7434 Terrace Avenue
ElkRapids, MI 49629
- 3 beds
- 1 bath
- 1,698 sqft
- 13,939 sqft lot
- $276 per sqft
- 1920 build
- – on site
PUBLIC ACCESS ONLY 110' FROM BACKYARD at what is arguably the prettiest end of the lake with nearby coves, sandbars and launches. A great spot to throw a ball for the dogs, launch a kayak or paddleboard or just to hang out and enjoy. Spend your days on the 641 sq ft deck with new railing, (suitable for a hot tub with necessary wiring available from previous hot tub), while enjoying views of Elk Lake and lovely, low maintenance landscaping. Nights are beautiful on the deck too with excellent moon and sky viewing. Plenty of room for fun and frolicking in the large backyard. Concrete Pad for boat or RV parking. 26' Trailer currently on concrete pad has served as Seller's "garage" and is available for purchase with sale if desired. Pelican water whole house filtration system - only 6 years old. Two paved driveways, one off Cairn Hwy and one off of Terrace Ave. Less than 5 minutes from Maplehurst Land Conservancy Park and a great area for biking enthusiasts. Only 5 minutes to downtown Elk Rapids, 30 minutes to Traverse City. Homeowner has updated and freshened up every bit of the home with meticulous attention to details. New Anderson Windows - 2023. Upstairs secondary area offers a lovely work from home office space (flex space). An all around terrific home for any scenario! Short term rentals are permitted. Come see for yourself!
Last checked:
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Last updated Apr 18, 2025
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MLS# 78080055816 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1920
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Construction Materials:VinylSiding
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Levels:Two
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Basement:Block, ExteriorEntry, Full
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Basement:true
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Foundation Details:Basement, Block
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Window Features:BayWindows, WindowTreatments
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Patio And Porch Features:Deck
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Above Grade Finished Area:1530.0
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Below Grade Total Area:1130
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Below Grade Finished Area:168.0
Interior
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Interior Features:CathedralCeilings, Pantry, WalkInClosets
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Fireplace:true
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Fireplace Features:Electric, Gas, WoodBurningStove
Room Dimensions
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Living Area:1698.0
The Property
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Parcel Number:050647503600
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Lot Features:WaterView
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Lot Size Acres:0.32
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Lot Size Dimensions:104 x 134
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Zoning Description:Residential
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Fencing:Fenced
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Other Structures:Sheds
Listing Agent
- Contact info:
- Agent phone:
- (231) 590-5091
- Office phone:
- (231) 590-5091
Taxes
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Tax Legal Description:Lot 54 and 53 and part of lot 52 desc as com at the SW Cor of SD Lot 52 on the Ely R/W line of State Rd, Th Alg the wly line of lot and the ely r/w of sd rd n21 deg e 68.19to the POB
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Tax Assessed Value:70133
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Tax Annual Amount:1485.8
Beds
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Total Bedrooms:3
Baths
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Total Baths:1
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Full Baths:1
Heating & Cooling
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Heating:Baseboard, NaturalGas
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Heating:true
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Cooling:CeilingFans, ExhaustFan, WindowUnits
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Cooling:true
Utilities
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Sewer:SharedSeptic
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Water Source:Well
Appliances
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Appliances:Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Range, Washer
Schools
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High School District:ElkRapids
The Community
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Subdivision Name:MAPLE HARBOR
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Waterfront:false
Parking
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Garage:true
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
$469,900
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. |
$2,516
|
Taxes | $123 |
Insurance | $129 |
Utilities | $212 See report |
Total | $2,980/mo.* |
*This is an estimate |
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).
Air Pollution Index
Provided by ClearlyEnergy
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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4/15/25
Apr 15, 2025
|
Listed / Active | REALCOMP | $469,900 | 238.3% (24.7% / YR) |
8/19/15
Aug 19, 2015
|
REALCOMP | $138,900 |