Nestled on the serene shores of Silver Lake, this quaint and cozy retreat offers a rare opportunity to own a slice of paradise in Garfield Township. Boasting 180 feet of shared frontage on the highly sought-after Silver Lake, this property stands out as one of the few Short-Term Rental (STR) eligible residences in the area. Convenience meets charm as this home is just a stone's throw away from the public boat launch and the scenic walking trails of Silver Lake recreational area, promising endless outdoor adventures for nature enthusiasts. Step inside to discover a warm and inviting ambiance accentuated by a natural gas fireplace, adding a touch of coziness to the living space. The property's allure is further enhanced by an array of resort-style amenities that cater to both relaxation and recreation. Enjoy leisurely days on the sandy beach, take advantage of the provided dock for easy boat access, gather around the fire-pit with complimentary wood for cozy evenings under the stars, or unwind on the sundeck and gazebo overlooking the tranquil waters. For added entertainment, indulge in the waterslide, playground structure, and wine bar – perfect for hosting gatherings or simply unwinding in style. Whether you seek an investment property for lucrative rental income or year-round lakefront living, this residence offers a versatile lifestyle opportunity. Don't miss your chance to make this idyllic lakeside retreat your own – seize the moment and turn your dreams of lake living into reality today. Schedule a viewing and experience the allure of lakeside living at its finest.*SELLER IS LICENSED AGENT IN THE STATE OF MICHIGAN*
Sold for $380,000
$380,000
5184 Silver Shores Ln, Traverse City, MI 49685
2beds
620sqft
Single Family Residence
Built in 1968
0.29 Acres Lot
$408,300 Zestimate®
$613/sqft
$1,601 Estimated rent
Home value
$408,300
$384,000 - $437,000
$1,601/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Jill Barry Cell:231-499-1551,
Key Realty One-TC 517-827-2120
Bought with:
Steve Scheppe, 6502432934
Viewpoint Realty
Source: NGLRMLS,MLS#: 1922580
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 100
- Dimensions: 10 x 10
Bedroom 2
- Level: Main
- Area: 100
- Dimensions: 10 x 10
Primary bathroom
- Features: Shared
Dining room
- Level: Main
- Length: 10
Kitchen
- Level: Main
- Width: 10
Living room
- Level: Main
- Area: 140
- Dimensions: 10 x 14
Heating
- Baseboard, Natural Gas, Fireplace(s)
Cooling
- Window Unit(s), Electric, Window A/C Unit(s)
Appliances
- Included: Refrigerator, Oven/Range, Microwave, Washer, Dryer, Electric Water Heater
- Laundry: None
Features
- None, Cable TV, High Speed Internet, WiFi
- Flooring: Tile, Carpet
- Windows: Blinds, Drapes, Curtain Rods
- Has fireplace: Yes
- Fireplace features: Gas, Insert
Interior area
- Total structure area: 620
- Total interior livable area: 620 sqft
- Finished area above ground: 620
- Finished area below ground: 0
Property
Parking
- Parking features: None, Gravel, Private
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Dock
- Has view: Yes
- View description: Water
- Water view: Water
- Waterfront features: Inland Lake, All Sports, Sandy Bottom, Sandy Shoreline
- Body of water: Silver Lake
- Frontage length: 180
Lot
- Size: 0.29 Acres
- Features: Level
Details
- Additional structures: Shed(s)
- Parcel number: 0518900200
- Zoning description: Residential,Rental History
- Other equipment: Dish TV
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Cottage
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
- Foundation: Slab
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1968
Utilities & green energy
- Sewer: Shared Septic
- Water: Shared Well
Community & HOA
Community
