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For sale
    • $1,200,000

    10481 S Monaco Way, Traverse City, MI 49684

    4beds
    4,595sqft
    : 
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    Single Family Residence
    Built in 1998
    2 Acres Lot
    $1,154,900 Zestimate®
    $261/sqft
    $58/mo HOA

    What's special

    Expansive groundsSurrounded by mature hardwoodsWalking beneath towering treesSpacious bedroomsGenerous living spacesMultiple gathering areasFour-bedroom four-bath residence
    Welcome to 10481 S. Monaco Way, where one of Traverse City's most coveted lifestyles meets an opportunity that has become increasingly difficult to find. Sitting on more than two private acres within the desirable La Riviera community, this four-bedroom, four-bath residence offers an extraordinary combination of space, privacy, and 550 feet of shared frontage on the crystal-clear waters of West Bay. Surrounded by mature hardwoods and set well back from neighboring homes, the property delivers a level of seclusion rarely found this close to downtown Traverse City. Inside, the home offers generous living spaces, multiple gathering areas, spacious bedrooms, and a floor plan designed for entertaining, weekend retreats, or year-round living. While the home would benefit from updating and the vision of its next owner, it presents an exceptional opportunity to personalize a property in one of Northern Michigan's most sought-after waterfront communities. Whether your style leans toward timeless elegance, modern sophistication, or relaxed lake living, this home provides the space and setting to create something truly special. Beyond the walls, the lifestyle is what sets this property apart. Spend mornings walking beneath towering trees, afternoons boating on West Bay, evenings entertaining on the expansive grounds, and weekends exploring nearby wineries, golf courses, beaches, and downtown Traverse City's renowned dining and shopping. A private path also provides convenient access to the TART Trail, connecting you to miles of recreation right from your neighborhood. Properties offering this much acreage, privacy, shared waterfront, and proximity to Traverse City have become increasingly rare. While finishes can be updated, locations like this simply cannot be recreated. 10481 S. Monaco Way is more than a home. It is an opportunity to create your own legacy in one of Northern Michigan's most desirable waterfront communities.
    12 days
    |
    1,586
    |
    62
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Hastings 443-895-0764,

    Blue Lakes Real Estate Group TC LLC 231-683-2125

    Source: NGLRMLS,MLS#: 1947410MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 3
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 1
      Rooms
      • Room types: Dining Room, Game Room
      Primary bedroom
      • Level: Main
      • Area: 219.62
      • Dimensions: 13.9 x 15.8
      Bedroom 2
      • Level: Upper
      • Area: 385.82
      • Dimensions: 20.2 x 19.1
      Bedroom 3
      • Level: Upper
      • Area: 182.28
      • Dimensions: 12.4 x 14.7
      Bedroom 4
      • Level: Upper
      • Area: 176.99
      • Dimensions: 13.5 x 13.11
      Primary bathroom
      • Features: Private
      Dining room
      • Level: Main
      • Area: 156.51
      • Dimensions: 11.1 x 14.1
      Family room
      • Level: Lower
      • Area: 905.62
      • Dimensions: 42.9 x 21.11
      Kitchen
      • Level: Main
      • Area: 283.02
      • Dimensions: 17.8 x 15.9
      Living room
      • Level: Main
      • Area: 494
      • Dimensions: 24.7 x 20
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Refrigerator, Oven/Range, Disposal, Dishwasher, Washer, Dryer
      • Laundry: Main Level
      Features
      • Bookcases, Entrance Foyer, Wet Bar, Pantry, Granite Bath Tops, Granite Counters, Kitchen Island, Mud Room, Den/Study, Cable TV, High Speed Internet
      • Flooring: Tile, Carpet, Wood
      • Basement: Walk-Out Access,Finished Rooms,Finished
      • Has fireplace: Yes
      • Fireplace features: Gas
      Interior area
      • Total structure area: 4,595
      • Total interior livable area: 4,595 sqft
      • Finished area above ground: 3,128
      • Finished area below ground: 1,467
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached, Asphalt, Circular Driveway
      • Attached garage spaces: 3
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Patio
      • Exterior features: Sidewalk, Garden
      • Has spa: Yes
      • Spa features: Bath
      • On waterfront: Yes
      • Waterfront features: All Sports, Sandy Bottom, Great Lake
      • Body of water: Grand Traverse Bay
      • Frontage length: 550
      Lot
      • Size: 2 Acres
      • Features: Wooded-Hardwoods, Wooded, Evergreens, Level, Rolling Slope, Landscaped, Subdivided, Cul-De-Sac
      Details
      • Additional structures: None
      • Parcel number: 00461704800/01702525
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame, Wood Siding, Brick
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1998

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Private

      Community & HOA

      Community
      • Features: Community Dock, Tennis Court(s), Lake Privileges, Pets Allowed, Common Area, Trails
      • Subdivision: La Riviera West
      HOA
      • Services included: Other
      • HOA fee: $700 annually
      Location
      • Region: Traverse City

      Financial & listing details

      • Price per square foot: $261/sqft
      • Tax assessed value: $387,571
      • Annual tax amount: $7,587
      • Price range: $1.2M - $1.2M
      • Date on market: 7/1/2026
      • Cumulative days on market: 48 days
      • Listing agreement: Exclusive Right Sell
      • Listing terms: Conventional,Cash
      • Ownership type: Private Owner
      • Road surface type: Asphalt

        Estimated market value

        $1,154,900

        $1.10M - $1.21M

        $5,990/mo

        Price history

        DateEventPrice
        7/1/2026Listed for sale$1,200,000$261/sqft
        Source: NGLRMLS #1947410 Report a problem
        7/1/2026Listing removed$1,200,000$261/sqft
        Source: NGLRMLS #1945719 Report a problem
        5/27/2026Listed for sale$1,200,000+192.7%$261/sqft
        Source: NGLRMLS #1945719 Report a problem
        2/5/1998Sold$410,000$89/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,538 +4.6%$520,700 +12.7%
        2024$6,252 +4.9%$462,200 +29%
        2023$5,962 +4.6%$358,200 +10.1%
        2022$5,702 +1.2%$325,400 +9%
        2021$5,635 +31.3%$298,500 -0.7%
        2020$4,291 $300,600 -2.7%
        2019-- $308,800 +6.4%
        2018-- $290,100 +5.7%
        2017-- $274,500 -3.5%
        2016-- $284,400 +0.6%
        2015-- $282,600 -1.2%
        2014-- $285,900 +10.9%
        2013-- $257,700 +1.9%
        2012-- $253,000 -5.9%
        2011-- $269,000 -0.4%
        2010-- $270,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 49684

        Getting around

        0 / 100
        Car-Dependent
        16 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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