Last Sold Price
2 beds588 sqft$689/sqft
566 West Traverse Lake RoadCedar, MI49621

Description

This may be your opportunity to own that cottage in the woods Up North that you’ve been dreaming of. The 2 bedroom, 1 bath cottage has been extensively overhauled in recent years including new windows, roof, well, generator irrigation and a thorough modernization of the interior while retaining the old cottage charm. It is situated on a wooded .8 acre parcel with a small creek that runs through it and a charming back yard with fire pit and a deck alongside the creek. The central Leelanau location...This may be your opportunity to own that cottage in the woods Up North that you’ve been dreaming of. The 2 bedroom, 1 bath cottage has been extensively overhauled in recent years including new windows, roof, well, generator irrigation and a thorough modernization of the interior while retaining the old cottage charm. It is situated on a wooded .8 acre parcel with a small creek that runs through it and a charming back yard with fire pit and a deck alongside the creek. The central Leelanau location is close to so many recreational opportunities including lake access on Little Traverse Lake, Good Harbor Beach, the Heritage bike trail and hiking trails are all within just a short walk or ride. And the property benefits from a commercial resort zoning designation, which allow unrestricted short term rentals. The current owners have enjoyed solid rental income with bookings all summer at $335/night.
LISTING CLOSED: 06/10/2024 12:00 AM

  1. Listed by Peter J Fisher • Coldwell Banker Schmidt-Glen A
    P: (231)-735-4405 peter.fisher@cbgreatlakes.com

Property Details for 566 West Traverse Lake Road

Status
MLS #
80046105
Days on Market
7
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1960
Lot Size
0.85 AC / 37,026 SF
Architectural Style
Cottage
Has Waterfront
No
Zoning Description
Other

Location

Listing Courtesy of Coldwell Banker Schmidt-Glen A

Sold By Coldwell Banker Schmidt-522

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Building Information for 566 West Traverse Lake Road

Stories1Year Built1960Building Size-Lot Size0.85 AC / 37,026 SF

Payment Calculator

$2,201 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,059

Property Taxes

$142

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 566 West Traverse Lake Road

Summary
Location and General Information
  • Directions: From M22, north on W Traverse Lake Rd, cottage is 1/10th of a mile north on the right (east). Look for sign.
  • Latitude: 44.9251
  • Longitude: -85.864319
  • MLS Area Major: Cleveland Twp (45003)
Taxes and HOA
  • Parcel Number: 45-003-010-018-50
Parking
  • Garage: No
Property
Lot Information
  • Lot Features: Wooded
  • Lot Size Acres: 0.85
Property and Assessments
  • Above Grade Finished Area: 588.0
  • Building Area Total: 588.0
  • Living Area: 588.0
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1960
Building Features
  • Other Structures: Shed(s)
  • Construction Materials: Wood Siding
  • Total Stories: 1
Utilities
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Well, Private
Interior and Exterior Features
Exterior Features
  • Patio And Porch Features: Deck
Interior Features
  • Appliances: Microwave, Refrigerator, Range, Oven, Electric Water Heater
  • Basement: Crawl Space, Block
  • Has Basement: No
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Cooling: Ceiling Fan(s)
  • Has Cooling: Yes
  • Fireplace Features: Gas
  • Has Fireplace: Yes
  • Heating: Natural Gas
  • Has Heating: Yes
  • Interior Features: Cathedral Ceiling(s)
  • Main Level Bathrooms: 1
  • Water Heater: Electric
Room Information
Room 1
  • Description: Wood
  • Dimensions: 11x8
  • Length: 11.0
  • Level: Main
  • Type: Bedroom 2
  • Width: 8.0
Room 2
  • Description: Wood
  • Dimensions: 18x10
  • Length: 18.0
  • Level: Main
  • Type: Living Room
  • Width: 10.0
Room 3
  • Description: Wood
  • Dimensions: 10x9
  • Length: 10.0
  • Level: Main
  • Type: Bedroom 1
  • Width: 9.0
Room 4
  • Dimensions: 10x9
  • Length: 10.0
  • Level: Main
  • Type: Kitchen
  • Width: 9.0

Property History for 566 West Traverse Lake Road

DateEvent & SourcePriceAppreciation
Jun 10, 2024

Sold

MiRealSource #80046105

$405,000
May 27, 2024

Contract Signed

MiRealSource #80046105

May 21, 2024

Listed (Active)

MiRealSource #80046105

$335,000
DateEvent & SourcePrice
06/10/2024

Sold

MiRealSource #80046105

$405,000
05/27/2024

Contract Signed

MiRealSource #80046105

05/21/2024

Listed (Active)

MiRealSource #80046105

$335,000

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

Public Records for 566 West Traverse Lake Road

Taxable ValueLand-Additions-Total-
Tax Record2025$1,703 ($142 / month)
Home Facts
Beds0Baths1Lot Size37,026 SqFtStyleSingle Family ResidenceYear Built1960Year Renovated1960CountyLEELANAUAPN003-010-018-50

Schools near 566 West Traverse Lake Road

This home is within Leland Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 12
Rating
School
Distance
Leland Public School
PublicPK to 12

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-Glen A

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