5163 Silver Cove Drive
TraverseCity, MI 49685
Map
- 5 beds
- 3 baths
- 2,564 sqft
- ~3/4 acre lot
- $760 per sqft
- 1989 build
- – on site
Private water frontage on one of the most in-demand lakes; a fully remodeled house - top to bottom; in a wonderful neighborhood and just 5 miles from downtown Traverse City... what more could you ask for?! This Silver Lake beauty is new to the market for the very first time. Whether you are looking for a primary residence that provides you the waterfront amenities you long for or you want that vacation home that you have always dreamt about - 5163 Silver Cove Dr. offers a world of fun for owners and guests alike. The 5 bedroom, 3 bathroom home, has an open floor plan consisting of a beautifully finished kitchen with quartz counters and a large island. A spacious living area with unobstructed views of Silver Lake and a fireplace for cozy evenings at home. The composite deck is perfect for entertaining and enjoying lunch, dinner and cocktails with a view. You can not beat the beach area... sandy and well maintained, soak up all the sun and water sports, smore's by the bonfire and so much more. Bring on the guests and the toys... the secondary garage offers 827 sq ft of car, boat and toy storage. It will also house guests in the almost 700 sq ft 1 bedroom, 1 bathroom apartment... full kitchen and lots of room.. privacy and relaxation overflow! Nearly every surface of this house has been updated.. including but not limited to: New Furnace, Windows & AC, Kitchen/cabinets/counters/appliances, RO Water treatment system, filtration & softener. Outside is also a treat - Nature shines! Turtles, foxes, bunnies, swans, eagles, loons will all make friendly appearances. The landscaping is also brag worthy and blanketed in hydrangeas, white pines, honeycrisp and fuji apple trees, juniper, cypress and willow trees - just to name a few! There is a timed water system on over 100 new plants and trees. The heavy lifting has been done - move in and hit the water! (House is 2564 finished sq ft. / secondary garage 827 sq ft of unfinished garage space + 682 sq ft 1 bed / 1 bath apartment.)
Last checked:
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Checking…
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Last updated Jun 7, 2025
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MLS# 78080058172 —
This home is listed in more than one place. See it here.
Upcoming Open Houses
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Saturday, 6/14
1:30pm-3:30pm
The Building
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Year Built:1989
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Construction Materials:Stone, VinylSiding
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Architectural Style:Ranch
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Levels:One
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Basement:Daylight, Finished, Full, WalkOutAccess
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Basement:true
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Foundation Details:Basement, Wood
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Window Features:EgressWindows, WindowTreatments
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Patio And Porch Features:Deck, Patio, Porch
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Above Grade Finished Area:1424.0
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Below Grade Total Area:1435
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Below Grade Finished Area:1140.0
Interior
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Interior Features:CathedralCeilings, EntranceFoyer, Pantry, WalkInClosets
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Fireplace:true
Room Dimensions
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Living Area:2564.0
The Property
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Parcel Number:0528303700
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Lot Features:WaterView, RollingSlope, Sprinklers
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Lot Size Acres:0.84
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Lot Size Dimensions:60.52 x 603.14
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Zoning Description:Residential
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Other Structures:SecondGarage, Sheds
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Waterfront Features:AllSportsLake, DockFacilities, WaterAccessRights, Waterfront, SandyBottom
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Water Body Name:Silver Lake
Listing Agent
- Contact info:
- Agent phone:
- (231) 642-2363
- Office phone:
- (231) 642-2363
Taxes
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Tax Legal Description:LOT 37 SILVER COVE.
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Tax Annual Amount:4615.04
Beds
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Total Bedrooms:5
Baths
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Total Baths:3
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Full Baths:3
Heating & Cooling
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Heating:ForcedAir, NaturalGas
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Heating:true
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Cooling:CentralAir
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Cooling:true
Utilities
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Sewer:SepticTank
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Water Source:Well
Appliances
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Appliances:Dishwasher, Dryer, Microwave, Oven, Refrigerator, Range, Washer, WaterSoftenerOwned
Schools
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High School District:TraverseCity
The Community
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Subdivision Name:SILVER COVE
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Waterfront:false
Parking
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Garage:true
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Garage Spaces:4.0
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Attached Garage:true
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Parking Features:FourCarGarage, Attached, Garage
IDX provided courtesy of Realcomp II Ltd., via Estately and Aspire North REALTORS, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for 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.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Monthly cost estimate
Asking price
$1,950,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$10,441
|
| Taxes | $384 |
| Insurance | $536 |
| Utilities | $221 See report |
| Total | $11,582/mo.* |
| *This is an estimate |
Air Pollution Index
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The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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6/7/25
Jun 7, 2025
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Listed / Active | REALCOMP | $1,950,000 |
