Traverse City, MI 49685,8064 Shady Lane
$525,000
$479,900
9.4%
Est.Price: ?

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3 BD
2 BA
1,662 SqFt

8064 Shady Lane Traverse City, MI 49685

Est. payment /mo
SOLD DATE : 07/12/2024

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Key Details

Sold Price $525,000

Property Type Single Family Home

Sub Type Cottage

Listing Status Sold

Purchase Type For Sale

Square Footage 1,662 sqft

Price per Sqft $315

Subdivision Peninsula Estates

MLS Listing ID 78080047149

Sold Date 07/12/24

Style Cottage

Bedrooms 3

Full Baths 2

HOA Fees $29/ann

HOA Y/N yes

Originating Board Aspire North REALTORS®

Year Built 1974

Annual Tax Amount $4,986

Lot Size 0.500 Acres

Acres 0.5

Lot Dimensions irregular

Property Description

Nestled on a quiet wooded lot in Long Lake Peninsula Association, this property would make a wonderful primary home or a great investment property. The association includes shared access to Long Lake with boat launch, dock, and a swimming raft. There is also a recreation area with picnic tables, volleyball, softball, and a playground, just around the corner from the home. The house is currently a single family home with two wings/cottage spaces separated by sliding barn doors that can be closed and secured if desired. Each side has its own kitchen area, full bath, and living room. Could easily be converted back to a duplex. Live on one side, income produce on the other. Less than 10 miles to downtown TC. For more information on the association visit www.longlakepeninsula.org This home has an established short term rental history, grossing 81k in 2023. One selling individual is a licensed real estate agent in state of Michigan

Location

State MI

County Grand Traverse

Area Long Lake Twp

Rooms

Kitchen Dryer, Oven, Range/Stove, Refrigerator, Washer

Interior

Interior Features Other, Water Softener (rented)

Hot Water Natural Gas

Heating Forced Air, Other, Wall/Floor Furnace

Fireplace yes

Appliance Dryer, Oven, Range/Stove, Refrigerator, Washer

Heat Source Natural Gas

Exterior

Waterfront Description Shared Water Frontage,Water Front,Lake/River Priv

Water Access Desc All Sports Lake

Porch Deck, Patio

Road Frontage Private

Garage no

Building

Lot Description Water View, Wooded

Foundation Basement

Sewer Septic Tank (Existing)

Water Well (Existing)

Architectural Style Cottage

Level or Stories 1 1/2 Story

Structure Type Wood

Schools

School District Traverse City

Others

Pets Allowed Yes

Tax ID 0825508100

Ownership Private Owned

Acceptable Financing Cash, Conventional, VA, Trade/Exchange

Listing Terms Cash, Conventional, VA, Trade/Exchange

Financing Cash,Conventional,VA,Trade/Exchange

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Realcomp MLS
Listed by Kara Gelven of Peninsula Properties Realty
Bought with Five Star Real Estate - Front St TC

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Carrie Thompson

Digital Marketing Realtor | License ID: 6501338662

+1(810) 893-3269

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