Real Estate Investment Properties for Sale in Lake Leelanau, MI

Looking for investment property in Lake Leelanau, MI with high ROI ?

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

Single Family Homes for Sale in Lake Leelanau, MI

Search for Single Family Residential for Sale in Lake Leelanau, Michigan. Browse all of Mashvisor’s Single Family Residential listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 18 Single Family Residential listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
533 S Lake Shore Drive Lake Leelanau, MI Tucked along the Narrows of Lake Leelanau, this property delivers what most only daydream ...	3 beds \| 3 baths \| 1,720 sq.ft.	$1,250,000	Airbnb cash on cash: -2.07% Traditional cash on cash: -0.27% Airbnb Rental Income: $984 Traditional Rental Income: $2721 Airbnb ROI: -2.07% Traditional ROI: -0.27%
1435 S French Road Lake Leelanau, MI Own a Leelanau Icon with Acreage & Charm! Step into an idyll at 1435 S French Road, Lake ...	2 beds \| 3 baths \| 1,680 sq.ft.	$1,895,000	Airbnb cash on cash: -1.94% Traditional cash on cash: -1.2% Airbnb Rental Income: $1596 Traditional Rental Income: $2432 Airbnb ROI: -1.94% Traditional ROI: -1.2%
2360 N Lake Leelanau Drive Lake Leelanau, MI Introducing the Wayfarer Treehouse, an exquisite residence in the heart of Leelanau. This ...	3 beds \| 3 baths \| 1,200 sq.ft.	$749,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 1.57% Airbnb Rental Income: $984 Traditional Rental Income: $2151 Airbnb ROI: -0.61% Traditional ROI: 1.57%
4537 E DUCK LAKE ROAD Lake Leelanau, MI Located on the south shore of North Lake Leelanau at the end of a private road just 2.1 mi...	5 beds \| 5 baths \| 3,700 sq.ft.	$3,750,000	Airbnb cash on cash: -1.72% Traditional cash on cash: -1.42% Airbnb Rental Income: $3720 Traditional Rental Income: $3969 Airbnb ROI: -1.72% Traditional ROI: -1.42%
102 W Philip Street Lake Leelanau, MI This fantastic home is located on the best corner in Lake Leelanau. A stones throw from wi...	5 beds \| 2 baths \| 2,000 sq.ft.	$850,000	Airbnb cash on cash: 1.03% Traditional cash on cash: 0.42% Airbnb Rental Income: $3720 Traditional Rental Income: $2432 Airbnb ROI: 1.03% Traditional ROI: 0.42%
3275 S Sunrise Lane Lake Leelanau, MI Offering high ceilings, open spaces and panoramic views of Lake Leelanau, this home was de...	4 beds \| 3 baths \| 2,668 sq.ft.	$1,350,000	Airbnb cash on cash: 0.13% Traditional cash on cash: 0.86% Airbnb Rental Income: $2950 Traditional Rental Income: $3185 Airbnb ROI: 0.13% Traditional ROI: 0.86%
580 N Popp Road Lake Leelanau, MI Completely remodeled in 2024 and being sold fully furnished, this three-bedroom, two-bathr...	3 beds \| 2 baths \| 1,080 sq.ft.	$435,000	Airbnb cash on cash: -1.2% Traditional cash on cash: 2.25% Airbnb Rental Income: $984 Traditional Rental Income: $2037 Airbnb ROI: -1.2% Traditional ROI: 2.25%
4683 E Water View Drive Lake Leelanau, MI This stunning contemporary home offers an abundance of space, privacy, and versatility for...	5 beds \| 3 baths \| 4,901 sq.ft.	$995,000	Airbnb cash on cash: 1.36% Traditional cash on cash: 1.83% Airbnb Rental Income: $3720 Traditional Rental Income: $3347 Airbnb ROI: 1.36% Traditional ROI: 1.83%
2481 S SCHOMBERG ROAD Lake Leelanau, MI Nestled in the heart of Leelanau County, a treasure awaits on 31 acres of privacy. This cu...	3 beds \| 2 baths \| 1,300 sq.ft.	$895,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 1.29% Airbnb Rental Income: $984 Traditional Rental Income: $2132 Airbnb ROI: -0.51% Traditional ROI: 1.29%
3764 S Grants Landing Lake Leelanau, MI Spend the day boating on stunning Lake Leelanau. Nineteen miles to explore on this highly ...	3 beds \| 2 baths \| 1,160 sq.ft.	$880,000	Airbnb cash on cash: -0.77% Traditional cash on cash: 1.04% Airbnb Rental Income: $984 Traditional Rental Income: $2112 Airbnb ROI: -0.77% Traditional ROI: 1.04%
1501 S Ruby Lane Lake Leelanau, MI Tucked away at the end of a private road, atop a scenic ridge, this one-of-a-kind Leelanau...	4 beds \| 3 baths \| 2,189 sq.ft.	$1,099,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 1.76% Airbnb Rental Income: $2950 Traditional Rental Income: $3144 Airbnb ROI: 0.9% Traditional ROI: 1.76%
3046 E Greenwood Road Lake Leelanau, MI *Celebrate âThe Good Lifeâ in Good Harbor! *Located within Sleeping Bear Dunes Nat...	4 beds \| 4 baths \| 4,041 sq.ft.	$1,749,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 1.34% Airbnb Rental Income: $2950 Traditional Rental Income: $4012 Airbnb ROI: 0.26% Traditional ROI: 1.34%
3802 S GRANTS LANDING Lake Leelanau, MI Stunning South Lake Leelanau Waterfront property with 100 Ft of private frontage and west ...	3 beds \| 2 baths \| 1,876 sq.ft.	$1,075,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 1.14% Airbnb Rental Income: $984 Traditional Rental Income: $2699 Airbnb ROI: -0.93% Traditional ROI: 1.14%
00 S Lake Leelanau Drive Lake Leelanau, MI Remarkable opportunity to build a classic Northern Michigan cottage on Lake Leelanau with ...	4 beds \| 4 baths \| 1,950 sq.ft.	$2,295,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.73% Airbnb Rental Income: $2950 Traditional Rental Income: $3820 Airbnb ROI: N/A Traditional ROI: 0.73%
521 S Lake Shore Drive Lake Leelanau, MI Where luxury meets the shoreline. With 269 feet of private South Lake Leelanau frontage an...	4 beds \| 5 baths \| 4,011 sq.ft.	$3,395,000	Airbnb cash on cash: -1.02% Traditional cash on cash: -0.07% Airbnb Rental Income: $2950 Traditional Rental Income: $5255 Airbnb ROI: -1.02% Traditional ROI: -0.07%
62 S French Road Lake Leelanau, MI Finally, a charming, spacious, well maintained home in Leland Township that is actually af...	4 beds \| 2 baths \| 1,564 sq.ft.	$399,900	Airbnb cash on cash: 4.08% Traditional cash on cash: 4.23% Airbnb Rental Income: $2950 Traditional Rental Income: $2323 Airbnb ROI: 4.08% Traditional ROI: 4.23%
116 W Meinard Street Lake Leelanau, MI Unique opportunity to live in downtown Lake Leelanau. Home renovated from a bank house to ...	1 beds \| 1 baths \| 1,561 sq.ft.	$348,500	Airbnb cash on cash: 2.8% Traditional cash on cash: 2.87% Airbnb Rental Income: $1886 Traditional Rental Income: $1406 Airbnb ROI: 2.8% Traditional ROI: 2.87%
407 N Twin Pines Drive Lake Leelanau, MI Experience lakeside living at its finest with this exceptional custom home featuring 200 f...	4 beds \| 3 baths \| 3,390 sq.ft.	$2,690,000	Airbnb cash on cash: -0.6% Traditional cash on cash: -0.16% Airbnb Rental Income: $2950 Traditional Rental Income: $3378 Airbnb ROI: -0.6% Traditional ROI: -0.16%

