Bay, MI Parcel C E Duck Lake Rd, Suttons Bay, MI 49682 \| Other	N/A beds \| N/A baths \| N/A	$2,950,000	Airbnb cash on cash: -2.16% Traditional cash on cash: -2.37% Airbnb Rental Income: $1578 Traditional Rental Income: $537 Airbnb ROI: -2.16% Traditional ROI: -2.37%
5380 S West Bay Shr Suttons Bay, MI 5380 S West Bay Shr, Suttons Bay, MI 49682 \| Other	N/A beds \| N/A baths \| N/A	$350,000	Airbnb cash on cash: 0.62% Traditional cash on cash: -1.17% Airbnb Rental Income: $1578 Traditional Rental Income: $537 Airbnb ROI: 0.62% Traditional ROI: -1.17%
Parcel B E Duck Lake Rd Suttons Bay, MI Parcel B E Duck Lake Rd, Suttons Bay, MI 49682 \| Other	N/A beds \| N/A baths \| N/A	$1,600,000	Airbnb cash on cash: -1.84% Traditional cash on cash: -2.23% Airbnb Rental Income: $1578 Traditional Rental Income: $537 Airbnb ROI: -1.84% Traditional ROI: -2.23%
5368 S West Bay Shr Suttons Bay, MI 5368 S West Bay Shr, Suttons Bay, MI 49682 \| Other	N/A beds \| N/A baths \| N/A	$400,000	Airbnb cash on cash: 0.23% Traditional cash on cash: -1.34% Airbnb Rental Income: $1578 Traditional Rental Income: $537 Airbnb ROI: 0.23% Traditional ROI: -1.34%
00 Lovers Ln Suttons Bay, MI 00 Lovers Ln, Suttons Bay, MI 49682 \| Other	N/A beds \| N/A baths \| N/A	$4,800,000	Airbnb cash on cash: -2.3% Traditional cash on cash: -2.43% Airbnb Rental Income: $1578 Traditional Rental Income: $537 Airbnb ROI: -2.3% Traditional ROI: -2.43%
0000 E Lovers Ln Suttons Bay, MI 0000 E Lovers Ln, Suttons Bay, MI 49682 \| Other	N/A beds \| N/A baths \| N/A	$750,000	Airbnb cash on cash: -1.05% Traditional cash on cash: -1.9% Airbnb Rental Income: $1578 Traditional Rental Income: $537 Airbnb ROI: -1.05% Traditional ROI: -1.9%
00 Setterbo Rd Suttons Bay, MI 00 Setterbo Rd, Suttons Bay, MI 49653 \| Other	N/A beds \| N/A baths \| N/A	$396,000	Airbnb cash on cash: 0.26% Traditional cash on cash: -1.33% Airbnb Rental Income: $1578 Traditional Rental Income: $537 Airbnb ROI: 0.26% Traditional ROI: -1.33%
0 S Donnybrook Rd Suttons Bay, MI 0 S Donnybrook Rd, Suttons Bay, MI 49682 \| Other	N/A beds \| N/A baths \| N/A	$98,900	Airbnb cash on cash: 8.24% Traditional cash on cash: 2.12% Airbnb Rental Income: $1578 Traditional Rental Income: $537 Airbnb ROI: 8.24% Traditional ROI: 2.12%
12251 E Spinnaker Ln Lot : 10 Suttons Bay, MI 12251 E Spinnaker Ln Lot : 10, Suttons Bay, MI 49682 \| Other	N/A beds \| N/A baths \| N/A	$87,000	Airbnb cash on cash: 9.38% Traditional cash on cash: 2.47% Airbnb Rental Income: $1578 Traditional Rental Income: $537 Airbnb ROI: 9.38% Traditional ROI: 2.47%
766 N Waypoint Circle Suttons Bay, MI Experience upscale condominium living in the heart of Suttons Bay. Part of a 32-unit condo...	3 beds \| 2 baths \| 2,493 sq.ft.	$1,195,000	Airbnb cash on cash: -1.66% Traditional cash on cash: -0.1% Airbnb Rental Income: $2103 Traditional Rental Income: $3305 Airbnb ROI: -1.66% Traditional ROI: -0.1%
1474 S Montmorency Lane Suttons Bay, MI Exceptionally crafted 5 bd 4 bath home just south of Suttons Bay on the beautiful peninsul...	5 beds \| 4 baths \| 4,166 sq.ft.	$750,000	Airbnb cash on cash: 2.69% Traditional cash on cash: 1.99% Airbnb Rental Income: $4730 Traditional Rental Income: $3265 Airbnb ROI: 2.69% Traditional ROI: 1.99%
2171 N Belanger Creek Dr Lot : 7 Suttons Bay, MI 2171 N Belanger Creek Dr Lot : 7, Suttons Bay, MI 49682 \| Other	N/A beds \| N/A baths \| N/A	$198,500	Airbnb cash on cash: 2.23% Traditional cash on cash: -0.75% Airbnb Rental Income: $1578 Traditional Rental Income: $565 Airbnb ROI: 2.23% Traditional ROI: -0.75%
2155 N Belanger Creek Dr Lot : 6 Suttons Bay, MI 2155 N Belanger Creek Dr Lot : 6, Suttons Bay, MI 49682 \| Other	N/A beds \| N/A baths \| N/A	$89,400	Airbnb cash on cash: 7.73% Traditional cash on cash: 1.31% Airbnb Rental Income: $1578 Traditional Rental Income: $565 Airbnb ROI: 7.73% Traditional ROI: 1.31%
