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Off market
  • Zestimate®
    $501,400

    5130 Silver Lake Shrs, Traverse City, MI 49685

    1beds
    864sqft
    Single Family Residence
    Built in 1930
    4.18 Acres Lot
    $501,400 Zestimate®
    $580/sqft
    $1,424 Estimated rent

    Home value

    $501,400

    $391,000 - $647,000

    $1,424/mo

    Zestimate® history
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    $3,191/mo

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    What's special

    Ever wanted to own your own island? Now's your chance. Trega Island, a privately owned almost 4 acre island in Silver Lake has been in the same family for over 70 years. The time has come for a new family to make those precious summer, or year round, memories. Currently home to a 1 bedroom, 1 bath fully furnished cottage with running water and electricity, a garden shed and dock. The island boasts stunning sunrise and sunset views, century old trees, wildlife and nearly 2000' of private crystal-clear waterfront. Enjoy fishing, hiking, swimming and all the pristine nature Trega Island has to offer. Island is split-able, suitable for multiple parcels. A short boat ride to the main land and you will find yourself on a second perk of this one of a kind property, a buildable waterfront lot w/ample parking, garage and 65' of frontage on Silver Lake, currently used as a "staging" area for island recreation.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ken Kleinrichert Cell:231-620-2989,

    Coldwell Banker Schmidt-522 866-603-5140,

    Judy Robinson 231-620-2816,

    Coldwell Banker Schmidt-522

    Bought with:

    Ken Kleinrichert, 6506042006

    Coldwell Banker Schmidt-522

    Judy Robinson, 6501211527

    Coldwell Banker Schmidt-522

    Source: NGLRMLS,MLS#: 1883833MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    Primary bedroom
    • Area: 432
    • Dimensions: 24 x 18
    Primary bathroom
    • Features: Shared
    Kitchen
    • Width: 18
    Living room
    • Length: 24
    Heating
    • Wood, Fireplace(s)
    Appliances
    • Included: Refrigerator, Oven/Range, Microwave, Electric Water Heater
    • Laundry: None
    Features
    • Loft, Beamed Ceilings
    • Has fireplace: Yes
    • Fireplace features: Wood Burning, Stove, Masonry
    Interior area
    • Total structure area: 864
    • Total interior livable area: 864 sqft
    • Finished area above ground: 864
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached, Gravel, Private
    • Garage spaces: 1
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Screened
    • Exterior features: Dock
    • Has view: Yes
    • View description: Water
    • Water view: Water
    • Waterfront features: Inland Lake, Island, All Sports, Sandy Bottom, Sandy Shoreline
    • Body of water: Silver Lake
    • Frontage type: Waterfront
    • Frontage length: 1735
    Lot
    • Size: 4.18 Acres
    • Features: Wooded-Hardwoods, Wooded, Evergreens, Rolling Slope, Sloped, Metes and Bounds, Cul-De-Sac
    Details
    • Additional structures: Shed(s)
    • Parcel number: 280503107400 & 01700
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch,Cottage
    • Property subtype: Single Family Residence
    Materials
    • Frame, Other
    • Foundation: Pillar/Post/Pier
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Sewer: Private Sewer
    • Water: Private

    Community & HOA

    Community
    • Features: None
    • Subdivision: Metes and Bounds
    HOA
    • Services included: None
    Location
    • Region: Traverse City

    Financial & listing details

    • Price per square foot: $580/sqft
    • Price range: $740K - $501.4K
    • Date on market: 8/1/2025
    • Cumulative days on market: 185 days
    • Listing agreement: Exclusive Right Sell
    • Listing terms: Conventional,Cash
    • Ownership type: Private Owner
    • Road surface type: Gravel

    Price history

    DateEventPrice
    8/5/2021Sold$740,000-1.3%$856/sqft
    Source: NGLRMLS #1883833 Report a problem
    6/4/2021Contingent$750,000$868/sqft
    Source: NGLRMLS #1883833 Report a problem
    2/3/2021Listed for sale$750,000$868/sqft
    Source: NGLRMLS #1883833 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 49685

    Nearby schools

    GreatSchools rating
    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.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $501,400
    2% more
    +$10,028
    With Zillow Showcase(estimated)

    $511,428

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $501,400
    2% more
    +$10,028
    With Zillow Showcase(estimated)

    $511,428