- Features: Community Dock, Lake Privileges, Park, Pets Allowed, Common Area
- Security: Smoke Detector(s)
- Subdivision: Silver Shores Resort
HOA
- Services included: Water, Sewer, Trash, Snow Removal, Maintenance Grounds, Liability Insurance
- HOA fee: $4,200 annually
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $613/sqft
- Tax assessed value: $369,800
- Annual tax amount: $3,146
- Price range: $380K - $380K
- Date on market: 6/23/2024
- Cumulative days on market: 112 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash,1031 Exchange
- Ownership type: Private Owner
- Road surface type: Gravel, Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 7/19/2024 | Sold | $380,000-4.8%$613/sqft |
Source:  NGLRMLS #1922580 Report a problem | ||
| 6/4/2024 | Price change | $399,000-7%$644/sqft |
Source: NGLRMLS #1922580 Report a problem | ||
| 5/22/2024 | Listed for sale | $429,000-2.3%$692/sqft |
Source: NGLRMLS #1922580 Report a problem | ||
| 5/17/2024 | Listing removed | $439,000$708/sqft |
Source: NGLRMLS #1921516 Report a problem | ||
| 4/25/2024 | Listed for sale | $439,000-2.2%$708/sqft |
Source: NGLRMLS #1921516 Report a problem | ||
| 4/15/2024 | Listing removed | $449,000$724/sqft |
Source: NGLRMLS #1920191 Report a problem | ||
| 3/19/2024 | Price change | $449,000-4.3%$724/sqft |
Source: NGLRMLS #1920191 Report a problem | ||
| 3/14/2024 | Listed for sale | $469,000+61.7%$756/sqft |
Source: NGLRMLS #1920191 Report a problem | ||
| 10/12/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/26/2022 | Listed for sale | $290,000+284.1%$468/sqft |
Source: Owner Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/13/2015 | Listing removed | $750$1/sqft |
Source: Owner Report a problem | ||
| 10/1/2015 | Price change | $750-6.3%$1/sqft |
Source: Owner Report a problem | ||
| 9/24/2015 | Listed for rent | $800$1/sqft |
Source: Owner Report a problem | ||
| 7/6/2012 | Sold | $75,500-5%$122/sqft |
Source: Agent Provided Report a problem | ||
| 4/18/2012 | Price change | $79,500-11.2%$128/sqft |
Source: Real Estate One-randolph #1732552 Report a problem | ||
| 1/12/2012 | Price change | $89,500+50.4%$144/sqft |
Source: Real Estate One-randolph #1732552 Report a problem | ||
| 1/10/2012 | Listed for sale | $59,500-39.8%$96/sqft |
Source: Real Estate One, Inc. #1732552 Report a problem | ||
| 12/2/2011 | Listing removed | $98,900$160/sqft |
Source: Real Estate One-randolph #1724212 Report a problem | ||
| 10/11/2011 | Listed for sale | $98,900$160/sqft |
Source: Real Estate One-randolph #1724212 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,146 +75.6% | $184,900 +64.1% |
| 2024 | $1,792 -5.6% | $112,700 +68.7% |
| 2023 | $1,898 +3.4% | $66,800 +3.9% |
| 2022 | $1,836 +1.1% | $64,300 +11.2% |
| 2021 | $1,816 | $57,800 +16.3% |
| 2020 | -- | $49,700 +25.8% |
| 2019 | -- | $39,500 -15.8% |
| 2018 | -- | $46,900 -2.3% |
| 2017 | -- | $48,000 -6.1% |
| 2016 | -- | $51,100 +10.8% |
| 2014 | -- | $46,100 -32.8% |
| 2012 | -- | $68,600 -0.1% |
| 2011 | -- | $68,700 -6.9% |
| 2008 | -- | $73,780 +11.2% |
| 2007 | -- | $66,370 +34.1% |
| 2005 | -- | $49,510 +1.8% |
| 2004 | -- | $48,620 +11.8% |
| 2003 | -- | $43,470 +11.6% |
| 2002 | -- | $38,960 +16.1% |
| 2001 | -- | $33,560 +26.8% |
| 2000 | -- | $26,460 |
Find assessor info on the county website
Neighborhood: 49685
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Nearby schools
GreatSchools rating
- 8/10Central Grade SchoolGrades: PK-7Distance: 4.7 mi
- 8/10West Senior HighGrades: 9-12Distance: 3.1 mi
- 8/10West Middle SchoolGrades: 6-8Distance: 3.2 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
- 5184 Silver Shores Ln
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