Experience breathtaking sunset views from this beautifully crafted home located on the shores of Silver Lake. With generous room sizes and expansive windows that frame the water, this home is perfect for everday living and entertaining alike. Step right out into your backyard for easy access to a host of waterfront activities. Ideal for family fun or peaceful relaxation. This thoughtfully designed floor plan suits both active families and empty nesters. In addition this home is equipped with a generator for peace of mind. Located only minutes to beautiful downtown Traverse City with convevenient access to Munson Medical Center and shopping. Don't miss this great opportunity to own a slice of waterfront paradise.
Sold for $1,775,000
$1,775,000
1315 Lake Dr, Traverse City, MI 49685
4beds
4,028sqft
Single Family Residence
Built in 1990
0.95 Acres Lot
$1,828,800 Zestimate®
$441/sqft
$4,376 Estimated rent
Home value
$1,828,800
$1.63M - $2.05M
$4,376/mo
Zestimate® history
Owner options
List your home for rent
$4,376/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$4,376/mo
Rent Zestimate®
Refinance and save
$8,613/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$8,613/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Judy Robinson Cell:231-620-2816,
Coldwell Banker Schmidt Traver 231-922-2350
Bought with:
Erica Mohr, 6501388991
REO-TCRandolph-233022
Source: NGLRMLS,MLS#: 1934647
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 2
- Main level bathrooms: 2
Rooms
- Room types: Dining Room, Great Room, Exercise Room, Game Room
Primary bedroom
- Area: 504
- Dimensions: 24 x 21
Primary bathroom
- Features: Private
Kitchen
- Area: 405
- Dimensions: 27 x 15
Living room
- Area: 520
- Dimensions: 26 x 20
Heating
- Hot Water, Baseboard, Natural Gas, Fireplace(s)
Cooling
- Ductless
Appliances
- Included: Oven/Range, Dishwasher, Microwave, Washer, Dryer
- Laundry: Main Level
Features
- Cathedral Ceiling(s), Entrance Foyer, Walk-In Closet(s), Granite Bath Tops, Granite Counters, Mud Room, Den/Study, Drywall, Cable TV
- Windows: Blinds
- Basement: Crawl Space
- Has fireplace: Yes
- Fireplace features: Gas, Masonry
Interior area
- Total structure area: 4,028
- Total interior livable area: 4,028 sqft
- Finished area above ground: 4,028
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage Door Opener, Paved, Heated Garage, Concrete Floors, Asphalt
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Other
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Multi-Level Decking, Covered
- Exterior features: Sprinkler System, Dock
- Has view: Yes
- View description: Water
- Water view: Water
- Waterfront features: Inland Lake, All Sports, Sandy Bottom, Gradual Slope to Water, Sandy Shoreline
- Body of water: Silver Lake
- Frontage type: Waterfront
- Frontage length: 101
Lot
- Size: 0.95 Acres
- Dimensions: 100.69 x 410.47
- Features: Level, Landscaped, Subdivided
Details
- Additional structures: Other
- Parcel number: 0528302700
- Zoning description: Residential
- Other equipment: Dish TV
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1990
Utilities & green energy
- Sewer: Private Sewer, Pump Back
- Water: Private
Community & HOA
Community
- Features: None
- Security: Smoke Detector(s)
- Subdivision: Silver Cove
HOA
- Services included: None
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $441/sqft
- Tax assessed value: $1,497,200
- Annual tax amount: $12,793
- Price range: $1.8M - $1.8M
- Date on market: 6/3/2025
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional
- Ownership type: Private Owner
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2025 | Sold | $1,775,000+97.2%$441/sqft |
Source:  NGLRMLS #1934647 Report a problem | ||
| 8/13/2020 | Listing removed | $899,900$223/sqft |
Source: Real Estate One #1874343 Report a problem | ||
| 6/6/2020 | Price change | $899,900-2.7%$223/sqft |
Source: Real Estate One #1874343 Report a problem | ||
| 5/12/2020 | Listed for sale | $925,000$230/sqft |
Source: REO-TC/Randolph #1874343 Report a problem | ||
| 11/1/2019 | Listing removed | $925,000$230/sqft |
Source: Real Estate One #1862627 Report a problem | ||
| 9/11/2019 | Price change | $925,000-2.5%$230/sqft |
Source: Real Estate One #1862627 Report a problem | ||
| 8/28/2019 | Price change | $949,000-0.1%$236/sqft |
Source: Real Estate One #1862627 Report a problem | ||
| 6/11/2019 | Listed for sale | $950,000$236/sqft |
Source: REO-TC/Randolph #1862627 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,793 +4.5% | $748,600 +24.5% |
| 2024 | $12,241 +4.2% | $601,500 +26.9% |
| 2023 | $11,748 | $473,900 +6.9% |
| 2022 | -- | $443,200 +6.9% |
| 2021 | $6,961 | $414,500 +9.1% |
| 2020 | -- | $379,800 -3.9% |
| 2019 | -- | $395,200 +0.7% |
| 2018 | -- | $392,300 +9.2% |
| 2017 | -- | $359,100 +6.8% |
| 2016 | -- | $336,300 +13.2% |
| 2014 | -- | $297,200 -11.4% |
| 2012 | -- | $335,550 +0% |
| 2011 | -- | $335,500 -2.7% |
| 2010 | -- | $344,900 -6.9% |
| 2009 | -- | $370,400 -1.2% |
| 2008 | -- | $374,800 +17.8% |
| 2007 | -- | $318,280 +26.2% |
| 2005 | -- | $252,290 +15.4% |
| 2004 | -- | $218,550 +13.3% |
| 2003 | -- | $192,970 +4.5% |
| 2002 | -- | $184,720 +5.4% |
| 2001 | -- | $175,300 +13.1% |
| 2000 | -- | $155,000 |
Find assessor info on the county website
Neighborhood: 49685
Nearby homes
- $1,317,4003 bd3 ba2.5k sqft1293 Lake Dr, Traverse City, MI 49685Off Market
- $371,8002 bd1 ba988 sqft1327 Lake Dr, Traverse City, MI 49685Off Market
- $348,9002 bd1 ba672 sqft1339 Lake Dr, Traverse City, MI 49685Off Market
- $111,400-- bd-- ba-- sqft1343 Lake Dr, Traverse City, MI 49685Off Market
- $1,410,9003 bd3 ba3.2k sqft1287 Lake Dr, Traverse City, MI 49685Off Market
- $3,900-- bd-- ba-- sqft1296 Lake Dr, Traverse City, MI 49685Off Market
- $762,3002 bd1 ba1.3k sqft1353 Lake Dr, Traverse City, MI 49685Off Market
- $317,6003 bd2 ba1.3k sqft1326 Lake Dr, Traverse City, MI 49685Off Market
Nearby schools
GreatSchools rating
- 8/10Central Grade SchoolGrades: PK-7Distance: 4.7 mi
- 8/10West Senior HighGrades: 9-12Distance: 2.9 mi
- 8/10West Middle SchoolGrades: 6-8Distance: 3.1 mi
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.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$1,828,800
2% more
+$36,576
With Zillow Showcase(estimated)
$1,865,376
- Michigan
- Grand Traverse County
- Traverse City
- 49685
- 1315 Lake Dr
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Traverse City Topics