1881 N Blue Water Ct Lot : 12 Suttons Bay, MI 1881 N Blue Water Ct Lot : 12, Suttons Bay, MI 49682 \| Other	N/A beds \| N/A baths \| N/A	$210,000	Airbnb cash on cash: 2.21% Traditional cash on cash: -0.61% Airbnb Rental Income: $1578 Traditional Rental Income: $565 Airbnb ROI: 2.21% Traditional ROI: -0.61%
1881 N Blue Water Ct Suttons Bay, MI 1881 N Blue Water Ct, Suttons Bay, MI 49682 \| Other	N/A beds \| N/A baths \| N/A	$210,000	Airbnb cash on cash: 2.21% Traditional cash on cash: -0.61% Airbnb Rental Income: $1578 Traditional Rental Income: $565 Airbnb ROI: 2.21% Traditional ROI: -0.61%
2164 N Belanger Creek Dr Suttons Bay, MI 2164 N Belanger Creek Dr, Suttons Bay, MI 49682 \| Other	N/A beds \| N/A baths \| N/A	$139,500	Airbnb cash on cash: 4.18% Traditional cash on cash: -0.02% Airbnb Rental Income: $1578 Traditional Rental Income: $565 Airbnb ROI: 4.18% Traditional ROI: -0.02%
2171 N Belanger Creek Dr Suttons Bay, MI 2171 N Belanger Creek Dr, Suttons Bay, MI 49682 \| Other	N/A beds \| N/A baths \| N/A	$198,500	Airbnb cash on cash: 2.23% Traditional cash on cash: -0.75% Airbnb Rental Income: $1578 Traditional Rental Income: $565 Airbnb ROI: 2.23% Traditional ROI: -0.75%
2155 N Belanger Creek Dr Suttons Bay, MI 2155 N Belanger Creek Dr, Suttons Bay, MI 49682 \| Other	N/A beds \| N/A baths \| N/A	$89,400	Airbnb cash on cash: 7.73% Traditional cash on cash: 1.31% Airbnb Rental Income: $1578 Traditional Rental Income: $565 Airbnb ROI: 7.73% Traditional ROI: 1.31%
2164 N Belanger Creek Dr Lot : 8 Suttons Bay, MI 2164 N Belanger Creek Dr Lot : 8, Suttons Bay, MI 49682 \| Other	N/A beds \| N/A baths \| N/A	$139,500	Airbnb cash on cash: 4.18% Traditional cash on cash: -0.02% Airbnb Rental Income: $1578 Traditional Rental Income: $565 Airbnb ROI: 4.18% Traditional ROI: -0.02%
236 N Front Street #1 Suttons Bay, MI Perfectly situated in the heart of downtown Suttons Bay, this Barkentine condominium offer...	2 beds \| 2 baths \| 1,032 sq.ft.	$585,000	Airbnb cash on cash: -0.74% Traditional cash on cash: -0.62% Airbnb Rental Income: $1673 Traditional Rental Income: $1270 Airbnb ROI: -0.74% Traditional ROI: -0.62%
1912 N Blue Water Ct Suttons Bay, MI 1912 N Blue Water Ct, Suttons Bay, MI 49682 \| Other	N/A beds \| N/A baths \| N/A	$78,995	Airbnb cash on cash: 9.62% Traditional cash on cash: 2.4% Airbnb Rental Income: $1578 Traditional Rental Income: $565 Airbnb ROI: 9.62% Traditional ROI: 2.4%
1912 N Blue Water Ct Lot : 23 Suttons Bay, MI 1912 N Blue Water Ct Lot : 23, Suttons Bay, MI 49682 \| Other	N/A beds \| N/A baths \| N/A	$78,995	Airbnb cash on cash: 9.62% Traditional cash on cash: 2.4% Airbnb Rental Income: $1578 Traditional Rental Income: $565 Airbnb ROI: 9.62% Traditional ROI: 2.4%
9871 E Woodcrest Court #20 & 21 Suttons Bay, MI Perfectly located between Traverse City and Suttons Bay, this home is tucked into 2 heavil...	4 beds \| 3 baths \| 3,202 sq.ft.	$785,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 0.45% Airbnb Rental Income: $3174 Traditional Rental Income: $2428 Airbnb ROI: 0.49% Traditional ROI: 0.45%
9871 E Woodcrest Ct Suttons Bay, MI 9871 E Woodcrest Ct, Suttons Bay, MI 49682 \| Single Family Residential	4 beds \| 3 baths \| 3,202 sq.ft.	$785,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 0.56% Airbnb Rental Income: $3174 Traditional Rental Income: $2509 Airbnb ROI: 0.49% Traditional ROI: 0.56%
10 S STONY POINT ROAD Suttons Bay, MI Staggeringly beautiful location, tucked in the woods with the house set right by the bay! ...	3 beds \| 2 baths \| 2,297 sq.ft.	$1,500,000	Airbnb cash on cash: -1.48% Traditional cash on cash: -0.84% Airbnb Rental Income: $2103 Traditional Rental Income: $2448 Airbnb ROI: -1.48% Traditional ROI: -0.84%

