For salePrice cut: $150K (6/17)
$2,350,000
5beds
4,265sqft
504 S East Silver Lake Rd, Traverse City, MI 49685
5beds
4,265sqft
Single family residence
Built in 2022
1.47 Acres
3 Attached garage spaces
$551 price/sqft
What's special
Open main levelEngineered white oak floorsMain floor primary suite
Ready for immediate occupancy and summer on Silver Lake, this exceptional Traverse City waterfront home offers 162 feet of private frontage on 1.47 acres, and the kind of setting buyers wait for. The large lakefront lawn is made for summer fun, with plenty of space for yard games, gatherings, and evenings ...
- 164 days |
- 1,601 |
- 58 |
Source: NGLRMLS,MLS#: 1941696
Travel times
Living Room
Kitchen
Pantry
Dining Room
Primary Bedroom
Primary Bathroom
Basement (Finished)
Zillow last checked:
Listing updated:
Listed by:
Jon Zickert 231-882-4449,
REO-TCBeulah-Frankfort-233027 231-882-4449
Source: NGLRMLS,MLS#: 1941696
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 3
Rooms
- Room types: Great Room, Exercise Room
Primary bedroom
- Level: Main
- Dimensions: 13.58 x 13.33
Bedroom 2
- Level: Main
- Dimensions: 13.42 x 12.33
Bedroom 3
- Level: Main
- Dimensions: 13.58 x 11.33
Bedroom 4
- Level: Lower
- Dimensions: 13.42 x 11.75
Primary bathroom
- Features: Private
Dining room
- Level: Main
- Dimensions: 14 x 13.33
Family room
- Level: Lower
- Dimensions: 44.42 x 23.92
Kitchen
- Level: Main
- Dimensions: 14 x 15.33
Living room
- Level: Main
- Dimensions: 17 x 18.75
Heating
- Forced Air, Natural Gas, Fireplace(s)
Cooling
- Central Air, Zoned
Appliances
- Included: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Water Filtration System, Exhaust Fan, Water Purifier, Gas Water Heater, Humidifier
- Laundry: Main Level
Features
- Entrance Foyer, Walk-In Closet(s), Wet Bar, Pantry, Solid Surface Counters, Kitchen Island, Vaulted Ceiling(s), Ceiling Fan(s), Cable TV, High Speed Internet, WiFi
- Flooring: Wood, Luxury Vinyl Plank, Carpet
- Windows: Blinds, Drapes
- Basement: Walk-Out Access,Finished
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 4,265
- Total interior livable area: 4,265 sqft
- Finished area above ground: 2,201
- Finished area below ground: 2,064
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Attached, Garage Door Opener, Paved, Heated Garage, Concrete Floors, Asphalt, Concrete, Private
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Patio & porch: Deck, Patio, Covered
- Exterior features: Sprinkler System, Sidewalk, Rain Gutters, Dock
- Has view: Yes
- View description: Water
- Water view: Water
- Waterfront features: Inland Lake, All Sports, Vegetation to Water Edge, Lake
- Body of water: Silver Lake
- Frontage type: Waterfront
- Frontage length: 162
Lot
- Size: 1.47 Acres
- Dimensions: 162 x 367 x 150 x 473
- Features: Level, Sloped, Landscaped, Metes and Bounds
Details
- Additional structures: Shed(s)
- Parcel number: 0200503400
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Contemporary,Farm House
- Property subtype: Single Family Residence
Materials
- Frame, Cement Siding
- Foundation: Insulated Concrete Panels
- Roof: Asphalt
Condition
- New construction: No
- Year built: 2022
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Community & HOA
Community
- Features: None
- Subdivision: N/A
HOA
- Services included: None
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $551/sqft
- Tax assessed value: $475,323
- Annual tax amount: $13,204
- Price range: $2.4M - $2.4M
- Date on market: 1/15/2026
- Cumulative days on market: 165 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Price change | $2,350,000-6%$551/sqft |
Source:  NGLRMLS #1941696 Report a problem | ||
| 1/15/2026 | Listed for sale | $2,500,000+900%$586/sqft |
Source: NGLRMLS #1941696 Report a problem | ||
| 7/12/2021 | Sold | $250,000-10.4%$59/sqft |
Source: NGLRMLS #1885608 Report a problem | ||
| 6/4/2021 | Pending sale | $279,000$65/sqft |
Source:  RE/MAX of Michigan #1885608 Report a problem | ||
| 5/26/2021 | Listed for sale | $279,000$65/sqft |
Source: RE/MAX of Michigan #1885608 Report a problem | ||
| 5/21/2021 | Pending sale | $279,000$65/sqft |
Source: RE/MAX of Michigan #1885608 Report a problem | ||
| 7/27/2020 | Price change | $279,000-3.5%$65/sqft |
Source: RE/MAX Bayshore #1877824 Report a problem | ||
| 8/1/2019 | Listed for sale | $289,000$68/sqft |
Source: RE/MAX Bayshore #1865357 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,453 +18.3% | $709,800 +30.2% |
| 2024 | $10,531 +211.8% | $545,200 +27.6% |
| 2023 | $3,378 +322.1% | $427,300 +489.4% |
| 2022 | $800 -7% | $72,500 |
| 2021 | $860 -2.9% | $72,500 |
| 2020 | $886 | $72,500 |
| 2019 | $886 +14.7% | $72,500 |
| 2018 | $772 | $72,500 |
| 2017 | -- | $72,500 +0.7% |
| 2016 | -- | $72,000 |
| 2014 | -- | $72,000 -4% |
| 2010 | -- | $75,000 |
| 2009 | -- | $75,000 |
| 2008 | -- | $75,000 +7.1% |
| 2007 | -- | $70,000 |
| 2005 | -- | $70,000 |
| 2004 | -- | $70,000 +40% |
| 2003 | -- | $50,000 +122.2% |
| 2002 | -- | $22,500 +12.5% |
| 2001 | -- | $20,000 |
| 2000 | -- | $20,000 |
Find assessor info on the county website
Monthly payment
Est. payment
$13,588/mo
Principal & interest
$12119
Property taxes
$1469
Estimated market value
$2,204,300
$2.09M - $2.31M
$6,231/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.
Neighborhood: Chums Corner
Nearby schools
Central Grade School
Grades PK-7 • 6 miles8/10
GreatSchools® Rating
Test Score Rating
9/10Student Progress Rating
7/10West Senior High
Grades 9-12 • 4.8 miles8/10
GreatSchools® Rating
College Readiness Rating
10/10Student Progress Rating
6/10West Middle School
Grades 6-8 • 4.6 miles8/10
GreatSchools® Rating
Test Score Rating
8/10Student Progress Rating
7/10- Michigan
- Grand Traverse County
- Traverse City
- 49685
- Chums Corner
- 504 S East Silver Lake Rd