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 12 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.	$1,200,000	Airbnb cash on cash: -0.7% Traditional cash on cash: -0.18% Airbnb Rental Income: $2785 Traditional Rental Income: $2721 Airbnb ROI: -0.7% Traditional ROI: -0.18%
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...	4 beds \| 5 baths \| 3,700 sq.ft.	$3,400,000	Airbnb cash on cash: -1.91% Traditional cash on cash: -1.3% Airbnb Rental Income: $2708 Traditional Rental Income: $3969 Airbnb ROI: -1.91% Traditional ROI: -1.3%
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: 0.93% Traditional cash on cash: 0.42% Airbnb Rental Income: $3629 Traditional Rental Income: $2432 Airbnb ROI: 0.93% Traditional ROI: 0.42%
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.	$399,000	Airbnb cash on cash: 2.93% Traditional cash on cash: 2.67% Airbnb Rental Income: $2785 Traditional Rental Income: $2037 Airbnb ROI: 2.93% Traditional ROI: 2.67%
4683 E Water View Drive Lake Leelanau, MI Welcome to a home that perfectly blends contemporary design, thoughtful functionality, and...	5 beds \| 3 baths \| 4,901 sq.ft.	$995,000	Airbnb cash on cash: 1.28% Traditional cash on cash: 1.83% Airbnb Rental Income: $3629 Traditional Rental Income: $3347 Airbnb ROI: 1.28% 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: 1.29% Traditional cash on cash: 1.29% Airbnb Rental Income: $2785 Traditional Rental Income: $2132 Airbnb ROI: 1.29% Traditional ROI: 1.29%
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: -0.09% Traditional cash on cash: 0.73% Airbnb Rental Income: $2708 Traditional Rental Income: $3820 Airbnb ROI: -0.09% Traditional ROI: 0.73%
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: -0.68% Traditional cash on cash: -0.16% Airbnb Rental Income: $2708 Traditional Rental Income: $3378 Airbnb ROI: -0.68% Traditional ROI: -0.16%
3911 N Hareld Drive Lake Leelanau, MI Custom built in 2019, this stunning ranch lake house sits high above North Lake Leelanau, ...	3 beds \| 2 baths \| 2,283 sq.ft.	$1,750,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 0.42% Airbnb Rental Income: $2785 Traditional Rental Income: $2992 Airbnb ROI: -0.11% Traditional ROI: 0.42%
92 E Philip Street Lake Leelanau, MI Story-Book, Mid-Century Ranch Home on the Narrows of Lake Leelanau. Such a well-cared for,...	3 beds \| 2 baths \| 1,470 sq.ft.	$1,370,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 0.59% Airbnb Rental Income: $2785 Traditional Rental Income: $2449 Airbnb ROI: 0.34% Traditional ROI: 0.59%
2181 S Lake Shore Drive Lake Leelanau, MI Enjoy the best of lakefront living with this spacious 5-bedroom, 2.5-bath craftsman-style ...	5 beds \| 3 baths \| 1,872 sq.ft.	$1,250,000	Airbnb cash on cash: 0.67% Traditional cash on cash: 0.97% Airbnb Rental Income: $3629 Traditional Rental Income: $3190 Airbnb ROI: 0.67% Traditional ROI: 0.97%
4740 E Water View Drive Lake Leelanau, MI From the moment you step inside, this home wraps you in comfort and light. The main level ...	3 beds \| 3 baths \| 2,400 sq.ft.	$749,900	Airbnb cash on cash: 1.33% Traditional cash on cash: 2.89% Airbnb Rental Income: $2785 Traditional Rental Income: $3227 Airbnb ROI: 1.33% Traditional ROI: 2.89%

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.

$1,200,000

Airbnb cash on cash: -0.7%

Traditional cash on cash: -0.18%

Airbnb Rental Income: $2785

Traditional Rental Income: $2721

Airbnb ROI: -0.7%

Traditional ROI: -0.18%

4537 E DUCK LAKE ROAD

Lake Leelanau, MI

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

$3,400,000

Airbnb cash on cash: -1.91%

Traditional cash on cash: -1.3%

Airbnb Rental Income: $2708

Traditional Rental Income: $3969

Airbnb ROI: -1.91%

Traditional ROI: -1.3%

102 W Philip Street

Lake Leelanau, MI

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

$850,000

Airbnb cash on cash: 0.93%

Traditional cash on cash: 0.42%

Airbnb Rental Income: $3629

Traditional Rental Income: $2432

Airbnb ROI: 0.93%

Traditional ROI: 0.42%

580 N Popp Road

Lake Leelanau, MI

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

$399,000

Airbnb cash on cash: 2.93%

Traditional cash on cash: 2.67%

Airbnb Rental Income: $2785

Traditional Rental Income: $2037

Airbnb ROI: 2.93%

Traditional ROI: 2.67%

4683 E Water View Drive

Lake Leelanau, MI

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

$995,000

Airbnb cash on cash: 1.28%

Traditional cash on cash: 1.83%

Airbnb Rental Income: $3629

Traditional Rental Income: $3347

Airbnb ROI: 1.28%

Traditional ROI: 1.83%

2481 S SCHOMBERG ROAD

Lake Leelanau, MI

3 beds | 2 baths | 1,300 sq.ft.

$895,000

Airbnb cash on cash: 1.29%

Traditional cash on cash: 1.29%

Airbnb Rental Income: $2785

Traditional Rental Income: $2132

Airbnb ROI: 1.29%

Traditional ROI: 1.29%

00 S Lake Leelanau Drive

Lake Leelanau, MI

4 beds | 4 baths | 1,950 sq.ft.

$2,295,000

Airbnb cash on cash: -0.09%

Traditional cash on cash: 0.73%

Airbnb Rental Income: $2708

Traditional Rental Income: $3820

Airbnb ROI: -0.09%

Traditional ROI: 0.73%

407 N Twin Pines Drive

Lake Leelanau, MI

4 beds | 3 baths | 3,390 sq.ft.

$2,690,000

Airbnb cash on cash: -0.68%

Traditional cash on cash: -0.16%

Airbnb Rental Income: $2708

Traditional Rental Income: $3378

Airbnb ROI: -0.68%