Real Estate investment in Suttons-bay, MI

There are 47 properties for sale in the city of Suttons Bay . The median list price in Suttons Bay is $398,000 and the average price per square foot is $213. In April 2026, the average monthly cash on cash return in Suttons Bay is N/A%. The average monthly rental income in Suttons Bay is $755.

Suttons-bay, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 47 investment properties available for sale in Suttons-bay.

In 2026, the best neighborhood to buy investment property is Suttons Bay.

The ROI for Long-Term is higher than the Short-Term in Suttons-bay with average rental income of $755.

Your search for investment property begins and ends here

Investment Property for Sale in Suttons Bay, MI

2567 N Evergreen Valley Drive

Suttons Bay, MI

3 beds | 3 baths | 3,699 sq.ft.

$925,000

Airbnb cash on cash: -0.89%

Traditional cash on cash: 0.24%

Airbnb Rental Income: $2103

Traditional Rental Income: $2532

Airbnb ROI: -0.89%

Traditional ROI: 0.24%

2054 N JACOBSON RD

Suttons Bay, MI

N/A beds | N/A baths | N/A

$519,000

Airbnb cash on cash: 1.62%

Traditional cash on cash: 0.16%

Airbnb Rental Income: $2103

Traditional Rental Income: $855

Airbnb ROI: 1.62%

Traditional ROI: 0.16%

236 N Front St

Suttons Bay, MI

2 beds | 2 baths | 1,032 sq.ft.

$585,000

Airbnb cash on cash: -0.18%

Traditional cash on cash: 0.1%

Airbnb Rental Income: $1673

Traditional Rental Income: $1363

Airbnb ROI: -0.18%

Traditional ROI: 0.1%

10343 E Hilltop Road

Suttons Bay, MI

4 beds | 5 baths | 3,520 sq.ft.

$3,200,000

Airbnb cash on cash: -1.74%

Traditional cash on cash: -1.01%

Airbnb Rental Income: $3174

Traditional Rental Income: $4629

Airbnb ROI: -1.74%

Traditional ROI: -1.01%

752 N Waypoint Circle

Suttons Bay, MI

3 beds | 3 baths | 2,493 sq.ft.

$650,000

Airbnb cash on cash: 1.41%

Traditional cash on cash: 4.91%

Airbnb Rental Income: $2103

Traditional Rental Income: $3689

Airbnb ROI: 1.41%

Traditional ROI: 4.91%

762 N Waypoint Circle

Suttons Bay, MI

3 beds | 3 baths | 2,493 sq.ft.

$799,000

Airbnb cash on cash: 0.28%

Traditional cash on cash: 3.15%

Airbnb Rental Income: $2103

Traditional Rental Income: $3700

Airbnb ROI: 0.28%

Traditional ROI: 3.15%

4360 Independence Drive

Suttons Bay, MI

3 beds | 3 baths | 2,440 sq.ft.

$699,000

Airbnb cash on cash: 0.73%

Traditional cash on cash: 2.96%

Airbnb Rental Income: $2103

Traditional Rental Income: $3021

Airbnb ROI: 0.73%

Traditional ROI: 2.96%

755 N Deer Path Trail

Suttons Bay, MI

2 beds | 2 baths | 1,440 sq.ft.

$675,000

Airbnb cash on cash: -0.92%

Traditional cash on cash: 1.07%

Airbnb Rental Income: $1673

Traditional Rental Income: $2458

Airbnb ROI: -0.92%