Sold
Last Sold Price
3 beds2,040 sqft$149/sqft
5318 Gray Road, Traverse City, MI 49684
Single FamilyProperty Type
10.28 acresLot Size
2006Year Built
$149/sq ftPrice per sq ft
2 carsParking Spaces

Description

If you want wide open spaces with city life only 5 minutes away, this is the ranch home on 10 acres for you! This home has it all - countryside views from every room, oversized attached workshop/garage, large outbuilding and an open floor plan with large island kitchen anchoring two family friendly living areas. The master suite features an enormous spa size bathroom with fireplace, shower and big soaking tub. The full basement has tall ceilings, egress windows, is plumbed for a bath and the foundation...If you want wide open spaces with city life only 5 minutes away, this is the ranch home on 10 acres for you! This home has it all - countryside views from every room, oversized attached workshop/garage, large outbuilding and an open floor plan with large island kitchen anchoring two family friendly living areas. The master suite features an enormous spa size bathroom with fireplace, shower and big soaking tub. The full basement has tall ceilings, egress windows, is plumbed for a bath and the foundation grade may allow installation of a walkout doorway. Pole Building is 30' x 64' with 20' x 9' & 12' x 12' doors and is wired for 220 amp service.
  • Listed by: Bryan Olshove 231.633.6011 bolshove@charter.net • Coldwell Banker Schmidt-522
Listing closed: 09/27/2016 12:00 AM • Source: Realcomp, MLS#: 78001163854

Recent comparable sales

Median sold price

$380,000

Avg days on market

19

Sale-to-list ratio

95.8%

Traverse City, MI

9 comparable properties found

$365,000 | 3111 Paysage Place, Traverse City, MI 49684
1/51
1

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3
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1,836
Square Feet
0.58
Acres
$395,000 | 5333 Heritage Way, Traverse City, MI 49685
1/43
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Sold 12/09/25

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1,915
Square Feet
0.35
Acres
$370,000 | 4209 Bridlewood Drive, Traverse City, MI 49685
1/23
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Sold 08/12/25

3
Bedrooms
1,975
Square Feet
0.58
Acres
$370,000 | 4209 Bridlewood Drive, Unit LOT: 12, Traverse City, MI 49685
1/23
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3
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1,975
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Acres
$381,000 | 4619 Lake Pine Drive, Unit LOT: 32, Traverse City, MI 49685
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$381,000 | 4619 Lake Pine Drive, Traverse City, MI 49685
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Sold 05/08/26

3
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1,904
Square Feet
0.38
Acres
$327,000 | 5661 Exodus Drive, Traverse City, MI 49684
1/27
7

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Sold 11/07/25

3
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1,061
Square Feet
0.5
Acres
$380,000 | 4396 Foxfire Drive, Traverse City, MI 49684
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8

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Sold 05/21/25

3
Bedrooms
1,978
Square Feet
0.44
Acres
$450,000 | 5221 Barney Road, Traverse City, MI 49684
1/53
9

$450,000

Sold 10/17/25

3
Bedrooms
1,778
Square Feet
0.46
Acres

Location

Listing Courtesy of Coldwell Banker Schmidt-522

Sold By Coldwell Banker Schmidt-402

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$1,942 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,540

Property Taxes

$402

HOA Dues

$0

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Property Information for 5318 Gray Road

