Sold
Last Sold Price
3 beds1,380 sqft

742 Lakewood Road, Traverse City, MI 49685

Single FamilyProperty Type
0.53 acresLot Size
1960Year Built
$895/sq ftPrice per sq ft
3 carsParking Spaces

Description

Welcome to your lake retreat! This meticulously maintained property on exclusive Lakewood Dr offers a rare opportunity to own a lakefront home in a highly desirable location. The 2-bedroom, 1-bath cottage exudes charm with its log cabin appearance, but it's actually constructed of solid concrete for low maintenance and durability. The property also features a detached garage with a second-floor loft, kitchenette, and bathroom, providing additional space for guests or recreational activities. The...Welcome to your lake retreat! This meticulously maintained property on exclusive Lakewood Dr offers a rare opportunity to own a lakefront home in a highly desirable location. The 2-bedroom, 1-bath cottage exudes charm with its log cabin appearance, but it's actually constructed of solid concrete for low maintenance and durability. The property also features a detached garage with a second-floor loft, kitchenette, and bathroom, providing additional space for guests or recreational activities. The garage is a valuable asset, offering versatility and convenience! Have the family and friends out to the lake, while maintaining your privacy! One of the highlights of this property is its 100% sandy bottom and gentle slope, creating the perfect beachfront setting. Enjoy the beauty and tranquility of the lake with none of the hassle, as Lakewood Dr, a paved county road, offers a private feel without any dues or upkeep. The septic system was upgraded around 2000 and has been designed and sized for a 4+ bedroom home, demonstrating the potential to build your forever home on this beautiful property. Building plans are even available, making it easier to envision your dream lakefront residence. Don't miss out on this rare opportunity to own a piece of paradise on exclusive Lakewood Dr. Lakefront homes on this street rarely come on the market, so act quickly to secure this coveted property. Contact us now for more information and to schedule a viewing.
  • Listed by: William Kaupas 231.392.9445 William@socialrealty.com • Social Realty, LLC
Listing closed: 07/15/2023 12:00 AM • Source: Realcomp, MLS#: 78080006516
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Location

Listing Courtesy of Social Realty, LLC

Sold By Coldwell Banker Schmidt-522

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Payment Calculator

$7,160 per month

30 year fixed, 7.03% Interest

Principal and Interest

$6,593

Property Taxes

$567

HOA Dues

$0

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Property Information for 742 Lakewood Road

Property Details

  • Taxes: $6,805 / year
  • MLS Type: Residential / Single Family Residence
  • View: Water
  • Has View: Yes
  • Waterfront Features: All Sports Lake, Water Access Rights, Waterfront, Sandy Bottom
  • Waterfront: Yes
  • Zoning Description: Residential

Building Information

  • Year Built: 1960
  • Lot Size: 0.53 AC / 23,086 SF

Summary

Location and General Information
  • Directions: Turn East onto Lakewood. Property is on left approx 9 driveways down.
  • Latitude: 44.701957
  • Longitude: -85.756611
  • MLS Area Major: Long Lake Twp (28008)
  • Water Body Name: Long Lake
Taxes and HOA
  • Parcel Number: 0828500110
  • Tax Amount Summer: $5,669.71
  • Tax Amount Winter: $1,135.17
  • Tax Annual Amount: $6,804.88
  • Tax Assessed Value: $154,980.00
  • Tax Legal Description: . COM NW COR LOT 1 TH S 248.26' TO MABLE ST NELY LINE TH ALG SD LINE S 29 DEG 45'E 11.5' TO POB TH S 29 DEG 45' E 87' TH N 50 DEG 24' E 234.83' TO LONG LAKE TH N35 DEG 21' W ALG SHR 100' TH S 46 DEG 52' W 227.76' TO POB PICKERAL POINT.
School Information
  • Elementary School: Long Lake Elementary School
  • High School: Traverse City West Senior High
  • High School District: Traverse City
  • Middle Or Junior School: Traverse City West Middle Scho
Parking
  • Garage Spaces: 3.0
  • Garage: Yes
  • Parking Features: Three Car Garage, Detached, Garage

