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577 Brakel Point Dr Lot 1-4, Traverse City, MI 49685
$2,100,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
4
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:
- Security System,Walk-In Closet,Window Treatment(s)
- Rooms:
- Entry,Great Room,Pantry
- Appliances:
- Dishwasher,Dryer,Microwave,Range/Oven,Refrigerator,Washer,Water Softener - Owned
- A/C:
- Exhaust Fan
- Heating:
- Natural Gas, Baseboard,Hot Water,Radiant
Exterior
- General:
- Vinyl Siding, Deck,Lawn Sprinkler,Patio,Sidewalks
- Parking:
- Garage
Construction
- General:
- More than 2 Stories, Crawl
Location
- Originating MLS:
- Northeastern Michigan Board of REALTORS
- School District:
- Traverse City Area Public Schools
- County:
- Grand Traverse
Lot
- Zoning:
- Units 1-4 Brakel Landing Site Condo, 280219800310
Utilities
- Utilities:
- Cable Available
- Water:
- Private Well
- Sewer:
- Septic,Mound Septic
Financial
- Source:
- Northeastern Michigan Board of REALTORS
This listing courtesy of:
KERMATH REALTY LLC, JEFF KERMATH
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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