This 149.8 acre development property has unlimited potential due to its size, location, and spectacular water views. Under a mile from Grand Traverse Bay and downtown Suttons Bay it sits under 30 minutes from Traverse City and Sleeping Bear Dunes National Lakeshore. About two thirds of the property has views of Grand Traverse Bay while the highest elevations include vistas of Lake Leelanau, Lake Michigan, the Manitou Islands and Pyramid Point. The property includes a farmhouse with attached garage, 2 large sheds, two iconic wood barns built in the early 1900s, and a double pole barn connected to a wood garage. Marketing packet with zoning and conceptual development ideas are attached. Perfect location for a combination of water-view homes, high-end RV resort, winery, equestrian center, or a private estate. Property touches Suttons Bay Village on the southeast corner. Owners will entertain offers to divide the property.