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 less than 30 minutes from Traverse City. Sleeping Bear Dunes National Lakeshore is close enough to see, about a 20 minute drive. 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. The home and/or out buildings can be split off. Marketing packet with zoning and conceptual development plans available upon request. 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.