Nestled on the pristine shores of Silver Lake, this three-bedroom, two-and-a-half-bath residence is tucked away on a secluded parcel, offering an exclusive lakeside escape while remaining close to town amenities. The main home boasts a thoughtfully designed layout featuring two spacious living areas, one on the upper level and another on the lower level—providing ample room for relaxation and entertainment. Large windows throughout the house frame breathtaking lake views, filling the space with natural light and creating a tranquil atmosphere. In addition to the main home, this property offers two unattached garages, accommodating up to seven vehicles—a dream for car collectors or those in need of extra storage. One of the garages includes a charming guest carriage house with a ¾ bath, making it an ideal space for visitors, a home office, or a private retreat. Step outside, and you’ll find yourself immersed in the beauty of Silver Lake. With beautiful lake access and an included dock, this home is a haven for boating, fishing, swimming, or simply soaking in the serenity of waterfront living. Whether you’re enjoying a quiet morning by the water or watching the sunset over the lake, every moment here feels magical. This home is more than just a place to live—it’s an invitation to experience the magic of lakeside living every day. Offering unrivaled privacy, extensive garage space, and the perfect balance of town access and nature’s beauty, this Silver Lake gem is an opportunity you don’t want to miss!
Sold for $1,300,000
$1,300,000
383 Finehout Dr, Traverse City, MI 49685
3beds
2,729sqft
Single Family Residence
Built in 1950
0.65 Acres Lot
$1,331,500 Zestimate®
$476/sqft
$3,717 Estimated rent
Home value
$1,331,500
$1.20M - $1.48M
$3,717/mo
Zestimate® history
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List your homeWhat's special
Serenity of waterfront livingBeautiful lake accessSecluded parcelIncluded dockTwo unattached garagesBreathtaking lake viewsThoughtfully designed layout
Zillow last checked:
Listing updated:
Listed by:
Mandy Brown Cell:231-499-8425,
Homewaters, LLC 877-820-1194,
Chad Brown 231-499-8292,
Homewaters, LLC
Bought with:
Racquel Huddleston, 6501413462
REO-TCBeulah-Frankfort-233027
Source: NGLRMLS,MLS#: 1934642
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 190.92
- Dimensions: 17.2 x 11.1
Bedroom 2
- Level: Main
- Area: 103
- Dimensions: 12.7 x 8.11
Bedroom 3
- Level: Lower
- Area: 131.25
- Dimensions: 12.5 x 10.5
Primary bathroom
- Features: Private
Dining room
- Level: Main
- Area: 188.87
- Dimensions: 17 x 11.11
Family room
- Level: Lower
- Area: 397.25
- Dimensions: 22.7 x 17.5
Kitchen
- Level: Main
- Area: 245.92
- Dimensions: 11.6 x 21.2
Living room
- Level: Main
- Area: 378.42
- Dimensions: 23.8 x 15.9
Heating
- Forced Air, Natural Gas, Fireplace(s)
Appliances
- Included: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Oven
- Laundry: Main Level
Features
- Entrance Foyer, Walk-In Closet(s), Solarium/Sun Room, Kitchen Island, Mud Room, Ceiling Fan(s), WiFi
- Flooring: Carpet, Vinyl
- Windows: Blinds
- Basement: Crawl Space,Exterior Entry,Finished
- Has fireplace: Yes
Interior area
- Total structure area: 2,729
- Total interior livable area: 2,729 sqft
- Finished area above ground: 1,476
- Finished area below ground: 1,253
Property
Parking
- Total spaces: 7
- Parking features: Attached, Paved, Concrete Floors, Asphalt, Concrete
- Attached garage spaces: 7
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Patio & porch: Deck, Patio
- Exterior features: Rain Gutters, Dock
- Has view: Yes
- View description: Water
- Water view: Water
- Waterfront features: Inland Lake, All Sports, Rocky Shoreline, Sandy Shoreline
- Body of water: Silver Lake
- Frontage length: 116
Lot
- Size: 0.65 Acres
- Dimensions: 116 x 224 x 169 x 212
- Features: Sloped, Metes and Bounds
Details
- Additional structures: Shed(s), Workshop, Second Garage
- Parcel number: 0503100600
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1950
- Major remodel year: 2021
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Community & HOA
Community
- Features: None
- Subdivision: na
HOA
- Services included: None
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $476/sqft
- Tax assessed value: $971,600
- Annual tax amount: $6,434
- Price range: $1.3M - $1.3M
- Date on market: 6/3/2025
- Cumulative days on market: 59 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2025 | Sold | $1,300,000-13.3%$476/sqft |
Source:  NGLRMLS #1934642 Report a problem | ||
| 6/27/2025 | Price change | $1,499,000-11.8%$549/sqft |
Source: NGLRMLS #1934642 Report a problem | ||
| 6/3/2025 | Listed for sale | $1,699,000$623/sqft |
Source: NGLRMLS #1934642 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,435 +3.9% | $485,800 +16.1% |
| 2024 | $6,191 +74% | $418,400 +25.3% |
| 2023 | $3,559 -24.4% | $333,800 +51.9% |
| 2022 | $4,709 -39% | $219,800 +13.4% |
| 2021 | $7,722 | $193,800 +14.3% |
| 2020 | -- | $169,600 +9.1% |
| 2019 | -- | $155,500 -4.2% |
| 2018 | -- | $162,400 -18.7% |
| 2017 | -- | $199,800 +21.7% |
| 2016 | -- | $164,200 +10.3% |
| 2014 | -- | $148,800 -5% |
| 2012 | -- | $156,600 -0.2% |
| 2011 | -- | $156,900 -1.8% |
| 2010 | -- | $159,700 -3.3% |
| 2009 | -- | $165,200 -0.7% |
| 2008 | -- | $166,320 +8% |
| 2007 | -- | $153,940 +11.3% |
| 2005 | -- | $138,320 +16.8% |
| 2004 | -- | $118,470 +35.8% |
| 2003 | -- | $87,220 +8.9% |
| 2002 | -- | $80,100 +2.2% |
| 2001 | -- | $78,360 +28.7% |
| 2000 | -- | $60,890 |
Find assessor info on the county website
Neighborhood: 49685
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Nearby schools
GreatSchools rating
- 8/10Central Grade SchoolGrades: PK-7Distance: 5.3 mi
- 8/10West Senior HighGrades: 9-12Distance: 3.8 mi
- 8/10West Middle SchoolGrades: 6-8Distance: 3.8 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.
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- Michigan
- Grand Traverse County
- Traverse City
- 49685
- 383 Finehout Dr
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