Your search for investment property begins and ends here

Single Family Homes for Sale in Lake Leelanau, MI

533 S Lake Shore Drive

Lake Leelanau, MI

3 beds | 3 baths | 1,720 sq.ft.

$1,250,000

Airbnb cash on cash: -2.07%

Traditional cash on cash: -0.27%

Airbnb Rental Income: $984

Traditional Rental Income: $2721

Airbnb ROI: -2.07%

Traditional ROI: -0.27%

1435 S French Road

Lake Leelanau, MI

2 beds | 3 baths | 1,680 sq.ft.

$1,895,000

Airbnb cash on cash: -1.94%

Traditional cash on cash: -1.2%

Airbnb Rental Income: $1596

Traditional Rental Income: $2432

Airbnb ROI: -1.94%

Traditional ROI: -1.2%

2360 N Lake Leelanau Drive

Lake Leelanau, MI

3 beds | 3 baths | 1,200 sq.ft.

$749,000

Airbnb cash on cash: -0.61%

Traditional cash on cash: 1.57%

Airbnb Rental Income: $984

Traditional Rental Income: $2151

Airbnb ROI: -0.61%

Traditional ROI: 1.57%

4537 E DUCK LAKE ROAD

Lake Leelanau, MI

5 beds | 5 baths | 3,700 sq.ft.

$3,750,000

Airbnb cash on cash: -1.72%

Traditional cash on cash: -1.42%

Airbnb Rental Income: $3720

Traditional Rental Income: $3969

Airbnb ROI: -1.72%

Traditional ROI: -1.42%

102 W Philip Street

Lake Leelanau, MI

5 beds | 2 baths | 2,000 sq.ft.

$850,000

Airbnb cash on cash: 1.03%

Traditional cash on cash: 0.42%

Airbnb Rental Income: $3720

Traditional Rental Income: $2432

Airbnb ROI: 1.03%

Traditional ROI: 0.42%

3275 S Sunrise Lane

Lake Leelanau, MI

4 beds | 3 baths | 2,668 sq.ft.

$1,350,000

Airbnb cash on cash: 0.13%

Traditional cash on cash: 0.86%

Airbnb Rental Income: $2950

Traditional Rental Income: $3185

Airbnb ROI: 0.13%

Traditional ROI: 0.86%

580 N Popp Road

Lake Leelanau, MI

3 beds | 2 baths | 1,080 sq.ft.

$435,000

Airbnb cash on cash: -1.2%

Traditional cash on cash: 2.25%

Airbnb Rental Income: $984

Traditional Rental Income: $2037

Airbnb ROI: -1.2%

Traditional ROI: 2.25%

4683 E Water View Drive

Lake Leelanau, MI

5 beds | 3 baths | 4,901 sq.ft.

$995,000

Airbnb cash on cash: 1.36%

Traditional cash on cash: 1.83%

Airbnb Rental Income: $3720

Traditional Rental Income: $3347

Airbnb ROI: 1.36%