7492 S Lakeview Road $1,050,000


    7492 S Lakeview Road Traverse City, MI 49684

    Sold Co-op Member


    Market Estimate
    • 2 Beds
    • 1.5 Baths
    • 1,248 sq. ft.
    • Residential
    • MLS# 1889779
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    Views: 58

    Property Details

    Exceptionally deep 5.09+ acre wooded parcel offering 293' of desirable western facing private water frontage on South Lake Leelanau! This unique opportunity includes an existing 1,248 sq ft, 2 bedroom & 1.5 bath cottage at the water's edge sitting above a two-stall boathouse! Use the current boathouse as a vacation property while planning the construction of your Leelanau County dream home on this hard to find estate sized parcel just 10 miles from Downtown Traverse City! Very quiet and peaceful location set back from the roadway, survey and permit for a future 5 bedroom replacement drainfield on file.

    • General Features
      • Approx Year Built 1951
      • Type Residential
      • Type of Ownership Private Owner
      • Town T 29N
      • Township Bingham
      • Private Shared Private
      • Mineral Rights Unknown
    • Building Features
      • Above Gr. FINISHED SF Apx 1248
      • Additional Buildings Boat House
      • Appliances Equipment Refrigerator, Oven/Range, Electric Water Heater
      • Condo No
      • Exterior Finish Wood
      • Below Gr FINISHED SF Apx 0
      • Below Gr UNFIN SF Apx 0
      • Fireplaces And Stoves Fireplace(s), Wood
      • Foundation Block, Other, Unfinished
      • Garage Capacity 0
      • Heating Cooling Sources Propane
      • Heating Cooling Types Forced Air
      • Master Bath None
      • # Baths: Lower 0
      • # Baths: Main 1
      • # Baths: Upper 1
      • Bedrooms 2
      • Full Bathrooms 1
      • Half Bathrooms 1
      • Three-Qtr Bathrooms 0
      • Primary Garage None
      • Roof Asphalt
      • Style 1.5 Story, Other, Cottage
      • TV Service/Internet Available Cable Internet, Cable TV
      • Bathrooms 1.5
      • Total FINISHED SF Apx 1,248
    • Room Features
      • Bedroom 1 Floor Covering Wood
      • Bedroom 1 Length Apx 10.05
      • Bedroom 1 Level Upper Floor
      • Bedroom 1 Width Apx 12.03
      • BR2 Floor Covering Wood
      • BR2 Length Apx 9.06
      • BR2 Level Upper Floor
      • BR2 Width Apx 11.03
      • Dining Room Floor Covering Wood
      • Dining Room Length Apx 14.01
      • Dining Room Level Main Floor
      • Dining Room Width Apx 11.01
      • Kitchen Floor Covering Vinyl
      • Kitchen Length Apx 9.05
      • Kitchen Level Main Floor
      • Kitchen Width Apx 13.04
      • Laundry Level None
      • Living Room Floor Covering Wood
      • Living Room Length Apx 15.03
      • Living Room Level Main Floor
      • Living Room Width Apx 23.00
    • Property Features
      • Body of Water South Lake Leelanau
      • Water Front Footage 293
      • Number of Acres 5.09
      • Water Private Well
      • Water Features All Sports, Bluff (less than 10ft), Gradual Slope to Water, Inland Lake, Priv Frontage (Wtr Side), Rocky Shoreline, Sandy Bottom, Sandy Shoreline, Vegetation to Water Edge
      • Univs Design/Barrier Free Main Floor Access
      • Road Blacktop, Public Maintained
      • Sewer Private Septic
      • Development Amenities None
      • Driveway Dirt, Easement, Gravel, Shared
      • Exterior Features Countryside View, Covered Porch
      • Construction Frame
      • Lot Dimensions See Survey
      • Land Features Cleared, Wooded, Wooded-Hardwoods
    • Schools
      • School District Traverse City Area Public School


    49684 (Traverse City) Demographics

    42 Median Age
    393 Population Density (per sq. mile)
    45% College Educated
    $53,143 Estimated Median Income
    11,866 Estimated Total Home Owners
    4,086 Estimated Total Renters
    74% / 26% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    39,614 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $413,000 Median Sales Price
    34 Homes Sold
    45 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $1,250,000 19.05%
        8/24/2021 3:00:00 AM Sold Source: Multiple Listing Service New Value: $1,050,000 -4.55%
        8/2/2021 10:21:00 AM Status Changed Source: Multiple Listing Service New Value: Active U/C Taking Backups
        8/1/2021 4:05:59 AM Status Changed Source: Multiple Listing Service New Value: Active
        7/29/2021 1:35:59 PM Status Changed Source: Multiple Listing Service New Value: Price Change
        7/29/2021 1:35:59 PM Price Reduced Source: Multiple Listing Service New Value: $1,100,000 -7.49%
        7/17/2021 4:05:58 AM Status Changed Source: Multiple Listing Service New Value: Active
        7/14/2021 10:05:54 AM Status Changed Source: Multiple Listing Service New Value: Price Change
        7/14/2021 10:05:54 AM Price Reduced Source: Multiple Listing Service New Value: $1,189,000
        7/5/2021 4:30:58 AM Status Changed Source: Multiple Listing Service New Value: Active
        The data relating to real estate for sale on this web site comes in part from the Internet Data exchange ("IDX") program of Northern Great Lakes REALTORS MLS. All information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.