$75,000 PRICE DROP. OPEN HOUSE 8/8/2015 10-12. LISTING AGENT WILL BE THERE EARLY SATURDAY. FIRST COME FIRST SERVED. This is it folks, Perrin's Bay; the only southern sunlight exposure lake frontage on the south lake AND closest to downtown Traverse City (6 Miles away!) This amazing waterfront property measures over 200' of direct lake frontage at 110' wide - WOWzers! Sunlight all day long!?! Nowhere else in its proximity to the city will you find this frontage. Enjoy the completely remodeled/updated existing retreat or build your new trophy to suit. This is South Lake Leelanau; 5,693 acres. The Lake Leelanau watershed encompasses 140 square miles. According to the Michigan Digital Water Atlas (Breck 2004), Lake Leelanau is 8,607 surface acres with a maximum depth of 120 ft. Lake Leelanau has several major feeder tributaries, including the Cedar River, Cedar Run, and Houdek Creeks. The Carp River drains Lake Leelanau into Lake Michigan in the town of Leland, Michigan. The Leland Dam raises the natural water level seven feet and prevents migration of Lake Michigan aquatic species into Lake Leelanau. The elevation of Lake Leelanau is maintained at 589.21 feet from April 15November 15, and lowered 12 inches from November 15April 15. These elevations were established by a Leelanau County Circuit Court Order in 1978. Lake Leelanau has two basins (north and south) connected by a navigable channel called the Narrows. These two basins are often considered separate lakes, North Lake Leelanau and South Lake Leelanau.
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