Welcome to your lake retreat! This meticulously maintained property on exclusive Lakewood Dr offers a rare opportunity to own a lakefront home in a highly desirable location. The 2-bedroom, 1-bath cottage exudes charm with its log cabin appearance, but it's actually constructed of solid concrete for low maintenance and durability. The property also features a detached garage with a second-floor loft, kitchenette, and bathroom, providing additional space for guests or recreational activities. The garage is a valuable asset, offering versatility and convenience!! Have the family and friends out to the lake, while maintaining your privacy! One of the highlights of this property is its 100% sandy bottom and gentle slope, creating the perfect beachfront setting. Enjoy the beauty and tranquility of the lake with none of the hassle, as Lakewood Dr, a paved county road, offers a private feel without any dues or upkeep. The septic system was upgraded around 2000 and has been designed and sized for a 4+ bedroom home, demonstrating the potential to build your forever home on this beautiful property. Building plans are even available, making it easier to envision your dream lakefront residence. Don't miss out on this rare opportunity to own a piece of paradise on exclusive Lakewood Dr. Lakefront homes on this street rarely come on the market, so act quickly to secure this coveted property. Contact us now for more information and to schedule a viewing.
Sold for $1,235,000
$1,235,000
742 Lakewood Rd, Traverse City, MI 49685
3beds
1,380sqft
Single Family Residence
Built in 1960
0.53 Acres Lot
$1,828,300 Zestimate®
$895/sqft
$2,170 Estimated rent
Home value
$1,828,300
$1.59M - $2.12M
$2,170/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 30, 2023 at 09:52am
Listed by:
William Kaupas,
Social Realty, LLC 231-392-9445
Bought with:
Bryan Olshove, 6501314898
Coldwell Banker Schmidt-522
Source: NGLRMLS,MLS#: 1911040
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Bedroom 2
- Area: 144
- Dimensions: 12 x 12
Bedroom 3
- Level: Upper
- Area: 440
- Dimensions: 20 x 22
Primary bathroom
- Features: Shared
Kitchen
- Level: Main
- Area: 225
- Dimensions: 15 x 15
Living room
- Level: Main
- Area: 300
- Dimensions: 15 x 20
Heating
- Forced Air, Natural Gas, Fireplace(s)
Appliances
- Included: Refrigerator, Oven/Range
- Laundry: Main Level
Features
- Pantry, Cable TV, WiFi
- Flooring: Wood
- Has fireplace: Yes
Interior area
- Total structure area: 1,380
- Total interior livable area: 1,380 sqft
- Finished area above ground: 1,380
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Detached, Concrete Floors, Gravel
- Garage spaces: 3
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half,One
- Stories: 1
- Exterior features: None
- Has view: Yes
- View description: Water
- Water view: Water
- Waterfront features: Inland Lake, All Sports, Rocky Shoreline, Sandy Bottom, Lake
- Body of water: Long Lake
- Frontage type: Waterfront
- Frontage length: 100
Lot
- Size: 0.53 Acres
- Dimensions: 100 x 232
- Features: Wooded-Hardwoods, Level, Metes and Bounds
Details
- Additional structures: Shed(s)
- Parcel number: 0828500110
- Zoning description: Residential
- Wooded area: 20
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- ICFs (Insulated Concrete Forms), Wood Siding, Log Siding, Other
- Foundation: Slab
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Community & neighborhood
Community
- Community features: None
Location
- Region: Traverse City
- Subdivision: None
HOA & financial
HOA
- Services included: None
Other
Other facts
- Listing agreement: Exclusive Right Sell
- Price range: $1.2M - $1.2M
- Listing terms: Conventional,Cash,FHA,USDA Loan
- Ownership type: Private Owner
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2023 | Sold | $1,235,000+3.3%$895/sqft |
Source:  NGLRMLS #1911040 Report a problem | ||
| 6/27/2023 | Pending sale | $1,195,000$866/sqft |
Source: NGLRMLS #1911040 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,534 +159.4% | $1,203,500 +185.7% |
| 2024 | $7,145 +5% | $421,200 +9.1% |
| 2023 | $6,805 +2.9% | $386,200 +25.8% |
Find assessor info on the county website
Neighborhood: 49685
Nearby schools
GreatSchools rating
- 7/10Westwoods Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 7/10West Middle SchoolGrades: 6-8Distance: 5.9 mi
- 1/10Traverse City High SchoolGrades: PK,9-12Distance: 10.1 mi
Schools provided by the listing agent
- Elementary: Long Lake Elementary School
- Middle: Traverse City West Middle School
- High: Traverse City West Senior High School
- 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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