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31
Photos
5179 Silver Shores Lane, Traverse City, MI 49685
$430,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
1
bath
864
sqft
Built in
1978
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.
Features & Amenities
Interior
- Appliances:
- Dryer, Microwave, Oven, Refrigerator, Range, Washer
- A/C:
- Ceiling fans
- Heating:
- Forced air, Natural gas
Exterior
- Style:
- Ranch
- Other Structures:
- Patio
Construction
- Windows:
- Window treatments
- General:
- Vinyl siding, One, Slab
Location
- Road/Access:
- Gravel, Private road
- HOA Amenities:
- Maintenance grounds, MaintenanceGrounds, SnowRemoval, Trash, Water, 350.0, Monthly
- Originating MLS:
- Aspire North REALTORS
- School District:
- Traverse city
- County:
- Grand traverse
Lot
- Zoning:
- UNIT 7 SILVER SHORES RESORT CONDO FKA STOECKEL'S SILVER SHORES RESORT CONDO FKA KARLEE SHILVER SHORES RESORT CONDO RECORDED LIBER 602 PAGES 510-551 GT CO CONDO SUBD PLAN NO 26, 0518900700
Utilities
- Water:
- Shared Well
- Sewer:
- Septic Tank
Financial
- Source:
- Aspire North REALTORS
This listing courtesy of:
CENTURY 21 Northland, Connie M Kroll
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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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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