This charming year-round home on Island Lake has been extensively renovated and offers the perfect blend of “Up North” character and comfort, just minutes from downtown Traverse City. Enjoy your own private sandy beach and peaceful lake views from the spacious lakeside deck—ideal for relaxing or entertaining. Inside, beamed ceilings and a cozy fireplace create a warm and inviting atmosphere, while three sliding glass doors seamlessly bring the outdoors in and fill the space with natural light. A 24x24 heated garage and additional storage shed provide plenty of space for the water toys. Tucked away in a quiet area with four seasons of recreation at your fingertips, this property is a rare find for those seeking natural beauty and convenience.
Sold for $584,500
$584,500
542 Island View Dr, Traverse City, MI 49696
2beds
1,014sqft
Single Family Residence
Built in 1971
0.3 Acres Lot
$598,700 Zestimate®
$576/sqft
$1,943 Estimated rent
Home value
$598,700
$539,000 - $665,000
$1,943/mo
Zestimate® history
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$3,513/mo
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Zillow last checked:
Listing updated:
Listed by:
Matthew Geib Cell:231-357-3265,
Viewpoint Realty 231-943-6145
Bought with:
Matthew Geib, 6502432932
Viewpoint Realty
Source: NGLRMLS,MLS#: 1935542
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Workshop
Primary bedroom
- Level: Upper
- Area: 147.6
- Dimensions: 12.3 x 12
Bedroom 2
- Level: Upper
- Area: 114
- Dimensions: 12 x 9.5
Primary bathroom
- Features: None
Dining room
- Level: Main
- Length: 10.75
Kitchen
- Level: Main
- Length: 9.5
Living room
- Level: Main
- Area: 371.88
- Dimensions: 21.25 x 17.5
Heating
- Baseboard, Wall Furnace, Propane, Wood, Fireplace(s)
Cooling
- Ductless, Electric, Window A/C Unit(s)
Appliances
- Included: Refrigerator, Oven/Range, Microwave, Water Softener Owned, Washer, Dryer, Electric Water Heater
- Laundry: Main Level
Features
- Cathedral Ceiling(s), Bookcases, Entrance Foyer, Loft, Granite Bath Tops, Granite Counters, Mud Room, Beamed Ceilings, Ceiling Fan(s), High Speed Internet
- Flooring: Wood, Carpet, Tile
- Windows: Blinds, Drapes, Curtain Rods
- Basement: Exterior Entry
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,014
- Total interior livable area: 1,014 sqft
- Finished area above ground: 1,014
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage Door Opener, Heated Garage, Finished Rooms, Concrete Floors, RV Access/Parking, Gravel, Private
- Garage spaces: 2
- Details: RV Parking
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Deck
- On waterfront: Yes
- Waterfront features: All Sports, Sandy Bottom, Private Lake, Sandy Shoreline
- Body of water: Island Lake
- Frontage type: Waterfront
- Frontage length: 72
Lot
- Size: 0.3 Acres
- Dimensions: 176 x 72
- Features: Wooded-Hardwoods, Wooded, Evergreens, Sloped, Subdivided
Details
- Additional structures: Shed(s)
- Parcel number: 1339000700
- Zoning description: Residential,Outbuildings Allowed
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
- Roof: Asphalt,Composition
Condition
- New construction: No
- Year built: 1971
- Major remodel year: 2021
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Community & HOA
Community
- Features: None
- Subdivision: Island Lake Subdivision
HOA
- Services included: None
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $576/sqft
- Tax assessed value: $459,000
- Annual tax amount: $3,170
- Price range: $584.5K - $584.5K
- Date on market: 6/24/2025
