- – beds
- – baths
- 5,500 sqft
- ~1 acre lot
- $154 per sqft
- – on site
GRAND TRAVERSE BAY - 200' of shared frontage! This property must be seen to be appreciated. Unlimited possibilities and a premier location. Two miles S. of Elk Rapids - 12 miles from Traverse City and minutes to the Chain of Lakes. Two separate residences which consist of multiple individual units which have been zoned for multifamily use for a short- or long-term rental situated on 1.44 Acres surrounded by beautiful forest canopy. Eleven total bedrooms and seven baths. Each house has its own washer & dryer along with a fully equipped kitchen. Generac generator, overhead sprinkler system for fire suppression, and handicap accessible doors. A shared 200 ft. beach access to the pristine waters of East Bay for owner and guests. Suitable for a family compound or equestrian crew members - Flintfields only 7 miles away.
Last checked:
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Last updated Jun 2, 2025
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MLS# 1933582 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1940
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Year Remodeled:2025
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Construction:Frame
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Style:1.5 Story, Apartment, In-Law Suite/Apt
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Roof:Asphalt
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Foundation:Partial, Block, Entrance Inside
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Exterior Finish:Vinyl Siding
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Exterior Features:Sidewalk, Patio, Landscaped
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Univs Design/Barrier Free:None
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Eco Features:no
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SqFt:5500
Interior
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Interior Features:Handicap Access/Equipment, Storage Space, Formal Dining Room, Great Room, Pantry
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Fireplace and Stoves:Other
Financial & Terms
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Terms:Conventional Mortgage, Cash, 1031 Exchange
Location
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Latitude:44.877709
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Longitude:-85.424967
The Property
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Property Type:Guest Quarters, 2 Residences / 1 Lot
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Lot Dimensions:218x276x220x352
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Acres:1.44
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Zoning:Residential, Multi-Family
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Additional Buildings:None
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Deeded Waterfront:yes
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Water Features:Great Lake, Public Lake, All Sports, Sandy Bottom
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Body Of Water:Grand Traverse Bay
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Road:Public Maintained, Blacktop
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Mineral Rights:Unknown
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Price Per SqFt:154.36
Listing Agent
- Contact info:
- Agent phone:
- Office phone:
- (231) 264-5400
Taxes
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Tax ID:05-06-550-037-00
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Summer Taxes:$8,606
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Winter Taxes:$1,525
Heating & Cooling
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Heating & Cooling:Natural Gas, Multiple Units
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Heating & Cooling:Forced Air, Central Air
Utilities
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Water:Municipal
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Sewer:Private Septic
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TV/Internet:Cable TV, Cable Internet
Appliances
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Appliances:Refrigerator, Oven/Range, Dishwasher, Washer, Dryer
Schools
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School District:Elk Rapids Schools
The Community
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Subdivision:MI
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Development Amenities:Lake Privileges
Parking
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Primary Garage:Two Car, Paved Driveway, Attached
Extra Units
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Total # of Units:2
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SqFt Unit 1:1,100 Sqft
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Unit A Baths:5
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Unit B Bedrooms:3
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Unit B Baths:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/12/25
May 12, 2025
|
Listed / Active | NGLRMLS | $849,000 | 69.8% (12.2% / YR) |
8/27/19
Aug 27, 2019
|
REALCOMP | $500,000 |