Property

Lot Information
  • Frontage Length: 100
  • Lot Size Acres: 0.53
  • Lot Size Dimensions: 100x232
  • Water Frontage Feet: 100.0
  • Frontage Type: Waterfront
  • Lot Features: Water View, Wooded
Property and Assessments
  • State Equalized Value: 307000.0
  • Living Area: 1380.0
  • Building Area Total: 1380.0
  • Above Grade Finished Area: 1380.0
  • Above Grade Finished Area Units: Square Feet
  • Class Name: Residential
  • Other Structures: Sheds
  • Year Built: 1960
Building Features
  • Construction Materials: Log, Other, Wood Siding
  • Foundation Details: Slab, Wood
  • 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: Oven, Refrigerator, Range
  • Has Basement: No
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Has Cooling: No
  • Fireplace: Yes
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Interior Features: Pantry
  • Laundry Features: Main Level
  • Main Level Bathrooms: 2
  • Rooms Total: 6

Room Information

Room 1
  • Room Length: 12.0
  • Room Width: 12.0
  • Room Level: Main
  • Room Type: Laundry
Room 2
  • Room Dimensions: 15x15
  • Room Length: 12.0
  • Room Width: 12.0
  • Room Level: Main
  • Room Type: Kitchen
Room 3
  • Room Dimensions: 15x20
  • Room Length: 20.0
  • Room Width: 22.0
  • Room Flooring: Wood
  • Room Level: Main
  • Room Type: Living Room
Room 4
  • Room Description: Wood
  • Room Dimensions: 20x22
  • Room Length: 20.0
  • Room Width: 22.0
  • Room Level: Upper
  • Room Type: Bedroom 3
Room 5
  • Room Dimensions: 12x12
  • Room Length: 12.0
  • Room Width: 12.0
  • Room Level: Main
  • Room Type: Bedroom 1
Room 6
  • Room Dimensions: 12x12
  • Room Length: 15.0
  • Room Width: 15.0
  • Room Level: Main
  • Room Type: Bedroom 2
Room 7
  • Room Level: Main
  • Room Type: Laundry
Room 8
  • Room Length: 15.0
  • Room Width: 20.0
  • Room Level: Main
  • Room Type: Living Room

Agent

Sale and Listings
  • Public GLR Website: Yes

Property History for 742 Lakewood Road

DateEvent & SourcePriceAppreciation
Jul 15, 2023

Sold

Realcomp #78080006516

$1,235,000—
Jul 15, 2023

Sold

MiRealSource #80006516

$1,235,000—
Jun 15, 2023

Contract Signed

Realcomp #78080006516

—
DateEvent & SourcePrice
07/15/2023

Sold

Realcomp #78080006516

$1,235,000
07/15/2023

Sold

MiRealSource #80006516

$1,235,000
06/15/2023

Contract Signed

Realcomp #78080006516

—

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

Public records

742 Lakewood Road

Beds

4

Baths

6

Total Finished SqFt

3,815 SqFt

Above Grade Finished SqFt

3,815 SqFt

Stories

1

Lot Size

23,217 SqFt

Schools near 742 Lakewood 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 12
Rating
School
Distance
Westwoods Elementary School
PublicPK to 5

West Middle School
Public6 to 8

West Senior High
Public9 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 742 Lakewood Road, Traverse City, MI 49685
$1,235,000
3
1,380
23,086
–
–
1
1,253
9,148
–
–
2.5
1,636
25,395
–
3
3.5
2,577
42,689
–
–
2.5
2,083
26,223
$336,000
4
3
2,588
209,088

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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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Social Realty, LLC

IDX provided courtesy of Realcomp II Ltd. via Compass and its related brokerages. Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The data relating to real estate properties on this website was last updated on 12/11/2023 05:04 PM PST