Prime Business Opportunity on US 31 Elk Rapids/Traverse City Corridor! Positioned on one of Northern Michigan's most traveled routes. This 1.4 acre multi-building property is zoned R2, allowing for a wide range of uses. Located just 2 miles south of Elk Rapids, 12 miles north of Traverse City and 7 miles from Flintfields and the Traverse City Equestrian Festival that runs June through September. In particular this property has the Elk Rapids Township approval for 3 SHORT and LONG term rental units across 2 buildings which can potentially capture the lucrative summer rental period. Each unit is completely furnished with full kitchens, washers and dryers, and reverse osmosis drinking water.Two of the three units are protected by a fire suppression system and Generac generator. Also included is a Deeded 200' private shared beach on beautiful East Grand Traverse Bay- one mile south at the end of Sunset Shores Rd. Strategically located, this is a one of a kind property and is ideally suited for serving equestrian visitors, seasonal tourism and destination clients.
For sale
$749,900
10774 Us 31 S, Williamsburg, MI 49690
11beds
5,500sqft
Single Family Residence
Built in 1940
-- sqft lot
$688,500 Zestimate®
$136/sqft
$-- HOA
What's special
- 213 days |
- 867 |
- 61 |
Zillow last checked:
Listing updated:
Listed by:
Donald Fedrigon Cell:231-218-8400,
REMAX Of Elk Rapids 231-264-5400
Source: NGLRMLS,MLS#: 1941709
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 6
- Full bathrooms: 1
- 3/4 bathrooms: 4
- 1/2 bathrooms: 2
- Main level bathrooms: 6
- Main level bedrooms: 3
Rooms
- Room types: Dining Room
Primary bedroom
- Level: Main
- Area: 221.67
- Dimensions: 14 x 15.83
Bedroom 2
- Dimensions: 20.08 x 8.42
Bedroom 3
- Level: Main
- Dimensions: 10.42 x 8.42
Bedroom 4
- Level: Main
- Dimensions: 11.17 x 13.83
Primary bathroom
- Features: Private
Dining room
- Level: Main
- Dimensions: 15.42 x 11.67
Kitchen
- Level: Main
- Dimensions: 16.5 x 7.42
Living room
- Level: Main
- Dimensions: 24.83 x 15.33
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer
- Laundry: Main Level
Features
- Entrance Foyer, Pantry, Den/Study, Cable TV, High Speed Internet
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 5,500
- Total interior livable area: 5,500 sqft
- Finished area above ground: 5,500
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Asphalt
- Attached garage spaces: 2
Accessibility
- Accessibility features: Accessible Doors, Hand Rails
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Deck, Multi-Level Decking, Patio
- Exterior features: Sprinkler System, Sidewalk, Garden
- On waterfront: Yes
- Waterfront features: All Sports, Sandy Bottom, Sandy Shoreline
- Body of water: Grand Traverse Bay
- Frontage length: 200
Lot
- Size: 1.44 Acres
- Dimensions: 200 x 276 x 217 x 352
- Features: Wooded, Landscaped, Subdivided
Details
- Additional structures: Guest House
- Parcel number: 050655003700
- Zoning description: Residential,Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
- Foundation: Poured Concrete
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1940
- Major remodel year: 2025
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Community & HOA
Community
- Features: Lake Privileges
- Subdivision: Sunset Shores
HOA
- Services included: None
Location
- Region: Williamsburg
Financial & listing details
- Price per square foot: $136/sqft
- Tax assessed value: $253,575
- Annual tax amount: $10,131
- Price range: $749.9K - $749.9K
- Date on market: 1/16/2026
- Cumulative days on market: 459 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash,1031 Exchange
- Ownership type: Private Owner
Estimated market value
Zestimate®
$688,500
Estimated sales range
$654,000 - $723,000
Rent Zestimate®
$2,177/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/8/2026 | Price change | $749,900-6.3%$136/sqft |
Source: | ||
| 10/1/2025 | Price change | $799,900-3.5%$145/sqft |
Source: | ||
| 7/2/2025 | Price change | $829,000-2.4%$151/sqft |
Source: | ||
| 9/11/2024 | Price change | $849,000+2.4%$154/sqft |
Source: | ||
| 9/6/2024 | Price change | $829,000+172.7%$151/sqft |
Source: | ||
| 8/23/2024 | Listed for sale | $304,000-39.2%$55/sqft |
Source: | ||
| 9/17/2019 | Listing removed | $499,9000%$91/sqft |
Source: BAYSHORE GROUP REALTY #1857214 Report a problem | ||
| 9/6/2019 | Sold | $500,000+0%$91/sqft |
Source: Agent Provided Report a problem | ||
| 2/15/2019 | Listed for sale | $499,900+25%$91/sqft |
Source: BAYSHORE GROUP REALTY #1857252 Report a problem | ||
| 9/15/2011 | Listing removed | $399,900$73/sqft |
Source: Flat Rate Realty Grand Traverse #1724805 Report a problem | ||
| 4/1/2011 | Listed for sale | $399,900$73/sqft |
Source: RealEstateShows.com #1724805 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 49690
Nearby schools
GreatSchools rating
- 8/10Lakeland Elementary SchoolGrades: PK-5Distance: 2 mi
- 8/10Cherryland Middle SchoolGrades: 6-8Distance: 1.9 mi
- 10/10Elk Rapids High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- District: Elk Rapids 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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