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0 S Schomberg Rd #1942405, Cedar, MI, 49621

0beds
0baths
--sqft
$680,000
--price/sqft
$4,152/moest. monthly cost
$166,080/yrincome needed

About This Home

LAND OF DELIGHT. Truly, the "heart of Leelanau County" Wait till you walk this land! It is so diverse and beautiful. More pics & video coming soon! Rolling terrain, level terrain, steep terrain, open meadows, hardwoods and evergreens where wildlife abounds. Conservation Easement exists. See associated documents. Build your castle, or cabin on an area that the conservancy easement allows. Out buildings allowed as- well. If you know the county, you will quickly realize how quaint, peaceful and private this location is and how perfectly located in the center of everything. The newer, modern hunting blinds remain with property. All listing data has been obtained via third party sources and seller. Data is deemed reliable, but not guaranteed. Buyer and its agent should verify. Tax ID #'s 002-008-001-00/002-10

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
7
BikeSomewhat Bikeable

Schools

8/10
Leland Public SchoolGrades PK-126.0 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Other

Interior

Basement

  • Basement:

Property

Lot

  • Lot size: 81 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Winter Weather
    Winter WeatherVery High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Winter Weather
Hail
Inland Flooding
Landslide
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters in Leelanau County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,438$41,256
Home Insurance *$152$1,824
Property Taxes $374$4,488
Electricity $188$2,259
Total$4,152$49,824
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$142,354/yr
40% on housing$124,560/yr
45% on housing$110,720/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 1.9%
1.9%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 5.9%
5.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 49621$255
Leelanau County$437

vs Homes Sold Last Month

Median $/sqft

ZIP 49621$276
Leelanau County$350

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-10Listed for sale$695,000

For Sale by Agent

AgentTom Alflen
BrokerageEXIT NORTHERN SHORES REALTY

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