9587 Palaestrum Road

5,927 Sq. Ft.
$253 / Sq. Ft.
5,927
Sq. Ft.
$253
per Sq. Ft.

Description

You'll know you have arrived "Up North" when you enter this gorgeous Elk Lake home that invites in the beauty of the nature that surrounds it while providing for all the creature comforts. The lake is showcased in nearly every room in this thoughtfully designed Shores of Palastra home conveniently located on the SW side of Elk Lake close to the charming village of Elk Rapids yet just 20 minutes to Traverse City's attractions. The crescent ceiling of the foyer draws the eye to the panoramic lake view...You'll know you have arrived "Up North" when you enter this gorgeous Elk Lake home that invites in the beauty of the nature that surrounds it while providing for all the creature comforts. The lake is showcased in nearly every room in this thoughtfully designed Shores of Palastra home conveniently located on the SW side of Elk Lake close to the charming village of Elk Rapids yet just 20 minutes to Traverse City's attractions. The crescent ceiling of the foyer draws the eye to the panoramic lake view with 210 feet of private frontage. The stunning great room features a stone with oak wood burning fireplace, 15 ft oak beaming ceiling & specially lit games area. Kitchen & Dining rooms feature antiqued Chestnut floors with garden & lake views. Custom cabinetry w/a large built in hutch, granite topped island and bar surround contrasting Corian counter tops, tumbled marble backsplash w/hand designed tiles make this kitchen a delightful work space. Wake up every morning to stunning lake views in the master suite which features walk in closets & a large bathroom w/custom cabinetry, heated tile floors, double sinks, seated vanity area, large walk in shower w/curved tiled & glass, bathtub alcove & water closet. Lower level has spacious family room, 3 large bedrooms, office & beach entry bathroom with curved redwood walls & in floor heat. Home has laundry rooms on both floors, shop can be accessed from the garage as well as outside. Expansive cedar & aluminum deck as well as stone patio take advantage of the amazing setting with woods, lake, waterfall & gardens. Convenient outdoor shower keeps the beach sand outdoors. Conservancy land behind home, private setting! NEW Roof, 3 Garage Doors, Exterior Paint, Carpet, Furnaces
  1. Listed by Camille Y Campbell • Coldwell Banker Schmidt-402
    P: (231)-944-9385 camilleycampbell@gmail.com

Property Details for 9587 Palaestrum Road

Subdivision Name
SHORES OF PALASTRA
Architectural Style
Contemporary, Craftsman
View
Water
Has View
Yes
Waterfront Features
All Sports Lake, Dock Facilities, Water Access Rights, Waterfront, Sandy Bottom
Waterfront
Yes
Zoning Description
Residential
LISTING CLOSED: 08/31/2018 12:00 AM

Property Details for 9587 Palaestrum Road

StatusClosed
MLS #78001179592
Days on Market1699
Taxes$13,460 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1998
Lot Size1.40 AC / 60,983 SF
CountyGrand Traverse County

