Summer Starts Here – Lakefront Living on Silver Lake! Embrace the best of waterfront living with 115 feet of stunning frontage on the beautiful harbor of all-sports Silver Lake. Enjoy year-round recreation – from boating and jet skiing in the summer to ice fishing and snowmobiling in the winter – right from your backyard. This spacious 3,000+ square foot home offers 5 bedrooms and 3 bathrooms across three levels, providing plenty of room for family, guests, and entertaining. With three distinct living/family areas, there's space for everyone to relax or gather together. The lower level features versatile bedrooms that can be used as a home office, gym, or bonus rooms to suit your needs. A highlight of the lower level is the expansive family room with a wet bar, ideal for entertaining. Walk right out onto the lower-level deck and soak in lake views while hosting friends and family. Lovingly maintained over the years, this home is ready for its next chapter. Bring your vision and personal style to make it your own. Bonus: You’ll have peace of mind with a whole-house backup generator—no need to worry about power outages.
Sold for $800,000
$800,000
5232 Highland Dr, Traverse City, MI 49685
5beds
2,812sqft
Single Family Residence
Built in 1970
0.27 Acres Lot
$819,200 Zestimate®
$284/sqft
$3,423 Estimated rent
Home value
$819,200
$737,000 - $909,000
$3,423/mo
Zestimate® history
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$4,808/mo
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Steve Cavender Home:231-631-0319,
Keller Williams Northern Michigan 231-947-8200
Bought with:
Robert Follett, 6504106289
Acme Appraisals North
Source: NGLRMLS,MLS#: 1934374
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
- Main level bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 198.9
- Dimensions: 13 x 15.3
Bedroom 2
- Level: Upper
- Dimensions: 10.58 x 15
Bedroom 3
- Level: Upper
- Area: 180
- Dimensions: 12 x 15
Bedroom 4
- Level: Lower
- Area: 168
- Dimensions: 14 x 12
Primary bathroom
- Features: None
Dining room
- Level: Main
- Width: 13.83
Family room
- Level: Main
- Dimensions: 19 x 17.33
Kitchen
- Level: Main
- Dimensions: 15.25 x 13.83
Living room
- Level: Main
- Dimensions: 15.33 x 21
Heating
- Hot Water, Baseboard, Natural Gas, Solar, Fireplace(s)
Cooling
- Zoned, Ductless
Appliances
- Included: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan, Electric Water Heater
- Laundry: Main Level
Features
- Bookcases, Entrance Foyer, Walk-In Closet(s), Kitchen Island, Den/Study, Ceiling Fan(s), Cable TV, High Speed Internet
- Flooring: Carpet, Vinyl, Wood
- Windows: Blinds, Curtain Rods
- Basement: Walk-Out Access,Crawl Space,Exterior Entry,Finished Rooms
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 2,812
- Total interior livable area: 2,812 sqft
- Finished area above ground: 1,904
- Finished area below ground: 908
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage Door Opener, Paved, Concrete Floors, Asphalt, Private
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Full Bath
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Multi-Level Decking, Patio
- Exterior features: Balcony, Dock
- Has view: Yes
- View description: Water
- Water view: Water
- Waterfront features: All Sports, Sandy Bottom, Gradual Slope to Water, Deeded Easement, Lake, Sandy Shoreline
- Body of water: Silver Lake
- Frontage type: Waterfront
- Frontage length: 115
Lot
- Size: 0.27 Acres
- Dimensions: 115' x 96' x 110' x 131'
- Features: Sloped, Landscaped, Subdivided
Details
- Additional structures: None
- Parcel number: 0505003200
- Zoning description: Residential
- Special conditions: Estate
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Frame, Aluminum Siding
- Foundation: Block, Slab
- Roof: Membrane
Condition
- Fixer
- New construction: No
- Year built: 1970
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Community & HOA
Community
- Features: None
- Subdivision: Beacon Hills
HOA
- Services included: None
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $284/sqft
- Tax assessed value: $712,800
- Annual tax amount: $3,809
- Price range: $800K - $800K
- Date on market: 5/29/2025
- Cumulative days on market: 69 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2025 | Sold | $800,000-7%$284/sqft |
Source:  NGLRMLS #1934374 Report a problem | ||
| 8/4/2025 | Pending sale | $860,000$306/sqft |
Source: NGLRMLS #1934374 Report a problem | ||
| 5/29/2025 | Listed for sale | $860,000+126.9%$306/sqft |
Source: NGLRMLS #1934374 Report a problem | ||
| 9/24/2010 | Listing removed | $379,000$135/sqft |
Source: CENTURY 21 Northland #1710258 Report a problem | ||
| 5/24/2010 | Listed for sale | $379,000$135/sqft |
Source: CENTURY 21 Northland #1710258 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,809 +3.2% | $356,400 +4% |
| 2024 | $3,693 +4.1% | $342,800 +19.7% |
| 2023 | $3,546 +3.4% | $286,500 +15.9% |
| 2022 | $3,431 +0.9% | $247,200 +1.6% |
| 2021 | $3,402 | $243,200 +26.4% |
| 2020 | -- | $192,400 +20.3% |
| 2019 | -- | $160,000 +3.2% |
| 2018 | -- | $155,000 -4.9% |
| 2017 | -- | $163,000 +9.6% |
| 2016 | -- | $148,700 +16% |
| 2014 | -- | $128,200 -10.8% |
| 2012 | -- | $143,750 -0.2% |
| 2011 | -- | $144,000 -21.3% |
| 2010 | -- | $182,900 -5.3% |
| 2009 | -- | $193,200 -1% |
| 2008 | -- | $195,250 +12.9% |
| 2007 | -- | $172,870 +11.6% |
| 2005 | -- | $154,930 +11.3% |
| 2004 | -- | $139,140 +23.9% |
| 2003 | -- | $112,290 +4.2% |
| 2002 | -- | $107,790 +4.6% |
| 2001 | -- | $103,010 +19.4% |
| 2000 | -- | $86,270 |
Find assessor info on the county website
Neighborhood: 49685
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Nearby schools
GreatSchools rating
- 8/10Central Grade SchoolGrades: PK-7Distance: 4.9 mi
- 8/10West Senior HighGrades: 9-12Distance: 3.3 mi
- 8/10West Middle SchoolGrades: 6-8Distance: 3.4 mi
Schools provided by the listing agent
- Elementary: Central Grade School
- Middle: Traverse City West Middle School
- High: Traverse City West Senior High School
- 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
- 5232 Highland Dr
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