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Pending
    • $399,000

    5148 Valleyway Dr, Williamsburg, MI 49690

    2beds
    1,134sqft
    : 
    $3,087/mo
    Get pre-qualified
    Condominium, Single Family Residence
    Built in 1984
    -- sqft lot
    $386,300 Zestimate®
    $352/sqft
    $450/mo HOA

    What's special

    Modern west elm furnishingsStunning evening sunsetsGas insert fireplaceOpen-concept layoutWest-facing balcony
    Turn-Key Luxury Condo at Grand Traverse Resort – Proven Income, Sunset Views, Contemporary Design Experience resort living and reliable income in one of Northern Michigan’s most desirable destinations. This beautifully updated 2-bedroom, 2-bath condo is already enrolled in the Grand Traverse Resort Management Program, producing strong annual revenue with hands-off convenience for owners. Enjoy an open-concept layout with 2 large bedrooms on opposite ends for privacy, a new in-unit washer and dryer, and modern West Elm furnishings (available under separate contract), gas insert fireplace (can be wood burning) for cozy ambience, The spacious, private west-facing balcony overlooks pond and manicured resort grounds with seasonal peaks of East Bay and captures stunning evening sunsets. Amenities include access to golf, pools, spa, fitness center, restaurants, and shopping within the resort. HOA covers exterior maintenance, snow removal, water, and more — making this a truly turn-key investment or second home. Unlike other dated listings, this condo reflects modern luxury and effortless ownership. Move in, rent out, or do both — the choice is yours
    308 days
    |
    19
    |
    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    John Ammar Cell:231-534-0350,

    Keller Williams Northern Michigan 231-947-8200

    Source: NGLRMLS,MLS#: 1939389MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 2
      • Main level bedrooms: 2
      Rooms
      • Room types: Great Room
      Primary bedroom
      • Level: Main
      • Area: 192
      • Dimensions: 16 x 12
      Bedroom 2
      • Level: Main
      • Area: 180
      • Dimensions: 15 x 12
      Primary bathroom
      • Features: Shared
      Kitchen
      • Level: Main
      • Area: 80
      • Dimensions: 10 x 8
      Living room
      • Level: Main
      • Area: 228
      • Dimensions: 19 x 12
      Heating
      • Forced Air, Natural Gas, Fireplace(s)
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Cooktop, Exhaust Fan, Electric Water Heater
      • Laundry: Main Level
      Features
      • Entrance Foyer, Pantry, Cable TV, High Speed Internet, WiFi
      • Flooring: Carpet, Tile
      • Windows: Drapes
      • Basement: Crawl Space
      • Has fireplace: Yes
      • Fireplace features: Gas
      Interior area
      • Total structure area: 1,134
      • Total interior livable area: 1,134 sqft
      • Finished area above ground: 1,134
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: None
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Stairway (Outdoor),Second Floor Level
      • Exterior features: Sprinkler System, Balcony
      • Has view: Yes
      • View description: Countryside View, Golf Course
      • Waterfront features: None
      • Frontage type: Golf Course
      Lot
      • Features: Rolling Slope, Landscaped
      Details
      • Additional structures: None
      • Parcel number: 0145403700
      • Zoning description: Residential,Rental History

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Contemporary
      • Property subtype: Condominium, Single Family Residence
      • Attached to another structure: Yes
      Materials
      • 2x6 Framing, Vinyl Siding
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1984

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Community Well
      Green energy
      • Energy efficient items: Not Applicable
      • Water conservation: Not Applicable

      Community & HOA

      Community
      • Features: Golf
      • Security: Smoke Detector(s)
      • Subdivision: Grand Traverse Valleyview
      HOA
      • Services included: Water, Sewer, Trash, Snow Removal, Maintenance Grounds, Maintenance Structure, Liability Insurance, Fire Insurance
      • HOA fee: $5,400 annually
      Location
      • Region: Williamsburg

      Financial & listing details

      • Price per square foot: $352/sqft
      • Tax assessed value: $157,200
      • Annual tax amount: $2,774
      • Price range: $399K - $399K
      • Date on market: 10/8/2025
      • Cumulative days on market: 77 days
      • Listing agreement: Exclusive Right Sell
      • Listing terms: Conventional,Cash,1031 Exchange
      • Ownership type: Private Owner
      • Road surface type: Asphalt

        Estimated market value

        $386,300

        $367,000 - $406,000

        $2,292/mo

        Price history

        DateEventPrice
        1/7/2026Pending sale$399,000$352/sqft
        Source: NGLRMLS #1939389 Report a problem
        10/8/2025Listed for sale$399,000+76.6%$352/sqft
        Source: NGLRMLS #1939389 Report a problem
        11/6/2020Sold$225,900-4.2%$199/sqft
        Source: NGLRMLS #1879016 Report a problem
        8/24/2020Listed for sale$235,900+21%$208/sqft
        Source: Coldwell Banker Schmidt-Elk Ra #1879016 Report a problem
        9/25/2013Sold$195,000$172/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,774 +5.3%$157,200 +22.2%
        2024$2,633 +5%$128,600 +25%
        2023$2,508 +0.1%$102,900 +11.4%
        2022$2,506 -33.3%$92,400
        2021$3,758 +0.9%$92,400 -1.1%
        2020$3,726 $93,400 -1.2%
        2019$3,726 +2.4%$94,500
        2018$3,639 $94,500
        2017-- $94,500 -1%
        2016-- $95,500 +25.5%
        2014-- $76,100 -1%
        2012-- $76,900 +1.1%
        2011-- $76,100 -1%
        2010-- $76,900 -1%
        2009-- $77,700 -19.4%
        2008-- $96,400
        2007-- $96,400 -0.3%
        2005-- $96,700 +18.5%
        2004-- $81,600
        2003-- $81,600
        2002-- $81,600
        2001-- $81,600
        2000-- $81,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 49690

        Getting around

        10 / 100
        Car-Dependent
        10 / 100
        Somewhat Bikeable

        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.

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