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504 S Grand Avenue, Leland, MI 49654

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For Sale

$1,599,000

4 beds • 3 baths • 1 half baths • 2,964 sqft

Estimated Payment

$ 8,195 /mo. †

6.63% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $539.47
    Price per square foot

  • New Construction
    Age

  • Basement
    Rooms

Explore this Property

Joining the ranks of timeless Leland homes, this classic bungalow fits every need. Situated just steps from Lake Leelanau, the home offers a spacious main flooor with a primary suite, open kitchen, living and dining with a screen porch overlooking the wooded year yard. Upstairs features two bedrooms, bathroom and sitting loft. The lower level brings a bedroom, full bath, family room, games area and utility. Amenity includes Kohler fixtures, loads of wood floor and tile, quartz countertops, LP siding, Weathershield windows and all the quality you expect from a J. Peterson Home. Pricing includes landscaping and a one stall garage. Owner is a broker in the State of Michigan.
MLS# 1929783

Courtesy Of J. Peterson Realty LLC
516 E. Front Street, Traverse City, MI 49686
(616) 940-9288

Property Features

  • Age
    New Construction, New Construction
  • Appliances
    Range
  • Architecture Style
    Other
  • Heating System
    Forced Air
  • Lot Size
    0.16 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement, Kitchen, Living Room

Map and Directions

Directions to 504 S Grand Avenue, Leland, MI 49654

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $8,195
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $8,195

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Leland Public School

Grades PK-12 Public School

Leland, MI 49654 0.5 miles
200 n grand ave

439 total students
14:1 Student teacher ratio

School Rating: A

School Details
Other Nearby Schools Distance Type Grades School Rating
Leelanau Montessori Public School Academy 3.3 miles Public PK-6
Suttons Bay Middle/high School 5.9 miles Public 6-12 A-
Suttons Bay Elementary School 5.9 miles Public KG-5 C-
Suttons Bay Virtual School 5.9 miles Public KG-12 D+

Leelanau Montessori Public School Academy

Distance: 3.3 miles

Type Public

Grades: PK-6

Suttons Bay Middle/high School

Distance: 5.9 miles

Type Public

Grades: 6-12

A-

Suttons Bay Elementary School

Distance: 5.9 miles

Type Public

Grades: KG-5

C-

Suttons Bay Virtual School

Distance: 5.9 miles

Type Public

Grades: KG-12

D+

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Leland, MI 49654

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Leland, MI 49654

This community’s employment is highest in the education and food industries. The area’s overall household expenses are above the national average.

76° August
Hottest Average Month
16° February
Coldest Average Month
164 Total Households in Area
2.4% Increase in population since the year 2010
14.6%
of households
have children
17 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Leland, MI 49654

Leland, MI 49654 has a population of 336 people in 164 households with a median age of 58.3 years old.

2.4%
Increase in population
since the year 2010
Population is Trending up
156
Total households as of 2010
4.7%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 58.3 years old. The smallest percentage group is 65-74 years and the largest percentage is the 0-5 years age range.

Community Population By Ethnicity

White 93%
Hispanic 5%
Other 2%
Asian <1%
Black <1%
Native American <1%
The most prevalent ethnicity is White at 93%, followed by Hispanic at 5%, Other at 2%, and Asian at <1%.

Economics
for Leland, MI 49654

10 /sq mi
Population Density
$83,150 /yr
Median Household Income
$0
Median Sales Price
17 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 19.92% of the households.

Transportation to Work

  • Drive 76%
  • Work from Home 23%
  • Walk or Bike 1%
  • Public Transit 0%

Occupancy by Type

Vacant 276 63%
Owned 134 30%
Rented 29 7%

White vs Blue Collar Jobs







White Collar 88%
Blue Collar 12%

Family & Education Facts
for Leland, MI 49654

58.3 Median Age

Average Household Size

2
persons per
household

56.7%

Married Households

Community Population By Education

Bachelors Degree 43%
Graduate Degree 22%
Some College 20%
High School Graduate 10%
Associates Degree 5%
Some High School <1%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 42.78% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
14.6% of households have children

Weather
for Leland, MI 49654

The weather for this area ranges from a high of 76° F in August to a low of 16° F in February

76° August
Hottest Average Month
16° February
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
17°
30°
Feb
16°
32°
Mar
22°
38°
Apr
33°
48°
May
42°
59°
Jun
52°
69°
Jul
59°
75°
Aug
59°
76°
Sep
53°
67°
Oct
43°
58°
Nov
33°
45°
Dec
24°
35°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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