577 Brakel Point Drive, Traverse City, MI 49685

$2,100,000 Asking Price

3 beds
3 baths
3,056  sqft
Built in 1925

Location, location, location, a private park like setting on a quiet cul de sac. A safe place for kids young and old to play. Great neighborhood. Brakel Landing provides the largest private frontage on Silver Lake. Lot's 1-4 are being offered. Brakel Landing development lots have never been listed, until now. Legacy family compound property includes 4 contiguous lots on Silver Lake. Cumulative 2.98 acres and 287 feet of private Silver Lake frontage. Lots 1 and 2 remain undeveloped and provide well treed privacy, or could be further developed. All lots are approved for private septic and well. Soil borings have been completed on all lots. Existing 3-story home on lot 3 was a historic speak easy built in 1925 and totally remodeled in 2005. This home features a full length second story deck and main level fully enclosed three-season porch. The third floor acts as a bunk room for sleep over parties. The house currently has beds to sleep 16. Attached 3-car garage (36'x 36'), completely finished, radiant in-floor heat, epoxy floors, and finished bonus room up above . Adjacent lot 4 includes a 2 bed 1 bath guest cottage with kitchen area. The cottage also has a full length three season porch. Brakel Landing approved master plan includes a future boat storage building, in which each lot owner could potentially have a 15'x 30' unit. Underground electric, natural gas, irrigation, private septic and well on developed lot. Maintain exclusive privacy or further develop for the ultimate family retreat 10 minutes to downtown Traverse City. By-laws dictate a 6-month minimum lease, will not sell lots individually. See https://tours.bluelavamedia.com/s/idx/186979

Features & Amenities

Interior

General:
Built-In Bookcase,Foyer Entrance,Walk-In Closet(s),Pantry,Island Kitchen,Great Room,Drywall
Appliances:
Refrigerator,Oven/Range,Dishwasher,Microwave,Water Softener Owned,Washer,Dryer,Security System,Exhaust Fan,Blinds,Drapes,Curtain Rods,Natural Gas Water Heater,Smoke Alarms(s)
Basement:
Crawl Space
A/C:
Hot Water,Baseboard,Ductless A/C,Radiant Floor
Heating:
Hot Water,Baseboard,Ductless A/C,Radiant Floor, Natural Gas
Fireplace:
None

Exterior

General:
Vinyl, Sprinkler System,Deck,Patio,Sidewalk,Gutters
Style:
2+ Story,Lodge
Other Structures:
None

Construction

Roofing:
Asphalt
General:
Frame, 2+ Story,Lodge, Crawl Space

Location

Road/Access:
Blacktop
HOA Amenities:
None
School District:
Traverse City Area Public Schools
County:
Grand Traverse

Lot

Driveway:
Gravel,Private
Zoning:
Residential, Units 1-4 Brakel Landing Site Condo

Utilities

Water:
Private Well
Sewer:
Private Septic,Mound System

This listing courtesy of:
KERMATH REALTY LLC, JEFF KERMATH

About Traverse City, MI

Housing

Number of Units
37,647
Median Home Value
$253,583
Median Rent
$889

24.77% of housing units are renter occupied.

11.10% are vacant.

Commute

Car
80.96%
Public Transportation
1.36%
Walk to Work
2.46%
Work from Home
13.26%
Other
0.48%

The median travel time to work is 18 minutes.

People

Population
75,364
Median Age
43.50
Median Household Size
2.53

Education

High School
20.97%
Associate’s Degree
9.01%
Bachelor’s Degree
26.84%
Graduate Degree
15.71%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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