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Browse All Lake Ann MI Between $200K - $300K Properties for Sale

$250,000
1947737 MLS Metes And Bounds BLDG.
This 2.84 acre parcel offers a rare head start for buyers ready to build their Northern Michigan life without waiting on construction timelines. A 24x50 pole barn is already in place, complete with well and septic installed and functional living quarters, allowing for immediate use of the property while a future home is planned or built. The parcel is metes and bounds with no HOA restrictions, giving buyers genuine flexibility in how they use and develop the land. For those who value independence and control over their own property, this is a meaningful advantage over deed-restricted or platted alternatives. This setup is well suited to buyers who want to get on their land now, whether for weekend use, seasonal living, or as a base while designing a permanent residence. The infrastructure work, often the most time consuming and costly part of a build, has already been completed. Tucked into the northern reaches of Benzie County, this property sits just a short drive from the Leelanau County border, placing it at the crossroads of some of the region's most desirable towns. Traverse City's downtown corridor is a quick 16 mile drive. Empire, with its lakeshore access and small town charm, is 12 miles out. Glen Arbor sits 15 miles away, and Lake Ann, the closest of the bunch, is only 6.5 miles down the road. Wherever the day takes you, from wine tasting to dune climbing to a quiet evening on Lake Ann, it's never far from home. For buyers looking for a turnkey foundation on unrestricted acreage in one of Northern Michigan's most desirable corridors, this is a rare find.

16963 Parcel A Gray Heirs Road, Lake Ann

$340,000
3 Beds 2 Baths 1931467 MLS Gray's Riverdale BLDG.
Embrace riverfront living with this 3-bedroom, 1.5-bath ranch home, including a walkout lower level and 80 feet of private frontage on the Platte River. Just 300 yards from all-sports Lake Ann, you can easily moor a 17’ boat at your private dock and enjoy seamless access to fishing, boating, and kayaking. Tucked in a peaceful, natural setting, this home offers the perfect blend of privacy and convenience. Updates include new appliances (2023) and foam/blown insulation (2020) for improved energy efficiency. The fireplace is ready for your personal touch with an insert. While the septic and well are currently functional, they will require relocation, and the home has been priced accordingly—making this an incredible opportunity for a waterfront property at a great value!. For added flexibility, this home can be sold furnished or unfurnished at the buyer’s discretion. A list of items that can convey with the sale is available. Located just 15 minutes from Traverse City, the Village of Lake Ann offers everything you need to enjoy Northern Michigan living. Spend the day exploring Lake Ann, stop by Lake Ann Brewing Co. for craft beer and live music, grab a bite at The Stone Oven, or swing by Lake Ann Grocery, a local favorite for essentials and unique finds. Whether you're looking for a year-round home, a vacation getaway, or a short-term rental investment, this riverfront retreat is ready for its next chapter. Priced to sell.

5378 Riverdale Lane, Lake Ann

$271,017
2 Beds 1 Baths 1916325 MLS Metes & Bounds BLDG.
Behind the red door discover a move-in-ready 2-bedroom, 1-bathroom home situated on a generous 2.66-acre parcel of land. Nestled in hardwoods the home feels seclusion and private. The property itself offers the best of both worlds, with half of the acreage cleared and the other covered with mature trees. The home has been meticulously maintained and is in spectacular condition ensuring a smooth move in process. Sunroom/Dining area features wood finishings creating the cozy ambiance of a cabin getaway. Large windows flood the space with natural lighting. Conveniently located in Almira Township, this home offers proximity to various local attractions, including Lake Ann Camp, Almira Township Park, Mistwood Golf Course, Papa Js Pizza for those evenings when you crave delicious pizza, and Stone Oven for a delightful dining experience. In addition, you're just a short drive away from Lake Ann beach. If you ever feel like venturing out to downtown Traverse City, you'll find yourself just a short 25-minute drive away. Alternatively, the opposite direction you can enjoy a quick and scenic 20-minute drive to Lake Michigan, where the beautiful Empire Beach awaits, adding another layer of convenience and leisure to your location. You'll find a multitude of options for outdoor activities such as hiking, swimming, and camping, allowing you to fully embrace the natural beauty and recreational opportunities that this area has to offer.

5626 Maple City Highway, Lake Ann

$265,000
1 Beds 1 Baths 1916133 MLS Metes & Bounds BLDG.
A cozy, modern, cabin sitting on 2.5 acres! Located 20 min to Traverse City, 15 min to Sleeping Bear Dunes National Park & 8 min to the village of Lake Ann. This home would make an excellent primary year-round residence, Up North cabin or short term rental. Enjoy 700 sqft of single story open concept living space with an additional 20X20 loft accessed by a newly constructed rolling stairway. High ceilings & lots of natural light make the home feel spacious & airy. The wraparound porch creates additional outdoor living space, perfect for watching gorgeous sunrises/sunsets, the Milky Way & Northern Lights. Fully equipped kitchen features quality built hickory cabinets, hand-built open shelving & newer stainless steel appliances. The home is energy efficient & offers affordable utilities, while being nearly off the grid thanks to in floor radiant heat, private well & septic (both serviced in 2021) & a passive solar layout w/ south facing windows. New energy efficient Hearthstone Green Mountain wood stove installed November ’22. The 2.5 acre lot is mostly open. Enjoy regular sightings of Sandhill Cranes, deer, turkey, loons & pollinators. A 12x18 shed provides nice storage space for garden tools or toys. Just down the road is Pearl Lake Natural Area which features hundreds of acres of public land, trails & public boat launches for kayaking or boating. Other nearby recreational opportunities include Ransom Lake Natural Area, Lake Ann State Park and the famed Sleeping Bear National Lakeshore. The property has been used intermittently as a short term rental (new owner will need to apply to renew STR license). The summer 2022 season generated $24K gross revenue from June 1-Sep 15, with a 90% occupancy rate and avg nightly rental rates between $250-350. The airbnb listing had a strong year-round booking history, excellent reviews & several repeat & longer stay guests.

7817 Needmore Road, Lake Ann

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