Property Details
  • MLS Type: Residential / Single Family Residence
  • Subdivision Name: metes & bounds
  • Architectural Style: Ranch
  • Waterfront: No
  • Zoning Description: Agricultural
Building Information
  • Year Built: 2006
  • Lot Size: 10.28 AC / 447,796 SF
Summary
Location and General Information
  • Directions: M-72 or Barney Rd to Gray Rd
  • Latitude: 44.763986
  • Longitude: -85.693943
  • MLS Area Major: Garfield Twp (28005)
Taxes and HOA
  • Parcel Number: 280500601120
  • Tax Legal Description: The W 340 of N 380' of S 680' of NW/4 of SW/4 of Section 6, T27N-R11W (approximately), new legal description to be provided by survey.
School Information
  • Elementary School: Willow Hill Elementary School
  • High School District: Traverse City
Parking
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Garage: Yes
  • Parking Features: Two Car Garage, Attached, Garage
Property
Lot Information
  • Lot Size Acres: 10.28
  • Lot Size Dimensions: 380 X 1180
Property and Assessments
  • State Equalized Value: 140500.0
  • Living Area: 2040.0
  • Building Area Total: 4080.0
  • Above Grade Finished Area: 2040.0
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Total Area: 2040.0
  • Class Name: Residential
  • Other Structures: Pole Barn
  • Year Built: 2006
Building Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Basement, Block
  • Levels: One
  • Stories Total: 1
Utilities
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Well
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 2.0
  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Range, Washer, Water Softener Owned
  • Basement: Block, Daylight, Full
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Cooling: Central Air
  • Has Cooling: Yes
  • Fireplace Features: Electric
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Interior Features: Entrance Foyer
  • Laundry Features: Main Level
  • Main Level Bathrooms: 2
  • Rooms Total: 10
  • Water Heater Fuel: Natural Gas
  • Window Features: Egress Windows, Window Treatments
Exterior Features
  • Patio And Porch Features: Deck
Room Information
Room 1
  • Room Description: Laminate
  • Room Dimensions: 14x11
  • Room Length: 14.0
  • Room Width: 11.0
  • Room Level: Main
  • Room Type: Dining Room
Room 2
  • Room Description: Laminate
  • Room Dimensions: 17x16
  • Room Length: 17.0
  • Room Width: 16.0
  • Room Level: Main
  • Room Type: Living Room
Room 3
  • Room Description: Vinyl
  • Room Dimensions: 12x11
  • Room Length: 16.0
  • Room Width: 13.0
  • Room Flooring: Vinyl
  • Room Level: Main
  • Room Type: Bedroom 2
Room 4
  • Room Dimensions: 12x9
  • Room Length: 12.0
  • Room Width: 11.0
  • Room Flooring: Vinyl
  • Room Level: Main
  • Room Type: Laundry
Room 5
  • Room Description: Vinyl
  • Room Dimensions: 15x14
  • Room Length: 15.0
  • Room Width: 12.0
  • Room Flooring: Vinyl
  • Room Level: Main
  • Room Type: Family Room
Room 6
  • Room Description: Vinyl
  • Room Dimensions: 16x13
  • Room Length: 14.0
  • Room Width: 11.0
  • Room Flooring: Laminate
  • Room Level: Main
  • Room Type: Bedroom 1
Room 7
  • Room Dimensions: 14x13
  • Room Length: 15.0
  • Room Width: 14.0
  • Room Flooring: Vinyl
  • Room Level: Main
  • Room Type: Kitchen
Room 8
  • Room Description: Vinyl
  • Room Dimensions: 15x12
  • Room Length: 15.0
  • Room Width: 12.0
  • Room Level: Main
  • Room Type: Bedroom 3
Room 9
  • Room Length: 17.0
  • Room Width: 16.0
  • Room Flooring: Laminate
  • Room Level: Main
  • Room Type: Living Room
Room 10
  • Room Length: 14.0
  • Room Width: 13.0
  • Room Level: Main
  • Room Type: Kitchen
Room 11
  • Room Length: 12.0
  • Room Width: 9.0
  • Room Level: Main
  • Room Type: Laundry
Room 12
  • Room Type: Library
Agent
Sale and Listings
  • Public GLR Website: Yes

Property History for 5318 Gray Road

DateEvent & SourcePriceAppreciation
Sep 27, 2016

Sold

Realcomp #78001163854

$303,000
Sep 27, 2016

Sold

MiRealSource #1163854

$303,000
Sep 9, 2016

Permanently Off Market

MiRealSource #1286620

$74,000
DateEvent & SourcePrice
09/27/2016

Sold

Realcomp #78001163854

$303,000
09/27/2016

Sold

MiRealSource #1163854

$303,000
09/09/2016

Permanently Off Market

MiRealSource #1286620

$74,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5318 Gray Road

Taxable ValueLand-Additions-Total-
Tax Record2025$4,818 ($402 / month)
Home Facts
Beds3Baths2Total Finished SqFt2,054 SqFtAbove Grade Finished SqFt2,054 SqFtUnfinished Basement SqFt2,040 SqFtStories1Lot Size447,361 SqFtStyleSingle Family ResidenceYear Built2007Year Renovated2007CountyGRAND TRAVERSEAPN05-006-011-20

Schools near 5318 Gray Road

This home is within Traverse City Area Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Long Lake Elementary School
PublicPK to 5

West Middle School
Public6 to 8

West Senior High
Public9 to 12

Tcaps Montessori School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Schmidt-522

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