0 Lk Michigan & Betsie LkElberta, MI 49628
- Land
- 17.71 AC
Property Details for 0 Lk Michigan & Betsie Lk
- Lot size
- 17.71 AC
- Property type
- Land
- Property subtype
- Hospitality properties
Description
This exceptional 17.71-acre parcel presents a unique investment opportunity on the eastern shore of Lake Michigan in Elberta, Michigan (zip code 49628). Boasting 578 feet of Lake Michigan frontage and up to 3,120 feet of frontage along Betsie Lake's deepwater port channel, this property offers unparalleled access to both the lake and a well-protected harbor. The harbor features extensive breakwaters (2,000-2,500 linear feet each), dual stub piers, and the historic Frankfort Lighthouse. The elevated dune bluff provides stunning views, and the property includes access to miles of pristine white sand beaches. Previous approvals existed for a significant development, including preliminary site plan approval for 367 housing units in the Lake Michigan District and 168 units in the Marina District. Expired permits also existed for a 140-slip marina accommodating vessels up to 80 feet in length. Each district could incorporate retail/commercial and hotel/hospitality components. This offering encompasses Lots A and B of the Lake Michigan District, with the possibility of acquiring additional land. The property is zoned DD and is listed at $19,500,000, with a land value of $25.28 per square foot. This is a rare chance to acquire a large-scale waterfront development site with exceptional amenities and potential. The property is located in Benzie County, Michigan.
Location Insight
- City
- Elberta
- County
- Benzie
- State
- Michigan
- Latitude
- 44.6222
- Longitude
- -86.2336
Comparable in this City
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].