Discover an exceptional opportunity in the sought-after Sugar Loaf community, where year-round recreation and natural beauty come together. This contemporary condo overlooks the mountain and borders newly dedicated Land Conservancy property that is slated to feature enhanced community hiking and cross-country ski trails, scenic viewing platforms, and additional outdoor amenities designed to connect the community with the surrounding landscape. Inside, many of the major updates have already been completed, including a new roof with skylight, three newly constructed balconies, new flooring throughout, and new triple-casement bedroom windows that maximize natural light and views. The spacious interior is ready for your personal finishing touches, allowing you to create the perfect retreat tailored to your style. Enjoy resort-style amenities with a community pool as well as the Old Course at Sugar Loaf just steps away, all while embracing the four-season lifestyle Northern Michigan is known for. Whether you're searching for a weekend getaway, full-time residence, or an investment property with resort rental potential, this is an incredible opportunity to own in one of the area's most scenic destinations. Virtually staged photos are provided for illustrative purposes only to demonstrate the potential use and enhancement of the space. Furnishings are not shown to scale, and no measurements have been verified to guarantee the size, placement, or fit of the items depicted.
Discover an exceptional opportunity in the sought-after Sugar Loaf community, where year-round recreation and natural beauty come together. This contemporary condo overlooks the mountain and borders newly dedicated Land Conservancy property that is slated to feature enhanced community hiking and cross-country ski trails, scenic viewing platforms, and additional outdoor amenities designed to connect the community with the surrounding landscape. Inside, many of the major updates have already been completed, including a new roof with skylight, three newly constructed balconies, new flooring throughout, and new triple-casement bedroom windows that maximize natural light and views. The spacious interior is ready for your personal finishing touches, allowing you to create the perfect retreat tailored to your style. Enjoy resort-style amenities with a community pool as well as the Old Course at Sugar Loaf just steps away, all while embracing the four-season lifestyle Northern Michigan is known for. Whether you're searching for a weekend getaway, full-time residence, or an investment property with resort rental potential, this is an incredible opportunity to own in one of the area's most scenic destinations. Virtually staged photos are provided for illustrative purposes only to demonstrate the potential use and enhancement of the space. Furnishings are not shown to scale, and no measurements have been verified to guarantee the size, placement, or fit of the items depicted.
REALCOMP #78080068569
Jun 14, 2026
Contingent
—
May 21, 2026
Listed
$469,000
$328/sq ft
+32
Impeccably kept, this charming 4 bed/4 bath Sugar Loaf townhouse located in the heart of Leelanau County offers the epitome of comfortable living, and allows for short term rentals! Boasting four bedrooms, each adorned with its own luxurious en-suite bath, alongside a cozy living and dining area featuring a freestanding wood stove, this residence ensures both privacy and communal comfort. Step outside onto the spacious patio or deck, where panoramic views of Sugar Loaf Mountain and a tantalizing glimpse of Lake Michigan create a serene backdrop for relaxation and entertainment. Enjoy access to a host of amenities, including a community pool, tennis courts, and expansive green spaces, all meticulously maintained by a well-organized association. Situated within close proximity to two golf courses, this property presents an exceptional opportunity for your own Leelanau County retreat or savvy investment, combining an enviable location with an enticing price point. Experience the allure of Northern Michigan living at its finest! * Used as a short term rental, the previous owner has made $70-$90K/year in rental income. Unit is being sold fully furnished.
APPFOLIO #1
May 22, 2026
Rental Removed
$1,650
$1/sq ft
May 7, 2026
Price Changed
$1,650
$1/sq ft
Mar 17, 2026
Listed for Rent
$1,750
$1/sq ft
Greater Lansing AoR #80055745
Jun 27, 2025
Sold
$289,000
$202/sq ft
Jun 27, 2025
Sold
$289,000
$202/sq ft
Jun 9, 2025
Contingent
—
Jun 3, 2025
Relisted
—
May 14, 2025
Contingent
—
Apr 12, 2025
Listed
$299,000
$209/sq ft
Apr 12, 2025
Listed
$299,000
$209/sq ft
REALCOMP #78080055745
Jun 27, 2025
Sold
$289,000
$202/sq ft
Jun 9, 2025
Contingent
—
Jun 3, 2025
Relisted
—
May 14, 2025
Contingent
—
Apr 12, 2025
Listed
$299,000
$209/sq ft
REALCOMP #78080046732
Aug 27, 2024
Sold
$379,000
$265/sq ft
Jul 17, 2024
Contingent
—
Jun 5, 2024
Listed
$425,000
$297/sq ft
MiRealSource-MiMLS #80003334
Jan 5, 2023
Sold
$275,000
$192/sq ft
Jan 5, 2023
Sold
$275,000
$192/sq ft
Nov 22, 2022
Listed
$275,000
$192/sq ft
Nov 22, 2022
Listed
$275,000
$192/sq ft
REALCOMP #78080003334
Jan 5, 2023
Sold
$275,000
$192/sq ft
Nov 22, 2022
Listed
$275,000
$192/sq ft
REALCOMP #78001213482
Jun 8, 2022
Listing Removed
—
Apr 13, 2022
Listed
$200,000
$140/sq ft
REALCOMP #78001163231
Sep 23, 2016
Sold
$73,500
$51/sq ft
Jun 30, 2016
Listed
$79,500
$56/sq ft
REALCOMP #78001144173
May 29, 2015
Sold
$78,000
$55/sq ft
Aug 29, 2014
Listed
$84,000
$59/sq ft
REALCOMP #78001110345
Apr 8, 2015
Listing Removed
—
Dec 10, 2012
Listed
$65,900
$46/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Townhouse
County
Leelanau County
APN
003-630-052-00
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Jul 23, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
1/10 Heat Factor
7 days above 92° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Cedar, MI • 49621
Average low and high temperatures (°F)
27
16
31
18
42
27
55
35
63
44
77
57
80
62
78
60
74
55
63
45
46
36
32
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.6 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5000 Townhouse Dr
$319,461
$5,539 under list price of $325K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $275K to $747K.