Bi-level property on 2.4 acres located in the beautiful city of Traverse City, Michigan offering a fantastic opportunity for both homeowners and investors. One of the standout features of this property is its prime location. Situated adjacent to a county-owned nature preserve, you'll have direct access to the scenic Boardman River and the Boardman Ottawa River Trail right from your own backyard. Nature lovers and outdoor enthusiasts will truly appreciate this unique feature. As you approach the front yard, you'll be greeted by a mature weeping pink cherry tree that adds a touch of elegance and charm to the property. The landscaped yard also includes a lighted walkway, waterfall pond, fountain, field stone accent edging, and a sprinkler system - creating a serene and picturesque setting. Inside the home boasts a wood fireplace on each level, providing warmth and coziness during the colder months. The living room opens up to an elevated walk-out deck, offering the perfect spot for relaxation and outdoor entertainment. Newly refinished oak flooring on the main level is the perfect match for any interior design plan and a spacious kitchen has the potential to be a chef's delight. Downstairs, you'll discover a retro Rec Room complete with a wet bar - perfect for hosting gatherings or enjoying some downtime. With its versatile layout and ample space, this property has limitless possibilities as either a single-family compound or an exceptional rental income opportunity.
Sold for $375,000 on 01/29/25
$375,000
359 N Keystone Rd, Traverse City, MI 49696
4beds
2,324sqft
Single Family Residence
Built in 1967
2.4 Acres Lot
$383,600 Zestimate®
$161/sqft
$3,247 Estimated rent
Home value
$383,600
$341,000 - $430,000
$3,247/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 31, 2025 at 09:36am
Listed by:
Mark Hagan 231-929-7985,
Coldwell Banker Schmidt Traver 231-922-2350
Bought with:
Kimberly Kamrow, 6501373846
Keller Williams Northern Michigan
Source: NGLRMLS,MLS#: 1923724
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 140
- Dimensions: 14 x 10
Bedroom 2
- Level: Main
- Area: 156
- Dimensions: 13 x 12
Bedroom 3
- Level: Main
- Area: 115
- Dimensions: 11.5 x 10
Bedroom 4
- Level: Lower
- Area: 126.5
- Dimensions: 11.5 x 11
Primary bathroom
- Features: Shared
Dining room
- Level: Main
- Length: 19
Family room
- Level: Main
- Area: 253
- Dimensions: 22 x 11.5
Kitchen
- Level: Main
- Width: 14.5
Living room
- Level: Main
- Area: 270
- Dimensions: 22.5 x 12
Heating
- Baseboard, Oil, Fireplace(s)
Cooling
- Window Unit(s), Window A/C Unit(s)
Appliances
- Included: Refrigerator, Dishwasher, Water Softener Owned, Washer, Dryer, Oven, Cooktop, Exhaust Fan, Water Heater
- Laundry: Lower Level
Features
- Bookcases, Entrance Foyer, Solid Surface Counters, Kitchen Island, Drywall, Ceiling Fan(s), Cable TV, High Speed Internet, DSL, WiFi
- Flooring: Wood, Carpet, Concrete
- Windows: Blinds
- Basement: Full,Walk-Out Access,Egress Windows,Finished
- Has fireplace: Yes
- Fireplace features: Insert, Wood Burning
Interior area
- Total structure area: 2,324
- Total interior livable area: 2,324 sqft
- Finished area above ground: 2,324
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage Door Opener, Paved, Concrete Floors, Concrete, Private
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Bi-Level
- Patio & porch: Deck
- Exterior features: Sprinkler System, Garden
- Has spa: Yes
- Spa features: Bath
- Has view: Yes
- View description: Countryside View
- Waterfront features: None
Lot
- Size: 2.40 Acres
- Dimensions: 200 x 526 x 212 x 454
- Features: Cleared, Wooded, Evergreens, Level, Landscaped, Metes and Bounds, Split Possible, Joins State/Federal Land
Details
- Additional structures: Shed(s)
- Parcel number: 0503402000
- Zoning description: Residential,Outbuildings Allowed
- Other equipment: Satellite Dish, Dish TV
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1967
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Community & neighborhood
Community
- Community features: None
Location
- Region: Traverse City
- Subdivision: metes & bounds
HOA & financial
HOA
- Services included: None
Other
Other facts
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 1/29/2025 | Sold | $375,000$161/sqft |
Source:  NGLRMLS #1923724 | ||
| 12/12/2024 | Price change | $375,000-5.7%$161/sqft |
Source: NGLRMLS #1923724 | ||
| 9/20/2024 | Price change | $397,500-6.5%$171/sqft |
Source: NGLRMLS #1923724 | ||
| 6/19/2024 | Listed for sale | $425,000+153.7%$183/sqft |
Source: NGLRMLS #1923724 | ||
| 2/23/2001 | Sold | $167,500$72/sqft |
Source: Agent Provided | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,643 +5.1% | $165,200 +3.1% |
| 2024 | $2,515 +4.2% | $160,200 +14.3% |
| 2023 | $2,413 +3.4% | $140,200 +2.7% |
Find assessor info on the county website
Neighborhood: 49696
Nearby schools
GreatSchools rating
- 7/10Cherry Knoll Elementary SchoolGrades: PK-5Distance: 3.8 mi
- 8/10East Middle SchoolGrades: 6-8Distance: 3.9 mi
- 9/10Central High SchoolGrades: 8-12Distance: 5.9 mi
Schools provided by the listing agent
- District: Traverse City Area Public Schools
Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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