Location

Listing Courtesy of Coldwell Banker Schmidt-402

Sold By Coldwell Banker Schmidt-Elk Ra

Add your commute

Building Information for 9587 Palaestrum Road

Stories-Year Built1998Building Size-Lot Size1.40 AC / 60,983 SF

Payment Calculator

$8,746 per month

30 year fixed, 6.55% Interest

Principal and Interest

$7,624

Property Taxes

$1,122

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 9587 Palaestrum Road

Summary
Location and General Information
  • Directions: From M-31 or M-72 Elk Lake Road to Palaestrum
  • Latitude: 44.807472
  • Longitude: -85.385958
  • MLS Area Major: White Water Twp (28013)
  • Water Body Name: Elk Lake
Taxes and HOA
  • Parcel Number: 281373001200
  • Tax Amount Summer: $9,462.01
  • Tax Amount Winter: $3,998.11
  • Tax Annual Amount: $13,460.12
  • Tax Assessed Value: $568,022.00
  • Tax Legal Description: UNIT 11 & 12 SHORES OF PALASTRA
School Information
  • High School District: Elk Rapids
Parking
  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Garage: Yes
  • Parking Features: Three Car Garage, Attached, Garage, Heated Garage, Garage Door Opener
Virtual Tour
Property
Lot Information
  • Frontage Length: 210
  • Lot Size Acres: 1.4
  • Lot Size Dimensions: 210x290
  • Water Frontage Feet: 210.0
  • Frontage Type: Waterfront
  • Lot Features: Cleared, Water View, Sprinklers, Wooded
  • Road Frontage Type: Private Road
  • Road Responsibility: Private Maintained Road
Farm Information
  • Other Equipment: Intercom
Property and Assessments
  • State Equalized Value: 863200.0
  • Living Area: 5927.0
  • Building Area Total: 5927.0
  • Above Grade Finished Area: 3000.0
  • Below Grade Finished Area: 2927.0
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Total Area: 2927.0
  • Class Name: Residential
  • Property Condition: Site Condo
  • Year Built: 1998
Building Features
  • Construction Materials: Stone, Wood Siding
  • Foundation Details: Basement, Stone, Wood
Green Features
  • Green Energy Efficient: Thermostat, Windows
  • Green Water Conservation: Low-Flow Fixtures
Utilities
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Well
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 2.1
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Water Softener Owned
  • Basement: Concrete, Finished, Full, Walk Out Access
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 4
  • Cooling: Ceiling Fans, Central Air, Exhaust Fan
  • Has Cooling: Yes
  • Fireplace: Yes
  • Heating: Forced Air, Propane
  • Has Heating: Yes
  • Interior Features: Cathedral Ceilings, Central Vacuum, Entrance Foyer, Pantry
  • Laundry Features: Main Level
  • Main Level Bathrooms: 2
  • Rooms Total: 12
  • Security Features: Security System
  • Window Features: Window Treatments
Exterior Features
  • Patio And Porch Features: Deck, Patio, Porch
Room Information
Room 1
  • Room Description: Carpet
  • Room Dimensions: 20x13
  • Room Length: 20.0
  • Room Width: 13.0
  • Room Level: Lower
  • Room Type: Bedroom 4
Room 2
  • Room Description: Carpet
  • Room Dimensions: 24x23
  • Room Length: 24.0
  • Room Width: 23.0
  • Room Level: Main
  • Room Type: Living Room
Room 3
  • Room Description: Carpet
  • Room Dimensions: 18x11
  • Room Length: 18.0
  • Room Width: 11.0
  • Room Level: Lower
  • Room Type: Bedroom 2
Room 4
  • Room Dimensions: 26x14
  • Room Length: 18.0
  • Room Width: 13.0
  • Room Flooring: Carpet
  • Room Level: Main
  • Room Type: Kitchen
Room 5
  • Room Description: Carpet
  • Room Dimensions: 14x13
  • Room Length: 18.0
  • Room Width: 11.0
  • Room Flooring: Carpet
  • Room Level: Lower
  • Room Type: Bedroom 3
Room 6
  • Room Dimensions: 10x10
  • Room Length: 14.0
  • Room Width: 13.0
  • Room Flooring: Carpet
  • Room Level: Main
  • Room Type: Laundry
Room 7
  • Room Description: Carpet
  • Room Dimensions: 18x13
  • Room Length: 20.0
  • Room Width: 13.0
  • Room Flooring: Carpet
  • Room Level: Main
  • Room Type: Bedroom 1
Room 8
  • Room Description: Carpet
  • Room Dimensions: 24x24
  • Room Length: 14.0
  • Room Width: 12.0
  • Room Flooring: Wood
  • Room Level: Lower
  • Room Type: Family Room
Room 9
  • Room Description: Wood
  • Room Dimensions: 14x12
  • Room Length: 24.0
  • Room Width: 24.0
  • Room Flooring: Carpet
  • Room Level: Main
  • Room Type: Dining Room
Room 10
  • Room Type: Great Room
Room 11
  • Room Length: 24.0
  • Room Width: 23.0
  • Room Flooring: Carpet
  • Room Level: Main
  • Room Type: Living Room
Room 12
  • Room Length: 26.0
  • Room Width: 14.0
  • Room Flooring: Wood
  • Room Level: Main
  • Room Type: Kitchen
Agent
Sale and Listings
  • Public GLR Website: Yes

Property History for 9587 Palaestrum Road

DateEvent & SourcePriceAppreciation
Aug 31, 2018

Sold

Realcomp #78001179592

$1,500,000
Aug 31, 2018

Sold

MiRealSource #1179592

$1,500,000
Jul 31, 2018

Contract Signed

Realcomp #78001179592

DateEvent & SourcePrice
08/31/2018

Sold

Realcomp #78001179592

$1,500,000
08/31/2018

Sold

MiRealSource #1179592

$1,500,000
07/31/2018

Contract Signed

Realcomp #78001179592

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

Public Records for 9587 Palaestrum Road

Taxable ValueLand-Additions-Total-
Tax Record2025$21,926 ($1,827 / month)
Home Facts
Beds4Baths3.5Total Finished SqFt5,927 SqFtAbove Grade Finished SqFt5,927 SqFtStories1Lot Size60,984 SqFtStyleSingle Family ResidenceYear Built1998Year Renovated1998CountyGRAND TRAVERSEAPN13-730-012-00

Schools near 9587 Palaestrum Road

This home is within Elk Rapids Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Mill Creek Elementary School
PublicPK to 5

Cherryland Middle School
Public6 to 8

Elk Rapids High School
Public9 to 12

Lakeland Elementary School
PublicPK to 5

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. 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 Coldwell Banker Schmidt-402

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