One of the questions I ask lake home buyers is do you like the view of the water or do you want lake access. The reason I ask this questions is about the affordability of buying a lake home. You can buy a canal front home on some lakes for less money. So if view is not an important factor you may get more for your money by buying a canal front home. Canal front homes on Cass Lake in Waterford or Cedar Island Lake in White Lake are going to cost less than a lakefront home of similar size on the same lake. So deciding what you want in a lake and a lake home is very important to think about before starting your search. That is one of the pros of buying on a canal. There are pros and cons on where you live on a lake.
For example do you want to see the sunset? Being on the west shore of a lake gives you a great view of the sunset. However with that view you will get all the stuff from the east side of the lake. The west winds will blow seaweed, leaves, and miscellaneous articles to your shoreline. These are just some of the different things that come up with buying a waterfront home for sale in Oakland County Michigan. That is why it is important to hire a good experience lake realtor like myself to help you understand our local lakes.
Below you will find lots of great information on lakefront homes on Leonard Lake in Highland Michigan. If you have questions about a lake feel free to reach anytime to me. Search Southeastern "Michigan Lake properties For Sale”
Formerly known as Curtis Lake, it was renamed in honor of the family of Harvey Leonard who settled in Highland in 1835 and whose descendants owned land surrounding the lake.
The children that live on Leonard Lake attend Huron Valley Schools
Leonard Lakefront homes. There are 20-25 homes located on the lake. Leonard Lake home styles are:
Leonard Lakefront properties range in lake frontage from 50' to about 100'. There are some properties that are on double lots and some that range up to an acre and a half.
Most of the lakefront homes were built after the 1960's up to the 1990's. The average homes range from 1200 square feet to about 2000 square feet. Though there is at least one home that is about 2600 square feet. There are no luxury mega lakefront mansions on Leonard Lake as of 2011.
Between January & October 25, 2012 here's what sold on the lake.
|ADDRESS||LIST PRICE||SALE PRICE||DOM||SP PER SQFT||SQ FT||YEAR BUILT||SHORT SALE|
|2420 HARVEY LAKE RD W||179000||145000||1||115.354||1257||1929||N|
|2481 HARVEY LAKE RD||215000||193000||39||76.0741||2537||1990||N|
Here are the homes that have sold or been leased on the lake between 01/2006 up to 11/15/2011
|ADDRESS||CLOSED DATE||LIST PRICE||SALE PRICE||SP PER SQFT||SQ FT||BEDS||BATHS|
|1014 DUNLEAVY DR||8/31/11||1200||1200||1140||4||2.1|
|930 DUNLEAVY DR||4/11/10||1295||1295||1200||3||1.1|
|1030 DUNLEAVY DR||4/15/10||108900||98000||55.4||1768||4||3.1|
|2438 HUFF PL||6/3/09||124000||117500||83.2||1412||4||2.1|
What are some of the factors that affect the price of a lake property? Of course the house and size of the house does. The size of the frontage on the lake does influence the price of the lake home too. Just as the size of the home influences the sales price so does the lake frontage. A hundred foot lot on Maceday Lake in Waterford will be worth more than a 35' lot.
Yes back in the early day's (the 1920's) some lake lots were only 35' because the cottages were too small. Over the years some lake home owners have bought up the neighbors lots, bulldozed other homes down, or split a lot with the neighbor to make their lots bigger. Most lake lots in Livingston and Lake Properties in Oakland County and the Metro Detroit have Lake Frontage that ranges from 35'- to about 150' on average. Of course there are homes that have large lake frontage of over 200'. I have seen some that are over a 1000' feet when they are on a peninsula of a lake. That is always nice because you have a panoramic view from the property and the home. I have even sold a small lake property of 26'. Back in the day they did not have side setbacks.
I have seen some lake homes that are only one foot from the lot lines. It is very important when you buy a lake home to get a staked survey if you can. I always recommend to any buyer to look up the property lot lines. I have seen several homes listed this year where they were advertised as Lake Front yet the property never actually touched the water. It is definitely buyer beware. So be smart and look up the lot lines yourself.
Leonard Lake is located in Highland Township Oakland County MI. It is north of M59, west of N Milford, south of White Lake Rd and west of Harvey Lake Rd.
You can see the lake from Harvey Lake Rd.
Finding a Southeastern Michigan Lake foreclosure requires patience and the ability to go out and see it quickly. If you wait too long they are usually gone if it is a decent home. So call me quick to go out and see the home.
Other Highland Township Lakes and Lake homes for sale
Other nearby lakes are Harvey Lake, Duck Lake, Huff Lake, and Dunleavy Lake.
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To Search any Michigan Lake for lake homes for sale go to the atlas search or search by area. I hope this helped you if you have a Michigan relocation in your future.
Russ Ravary your Highland Lakefront real estate specialist
Russ Ravary - Metro Detroit real estate agent
Real Estate One
(248) 310-6239 YesMyRealtor@gmail.com
8430 Richardson Rd. Commerce MI 48382
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For more information on other lakes, follow the links below!
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Find out all about Chemung Lake Livingston County Michigan HERE!
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White Lake is a great area to live check out the Homes for sale on Round Lake White lake MI