5179 Silver Shores Lane, Traverse City, MI 49685

$430,000
3
BD
1
BA
864
SqFt
List Price
$430,000
Days on Market
9
Status
ACTIVE
MLS#
1926759
Bedrooms
3
Bathrooms
1
Full Baths
1
Living Area
864
Lot Size (Acres)
0.29
Style
Ranch
Year Built
1978

Property Description

This adorable year-round cottage offers 181’ of shared waterfront on Silver Lake, shared by only seven other homeowners. Whether you're looking for a peaceful summer getaway or a smart investment, this property is a fantastic opportunity. One of the larger cottages in this small community, this unit features three bedrooms, a full bathroom, and the convenience of an in-unit washer and dryer. Almost all other units only have two bedrooms and shared laundry. The property includes a crawl space for extra storage and your own designated space in the shared garage. The community amenities truly set this property apart. Enjoy access to a gazebo, a fire pit, and a play area perfect for the kids. Plus, this cottage has a proven track record as a successful short-term rental, making it a turn-key investment. It’s being sold fully furnished, including two kayaks. The washer/dryer unit and kitchen counter top were replaced in 2023. Whether you're looking for a tranquil summer retreat or a promising rental property, this cottage is ready to welcome you.

Additional Information

Building Name
Silver Shores
Stories
1
Interior Features
Other, Solid Surface Counters, Ceiling Fan(s), Cable TV, DSL, WiFi
Amenities
None
Flooring
Laminate, Carpet
View
Water
Heating
Forced Air, Natural Gas
Cooling
Central Air
Water
Shared Well
Sewer
Shared Septic
School District
Traverse City Area Public Schools

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Century 21 Northland.