- Cumulative days on market: 36 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash,FHA,MSHDA,USDA Loan,VA Loan,1031 Exchange
- Ownership type: Private Owner
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 2/19/2026 | Listing removed | $2,400$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/5/2026 | Listed for rent | $2,400-5.9%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/9/2025 | Listing removed | $2,550$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/28/2025 | Price change | $2,550-7.3%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/4/2025 | Price change | $2,750-6.8%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/27/2025 | Price change | $2,950-9.2%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/21/2025 | Listed for rent | $3,250$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/30/2025 | Sold | $584,500-0.1%$576/sqft |
Source:  NGLRMLS #1935542 Report a problem | ||
| 6/24/2025 | Listed for sale | $585,000+199.4%$577/sqft |
Source: NGLRMLS #1935542 Report a problem | ||
| 9/11/2014 | Listing removed | $195,400$193/sqft |
Source: Coldwell Banker Schmidt REALTORS #1785089 Report a problem | ||
| 9/1/2014 | Listed for sale | $195,400$193/sqft |
Source: Coldwell Banker Schmidt REALTORS #1785089 Report a problem | ||
| 8/31/2014 | Pending sale | $195,400$193/sqft |
Source: Coldwell Banker Schmidt REALTORS #1785089 Report a problem | ||
| 8/28/2014 | Listed for sale | $195,400$193/sqft |
Source: Coldwell Banker Schmidt REALTORS #1785089 Report a problem | ||
| 8/28/2014 | Pending sale | $195,400$193/sqft |
Source: Coldwell Banker Schmidt REALTORS #1785089 Report a problem | ||
| 6/13/2014 | Listed for sale | $195,400$193/sqft |
Source: Coldwell Banker Schmidt REALTORS #1785089 Report a problem | ||
| 6/12/2014 | Pending sale | $195,400$193/sqft |
Source: Coldwell Banker Schmidt REALTORS #1785089 Report a problem | ||
| 5/30/2014 | Listed for sale | $195,400+0.2%$193/sqft |
Source: Coldwell Banker Schmidt REALTORS #1785089 Report a problem | ||
| 1/10/2014 | Sold | $195,000+2.7%$192/sqft |
Source: Agent Provided Report a problem | ||
| 9/7/2013 | Listed for sale | $189,900$187/sqft |
Source: Coldwell Banker Schmidt REALTORS #1775975 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,170 +5% | $229,500 +22.9% |
| 2024 | $3,018 +7.2% | $186,700 +18.3% |
| 2023 | $2,815 +2.7% | $157,800 +16% |
| 2022 | $2,741 +8.1% | $136,000 +10.5% |
| 2021 | $2,537 -5.7% | $123,100 +2.4% |
| 2020 | $2,690 | $120,200 +5.3% |
| 2019 | $2,690 +1.9% | $114,200 -1.8% |
| 2018 | $2,640 | $116,300 +0.7% |
| 2017 | -- | $115,500 +7.6% |
| 2016 | -- | $107,300 +39.7% |
| 2014 | -- | $76,800 -10.6% |
| 2012 | -- | $85,900 -1.4% |
| 2011 | -- | $87,100 -9.3% |
| 2010 | -- | $96,000 -4.4% |
| 2009 | -- | $100,400 -1.2% |
| 2008 | -- | $101,600 +10.4% |
| 2007 | -- | $92,010 +4.4% |
| 2005 | -- | $88,150 +6.7% |
| 2004 | -- | $82,600 +5.8% |
| 2003 | -- | $78,060 +11.1% |
| 2002 | -- | $70,260 +8.5% |
| 2001 | -- | $64,770 +12.8% |
| 2000 | -- | $57,440 |
Find assessor info on the county website
Neighborhood: 49696
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Nearby schools
GreatSchools rating
- NAMill Creek Elementary SchoolGrades: PK-5Distance: 6.1 mi
- 8/10Cherryland Middle SchoolGrades: 6-8Distance: 14.2 mi
- 10/10Elk Rapids High SchoolGrades: 9-12Distance: 14 mi
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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- Michigan
- Grand Traverse County
- Traverse City
- 49696
- 542 Island View Dr
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