5179 Silver Shores Lane Traverse City, MI 49685
Listing Courtesy of: NORTHERN GREAT LAKES / Century 21 Northland / Connie Kroll - Contact:  231-620-3395

  5179 Silver Shores Lane Traverse City, MI 49685

Pending (72 Days)
$380,000
3
BED
1
BATH
864
SQFT

Description

This adorable year-round cottage offers 181 of shared waterfront on Silver Lake, shared by only seven other homeowners. Whether you're looking for a peaceful summer getaway or a smart investment, this property is a fantastic opportunity. One of the larger cottages in this small community, this unit features three bedrooms, a full bathroom, and the convenience of an in-unit washer and dryer. Almost all other units only have two bedrooms and shared laundry. The property includes a crawl space for extra storage and your own designated space in the shared garage. The community amenities truly set this property apart. Enjoy access to a gazebo, a fire pit, and a play area perfect for the kids. Plus, this cottage has a proven track record as a successful short-term rental, making it a turn-key investment. Its being sold fully furnished, including two kayaks. The washer/dryer unit and kitchen counter top were replaced in 2023. Whether you're looking for a tranquil summer retreat or a promising rental property, this cottage is ready to welcome you.

MLS #:
1926759
Lot Size
0.29 acres
Type
Single-Family Home
Year Built
1978
Style
1 Story, Ranch
School District
Traverse City Area Public School
County
Grand Traverse County
Community
Garfield

Listed By

Connie Kroll, Century 21 Northland, Contact: 231-620-3395
Source
NORTHERN GREAT LAKES
Last checked Nov 14 2024 at 12:35 PM GMT+0000
Bathroom Details
  • Full Bathroom: 1
Interior Features
  • Solid Surface Counters
  • Ceiling Fan Other
  • Curtain Rods
  • Drapes
  • Blinds
  • Dryer
  • Washer
  • Microwave
  • Oven/Range
  • Refrigerator
Subdivision
  • Mi
Lot Information
  • Level
Property Features
  • Foundation: Slab
Heating and Cooling
  • Forced Air
Homeowners Association Information
  • Dues: $350
Exterior Features
  • Vinyl
  • Roof: Asphalt
Utility Information
  • Sewer: Shared Septic
Stories
  • 1 Story
Living Area
  • 864 sqft
Additional Information: Northland | 231-620-3395

Listing Brokerage Notes
Buyer Brokerage Compensation:  $5,000
*Details provided by the brokerage, not MLS (Multiple Listing Service). Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Nov 06, 2024
Price Changed
$380,000
-5%
-19,900
Oct 02, 2024
Price Changed
$399,900
-7%
-30,100
Sep 03, 2024
Original Price
$430,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by C21 Northland and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2024 Northern Great Lakes Realtors MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/14/24 04:35