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Sold for $270,000
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    • $270,000

    524 Island View Dr, Traverse City, MI 49696

    2beds
    600sqft
    Single Family Residence
    Built in 1964
    0.41 Acres Lot
    $269,900 Zestimate®
    $450/sqft
    $1,938 Estimated rent

    Home value

    $269,900

    $251,000 - $291,000

    $1,938/mo

    Zestimate® history

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    What's special

    Two-bedroom cottageBeautiful lake views
    WATERFRONT FIXER-UPPER! An opportunity to make your mark on private Island Lake waterfront! Set on 100 feet of private frontage, this two-bedroom cottage offers a peaceful setting and plenty of potential for its next owner. Positioned close to the water’s edge, the home takes full advantage of beautiful lake views and easy access to all-sports Island Lake. Tucked away on the outskirts of Traverse City, this property offers the peace and serenity of lakefront living while keeping downtown dining, shopping, entertainment, and events within easy reach. Whether you’re looking for a renovation project, weekend getaway, or a place to create your own waterfront retreat, this is a chance to enjoy 100 feet of private frontage in a truly special setting.

    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew Geib Cell:231-357-3265,

    Viewpoint Realty 231-943-6145

    Bought with:

    Non Member Office

    NON-MLS MEMBER OFFICE

    Source: NGLRMLS,MLS#: 1951353MLS Logo

    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: 74.1
    • Dimensions: 9.5 x 7.8
    Bedroom 2
    • Level: Main
    • Area: 61.75
    • Dimensions: 9.5 x 6.5
    Primary bathroom
    • Features: None
    Kitchen
    • Level: Main
    • Area: 86.03
    • Dimensions: 9.3 x 9.25
    Living room
    • Level: Main
    • Area: 299.15
    • Dimensions: 19.3 x 15.5
    Heating
    • Forced Air, Propane
    Appliances
    • Included: Refrigerator, Oven/Range, Electric Water Heater
    • Laundry: None
    Features
    • Cable TV, High Speed Internet
    • Flooring: Luxury Vinyl Plank
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 600
    • Total interior livable area: 600 sqft
    • Finished area above ground: 600
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: None, Asphalt, Private
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Covered
    • On waterfront: Yes
    • Waterfront features: Inland Lake, All Sports, Gradual Slope to Water, Private Lake
    • Body of water: Island Lake
    • Frontage type: Waterfront
    • Frontage length: 100
    Lot
    • Size: 0.41 Acres
    • Dimensions: 174 x 100 x 186 x 71
    • Features: Wooded, Level, Subdivided
    Details
    • Additional structures: Shed(s)
    • Parcel number: 1339000400
    • Zoning description: Residential,Outbuildings Allowed

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch,Cottage
    • Property subtype: Single Family Residence
    Materials
    • Frame, Vinyl Siding
    • Foundation: Slab
    • Roof: Asphalt
    Condition
    • Fixer
    • New construction: No
    • Year built: 1964

    Utilities & green energy

    • Water: Private

    Community & HOA

    Community
    • Features: None
    • Subdivision: Island Lake Sub
    HOA
    • Services included: None
    Location
    • Region: Traverse City

    Financial & listing details

    • Price per square foot: $450/sqft
    • Tax assessed value: $99,927
    • Annual tax amount: $4,000
    • Price range: $270K - $270K
    • Date on market: 10/6/2026
    • Cumulative days on market: 24 days
    • Listing agreement: Exclusive Right Sell
    • Listing terms: Conventional,Cash,1031 Exchange
    • Ownership type: Private Owner
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    10/30/2026Sold$270,000-8.5%$450/sqft
    Source: NGLRMLS #1951353 Report a problem
    10/29/2026Pending sale$295,000$492/sqft
    Source: NGLRMLS #1951353 Report a problem
    10/6/2026Listed for sale$295,000+68.6%$492/sqft
    Source: NGLRMLS #1951353 Report a problem
    9/22/2018Sold$175,000-7.8%$292/sqft
    Source: Agent Provided Report a problem
    8/1/2018Price change$189,900-1.6%$317/sqft
    Source: Traverse North Realty #1848456 Report a problem
    7/19/2018Price change$193,000-0.5%$322/sqft
    Source: Traverse North Realty #1848456 Report a problem
    7/12/2018Price change$194,000-2.5%$323/sqft
    Source: Traverse North Realty #1848456 Report a problem
    6/17/2018Listed for sale$199,000+32.8%$332/sqft
    Source: Traverse North Realty #1848456 Report a problem
    7/29/2014Listing removed$149,900$250/sqft
    Source: CENTURY 21 Northland #1781942 Report a problem
    7/19/2014Pending sale$149,900$250/sqft
    Source: CENTURY 21 Northland #1781942 Report a problem
    4/16/2014Listed for sale$149,900+11%$250/sqft
    Source: CENTURY 21 Northland #1781942 Report a problem
    1/25/2014Sold$135,000-9.9%$225/sqft
    Source: Agent Provided Report a problem
    8/18/2013Price change$149,900-7.8%$250/sqft
    Source: Woods & Water Real Estate, Inc. #1739205 Report a problem
    4/13/2013Listed for sale$162,500-7.1%$271/sqft
    Source: Woods & Water Real Estate, Inc. #1739205 Report a problem
    9/2/2012Listed for sale$175,000+230.8%$292/sqft
    Source: Woods & Water Real Estate, Inc. #1739205 Report a problem
    8/13/1992Sold$52,900$88/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,000 +4.8%$216,000 +38.2%
    2024$3,816 +6.3%$156,300 +24.5%
    2023$3,591 +2.9%$125,500 +40.2%
    2022$3,488 +5.1%$89,500 +4.7%
    2021$3,319 -2.5%$85,500 +1.1%
    2020$3,402 $84,600 +5.5%
    2019$3,402 +5.4%$80,200 -2.1%
    2018$3,227 $81,900 +2%
    2017-- $80,300 +5.9%
    2016-- $75,800 +18.3%
    2014-- $64,100 -6.4%
    2012-- $68,500 -1%
    2011-- $69,200 -6%
    2010-- $73,600 -6.1%
    2009-- $78,400 -0.8%
    2008-- $79,000 +6.8%
    2007-- $73,990 +2.7%
    2005-- $72,060 +6%
    2004-- $67,980 +16.8%
    2003-- $58,190 +8%
    2002-- $53,900 +6.6%
    2001-- $50,560 +18.2%
    2000-- $42,780
    Find assessor info on the county website

    Neighborhood: 49696

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    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Elk Rapids 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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