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$335,000   Price Analysis
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566 W Traverse Lake Rd
Maple City, MI 49664
2 bed 1 bath 588 SqFt ($569/SqFt)
0.85 acre lot. Built 1960
Listed 2024-05-21, Taxes $1,493
USDA Eligible
near Maple City, MI
 

This may be your opportunity to own that cottage in the woods Up North that youve been dreaming of.

* No Longer For Sale *
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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 n Little Traverse Lake, Good Harbor Beach, the Heritage bike trail and hiking trails are all within 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.


Presented by Peter Fisher at
Coldwell Banker Schmidt-Glen A.
Listing Agent Photo

Property MLS #1922531 from NGLRMLS

Bedrooms: 2
Bedroom 1 Dimensions: 9' x 10'
Bedroom 2 Dimensions: 8' x 11'
Bedroom 1 Level: Main Floor
Bedroom 2 Level: Main Floor
Bedroom 1 Features: Flooring: Wood
Bedroom 2 Features: Flooring: Wood

Total Bathrooms: 1
3/4 Bathrooms: 1
Bathrooms On Main Level: 1

Solid Surface Counters
Vaulted Ceilings
Paneling

Refrigerator
Oven/Range
Microwave
Ceiling Fan
Electric Water Heater

Fireplace Features: Fireplace(s), Gas
Heating Fuel: Natural Gas

Kitchen Dimensions: 9' x 10'
Kitchen Features: Flooring: Wood
Kitchen Level: Main Floor

Living Room Dimensions: 10' x 18'
Living Room Level: Main Floor
Living Room Features: Flooring: Wood

Sprinkler System
Deck
Roads: Public Maintained, Blacktop

Creek

Wooded
Some Lowland Areas
Level
Lot Description: Metes and Bounds
Lot Size Acres: 0.85
Lot Size Dimensions: 223'x136'x226'x189'
Lot Size Square Feet: 37026

Driveway: Gravel

Association: No
Calculated Total Monthly Association Fees: 0

School District: Leland Public School District

Leland Public School is a public elementary, middle and high school located approximately 8.8 miles away.
directions icon Map directions

Source Listing Status: Sold Co-op Member
County: Leelanau
Directions: From M22, north on W Traverse Lake Rd, cottage is 1/10th of a mile north on the right (east). Look for sign.
Source Property Type: Residential
Township: Cleveland
Zoning: Rental History
Property Subtype: Single Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$unknown + $unknown
$66,500
$1,493
2022$unknown + $unknown
$46,500
$1,423
2019$unknown + $unknown
$47,700
$1,254

Sold 2024-06-10
$405,000
NGLRMLS
Listed 2024-05-21
$335,000
NGLRMLS
Sold 2018-06-20
$59,900
NGLRMLS
Listed 2018-06-09
$59,500
NGLRMLS

Total Square Feet Living: 588
Year Built: 1960
Above Grade Finished Area: 588
Building Exterior Type: Wood, Rough-Sawn
Other Buildings: Garden/Storage Shed
Construction Materials: Frame
Foundation Details: Crawl Space, Block
Property Age: 64
Roof: Asphalt
House Style: Cottage, 1 Story

Sewer: Shared Septic
Television: Cable TV, Cable Internet
Water Source: Private Well

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.