504 S East Silver Lake Rd, Traverse City, MI 49685
What's special
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 by the fire overlooking the water. Silver Lake is a true local favorite, known for its clear water, beautiful sunsets, abundant wildlife, and the scenic islands, coves, and inlets that make every boat ride, paddle, or fishing trip feel like an adventure. Inside, the home was designed to make the most of lake living, with an open main level, engineered white oak floors, and a stunning award-winning kitchen recognized as the 2023 Parade of Homes Best Kitchen. The main floor primary suite and laundry add everyday convenience, while the finished walkout lower level offers additional bedrooms and a spacious living area that works well for guests, game days, or summer weekends with family and friends. Control4 technology gives you easy command of lighting, audio, TVs, and more from your phone, whether you are at home or away. Located just minutes from downtown Traverse City, this is a rare opportunity to enjoy private waterfront living with dining, shopping, and everything TC has to offer close by.
- 261 days |
- 836 |
- 23 |
Travel times
Living Room
Kitchen
Pantry
Dining Room
Primary Bedroom
Primary Bathroom
Basement (Finished)
Zillow last checked:
Listing updated:
Jon Zickert Home:231-631-1337,
REO-TCBeulah-Frankfort-233027 231-882-4449
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: $516/sqft
- Tax assessed value: $475,323
- Annual tax amount: $13,204
- Price range: $2.2M - $2.2M
- Date on market: 1/15/2026
- Cumulative days on market: 262 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Price change | $2,200,000-3.3%$516/sqft |
Source:  NGLRMLS #1941696 | ||
| 7/20/2026 | Price change | $2,275,000-3.2%$533/sqft |
Source:  MichRIC #26001993 | ||
| 6/17/2026 | Price change | $2,350,000-6%$551/sqft |
Source: NGLRMLS #1941696 | ||
| 1/15/2026 | Listed for sale | $2,500,000+900%$586/sqft |
Source: NGLRMLS #1941696 | ||
| 7/12/2021 | Sold | $250,000-10.4%$59/sqft |
Source: NGLRMLS #1885608 | ||
| 6/4/2021 | Pending sale | $279,000$65/sqft |
Source:  RE/MAX of Michigan #1885608 | ||
| 5/26/2021 | Listed for sale | $279,000$65/sqft |
Source: RE/MAX of Michigan #1885608 | ||
| 5/21/2021 | Pending sale | $279,000$65/sqft |
Source: RE/MAX of Michigan #1885608 | ||
| 7/27/2020 | Listed for sale | $279,000-3.5%$65/sqft |
Source: RE/MAX Bayshore #1877824 | ||
| 8/1/2019 | Listed for sale | $289,000$68/sqft |
Source: RE/MAX Bayshore #1865357 | ||
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
Estimated market value
$2,107,400
$2.00M - $2.21M
$5,223/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.